France: The Feasibility of Establishing a Business   Term Paper ID:27727 Click to get this paper

Essay Subject: Analysis of the feasibility of establishing a high-tech business in France. Provides overview of economic, governmental, & social conditions, & other demographic information.... More...

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Paper Abstract: Analysis of the feasibility of establishing a high-tech business in France. Provides overview of economic, governmental, & social conditions, & other demographic information. Paper Introduction: TABLE OF CONTENTS Introduction 1 Size of Market 2 Sociocultural Acceptance of Market 3 Legal-Bureaucratic Environment 4 Competition 6 Economic and Political Climate for Foreign Business 7 Methods for Marketing and Distribution 10 Managerial and Labor Climate 11 Financial Viability 12 Recommendations 13 Annual Flows of Direct Foreign Investment Into France 14 France: Important Facts 15 Bibliography 16 Introduction The intention in this paper is to explore the feasibility of establishing a hightech business in France by looking at some of the most important factors involved in business success in another country. A company, such as one that deals primarily in information technology and other related products, would be the best choice for entry into France. It would probably be beneficial if the company has a well-known presence on the international Text of the Paper: The entire text of the paper is shown below. However, the text is somewhat scrambled. We want to give you as much information as we possibly can about our papers and essays, but we cannot give them away for free. In the text below you will find that while disordered, many of the phrases are essentially intact. From this text you will be able to get a solid sense of the writing style, the concepts addressed, and the sources used in the research paper. Labor Climate Financial Viability Recommendations Annual Flows of the mostimportant factors involved in business success in another company has a well-known presence onthe international scene take some time France is a moderately-sized European high Alpine mountains and valleys with Spain Winchester A brief overview of the French It has both coastlineand interior and a large banking It uses centralplanning and provides large-scale social to increase by percent during and the inflation rate is is certainly quite stable infrastructure is already higher The GNP for France was at billion in Business Size of Market Although the final size with the population as of it indicates that themarketer would be able to reach a the average French citizen was City which is certainly one of the highest an influx of immigrants this isstill not a large socioeconomic scale Nonetheless much of the population is market is well-served by businesses locally industry France Sociocultural Acceptance of Market The sociocultural acceptance of a promising sign onpriorities Hoover's This pride also translates into a certain amount an accurate one Thus it seems imperative that those who citizens have relatively highpurchasing power in comparison to conflict with religion inregard to this thereare no conflicts between that religion and the labor laws environmental laws requirements of corporate tax rate is at Thus taxation is favorable There are a few problems involved in conducting business in kinds of marketing efforts France France does provide for protection toobtain patent protection for its efforts In general export and origin In terms of tariffs rates of between percent The import duties arecalculated on an the ValueAdded Tax which is that of technical standards Goods sold in France French business favors French citizens As noted earlier the for high-tech industries Research and high-tech are important funding providedfor telecommunications computing and particularly those from other countries who do not benefit be successful According to the industrial and consumer goods and are becoming increasingly local to the French population As noted that itwas still possible for U S businesses to It also noted that demand In addition there have been slow economic and politicalmovement in and away fromgovernment subsidies for important This move was designed to bring the government short-termfinancial gains which is in computers and Thomson to Bell Telephone in the U S However ofbeing able to take greater advantage of new stores By voice telephony is to that a numberof science parks of companies from many different approximately These are only foreign companies however Most of andtechnicians occupied at the science park Ridding While this certainly essentiallydesigned to make technology transfer easy the government and linked to each other through majornetworks environment of the technopoles In looking France is ademocracy although of a different notthe same agreement between the and Distribution This is a available at all levels of the businessperson in the U S are available important that thebusinessperson conduct sufficient research to however Ingeneral though a distribution system must be appropriate choice for wide-scale marketing The French government apparently approves Labor Climate The managerial and labor climate built in to the system Forexample labor unions are sectors of the population Labor is an integral opposition from the unions and from in the U S There are importantvoice in decision-making For example in companies larger than it disagreeswith France In reality however has two major institutional roles in Frenchgovernment and society NLRB in the U S have equal in France Clearly a high-tech So to someextent financial viability is not really predictable If the business involves importingmanufactured items from the U S factors that must be considered information available regarding the Frenchmarket for high-tech government support Thus thefollowing recommendations seem important in partnership with a compatible French firmthat already Considerationof whether this should be a regional or national Flows of Direct Foreign Investment Into New York City's Corporate Tax Rate Number of Telephones Principle Exchange Bourse de Paris Source Hoover's Handbook of D C Strategic vision needs to be restored Financial Hurtado R In search of global diversity Special Section France p III Competition Economic and Political Climate for Foreign Business is to explore the feasibility ofestablishing best choice for entry into France be discussed France is a physicalregions including the lowland basins the Hercynian Alpsare situated in southeast France and the Pyrenees services and research It has a free marketeconomy although government subsidizes many industries be improving although there is still a high unemployment rates Western European nations Hurtado The growth rate is not very some of the developing countries wererelatively balanced with a trade balance of Both many factors including population size population density urbanization anddistribution Paris and general urbanization is at withpopulation density of also an important measure of buying a rate at of the cost country in which most of the contemporary times and the immigrantpopulation and discount suppliers andthat distribution is example software designed specificallyfor French needs terms of GNP education represents which is of France and there is not speak French This at least is Frenchhistory and culture The material culture is congruent with important to French business itself and increasinglyimportant to population Nonetheless for the most part are a number of factors to explore of the most important areas for the business the European community because of enact in the country In addition there areimportant restrictions on citizens Thus a company thatconducted research and development efforts asthe commercial invoice the bill over non-EU countries Duties are the only cost to the U S business bringing manufacturedgoods the price of all goods and meet testing andapproval standards in France high-tech firms However there are someprivatization efforts underway which would the U S While much of this research modern technologically Buchan C There is a very both quality of product and marketing efforts market is acentral one and market not simply competing with local French businesses but with an to have achance of success tooffer The ITA advised businesses to look for niches and Political Climate for Foreign Business Since the recession toreduce the budget deficit and of major companiesover a period of time with industry banking insurance andelectronics The two high-tech companies that the capital Ridding The telecommunications industry itself since the deregulation efforts which were demanded by theEuropean U S Sprint gained a customer networkfrom de still operatethrough France Telecom One in the high-technology fields For example in and from Italy among others The total is a total of more than companies involved in this it also provides for easycross-fertilization and supportive While this is particularly place for them and that S The U S and France are allies who worktogether any protectionist trade measures While trade barriers arebeing gradually lowered and other trading partners and that may itself isextremely literate with a literacy rate magazines and books All the bothdistribution and marketing coverage somewhat easier for prefer purchasingthrough an intermediary with end-user sales a less common Trade Agency France recommended thejoint venture with a be quite a beneficial arrangement as long asmanufacturing decisions can a relatively conservative governmental structure it alsohas actions that do not meet businesspeople Discussions of privatization of Renault industries for power in somefields At the same time such disproportionate influence however is that French law providesimportant major corporate decisions must be considered by thisCommittee although Committee as awhole would be quite high in whichare mandatory in medium and large companies In addition resolve labordisputes France Financial Viability It is difficult to the business in marketing its products and thequality of there are certainly major costs to the original cost If the business along with qualitycustomer service and follow-up then the market such equipment but that there intention of locating some niche that is not currently that could make aU S competition and slowlybuilding business based on Square Miles Population Density Square Mile Purchasing Power as Index Scale Life Expectancy Female Male Infant Mortality I Buchan D B Goliath gives way Financial Times July Guides Hoover's Handbook of World D Ridding J Not everyone TABLE OF CONTENTSIntroduction Size of Direct Foreign Investment Into France country Acompany such as one that deals primarily in information and is financially large and stable as country located in a centralposition of the Alps and Pyrenees Thelowland basins economy is promising France is thefourth largest industrial nation with tourist industry that draws from all over theworld support services Hoover'sHandbook of World Business In anticipated to be less than percent This is built anddemocratic institutions are functional Thus although the with GNP per capitain U of the market depends upon the was million Thatpopulation was spread out throughout substantial percentage of the populationthrough targeting campaigns at of theaverage U S citizen in the U S Hoover's Handbook ofWorld Business percentage of the population On receptive to high-end high-techequipment with demand particularly high regionally andglobally there is still a strong market the business should be quite high inmost respects Again this Handbook of World Business One problem might be ofsnobbishness regarding other countries and a certain unwillingness found and operate the business much of the world and they are business France is an overwhelmingly Catholic country although with pockets development and sale of hightechnology foreign ownership import-export regulations banking laws permitting In addition there is easy thecountry For example there are of intellectual property rights forU S nationals on import limitations are few and and import taxes these are uniformly appliedthroughout the European ad valorem basis or a percentage of charged at the standard rate of percent in mostinstances must conform to French and government does directly subsidize some aspects of the economy unlike in mostdeveloping countries Research electronics In addition privateindustry devotes considerable funding to electronic from favorablegovernment policies or subsidization So competition U S International Trade Administration France competition there is a particular emphasis onbuying within the European Union a consequence pricing and deliverymechanisms need to be succeed in France if they wereparticularly innovative and if in wouldcontinue to be strong for telecommunications equipment computer hardware a conservative direction although nothing resembling what hasoccurred firms including at least two high-techcompanies while also moving it out of the business which isan electronics corporation In both instances FranceTelecom has been forced into the technology than other smaller companies but it continues to face be totally opened to new competition Buchan and research centers have been created countries There are companiesfrom Germany from Spain the companies at this business park which is provides a great deal of concentrated competitionfor and to help companies to thriveand prosper in an the fact that there are foreign at the political climate for form than the U S The only politicalissues that could U S and France Conservative politiciansare under some pressure very sophisticated population with modern technologyavailable thecountry There is a complete road system airports in France The countryitself is smaller in size than the discover the most appropriatemethod for his or her set up that involves eithera distributor agent of this kind ofarrangement and encourages it by is somewhat mixed While France isfundamentally a conservative country bolstered quite strong in some sectors of the part of the systemof the country which is the generalpublic through demonstrations that that privatization effort has beendelayed smaller numbers of people involved and asmaller percentage of the people a joint management-employee Enterprise Committee must be formed the cost to the company ofdisregarding According to French labor law union members numbers of union andmanagement representatives These telecommunicationsbusiness would find a market since it isdependent on how well each of the elements for sale in France then there are dutiesto be considered Assuming however that research on market niche telecommunications equipment it seems apparent thatthis is order to raise the potentialfor success Detailed research on might benefit from an influx of U S technology campaign The possibility of phasing-in the business gradually startingsmall in France FFrbns Source Financial Times July Per Inhabitants Literacy Rate Education as of GNP Defense World Business BibliographyBuchan D A revolution in a state of Times July Special Section France p VI France France may offer new promise The Methods for Marketing and Distribution Managerial and a high-tech business in France by looking at some of Itwould probably be beneficial if the difficult market to enterand ultimately success may uplands and plateaus and the form the souther borderof France some naturalresources including iron ore coal and bauxite and also hasextensive ownership in much of transportation and of approximately percent However capital investment was expected high at about percent per year but thecountry therisk is much lower and the potential for success much imports andexports were over million Hoover's Handbook of World of population and market segments To start people per square mile This power In the purchasing power of of living index of New York population is educated andmonocultural Although there has been tends to be at the low end of the in-place and well-utilized by citizens Although theFrench would find a place in the computer greater than the percentage for defense a great deal of pride in French languageand culture thepopular belief about French culture and it seems to be a high-tech business sellingtelecommunications equipment French consumers Finally in looking at religion there is no it is traditionally Catholic and in thinking about the legaland bureaucratic environment including person the taxation rate seems quite feasible The continuing relaxationof trade barriers and other regulations the TV broadcast of non-European programs whichcould impact certain in France would be able of landing and a certificate of moderate with manufacturedgoods taxed at into the country There is also an internal tax called services soldin France itself One potentially problematic area is itself before it can be sold France Competition In general impact competition There is also serious competition in France funding goesto the defense industry there is also considerable public little in the way of a niche for competitors would needto be exceptional in order to share is highly coveted There is heavy competitionin entire community of businesses that Nonetheless the U S International Trade Administration in French societythat are currently unfilled of the French economy has been slowlyrecovering stimulate employment Buchan There have also been moves toward privatization those bought out by French and internationalinvestors the government seeks toprivatize include Groupe Bull has long been dominated by onelarge corporation similar trade community It however has still been in the situation Wavrin and by itself gained a supermarket chain of interesting aspect of French technological life is one important science park Sophis Antipolis there are atotal number of jobs involvedhere is effort with more than engineers strong support networks They were advantageous to French businesses which aresupported by they too can takeadvantage of the on a number of different fronts In addition in the European economic community there is be an ongoing issue France Methods for Marketing of approximately In addition modern infrastructure is elements of marketing and distribution systems that are availableto any nationalcampaigns Because there are so many choices it is practice Thismay vary with more sophisticated high-technology items French firm as a sound and be made independently Managerial and some relatively radical elements that are with the approval of the liberal andradical example have drawn such intense the rate of unionization in France is only abouthalf that protection for union workers and guarantees them an it has no veto power over actions that protest and negative public reaction In addition labor labor tribunals which are similar to the determine whether or not such a business would befinancially viable those products along with some chance elements consider depending on theway that the business is operated involves manufacturing goods within France itself thereare other business should be financiallyviable Recommendations In looking at all the isalso considerable competition often with filled oris filled inadequately Consideration of a firm competitive with one centered in France quality of product and service Annual of US's Cost of Living as of per Live Births Principle Airline Air France Special Section France p V Buchan Business France NY Hoover's Business Publications can be a star Financial Times July Market Sociocultural Acceptance of Market Legal-Bureaucratic Environment France Important Facts Bibliography Introduction The intention in this paper technology andother related products would be the well Insome respects as will within the European Union It comprises three major include most of northern and Western France while the a diverse economy that includesagriculture industry It has a democratic government with elements of general the economic situation in France seems to the lowest among all the potential forgrowth is clearly not as large as in S dollars of approximately Exports and imports productactually offered for sale the market potential depends on the country with several major urbanareas The capital city is to urban areas Income per capita is On the other hand cost of living was extremelyhigh with In socioeconomic terms France is a highly developed modernindustrialized the other hand thereis considerable racism in France in in the cities Distributionsystems involve use of both specialty stores for U S products with nichemarkets the most available For is a well-educated population with literacyrates at approximately In the language issue French is the officiallanguage to beflexible with those who do areFrench speakers and at least conversant with important elements of in themiddle of Western European civilization and trade Telecommunicationsequipment is of Protestantism and an immigrant Islamic telecommunications products Legal-Bureaucratic Environment There etc In looking at one flow throughoutthe country and in restrictions on the legal services thatnon-French lawyers can the same basis as its own documentation ismoderate rather than excessive These documents include such things Union in order to preserve its competitiveadvantage the value of theimported goods This is not This tax is added to EU standards In addition technologically sophisticated equipment may need to heavy industries as well asimportant research and and development efforts in France aresecond only to those in and telecommunicationsefforts making those industries among the most is quite high inthis industry and is remarkably intense in France The economic community In other words theU S businessperson is well-thought-out for the new business they had outstanding quality and service software and related technology Economic in the U S Nonetheless there have been continuing efforts The government planned to divest itself of privatebusinesses such as the automobile the government currentlyowns approximately of position of competing with other smallercompanies competition from these new groups Forexample Euroteleport working with B However clearly major telecommunications efforts in the country tocentralize research and development efforts from North America from Asia Japan andKorea called a technopole are French Thus there any company involved with high technology environment particularly designed to be companies in the science parksindicates that there is a foreign business it seemsquite positive for the U impact the conduct of business are those involving theadoption of to adopt such protective measures in regard to theU S to it and a wide selection of media The population ports truckingindustry television radio telephones newspapers U S which should make product In general French buyers or salaried representative France The U S International offering a number of incentives The ITAnoted that this can by long-term institutions the church and economy andpolitical and labor demonstrations frequently arise in response togovernment neglected at the peril of politicians or and may not even occur Thus unions wield great entire working population The reason that theywield to which union representativesare elected All strong disagreement by the unions and by the holdthe majority of slots on Occupational Health and Safety Committees are designed to mediate and in France Financial viability depends however on the success of of the business plan are carriedout However and transportation costs to add on to and location pricing distribution and marketing are all well-done a good country in which to the telecommunications market in Francewith the or funds Development of an exceptional marketing plan one region of France and avoiding serious France Important Facts Urbanization Area as of GDP UN Human Development Index Human Freedom slow motion Financial Times July Special Section France p International Trade Administration Country Commercial New York Times June p Labor Climate Financial Viability Recommendations Annual Flows of the mostimportant factors involved in business success in another company has a well-known presence onthe international scene take some time France is a moderately-sized European high Alpine mountains and valleys with Spain Winchester A brief overview of the French It has both coastlineand interior and a large banking It uses centralplanning and provides large-scale social to increase by percent during and the inflation rate is is certainly quite stable infrastructure is already higher The GNP for France was at billion in Business Size of Market Although the final size with the population as of it indicates that themarketer would be able to reach a the average French citizen was City which is certainly one of the highest an influx of immigrants this isstill not a large socioeconomic scale Nonetheless much of the population is market is well-served by businesses locally industry France Sociocultural Acceptance of Market The sociocultural acceptance of a promising sign onpriorities Hoover's This pride also translates into a certain amount an accurate one Thus it seems imperative that those who citizens have relatively highpurchasing power in comparison to conflict with religion inregard to this thereare no conflicts between that religion and the labor laws environmental laws requirements of corporate tax rate is at Thus taxation is favorable There are a few problems involved in conducting business in kinds of marketing efforts France France does provide for protection toobtain patent protection for its efforts In general export and origin In terms of tariffs rates of between percent The import duties arecalculated on an the ValueAdded Tax which is that of technical standards Goods sold in France French business favors French citizens As noted earlier the for high-tech industries Research and high-tech are important funding providedfor telecommunications computing and particularly those from other countries who do not benefit be successful According to the industrial and consumer goods and are becoming increasingly local to the French population As noted that itwas still possible for U S businesses to It also noted that demand In addition there have been slow economic and politicalmovement in and away fromgovernment subsidies for important This move was designed to bring the government short-termfinancial gains which is in computers and Thomson to Bell Telephone in the U S However ofbeing able to take greater advantage of new stores By voice telephony is to that a numberof science parks of companies from many different approximately These are only foreign companies however Most of andtechnicians occupied at the science park Ridding While this certainly essentiallydesigned to make technology transfer easy the government and linked to each other through majornetworks environment of the technopoles In looking France is ademocracy although of a different notthe same agreement between the and Distribution This is a available at all levels of the businessperson in the U S are available important that thebusinessperson conduct sufficient research to however Ingeneral though a distribution system must be appropriate choice for wide-scale marketing The French government apparently approves Labor Climate The managerial and labor climate built in to the system Forexample labor unions are sectors of the population Labor is an integral opposition from the unions and from in the U S There are importantvoice in decision-making For example in companies larger than it disagreeswith France In reality however has two major institutional roles in Frenchgovernment and society NLRB in the U S have equal in France Clearly a high-tech So to someextent financial viability is not really predictable If the business involves importingmanufactured items from the U S factors that must be considered information available regarding the Frenchmarket for high-tech government support Thus thefollowing recommendations seem important in partnership with a compatible French firmthat already Considerationof whether this should be a regional or national Flows of Direct Foreign Investment Into New York City's Corporate Tax Rate Number of Telephones Principle Exchange Bourse de Paris Source Hoover's Handbook of D C Strategic vision needs to be restored Financial Hurtado R In search of global diversity Special Section France p III Competition Economic and Political Climate for Foreign Business is to explore the feasibility ofestablishing best choice for entry into France be discussed France is a physicalregions including the lowland basins the Hercynian Alpsare situated in southeast France and the Pyrenees services and research It has a free marketeconomy although government subsidizes many industries be improving although there is still a high unemployment rates Western European nations Hurtado The growth rate is not very some of the developing countries wererelatively balanced with a trade balance of Both many factors including population size population density urbanization anddistribution Paris and general urbanization is at withpopulation density of also an important measure of buying a rate at of the cost country in which most of the contemporary times and the immigrantpopulation and discount suppliers andthat distribution is example software designed specificallyfor French needs terms of GNP education represents which is of France and there is not speak French This at least is Frenchhistory and culture The material culture is congruent with important to French business itself and increasinglyimportant to population Nonetheless for the most part are a number of factors to explore of the most important areas for the business the European community because of enact in the country In addition there areimportant restrictions on citizens Thus a company thatconducted research and development efforts asthe commercial invoice the bill over non-EU countries Duties are the only cost to the U S business bringing manufacturedgoods the price of all goods and meet testing andapproval standards in France high-tech firms However there are someprivatization efforts underway which would the U S While much of this research modern technologically Buchan C There is a very both quality of product and marketing efforts market is acentral one and market not simply competing with local French businesses but with an to have achance of success tooffer The ITA advised businesses to look for niches and Political Climate for Foreign Business Since the recession toreduce the budget deficit and of major companiesover a period of time with industry banking insurance andelectronics The two high-tech companies that the capital Ridding The telecommunications industry itself since the deregulation efforts which were demanded by theEuropean U S Sprint gained a customer networkfrom de still operatethrough France Telecom One in the high-technology fields For example in and from Italy among others The total is a total of more than companies involved in this it also provides for easycross-fertilization and supportive While this is particularly place for them and that S The U S and France are allies who worktogether any protectionist trade measures While trade barriers arebeing gradually lowered and other trading partners and that may itself isextremely literate with a literacy rate magazines and books All the bothdistribution and marketing coverage somewhat easier for prefer purchasingthrough an intermediary with end-user sales a less common Trade Agency France recommended thejoint venture with a be quite a beneficial arrangement as long asmanufacturing decisions can a relatively conservative governmental structure it alsohas actions that do not meet businesspeople Discussions of privatization of Renault industries for power in somefields At the same time such disproportionate influence however is that French law providesimportant major corporate decisions must be considered by thisCommittee although Committee as awhole would be quite high in whichare mandatory in medium and large companies In addition resolve labordisputes France Financial Viability It is difficult to the business in marketing its products and thequality of there are certainly major costs to the original cost If the business along with qualitycustomer service and follow-up then the market such equipment but that there intention of locating some niche that is not currently that could make aU S competition and slowlybuilding business based on Square Miles Population Density Square Mile Purchasing Power as Index Scale Life Expectancy Female Male Infant Mortality I Buchan D B Goliath gives way Financial Times July Guides Hoover's Handbook of World D Ridding J Not everyone If this paper is not what you are looking for, you can search again: Search for: or Click here to request an essay written just for you.

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