Business Plan for Mexico
Executive Summary
1. Introduction
COUNTRY OVERVIEW
2.1 Geographic Location
Mexico, a member of NAFTA, is located in North America, which shares the border with Guatemala and Belize. Moreover, Mexico lies on the Tropic of Cancer which is also called Northern Tropic. The capital of Mexico is Mexico City. Mexico has lush land for doing business and has covered an area of 1,972,550 square kilometers with 31 states and 1 federal district. In addition, Mexico is the 5th largest in U.S.A. and rank 14th largest in the world (Central Intelligence Agency, 2010).
(Adapted from worldatlas.com, n.d.)
Official name: EstadosUnidosMexicanos (United Mexican State)
Geographic Coordinate: 19°03'N, 99°22'W
Largest Cities: Mexico City, Guadalajara, Ecatepec, Puebla, Netzahualcoyotl.
Climate: Tropical to dessert
2.2 Population
In July 2009, the Bureau of Western Hemisphere Affairs estimated the population of Mexico is 111,219,789 people, which makes Mexico to be the 11th largest population in the world. First language in Mexico is Spanish yet English is used only in business This nation has 1.13 percent of population growth rate annually., which helps a lot for foreign to do business in Mexico. Since majority of Mexican are people who immigrated to Mexico from South America, Peru, Argentina, Venezuela, Cuba and Brazil, 60 percent population ethnicity is Indian-Spanish, Indian makes up 30 percent, Caucasian is 9 per cent and others are 1 percent (U.S Department of State, 2010).
Below are the charts presenting age group, literacy rate for adults, and life expectancy of Mexican. Most of Mexican population is in age range of 15 to 65, and has increased steadily since 1975 according with the population increasing. Mexican life expectancy is relatively 5 years higher than world average and is also increasing with the trend. Life expectancy for male is approximately 70 years old and female are a little higher which is 76 years old (World Resources Institute
1. Introduction
COUNTRY OVERVIEW
2.1 Geographic Location
Mexico, a member of NAFTA, is located in North America, which shares the border with Guatemala and Belize. Moreover, Mexico lies on the Tropic of Cancer which is also called Northern Tropic. The capital of Mexico is Mexico City. Mexico has lush land for doing business and has covered an area of 1,972,550 square kilometers with 31 states and 1 federal district. In addition, Mexico is the 5th largest in U.S.A. and rank 14th largest in the world (Central Intelligence Agency, 2010).
(Adapted from worldatlas.com, n.d.)
Official name: EstadosUnidosMexicanos (United Mexican State)
Geographic Coordinate: 19°03'N, 99°22'W
Largest Cities: Mexico City, Guadalajara, Ecatepec, Puebla, Netzahualcoyotl.
Climate: Tropical to dessert
2.2 Population
In July 2009, the Bureau of Western Hemisphere Affairs estimated the population of Mexico is 111,219,789 people, which makes Mexico to be the 11th largest population in the world. First language in Mexico is Spanish yet English is used only in business This nation has 1.13 percent of population growth rate annually., which helps a lot for foreign to do business in Mexico. Since majority of Mexican are people who immigrated to Mexico from South America, Peru, Argentina, Venezuela, Cuba and Brazil, 60 percent population ethnicity is Indian-Spanish, Indian makes up 30 percent, Caucasian is 9 per cent and others are 1 percent (U.S Department of State, 2010).
Below are the charts presenting age group, literacy rate for adults, and life expectancy of Mexican. Most of Mexican population is in age range of 15 to 65, and has increased steadily since 1975 according with the population increasing. Mexican life expectancy is relatively 5 years higher than world average and is also increasing with the trend. Life expectancy for male is approximately 70 years old and female are a little higher which is 76 years old (World Resources Institute