Module 2 • Management 3.3.6 International environment


South Africa is said to be at least six months behind developed countries in the case of clothing fashion, and up to a few years behind in respect of certain technological developments. This is why it is important to monitor the international environment. New trends or fashions can be detected early and give a business time to adapt. Fashion retailers in this country are frequent visitors to overseas fashion shows to acquire the newest designs and determine fabric colours and qualities. The government also tries to create favourable international business conditions for local businesses. This normally happens when senior politicians travel overseas and treaties are signed.


Activity 12


President Zuma’s visits 1. Can you explain why the government and, as in the example below, President Zuma discusses business opportunities with other countries.


2. Give three examples of how the government and per implication the country benefit from such initiatives.


President Zuma concludes two day state visit to Brazil


Brasilia: President Zuma arrived back in South Africa today, having concluded his two-day state visit to Brazil where he attended a Business Forum in Sao Paulo and met with Brazilian President Lula Da Silva in Brasilia.


President Jacob Zuma met with Sao Paulo Governor, Jose Serra. He addressed a Business Forum organised to facilitate interaction between South African and Brazilian business. The forum was attended by a 50 strong delegation of business representatives from South Africa.


President Zuma used the occasion of the Business Forum to reiterate the need to concretise business ventures between the two countries. The meeting also received a report back by Business Unity South Africa on progress made since the establishment of the Joint Bi- national Commission.


The Presidents witnessed the signing of a Memorandum of Understanding (MoU) between the Brazilian Ministry of Development, Industry and Foreign Trade and the South African Department of Trade and Industry for the promotion of trade and investment.


The MoU will see the development of an implementation plan that will focus on how trade and investment initiatives will structure to benefit both countries.


Issued by: The Presidency


E-Link Ebola


http://now.co.za/post/ebola-causing-travel-panic/ Conclusion


Managing a business is no small task. It requires both skill and determination to be successful. Monitoring the different environments forms a major part of your responsibility as a manager. If you fail to do this, it will impede your leadership capabilities and could result in the failure of your business.


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