GROUP MEMBERS

NAME
Rajesh Patil

ROLL NO.
35

Sandeep Prabhu Aishwarya Saraf

Priya Singh

39 42
48

Printha Yadav

54

CONTENTS
INTRODUCTION SOUTH AFRICAN OVERVIEW BUSINESS ENVIRONMENT FINANCIAL MARKET ECONOMIC INTEGRATION LEGAL ASPECTS INTERNATIONAL BUSINESS STRATEGY INTERNATIONAL MARKETING STRATEGY INTERNATIONAL HUMAN RESOURCE STRATEGY FOREIGN DIRECT INVESTMENT BALANCE OF PAYMENT CONCLUSION

Introduction of International Business

International Business comprises all transactions ( private and government , sales , investments , logistics , and transportation ) that takes place between two or more regions or countries and nations beyond their political boundaries.

Features
Large Scale Operation Integration of Economies Dominated by Developed Countries Benefit to Participating Countries Keen Competition International Restriction Sensitive Nature

Overview of South Africa

South Africa, officially the Republic of South Africa, is a country located at the southern tip of Africa. It is the 25thlargest country in the world by land area. South Africa is a multiethnic society encompassing a wide variety of cultures, languages, and religions.

Business Environment of South Africa

South Africa: Open for Business Sound economic policies Favorable, Legal and Business environment World-class Infrastructure Access to Markets Cost of doing business in SA Ease of doing business in SA

International Financial Market of South Africa

International Financial markets play an increasingly important role in financing Africas private sector. If these markets are to continue to develop, it is essential to free up African savings which are trapped by low-return assets.

Economic Integration of South Africa

Economic integration is the unification of economic policies between different states through the partial or full abolition of tariff and non-tariff restrictions on trade, The dream for a united economy or regional economic integration in Africa started since early years after independence.

Benefits of Economic Integration

It fosters growth It affects the rate of output growth It attracts foreign direct investment (FDI) It has the potential to complement ongoing efforts It contributes to pro-poor growth It results in harmonization of the exchange rates

Challenges to Economic Integration

Despite the enormous benefits that regions stand to gain if they are able to integrate economically, there are some challenges impeding against the smooth implementation all economic integration policies across the continent of Africa.

If integration reaches the stages of customs unions, then political decisions start to be made by a central body and this reduces the power of the domestic government of the country. Lack of complementarities among regional partners in goods and factors of production, and potentials for product differentiation between regional partners.

Legal Aspects of doing Business in South Africa

A number of legal issues have an influence on a foreign investor in South Africa including those that are common to investments.

Those are as follows:

Black economic empowerment Investment forms and structuring (company structures) Exchange control Money laundering legislation Corporate governance Merger Control

International Business Strategy of South Africa

Business strategy is a long term plan of action designed to achieve a particular goal or set of goals or objectives. It states how business should be conduct to achieve the desired goals. Without a strategy management has no roadmap to guide them.

They focus on:

Understanding the Market opportunity Rapid Urbanization Developing the right value proposition Optimizing Marketing and Promotion

International Marketing Strategy of South Africa

Marketing South Africa to the world is one of the ultimate challenges and privileges that a marketer from this country could be faced with. How does one convey all that this incredible country encapsulates in one succinct, strategic offer?

Those various elements are:

Turning challenges into opportunities Coming up with a global strategy Making the strategy come to life Ensuring success through partnerships and role out

International Human Resource Strategy of South Africa

Human resource strategy is designed to develop the skills, attitudes and behaviors among staff that will help the organization meet its goals. It covers the various areas of human resources functions such as recruitment, compensation, performance management, reward and recognition, employee relations and training.

Case Study
South Africa has been named African Country of the Future 2013/14 by FDI Magazine, a London Financial Times Publication.

Balance Of Payment

Bibliography
www.business.org.co.in www.economicintegration.africa.com www.southafrica.com www.humanresourcemgt.com www.legalaspects.co.in