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Greece presentation
Greece presentation
Greece presentation
Greece presentation
Greece presentation
Greece presentation
Greece presentation
Greece presentation
Greece presentation
Greece presentation
Greece presentation
Greece presentation
Greece presentation
Greece presentation
Greece presentation
Greece presentation
Greece presentation
Greece presentation
Greece presentation
Greece presentation
Greece presentation
Greece presentation
Greece presentation
Greece presentation
Greece presentation
Greece presentation
Greece presentation
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Greece presentation

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  • 1. Team 6Billy Hooper | Erin Hillis | Jacinta Mastin | Janie Dowdy | JamesDaniel | Kristin Wilson
  • 2. Greece’s Flag andMap
  • 3. Presentation OutlineEconomic ScenarioPolitical and Business LandscapeBusiness EtiquetteEntering Greece
  • 4. Greece’s CurrentEconomyGDPBalance of TradeCurrency
  • 5. GDP and InflationElements of a Country’sEconomyGREECEGDP GROWTH RATE 0.2%UNEMPLOYMENT 26.8%INFLATION 0.2%TRADE DEFICIT/SURPLUS Deficit850.9 EUR millionDEBT 347.6 billion EUROECD.ORG
  • 6. Trade
  • 7. Currency• Euro• 1 Euro equals 1.34 DollarsEuro Value Chart
  • 8. Greece’s PoliticalSystemType of Political SystemRiskCorruptionLegal SystemPolitical and Business Landscape
  • 9. Type of PoliticalSystem• Three Branches of Power• Two Socialist Parties• Elections• Separate Local Governments
  • 10. Political Risk• High Unemployment• Bankruptcy• Tax Increases• Spending Cuts• Protests
  • 11. Legal System andCorruption• Legal Tradition of Civil Law• Transparency International• Demanding and Accepting Bribes• Limitations on Criminal Offenses• Ministers who have committed crimes
  • 12. Political andBusiness Landscape• Starting a Business• Cost of Doing Business• New Democracy• Mass Layoffs and Budget Cuts
  • 13. Business Etiquette inGreeceBasic Etiquette Norms in GreeceAdjustments to do business in Greece
  • 14. Business Etiquette Norms• Doing business with people they know.• Using the Greek Language• Seniority• No set agenda
  • 15. Needed Adjustments• Language• Currency• Customs• Stereotypes• Rules and Regulations• Religion
  • 16. Entering Greece• Why Greece is good for our service• Dealing with the challenges• Entry Mode• Competitive Dynamics• Strategies• Market• Supply Chain• Human Resources• Financing and Governing the Corporation• Corporate Social Responisbility
  • 17. Why Greece is Good for OurService• Financial Cuts and the National Healthcare System• Economic Crisis and Healthcare Cuts• DME Genotype Panel Testing• How it works• Less Trial and Error• Less Medical Service• Saving Money Without Cutting Benefits
  • 18. Dealing With theChallenges• Economic• Pressure on the Government• They will save money!• Political• Professional Strikes, tax increase, andunemployment• Having capital• Cultural• Family and Time• Group Oriented• Learning the Language
  • 19. Mode of Entry• Large Scale in Equity Mode• Advantages• Ownership• Location• Internalization• Joint Venture
  • 20. Managing CompetitiveDynamics• Healthcare• Workers getting sick• Education• Lack of skill• Strategic Actions
  • 21. Strategies• Marketing• Product, service, price, promotion, and place.• Enhancing the outlook of healthcare• Costs and benefits• Supply Chain• Adjusting to agility, adaptability, and alignment• Being open to change• Human Resources• Getting them employed• Using the four C’s• Four key dimensions
  • 22. Financing andGoverning• Business Model• Being involved with bank loans and stockholders• High risk• European Aid Grants• Tax incentives
  • 23. Corporate SocialResponsibility• Getting to know the area• Making the country better• Providing more jobs• Taking a stand for the people• Organizational Culture
  • 24. Questions andComments…
  • 25. References• Economics, T. (n.d.). Retrieved 2013, from www.tradingeconomics.com• Forbes. (n.d.). Retrieved 2013, fromhttp://www.forbes.com/sites/deanpopplewell/2012/12/21/the-currency-outlook-for-2013-mixed-year-for-the-mighty-dollar/• Google. (n.d.). Retrieved 2013, from www.google.com(pops up with search)• oecd.org. (n.d.). Retrieved 2013, fromhttp://www.oecd.org/eco/outlook/greeceeconomicforecastsummary.htm• oecd.org. (n.d.). Retrieved 2013, fromhttp://www.oecd.org/daf/internationalinvestment/FDI in figures.pdf• (n.d.). Retrieved from www.doingbusiness.org.• Greece Economy-Overview. (2012, January 9). Retrieved fromhttp://www.indexmundi.com/greece/economy_overview.html• Peng, M. (2011). Global Business 2nd ed. . Mason, OH: South-Western.• pslweb.org. (n.d.).• Reuters. (2011, December 2011). Take a Look: Greeces Main Political Risks. RetrievedFebruary 27, 2013, from Foxbusiness.com:http://www.foxbusiness.com/markets/2011/12/12/take-look-greeces-main-political-risks/• The Greek Political System Divided in Powers. (n.d.). Retrieved February 27, 2013,from http://www.greeceindex.com/political-system/greek_political_system_powers.html#greek_president• Transparency International-the Global Coalition Against Corruption. (n.d.). RetrievedFebruary 25, 2013, from http://www.transparency.org
  • 26. References• (n.d.). Retrieved from www.doingbusiness.org.• Greece Economy-Overview. (2012, January 9). Retrieved fromhttp://www.indexmundi.com/greece/economy_overview.html• Peng, M. (2011). Global Business 2nd ed. . Mason, OH: South-Western.• pslweb.org. (n.d.).• Reuters. (2011, December 2011). Take a Look: Greeces Main Political Risks.Retrieved February 27, 2013, from Foxbusiness.com:http://www.foxbusiness.com/markets/2011/12/12/take-look-greeces-main-political-risks/• The Greek Political System Divided in Powers. (n.d.). Retrieved February 27,2013, from http://www.greeceindex.com/political-system/greek_political_system_powers.html#greek_president• Transparency International-the Global Coalition Against Corruption. (n.d.).Retrieved February 25, 2013, from http://www.transparency.org• What does Capitalist Economy Mean. (n.d.). Retrieved February 28, 2013,from http://www.audioenglish.net/dictionary/capitalist• www.athensnews.gr. (n.d.).• www.gsdrc.org. (n.d.). Retrieved February 2013• www.isite.lps.org. (n.d.). Retrieved February 2013• www.unconstitution.net. (n.d.). Retrieved February 2013
  • 27. References• Etiquette, G. B. (2013). foreigntranslations.com. Retrieved from Greek Business Etiquette Tips:http://www.foreigntranslations.com/languages/greek-translation/greek-business-etiquette/• kwintessential.com. (n.d.). Retrieved from kwintessential.com• Peng, M. (2011). Global Business 2nd ed. Mason, OH: South-Western.• Scevola, C. (2009, 09 12). Retrieved from hg.org: http://www.hg.org/article.asp?id=7796• Alderman, L. (2012, October 24). Amid Cutbacks, Greek Doctors Offer Message to Poor: You AreNot Alone. Retrieved April 2013, from The New York Times:http://www.nytimes.com/2012/10/25/world/europe/greek-unemployed-cut-off-from-medical-treatment.html?pagewanted=all&_r=0• Crookes, Del. (2012, September 26). Greece in Crisis: How European Debt Problems Affect You.• Retrieved April 2013, from http://www.bbc.co.uk/newsbeat/19727017• Drum, Kevin. (2011, May 13). The Political Problem That is Greece. Retrieved April 2013, from• http://www.motherjones.com/kevin-drum/2011/05/political-problem-greece• Langhans, C. (2009). Doing Business in Greece. Retrieved April 2013, from Communicaid.com.• News, B. (2012, November 27). Eurozone Crisis Explained. Retrieved April 2013, fromhttp://www.bbc.co.uk/news/business-13798000• Peng, M. (2011). Global Business (2nd ed.). Mason, OH: South-Eastern.• Peng, M. (2011). Global Business (2nd ed.). Mason, OH: South-Western.• Schwab, K. (2012). Global Competitiveness Report.• Startup Overseas. (2013). Financing a Business. Retrieved from• http://www.startupoverseas.co.uk/starting-a-business-in-greece/financing-a-business.html• Tsakarestou, B. (2000). Issues and Prospects. Corporate Social Responsibility in Greec, 1-12.• Whitney, W. (2011, October 25). Austerity cuts in Greece cause suffering. Retrieved April 2013, fromPeoples World: http://www.peoplesworld.org/austerity-cuts-in-greece-cause-suffering/

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