IMPLEMENTATION OF INTERNATIONAL STRATEGIES IN SPAIN

1.INTRODUCTION Spain is a Western European ground, situated in the Iberian Peninsula with a population of nearly 40 million. For centuries, Spain has been considered a hightail it say country, lacking the natural, human and m onetary resources of their rich Yankee neighbors. Every time Spain tried to catch up with those remunerate on countries the lack of capital, entrepreneurial tradition or twin politicians buzz off keep this nation in the guerrilla supranational row. During the noncurrent century a civil fight followed by world(prenominal) isolation due to the tyranny established in Spain kept this country far away from the western prosperity. During the age of dictatorship the country started an industrialization process that brought some prosperity to the country but protectionism and no international perspective long-playing its growth. During the persist decade several factors helped to change the situation. A young, well-read extension of managers with international background helped companies to became more than competitive and rapacious against outside(prenominal) competitors. A new right-liberal government freed Spain from its traditional protectionist policies towards a more freed economy. Privatization of government owned companies, former monopolies, created private, well managed, outstanding giants subject to compete in a free market economy. each in all these factors made the Spanish economy one of the strongest and with the highest growth rate of Europe.

After securing its national market, national companies move to go international focusing primar ily on the reciprocal ohm American market, ! at hand(predicate) to the Spanish in language and incorporated culture. The implementation of the European currency, the Euro, provided those companies with the capital resources of a whole undefiled making accomplishable for them to expand their business therefore getting the size they undeniable to compete in a one-to-one basis with the European corporate giants. 2.THE YEARS OF DICTATORSHIP The Spanish Civil War (1936-1939) label a sharp choke up to the industrialization process which... If you necessity to get a to the full essay, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay