COMM 200 Chapter Notes - Chapter 3: Foreign Direct Investment, Financial Regulation, Canadian Natural Resources

• School: Queen's University
• Department: Commerce
• Course: COMM 200
• Professor: Gary J Bissonette

Document Summary

Growth of developing countries in asia, eastern europe, middle east etc. present both opportunities and challenges to canadian businesses: opportunities: Development of these new markets -> resurgence of demand worldwide for. Canadian natural resources -> significant new growth within economic sectors: challenges: competitiveness. Manufacturing sectors continue to be challenged to improve their overall cost. For many canadian companies, natural tendency = look first to the u. s. (given the close proximity) for potential growth opportunities and then internationally (not always the case though) The search for new markets isn"t a one-way focus with fully-developed countries looking for new markets elsewhere: companies from emerging economies have taken the same approach. The ability to assess global needs, manufacture products and/or develop services in response to it, and then to engage in global trade to gain access to these markets = fundamental to development of today"s global marketplace.