Mexico is located just to the south of the United States. A very large plateau makes up the center of Mexico. To the East and West, chains of mountains can be found. An estimated 120,286,000 people can be found across roughly 742,000 square miles of land mass. Every person in Mexico could have roughly half a square mile to themselves if it was divided up equally. The countries capital city and largest city is Mexico City. At a glance, it might seem like the place with the highest potential for sales is Mexico City. Spanish is the most commonly spoken language in Mexico, and much of the population is Roman Catholic. The currency we must be familiar with is the Mexican Peso. So, think Pesos and lots of them! All facts and figures from the above
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JHT provides a large array of products for many industries, but I would focus on tourism, durables, and restaurants. The growth rate in Mexico has been increasing for the last 3 years, with the latest being 2.5% for the 2015 year. An important consideration is the amount of people in Mexico in poverty. The CIA’s website cites 52.3% of citizens are living below the poverty line in Mexico. Therefore, spending on complimentary goods will be lower than here in the U.S. As a comparison, the Census.gov website cites that the poverty level in the U.S. was 13.5% in …show more content…
This is basically the same the United States. Like us, they have a president, Enrique Pena Nieto. I would not go as far as to say their government is set up much like ours, though. A webpage from Info Please elaborated on how the Mexican government is notorious for corruption, which is especially due to the drug cartels. So prevalent, in fact, that it is worth mentioning in this context. There are dangers associated with crossing paths with the drug cartels in any way. Overall, and for our purposes, I would say that we do not have to worry about this too much. The way we operate at JHAL, I do not foresee any battles to be likely corrupt officials or cartels. Many U.S. companies operate in Mexico without issue. I do not think that we should have any conflicts with cartels in our industry. It should be noted that if any member of a cartel is encountered, that they are addressed very
JHT provides a large array of products for many industries, but I would focus on tourism, durables, and restaurants. The growth rate in Mexico has been increasing for the last 3 years, with the latest being 2.5% for the 2015 year. An important consideration is the amount of people in Mexico in poverty. The CIA’s website cites 52.3% of citizens are living below the poverty line in Mexico. Therefore, spending on complimentary goods will be lower than here in the U.S. As a comparison, the Census.gov website cites that the poverty level in the U.S. was 13.5% in …show more content…
This is basically the same the United States. Like us, they have a president, Enrique Pena Nieto. I would not go as far as to say their government is set up much like ours, though. A webpage from Info Please elaborated on how the Mexican government is notorious for corruption, which is especially due to the drug cartels. So prevalent, in fact, that it is worth mentioning in this context. There are dangers associated with crossing paths with the drug cartels in any way. Overall, and for our purposes, I would say that we do not have to worry about this too much. The way we operate at JHAL, I do not foresee any battles to be likely corrupt officials or cartels. Many U.S. companies operate in Mexico without issue. I do not think that we should have any conflicts with cartels in our industry. It should be noted that if any member of a cartel is encountered, that they are addressed very