Global Business Assignment Example | Topics and Well Written Essays - 2000 words - 1

Global Business - Assignment Example Due to the economic performance of the three countries such as Mexico having the 14th largest nominal GDP, Spain having the fifth largest economy in the EU, and India having the 11th largest economy by exchange rates, it is clear that these nations follow the guidelines of the three international institutions that include the IMF, WTO and the World Bank. Amazon was chosen for this project due to its size and especially to find out how it has managed to become a leader in the Internet based market. The foundation of Amazon’s global business includes establishment in regimes that have transparent political institutions as well as functioning judicial systems. Within several previous decades, the three countries within which Amazon operates have exhibited tremendous economic growth. This is mostly because of the globalized nature of the trade that they engage in. The three nations have also established internal structures that favor globalization. This implies that these countries act as good markets for Amazon’s products. Mexico hosts several major automobile manufacturers that include GM, Chrysler, and Ford. This makes Mexico ideal for Amazon’s products in related fields. The booming pharmaceutical industry of India is expected, by 2020, to reach an estimated $48.5 billion. This is why Amazon has a specific interest in India. On the other hand, Spain is one of the countries where companies that include Ferrovial have achieved a global status from establish ing an ideal market environment for Amazon. These factors form some of the most important foundations of Amazon’s global business. This is because of the existence of functioning judicial systems as well as strong political systems in the involved countries. On top of that, these countries support and promote globalization through the establishment of capitalist mixed economic systems. The democratic mode of governance began in 1917 in Mexico following the