Should Zip-6 Expand Into Colombia?

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Zip-6 Colombia Global Business Should Zip-6 expand into Colombia? After investor Nils felt that Ravi and Keith should take the steps to expand into this company specifically; throughout this paper I will discuss the facts and research on Colombia to determine if expansion in Colombia is ideal. For the past 50 years Colombia has had issues with guerilla groups attacking civilians trying to overthrow the government. Efforts to restore order emerged in 2012 when, “The Colombian Government has stepped up efforts to reassert government control throughout the country, and now has a presence in every one of its administrative departments. Despite decades of internal conflict and drug related security challenges.” (CIA.gov/Colombia). The results have been positive with fair elections, protection for the people, and a strong government. Colombia’s economy face the highest unemployment rate in Latin America statistically reported by cia.org, at 10.3% in 2012. Colombia's economic policies involving the free trade agreements make it easy for Ravi and Keith to have flow of goods imported and exported. “Economic development is stymied by inadequate infrastructure, weakened further by recent flooding.” (cia.gov/Colombia). Colombia has the largest count of Latin American refugees leaving the country and settling in Venezuela…show more content…
The Colombian economy in terms of free trading might be positive but the high percentage of refugees raises a big alarm that something isn’t right if people are still trying to flee the country. Colombia is also known illegal trafficking of cocaine. Although the government is not involved in those acts and tries to stop it, it is important for Zip-6 to consider being caught up in an illegal drug

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