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As Latin American becomes wired for the Internet, the traditional brick and mortar businesses will come under pressure by online merchants whose access to consumers will leap across international boundaries. While this may help consumers gain access to a greater variety of goods, significant legal and logistic challenges must first be addressed. Improvement in the handling and distribution of freight and packages and a greatly increased use of credit cards are critical to e-commerce taking off in the region. This article examines the growth and pitfalls of e-commerce at a time when Latin America is only now being connected to the worldwide information highway.
The forces of globalization, technology, and information diffusion, as well as the processes of democratic consolidation have served to improve and expand opportunities for business in Latin American markets. These changes have not occurred uniformly, and this insightful book will help future business leaders determine which economies are likely to prosper, and therefore present better business opportunities for the foreseeable future. A chapter dedicated to the history of Latin America helps readers understand why things appear the way they do, giving them the context they need to understand the underlying business conditions. The book also addresses key challenges and issues that are unique to Latin America, and offers practical advice for tackling them. Each chapter features a focus country in order to provide a more in-depth understanding of what business opportunities exist in this region, how businesses operate and thrive there, as well as what internal and external factors affect the ability to do business in Latin America. The cases at the end of each chapter explore actual business ventures in a particular country. A highly practical book, Navigating Commerce in Latin America will give international business people the tools they need to manage successful businesses in this region.
Success in today's globalized business environment requires deep knowledge of varied areas, and the willingness to engage in commerce not just across geographic areas, but cross-culturally and environmentally as well. Doing Business in Latin America offers an in-depth look at a complex region, integrating practitioners’ and scholars’ ideas to examine business conducted in Latin America through the lens of international business and globalization. The book introduces, discusses, and explains in detail the historical, economic, cultural, political, and technological impacts of globalization and business conduct in Latin American countries. It also considers the contemporary business environment of the area, looking at how current country and regional factors have affected the process of starting and operating businesses. Finally, it looks forward to the emerging trends that portend the future of business in these countries. With its combination of contemporary analysis and historical discussion, this book is a vital tool to all scholars and practitioners with an interest in the opportunities offered by the current Latin American business environment.
This book explores the achievements and obstacles confronting China and major Latin American countries in developing small- and medium-sized enterprises (SMEs) in the context of new changes in “The Belt and Road” Initiative. In the first three chapters, the Chinese authors elaborate on the relationship between “The Belt and Road” Initiative and globalization, as well as strategies towards forming an increasingly close bond between China and Latin America. The book ends with chapters dedicated to analyzing the BRI conditions and effects on SMEs of Latin-American countries. These country specific chapters will show the specific opportunities and challenges the countries conditions, be they political, geological, etc. may have on the development of SMEs under the BRI. The book will be useful not only to industry leaders looking to better understand how they can potentially benefit from the BRI but also by the general public, as the book will explain what this new era of globalization, and more specifically the BRI, will mean for the world’s industries and society.
When the first edition of Doing Business with Latin America was published, the region was growing and the possibilities were endless. However, the recent global economic slowdown has hit Latin America, too, and so a second edition was needed in order to help British SMEs understand this new context and maximise their opportunities for success in more challenging times. In this fully revised second edition, Gabriela Castro-Fontoura, a native Latin America with wide experience in the UK, shares in a simple and friendly manner, what every UK SME needs to know about doing business with Latin America: the geography and the people of a fascinating continent; the exciting range of opportunities, as well as honestly exposing the barriers and how to handle them. From business etiquette to import barriers, from currency issues to how to organise a market visit, Gabriela explores the wealth of information that is out there, interviewing key business owners and experts, and translating this into a thoroughly researched yet very user-friendly book, with British efficiency and Latin American charm! The second edition addresses questions such as: How has Latin America changed in the last three years? How do you deal with a less buoyant region? Where are the opportunities now? Why is Latin America still a region worth considering in your export strategy? How do you go about doing business in this region today? A world of possibilities opens up for UK SMEs that know where to look. This book aims to be their first window into Latin America.
Latin America is much more than football and beaches. A continent of 600 million people enjoying a period of strong economic growth is now attracting worldwide attention for its amazing opportunities. But are UK small businesses making the most of these opportunities? If not, what is stopping them? Gabriela Castro-Fontoura, a native Latin America with wide experience in the UK, shares in a simple and friendly manner, what every UK SME needs to know about doing business with Latin America - the geography and the people of a fascinating continent; the exciting range of opportunities, as well as honestly exposing the barriers and how to handle them. From business etiquette to import barriers, from currency issues to multilingual ecommerce, Gabriela explores the wealth of information out there, interviewing key business owners and experts, and translating this into a thoroughly researched yet very user-friendly book, with British efficiency and Latin American charm! A small business owner herself, Gabriela knows how to talk to her audience - and inspire them to a journey full of possibilities.