esign Solutions Inc.
Exploring Global Opportunity Project
BERGEN COMMUNITY COLLEGE
Exploring Global Opportunity Project
After we explored the possible opportunities to open a business in other country; we decided to establish our company "Design Solutions Inc." in Monterrey, Mexico. Our goal is to open a maquila to manufacturing clothes, as we are going to explain in more details. Manufacture clothes in Mexico is very convenient for companies in the Unites States and for companies in the countries who are in the agreements of the free trade with Mexico. There are many advantages for us creating this type of business in Mexico for two main reasons, first, the low cost of the Mexican Labor and, second, no value-added taxes on products shipped to the U.S. For this reasons, Mexico is the best country to start our international adventure in business.
1. Mexico General Information
Official Name: United Mexican States
1.1 GEOGRAPHY
Area: 1,972,500 sq. km. (761,600 sq. mi.); about three times the size of Texas.
Cities: Capital--Mexico City (15 million, 1990 census). Other cities--Guadalajara, Monterrey, Puebla, etc.
Terrain: Coastal lowlands, central high plateaus, and mountains up to 5,400 m. (18,000 ft.).
Climate: Tropical to desert.
1.2 GOVERMENT
Type: Federal republic.
Independence: First proclaimed September 16, 1810; republic established 1824.
Constitution: February 5, 1917.
Branches: Executive--president (chief of state and head of government). Legislative--bicameral. Judicial--Supreme Court, local and federal systems.
Political parties: Institutional Revolutionary Party (PRI ...