Respond to David and Alicia post and share some observations or additional research you found regarding their country choices.
David post
Chosen Country: Greece
Employment Law (Mywage.org, 2019) (globalizationpartner.com)
Minimum wage set as of February 2019
There is no age requirement. Minimum Wage per day is € 29.04
Minimum wages are based / calculated on 40 hours of work per week
Greece has a government-mandated minimum wage and no worker in Greece is allowed to be paid less than this minimum wage
After one year of employment, your employee should get 24 or 20 days, depending on their workweek. (globalizationpartner.com)
Health insurance is another guaranteed benefit in Greece. (globalizationpartner.com)
Sales Tax (Tmf-group, 2021)
VAT (sales tax): 23%
Trade Policies (Export.gov. 2021)
The TARIC (Tarif Intégré de la Communauté), described above, is available to help determine if a license is required for a particular product.
Greece maintains nationality restrictions on a number of professional and business services, including legal advice.
A special tax (percentage on admission tickets) that applied to motion pictures (12% in Athens and Thessaloniki and 8% of the ticket price in other cities) was abolished with the law 4336/2015.
Many products that are freely available and sold “over-the-counter” in the United States, such as protein-based meal replacement products, can only be sold in pharmacies and specialized stores, limiting the ability of U.S. companies to sell their products through direct sales.
Business Observations
Greece GDP per capita is $18,600 (Forbes 2018)
Greece is ranked #42 on Forbes best countries to do business with. (Forbes 2018)
Greece would have ranked 79 out of 190 economies (Doingbusiness2020.com)
Italy is the largest trade exporter to Greece (Tradingeconomics.com 2020)
Greece has 80 airports, 64 which are paved. (nationsencycoledia.com 2012)
Electrical power in Greece is supplied by lignite-fueled power stations. Lignite is a type of coal. (nationsencycoledia.com 2012)
Natural gas is becoming a popular alternative to coal for electricity production. (nationsencycoledia.com 2012)
Communications are also modern. The country’s telephone system is adequate, with networks reaching all areas for main telephone lines and mobile cellular phones.
Alicia post
various measures of government influence on trade and employment:
Employment Law: (My Wage, 2021), (The Currency Shop, 2021)
Minimum Wage (New Zealand dollar) Went into effect April 1, 2021, until March 31, 2022.
Adult: $20.00/ hour. (16 & over)
Starting out: $16.00/hour (19 or younger)
Training: $16.00/hour (20 & over)
$800 weekly pay in New Zealand converts to equal about $565.96 US Dollars.
Labor Laws: (International Labour Organization, 2021),
An employee is allowed 21 days of consecutive paid annual leave, national holidays excluded.
10 paid days of sick leave per year
The Parental Leave and Employment Protection Act 1987 provides minimum entitlements to unpaid parental leave. A total of 52 weeks (extended parental leave) can be taken. Under the act 14 weeks for maternity leave, 2 weeks for paternity leave, 10 days (special leave) to be taken before maternity leave.
Sales Tax: (World Tax Rates, 2021)
The current New Zealand VAT (Value Added Tax) is 13%.
World rank 28th of 34.
Trade Policies: (International Trade Administration, 2021)
Inspection before shipment declaration required
Fruits, plants, and seeds must have appropriate documentation and free of disease. The Ministry of Agriculture may inspect upon arrival.
New Zealand prohibits all goods with false or deceptive trademarks.
New Zealand maintains a strict quarantine timeframe to protect its agricultural and forestry industries.
All goods imported into New Zealand must be classified within the Tariff of New Zealand.
Most tariffs are between 0-10%. Duty rates apply mostly to clothing, footwear, and carpeting.
Alcohol, tobacco, and petroleum products are subject to duties.
Business Observations: (International Trade Administration, 2021)
New Zealand businesses are excited about trying new technologies that improve aspects such as efficiency and lesser costs.
The market is the perfect place for companies to test New-To-Market products.
Imports/exports can experience delays since most travels by sea. This can affect the businesses on both ends.
Many factors go into business relations in New Zealand, due diligence and utilizing resources are a must.
DISCUSSION 2
1. Review your sources and select a source that will support a key point in your paragraph
2. In 1-2 sentences, clearly state what the point is that you are trying to make in this particular section of your project.
3. What information from the source you selected in step 1 supports this point? You may quote or summarize that source below.
4. Explain how the information provided in question three supports your point. How does this information also support the overall argument in your paragraph?
RESPOND TO Trevor and Elizabeth and be constructive and professional with your respond
Trevor post
I feel my strongest HR competency is relationship management. I had had a wonderful opportunity to lead in a couple different organizations at a very young age. One being in the military, which was was more of a jump in and learn as you go experience. Secondly, I worked for UPS as a preload supervisor for a couple of years and built upon the leadership roles and examples I had previously learned. In my experience there, I knew each one of my employees as well as I could. I knew who had families, what was going on, and tried to cater to each of them when possible. I earned a lot of respect this way and with respect I received good, hard work in return.
I honestly believe that improvement is something we all can always do. I would like to build upon my business acumen competency as that is where I feel like I lack the most. Calculating and determining internal and external factors for a business is something I don’t have much experience with at all.
I grew up as a “anti-college” kid and was dead set on the military or a trade. I didn’t return to school until I was 27-28 years old when I figured out I was working way more than I wanted to in order to support my daughter. Its a trade off I don’t wish on any parent. I found a less stressful job, started school, and a couple years later am here hopefully setting myself up to be successful in a educational and financial aspect. Just with the business classes I have taken thus far, I feel like I can improve on the business acumen competency by using tools like the SWOT analysis and applying them to the company I work for or future positions.
Elizabeth post
My strongest competency is that of relationship management. In my current role I maintain professional relationships with individuals from executives to skilled laborers at various companies. These relationships help me to complete daily goals and activities in an environment where I am often a stranger or a very rare face; which is essential to maintaining my productivity during the day. I have had very little opportunity to practice global or cultural diversity in my current position. While I do have an understanding of cultural ethics and diversity, I have no practical application in a professional setting. I do believe that I could improve on this weakness by asking questions and pursuing learning opportunities in my current role. I am often too busy or distracted by other tasks to ask questions and learn more about different cultures in a work-place setting as opposed to doing independent research. This is certainly an area that I think is incredibly important to maintain constant growth and development in. In our diverse society it is imperative that we maintain knowledge about differing cultures and maintain an ethical and diverse approach to personal relations.
