1. Who are the country’s main competitors and how is it...

1. Who are the country’s main competitors and how is it positioned relative to these main competitors? FDI inflows, by region and economy, 2012 (Latin American and the Caribbean) Country FDI in 2012 (Millions of dollars) 1. Brazil 65 271.85165 2. British Virgin Islands 64 895.73812 3. Chile 30 323.047 4. Colombia 15 822.93615 5. Argentina 12 551.11934 6. Peru 12 239.67185 7. Cayman Islands 4234.45103 8. Dominican Republic 3609.6 9. Venezuela 3216 Dominican Republic holds the 8th position in FDI inflows in the Latin America Caribbean sector, just above Venezuela, according to 2012 data provided by The World Bank . Due to the lack of qualified labor force, high level of debts (including government debts), and the negative†¦show more content†¦This shows potential that the economy is heading towards growth. According to the Global Innovation Index 2013 , Dominican Republic’s strengths count ecological sustainability, as in the low amount of energy used per person and growth rate of GDP per worker. Also, there is a large pool of local artisans that produce creative goods, which are often exported, bringing in profit for the nation. In contrast, Dominican Republic also has weaknesses such as the lack of funding into education, contributing to the unemployment rate of 15% and the lack of qualified candidates on the job market. Furthermore, the number of students in schools exceeds the number of teachers available and universities in Dominican Republic are usually subject to low rankings compared to other universities in the Latin Americas. Proper health care is also a disadvantage in Dominican Republic and locals do not trust their own government, due to corruption. The Research and Development sector rates poorly, leading to knowledge and technology outputs also being rated poor in the Global Innovation Index. Finally, within the investment sector, the lack of venture capital deals, along with low domestic credit to the private sector are counted as current weaknesses within the Dominican Republic. 3. How does corruption manifest itself and how should it be dealt with? While the Dominican government welcomes foreign investment, many problems can arise causing problems and risks forShow MoreRelatedGe’s Two-Decade Transformation1844 Words   |  8 PagesGes Two Decades Transformation GE’S Two-Decade Transformation 1.How difficult a challenge did Welch face in 1981? How effectively did he take charge? When Jack Welch assumed as CEO of GE in April 1981, he had the challenge of revitalizing the competitiveness and productive competency of the company. 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