International Management Case

Running head : Cuba stinting revolutionNameUniversityCourseTutorDate IntroductionCuba has faced a study of scotch ch all in allenges under the virtuosoership of Fidel Castro as the head of body placid , Castro has made both(prenominal) positive and negative on Cuba s legal transfer . Being a communist state it has concentrated so much on communism and ignore economic aspectsQ1 . why do you think the Cuban Government requires non-Cuban businesses to hire and relegate workers only finished the administration ? Do you think it is skilful for non-Cuban companies to enter into billetnerships with the Cuban government ? Why or notAfter realizing economic dec billet the government came up with a schema to put in revenue , it requires non-Cuban investors to hire ,fire and even digest workers only through and through the government . Government pays the workers just a fraction of what it take ins from the investors and carry on the remaining do , for example , Sheriff , a foreign caller-out pays the Cuban government 9 ,500 per twelvemonth , per worker still the government final stages up paying the workers only 120- 144 per year (Bandelj , 2007 pp260 It is not good for non-Cuban to enter into partnership with the government , front of all it is through this partnership that government frustrates workers and this may lead to decline in production of a businesses , a part from that there is drop of legal system to enforce technical contracts which are actually essential in business , last Cuba being a communist state has no rectify for private attribute and this hinders investors from owning property hence it is has to expand the investmentQn 2 . See Cuba earlier Castro dies is the chant of some young travelers reacting to reports that Fidel Castro s health is decliningIn the event of break dance of Fidel Castro through deat! h , the transition of a market economy of Cuba might resemble that of Russia and China .

put into account that both China and Russia were once communist states , aft(prenominal) the second world struggle their economy has grown greatly , Cuba has experienced a add up of challenges that Russia and China experienced such as inflation , impoverishment , diseases and even poor brass instrument . With time , Cuba is presumable to appear on the list of the stature ranking countries in the world with best market economy . By get together States ending its trade stoppage after Castro governance comes to an end , this will make Cuba which is an island be able to trade its plate to Eur ope and U .S hence high turnover to climb its market economyQn 3 . Besides its trade embargo against Cuba , the joined States also has enacted a law that permits U .S companies to execute companies from new(prenominal) nations that traffic in the of U .S firms nationalized by Castro when he took overThe fall in States being the world superpower believes that it can knead all the countries in the world , Cuba has been in the forefront in opposing United States policies , United States has maintained hard line military strength against business with Cuba , embargo is in the United...If you want to get a full essay, order it on our website: OrderEssay.net

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