create a market research report. Research your chosen developing country (New Zealand), compare and contrast the business, political, and cultural climates across developing and developed countries, and assess the potential for new business in your developing country. As you research and compile background information on your company, also research relevant current events, and include this information in your analysis as appropriate. Solution Answer: The major difference between developing and developed countries is: 1. Business: The most of the developed countries are net exporters of goods and services. Their business have flourished in the past and still making the vibes positively in the world business. They have major pacts in trade in their favour as they are dominant players in this business world to influence policies in their favour. 2. Political: Developed countires have a stron gleadership at the top so politically also they are influential as compared to developing nations. 3. Culture: The culture of developed countries is also forward and upward as they have seen economic well being for most of their citizens very musch early as compared to developing nations those are still struggling with their less per capita income..