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Thursday, March 14, 2019

B2B and International Exercise

In the conduct of this study, the caput that must always be put in our mind is if thither is a possibility for the city of Scottsdale and Marrakesh to have a strain dealings to improve their economy as a whole. After reading alone the necessary materials regarding the economic condition of the two cities, I have versed that Marrakesh has a 55. 5 % rate of sh be of services in the join of the citys GDP. Moreover, Morocco is similarly know for its industry in mining, food processing, leather goods, textiles and tourism. In toll of their educational attainment level, only 52% of the total population is literate.Its export commodities are mostly clothing, fish, crude minerals, fertilizer, transistors and inorganic chemicals. On the early(a) hand, one of the booming industries in Scottsdale is the business and master industry that enables them to have an impressive economic growth for the past years. They are also known for their best go backs destinations and exalted technol ogies and bio-technology. Feasibility Study establish from the above facts that I ga in that locationd, I could say that there is a dandy possibility of having business with Marrakesh.In the industry of tourism, since Marrakesh is known for their tourism, Scottsdale could develop resorts in Marrakesh. The high rate of tourists that goes to Marrakesh would serve as an opportunity for the Scottsdale to put up resorts. If this would go to happen, tourists in Marrakesh leave continue to increase. At the same time, while turn a profiting the Scottsdale, the resort that will be established would surely cut the unemployment rate of Marrakesh since jobs will be provided to their citizens and, in the later years, could uplift the poverty rate of Marrakesh (Shagazatova).On the other hand, since there is a high illiteracy rate in Marrakesh, and there are a lot of professionals in Scottsdale like teachers, Scottsdale could invest in establishing schools in the Marrakesh in order to uplift t heir rate of literacy. The schools that I am referring here are only vocational schools, will also provide basic knowledge regarding literacy, that might be a good dish up in the booming industry of Marrakesh (Ranis). With this, Scottsdale could also get workers from the schools that they had established. With the median eld of 24 years, there would be no doubt that Marrakesh industry is concentrate on the service sector.Most of the companies here must be labor intense in order to take advantage of the large pool of laborers in the market. Wage rate is expected to be low compared to other countries (Phelps). This is also one of the reasons why it is advantageous to put up a business in Marrakesh aside from its economic opportunities in the current days. Since Scottsdale is well known for its business services, it would be a good decision to establish a service oriented company in Marrakesh. It could be in bourne with the transistors industry or textile industry that dirty dog be provided by Scottsdale to the workers of Marrakesh.Data Gathering and Recommendations Through the suggested strategies above would definitely benefit both of the cities. Marrakesh could take advantage of the job opportunity that Scottsdales investors hire with them and the latter could take advantage of the tremendous amount of laborers in Marrakesh as well as the low operational costs in terms of the wage rate. After presenting this paper to the Scottsdales officials, data gathering in Marrakesh economic standing should be implemented right away in order to validate the theories that we have cited in this paper.The datas were because studied by the economic analysts of Scottsdale in order to have an in depth understanding of the current status of Marrakesh and in order for us to be guided in the actions that we are going to undertake. REFERENCES Phelps, Edmund S. Low-Wage Employment Subsidies Versus the social welfare State. 2007. Ranis, Gustav. Human Development and Economi c Growth. 2004. Shagazatova, Batir Mirbabayev and Malika. The Economic and Social Impact of Tourism. 2005.

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