Question

Using your knowledge of the business environment and relevant examples, explain some ways in which conducting business in Canada maybe different from conducting business in South Sudan.

Answer 1

Conducting business in Canada may be different from conducting business in South Sudan because Canada is a developed country whereas South Sudan is not a developed country and it is a developing country, so there is a various differences in the approach of Management and governance of companies in both the countries, so, one need to discount on these macro factors before investment into these countries.

Canada is having up highly transparent regulatory system which age focusing upon optimum disclosure for the public companies so that investors interest are protected whereas South Sudan does not have that much of public disclosure norms.

Canada also have a very low degree of macroeconomic risk and political uncertainty whereas South Sudan has high degree of economic uncertainty is which can impact the overall rate of return.

inflation and interest rates in Canada is different than inflation and interest rates in South Sudan because Canada is a developed economy whereas South Sudan is not, so one need to discount inflation and interest rates.

Hence, Businesses in Canada is different from conducting business in South Sudan because of various macroeconomic factors and microeconomic factors which will impact the business operations to large extent.