Greece presentation

502 views
374 views

Published on

Published in: Travel, Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
502
On SlideShare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
5
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Greece presentation

  1. 1. Team 6Billy Hooper | Erin Hillis | Jacinta Mastin | Janie Dowdy | JamesDaniel | Kristin Wilson
  2. 2. Greece’s Flag andMap
  3. 3. Presentation OutlineEconomic ScenarioPolitical and Business LandscapeBusiness EtiquetteEntering Greece
  4. 4. Greece’s CurrentEconomyGDPBalance of TradeCurrency
  5. 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. 6. Trade
  7. 7. Currency• Euro• 1 Euro equals 1.34 DollarsEuro Value Chart
  8. 8. Greece’s PoliticalSystemType of Political SystemRiskCorruptionLegal SystemPolitical and Business Landscape
  9. 9. Type of PoliticalSystem• Three Branches of Power• Two Socialist Parties• Elections• Separate Local Governments
  10. 10. Political Risk• High Unemployment• Bankruptcy• Tax Increases• Spending Cuts• Protests
  11. 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. 12. Political andBusiness Landscape• Starting a Business• Cost of Doing Business• New Democracy• Mass Layoffs and Budget Cuts
  13. 13. Business Etiquette inGreeceBasic Etiquette Norms in GreeceAdjustments to do business in Greece
  14. 14. Business Etiquette Norms• Doing business with people they know.• Using the Greek Language• Seniority• No set agenda
  15. 15. Needed Adjustments• Language• Currency• Customs• Stereotypes• Rules and Regulations• Religion
  16. 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. 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. 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. 19. Mode of Entry• Large Scale in Equity Mode• Advantages• Ownership• Location• Internalization• Joint Venture
  20. 20. Managing CompetitiveDynamics• Healthcare• Workers getting sick• Education• Lack of skill• Strategic Actions
  21. 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. 22. Financing andGoverning• Business Model• Being involved with bank loans and stockholders• High risk• European Aid Grants• Tax incentives
  23. 23. Corporate SocialResponsibility• Getting to know the area• Making the country better• Providing more jobs• Taking a stand for the people• Organizational Culture
  24. 24. Questions andComments…
  25. 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. 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. 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/

×