Use the case study above on BITC to answer the questions below. The student may use other resources to supplement their answers. a. Using detailed examples, argue four (4) points that form the basis of BITC's / Botswana market development strategy. (8 marks) b. Of the four (4) values of appraise two and validate their relevance to Botswana Investment and Trade Centre mandate. (4 marks) c. The evolution of strategic planning places diversification and competitive advantage in different eras though in a modern firm they may be used in a single strategy document. Distinguish and evaluate the two (2) strategies. (8 marks) Botswana Investment and Trade Centre Case study The organization plays a critical role in driving Botswana's economic growth through the attraction of foreign direct investment (FDI), domestic investment, and facilitation of expansions and further spearheads the growth of exports by promoting locally manufactured goods to regional the Nation Brand. and international markets. It also manages In our effort to become a leading high-performance Investment Promotion Agency, our focus on investment promotion is leveraged on: • Research • To identify and profile growth sectors To create strategic go-to market value propositions that will attract investors to the country BITC has put in place an application process that offers a wide range of financial and non-financial incentives to you, the investor, in the form of exemptions and concessions. These exemptions and concessions are issued to companies investing in priority sectors or products as stipulated in the Botswana Excellence Strategy, National Export Strategy, and the Economic Diversification Drive (EDD). Vision BITC will be the apex Investment and Trade Promotion Agency (ITPA) driving the transformation of Botswana into a globally recognised trade and investment destination. Mission We innovatively attract investment and facilitate export to stimulate economic diversification and job creation in the country by promoting Botswana as a place to visit, live and invest. Adapted from Botswana Investment and Trade Centre website (www.bitc.co.bw)

Use the case study above on BITC to answer the questions below. The student may use other resources to supplement their answers. a. Using detailed examples, argue four (4) points that form the basis of BITC's / Botswana market development strategy. (8 marks) b. Of the four (4) values of appraise two and validate their relevance to Botswana Investment and Trade Centre mandate. (4 marks) c. The evolution of strategic planning places diversification and competitive advantage in different eras though in a modern firm they may be used in a single strategy document. Distinguish and evaluate the two (2) strategies. (8 marks) Botswana Investment and Trade Centre Case study The organization plays a critical role in driving Botswana's economic growth through the attraction of foreign direct investment (FDI), domestic investment, and facilitation of expansions and further spearheads the growth of exports by promoting locally manufactured goods to regional the Nation Brand. and international markets. It also manages In our effort to become a leading high-performance Investment Promotion Agency, our focus on investment promotion is leveraged on: • Research • To identify and profile growth sectors To create strategic go-to market value propositions that will attract investors to the country BITC has put in place an application process that offers a wide range of financial and non-financial incentives to you, the investor, in the form of exemptions and concessions. These exemptions and concessions are issued to companies investing in priority sectors or products as stipulated in the Botswana Excellence Strategy, National Export Strategy, and the Economic Diversification Drive (EDD). Vision BITC will be the apex Investment and Trade Promotion Agency (ITPA) driving the transformation of Botswana into a globally recognised trade and investment destination. Mission We innovatively attract investment and facilitate export to stimulate economic diversification and job creation in the country by promoting Botswana as a place to visit, live and invest. Adapted from Botswana Investment and Trade Centre website (www.bitc.co.bw)

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Transcribed Image Text:Botswana Investment and Trade Centre Case study The organization plays a critical role in driving Botswana's economic growth through the attraction of foreign direct investment (FDI), domestic investment, and facilitation of expansions and further spearheads the growth of exports by promoting locally manufactured goods to regional the Nation Brand. and international markets. It also manages In our effort to become a leading high-performance Investment Promotion Agency, our focus on investment promotion is leveraged on: • Research • To identify and profile growth sectors To create strategic go-to market value propositions that will attract investors to the country BITC has put in place an application process that offers a wide range of financial and non-financial incentives to you, the investor, in the form of exemptions and concessions. These exemptions and concessions are issued to companies investing in priority sectors or products as stipulated in the Botswana Excellence Strategy, National Export Strategy, and the Economic Diversification Drive (EDD). Vision BITC will be the apex Investment and Trade Promotion Agency (ITPA) driving the transformation of Botswana into a globally recognised trade and investment destination. Mission We innovatively attract investment and facilitate export to stimulate economic diversification and job creation in the country by promoting Botswana as a place to visit, live and invest. Adapted from Botswana Investment and Trade Centre website (www.bitc.co.bw)

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