International Management Case

Running head : Cuba stinting revolutionNameUniversityCourseTutorDate IntroductionCuba has faced a hire of sparing ch eachenges under the virtuosoership of Fidel Castro as the head of body debonaire , Castro has made some(prenominal) positive and negative on Cuba s economic system . Being a communist state it has concentrated so much on communism and ignore economic aspectsQ1 . wherefore do you think the Cuban Government requires non-Cuban businesses to hire and lucre workers only finished the political relation ? Do you think it is goodish 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 dodging to put in revenue , it requires non-Cuban investors to hire ,fire and even pay workers only finished the govern ment . Government pays the workers just a fraction of what it take ins from the investors and carry on the remaining centre , for example , Sheriff , a foreign caller-out pays the Cuban government 9 ,500 per twelvemonth , per worker still the government dismisss up paying the workers only 120- 144 per year (Bandelj , 2007 pp260 It is not ethical 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 need of legal system to enforce technical contracts which are very(prenominal) essential in business , last Cuba being a communist state has no rectify for private airplane propeller and this hinders investors from owning property hence it is has to expand the investmentQn 2 . See Cuba forrader Castro dies is the chant of some young travelers reacting to reports that Fidel Castro s health is declin ingIn the event of establish of Fidel Castr! o through death , the transition of a market thriftiness 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 warfare their economy has grown greatly , Cuba has experienced a subdue of challenges that Russia and China experienced such as inflation , mendicancy , diseases and even poor brass instrument . With time , Cuba is liable(predicate) 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 Europe and U .S hence high turnover to cost increase its market economyQn 3 . Besides its trade embargo against Cuba , the coupled States also has enacted a law that permits U .S companies to execute companies from some other nations that traffic in the of U .S firms nationalized by Castro when he took overThe unite States being the world superpower believes that it can knead all the countries in the world , Cuba has been in the forefront in debate 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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