Experiential Exercises (50 Points)

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Name : Epiphany Gariando 

   Course & Year : BSBA-MKTG MNGT 3RD Year


Student ID# :184058     Date of Submission : August 19, 2021

My reason is that I thought my professor of this subject is Sir Mar because I was
added in his gc, then I was able to know that I have lack subject and requirements to
you ma’am. I’m so sorry.

Module 4
EXPERIENTIAL EXERCISES (50 POINTS).
1.Compare and contrast the impact of the regulatory strength of national ministries of
trade in Japan or Germany versus India. How did the developed country successfully
lead the country to long-term growth? Discuss the role of the bureaucracy in India
and if you think it can successfully lead the country to long-term economic growth.
(30)
Answer. Both Japan and Germany are one of the developed or advanced
economies in the world with high capital incomes, competitive industries and well-
developed commercial infrastructure. They both also benefits from a highly skilled
labors also the services of two countries has almost 70 plus percent of its services of
GDP or Gross Domestic Product. Germany has the fifth largest economy in the
world, being a leading exporter of machinery, vehicles, chemicals and household
equipment. And Japan been a well-crafted economic policy that is administered by
the government with alliance with the large businesses.
India is rich in natural resources, such as rubber, timber, chromium, coal, iron,
manganese, copper ore, petroleum, bauxite, titanium, mica salt, limestone, and
gypsum. Also it is the one of the leading producers of iron ore, and coal accounts for
almost nearly 40 percent of all the mined minerals in the country. Because having a
domestic generation of insufficient meet of demands, the natural gas and oil remains
a net importer of crude oil. They also deposits precious stones like diamonds,
emeralds, gold and silver, but cut diamonds are one of the biggest exports of India.
India’ major crops includes the rice, wheat, pulses, sugarcane, cotton, jute, oilseeds,
tea, coffee, tobacco, onions, and potatoes and also others are dairy products, sheep,
goats, poultry and fish. The major manufacturing industries of India are cotton, and
jute textiles; like, iron, steel and other basic metals like petrochemicals, electrical
machinery and appliances, transport equipment, chemicals, cement, fertilizers,
software, medicines and pharmaceuticals, and food products.
Agriculture becomes an important economic secto in India , having 17 percent of the
country’s GDP and employing almost 52 percent of the workforce. The growth of
Indian industry accounts for about 28.2 percent of its GDP and 14 percent of
employment resulted in widespread improvements and diversity in the country’s
manufacturing base. And the power, electronics, food processing, software,
transportation equipment, and telecommunications industries are developing rapidly.
The financial sector, including banking and insurance, is also well developed.

2. Select one developing country that you think may become an emerging market in
the next ten years. Discuss which statistics and criteria led to your selection. (20)

Answer. The developing country that I think would become an emerging market in
the next ten years UAE (federation of seven states, Abu Dhabi (capital), Dubai, Al-
Shāriqah (or Sharjah), Ajmān, Umm al-Qaywayn, Ras’al-Khaymah, and Al-Fujayrah
or Fujairah). Because they received the most global attention as commercial,
financial, and cultural centers that is very necessary to help for their success.
Sometimes Dubai is called the Vegas of the Middle East in reference to its glitzy
malls, buildings, and consumerism culture and also having a luxury brands and
excessive wealth dominate their culture as the oil wealth is also displayed. Dubai
also has a Mall of the Emirates, indoor alpine ski resort and also features
architectural projects like the spire-topped Burj Khalifa known as the tallest
skyscraper in the world and also having a Palm Islands which are man-made, palm-
shaped, phased land-reclamation developments. And visionary proposals include the
world’s first underwater hotel called the Hydropolis.
The Dubai tourism attracts visitors because of having a religiously conservative
neighbors such as Saudi Arabia as well as from countries in South Asia and for its
extensive shopping options. Having all of this, I think that this country will become
emerging market in the future and have more attractive industries or others that can
meets their economic goals.

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