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Investing in a specific region can be especially difficult for any developing organization. It is essential to consider various social and economic factors when preparing for monetary input. Intels decision to provide financial support to CINDE in Costa Rica was proven to be a successful choice. In this work, the benefits of such resolution will be explained, and arguments supporting this statement will be presented.
The Intel international company is widely known for its lucrative business strategies. During the communication with the CINDE organization, based in Costa Rica, Intel had to consider several issues connected to various spheres of development in this region. Some of the problems were related to education and labor, as the country did not possess an efficient mid-level schooling system, thus creating a lack of available professional workers (Nelson, 2021). Additionally, the companys concerns targeted the transportation and electrical systems, as Costa Rica had few daily flights and was not prepared for an increased rate of production.
Despite the difficulties presented, the investment into the country was still a profitable choice. First of all, Costa Rica is a highly stable, democratic state, lacking political and militaristic issues. Most of the governments focus was directed towards the citizens welfare, as well the preservation of surrounding nature. Even though the countrys economy was relatively small, CINDEs autonomy and efficiency were exceptional. Finally, Costa Rican officials were highly enthusiastic about a coalition with Intel and offered the company extra assistance. However, the government did not break any of its laws, which is an excellent marker of the states reliability. All of these features pointed to a possibility of a stable and thriving relationship between Costa Rica and Intel.
Reference
Nelson, R. C. (2000). Intels site selection decision in Latin America.Thunderbird International Business Review, 42(2). 227-249. Web.
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