GOVERNMENT ROLE

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What is the Governments Role in International Business and Corporate Influence of Government ?

Government Regulations

determines how easy it is to start up a business

countries that allow for businesses to start up easily have proven to have a higher productivity

laws that affect businesses: - minimum wage - safety standards

Consular Services

provide services - emergency serv., passport serv., customs, taxes, property management to Canadians that are abroad

Embassies

located in capital cities

Trade Missions

Provides Canadian businesses with opp. network, and gather new mrkt info

visits a particular country and focus on a specific industry

organized through DFAIT

promotes IB

Trade Offices

gov. go to foreign countries to help their businesses operate

ex. canadian gov. has trade offices in over 150 cities worldwide - allow businesses to:

lower costs (provides market info)

look for new opportunities in regards to tech and R& D

invest outside of Canada

export products