Question: In 2 to 3 paragraphs please explain how this is useful for a manager to know before conducting business in Argentina. Technological In the technology
In 2 to 3 paragraphs please explain how this is useful for a manager to know before conducting business in Argentina.
Technological In the technology field, Argentina has made significant growth in this field and is competing with the most technologically advanced countries in the world. It has exceptionally done well in the technological fields of IT and telecom industries. This is mainly due to the Argentinian government investing in the rural areas. It has some of the top technological abilities globally, including computer networking, operating systems, human-computer interface, databases, security engineering, and software engineering. Its institutions are heavily invested in the development of technology capabilities, the government provides excellent assistance. It is, in reality, a new central worldwide software development outsourcing hub. Argentina is now the third largest e-commerce market in Latin America mainly because online shopping is increasing rapidly. This is mainly due to social networking sites driving people to online shopping. Many individuals prefer to purchase on their phones, and this trend is expected to increase in the coming years. Purchases made on mobile devices were valued at $5 billion in 2020 and are expected to reach $13 billion by 2024. (Pasquali, 2021). However, one of the country's issues is keeping its tech graduates in the country, as many seek better professional opportunities elsewhere, mainly in other countries, as Argentina's net migration rate is -0.08 per 1,000 people
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
