International Business Strategic Management
The Danish political system focuses on increasing international security and stability, which will be essential in handling the demands and expectations of international investors. Denmark has a population of 5.6 million with a GDP of $211.9 billion per annum. In addition, the region has approximately $37,900 in income per capita with an inflation rate of 0.8 percent. Similarly, the nation has an unemployment rate of 7.1 percent and the FDI inflow of $2.1 billion (Denmark, 2015). Denmark is one of the global nations with low-context culture, which is essential in the determination of consumer behavior. For instance, in Denmark, rules are important while knowledge is publicly accessible. In addition, the message is delivered best verbally in comparison to non-verbal attribute. Technology continues to shape operations and transactions by business entities. In the banking industry in Denmark, technology plays a critical role in the automation of the operations. For instance, the banking industry provides online and mobile banking and the private investment in accordance with the needs of the target audiences. Denmark focuses on the promotion of environmental protection mechanisms and strategies in the midst of global warming or climate change. This makes it essential for the internal and international investors to focus on the adoption of environmental CSR programs and strategies for the protection and conservation of the environment. Denmark legal system focuses on the illustration of critical regulations and rules for the opening of retail banking. It is the obligation of the internal and international investors to adopt and comply with such regulations. Prior to 2015, South Africa had one of the most stable political systems in the world. In addition, the political policies and regulations provide the perfect platform for the growth and development of the nations under the influence of internal and international investment.