Introduction
Whenever organizing a new company it’s necessary to consider all factors that might influence work of a future company, it’s important to think over every small detail in order for everything to go exactly the way in which it was planned. Our goal is to set up a wholesaling company selling textiles to small Colombian companies. To do that we’ll buy raw materials from Indian company and than distribute it in Colombia. To reach success we’ll have to develop our own strategy of business. The first stage of the future strategy will be of course getting to know about the country and its peculiarities.
Country factors
As it has been mentioned before, first of all it’s necessary to get to know about the country. To begin with we’ll speak about some basic facts of the country. Colombia or the Republic of Columbia is situated in northwestern part of South America, which became independent in 1810. It’s a republic with three separate branches of power. The population of Colombia is 42,954,279 people. Speaking about economy of the country, it’s necessary to say that this country has never been characterized as a country with stable economy. Periods of growth were always replaced by periods of decline. At the moment the economic situation of Colombia is improving due to strict governmental control of state budget and export increase. By the way Colombia was always famous for export of coffee, gold, bananas, coal, and petroleum. In general the economic situation of Colombia started to improve in 1993, because at that time industrial and agricultural sector of economy demonstrated increase in production. In 2001 GDP averaged about $87 billion, while in 2005 it was $303.1 billion. The increase in economy was caused by several reasons, among which are growing prices for coffee and international investments of the USA.
Now let’s say a couple of words about culture of Colombia. The official language of Colombia is Spanish. As for religion the majority of the population of Colombia are Roman Catholic (about 90%), the rest are Protestants (10%). Speaking about education in Colombia, it’s necessary to note that 92.5% of population are literate people. This figure has grown from 88% in 1987. There are several reason of increasing number of literate people, such as urbanization of the country, increasing funding of government and others. Social structure of population is represented by four classes, such as upper class -5%, middle class-20%, lower class-50% and the masses- 25%. This structure was given according to statistics in 1980. In 2001 estimated 59% of the population were below poverty line. Classes in Colombia are determined by life-style, occupation, income and education. And people are very much concerned to what class they belong.
