Mexico Business :: essays research papers

For simplicity, we have crushed down the country of Mexico into five major expanses Northwest (Sonora, Chihuahua, Durango, Baja California Sur), northeast (Coahuila, Zacatecas, Nuevo Leon, San Luis Potosi, Tamaulipas), West Coast (Sinaloa, Jalisco, Nayarit, Guerrerro, Oaxaca, Colima, Michoacan), Central (Morelos, Aguascalientes, Michoacan, Guanajuata, Hidalgo, Estado de Mexico, Puebla, Queretaro, Tlaxcala, The Federal District), and South (Chiapas, Vera Cruz, Tabasco, Campeche, Quintana Roo, Yucatan). Each region is diverse in diligence some are more hard problematic in agriculture while others are most involved in high-tech manufacturing. Generally speaking the most important economic activities of all the regions include tourism, fishing, mining, agriculture/livestock, petroleum distilleries, and low/high-tech manufacturing (many maquiladoras endure along the California border). Central Mexico is the most industrialized region and accounts for just about 60% of the count rys GNP. It is in this region that large multi-nationals such(prenominal) as Ford Motor Company, Nissan, and Texas Instruments, have chosen to establish major production plants. The implication of a country diverse in pains and culture is that there is a need for a workforce as diverse and skilled as each regions carnal knowledge industries. This is one of the most challenging issues that confronts the Mexican HR manager today, peculiarly in the turbulence of a new political party and world(prenominal) deregulation. As the rampant modernization continues to spread and business mothers more privatized by means of new political agendas, major industries such as telecommunications, energy, and manufacturing, will become a major focus of Mexican business. Although still resembling an oligopoly ruled by major players such as Telemex and Iusacell, the market scope of the Mexican telecommunications industry is expanding rapidly with the advent of cellular, satellite, and broadband, t echnologies. This emerging technology is the portal through which controversy is entering. Globalstar de Mexico (a joint venture between Prinicipia of Mexico, S. de R.L., Loral Space & Communications, and Vodafone Airtouch) has already launched an affordable worldwide satellite telephone function that can provide fixed service to remote locations without a fiber or cable network (1). In cellular, American Tower has entered into an agreement with Nuevo Grupo Lusacell to build 200 build-to-suit towers, and assume cd existing towers (2). In the related networking sector, Nortel has been awarded a contract from Telefonica Data to weapon a nationwide ATM network in Mexico that will strait customers basic connectivity, internet access, and hosting services (3). The major players are responding aggressively and pickings actions such as those of Carlos Slim Helu (chairman of Telmex) who announced the planned investment of $4.