The following are the operational costs for this research. The average daily wage for a national researcher will be $85. A reasonable daily rate for a researcher will be $3. Botswana, the new market, uses the Pula as its official currency. A Botswana Pula is worth 0.094 US dollars (Paul and Motlaleng 222). The average cost of a hotel room in the capital for one night is $85. The average monthly rent for a one-bedroom apartment is $20. A one-day automobile rental in the capital costs $15. The car will be used for a period of fifteen days. The average price for hiring a domestic flight across the country will average $40 per month. Cost of a tourist/business visa for an American citizen is $3.
It is easy to obtain a work permit for an American citizen. The procedure is clear and precise. There are simple steps to be followed, and the license is processed within 30 working days (Oliver 668). To register the company, one will need to provide a certificate of company registration, shares, and incorporation as well as list of local workers and their identifications, list of assets in value, form 8, 13, and 14, a report from a medical officer, copies of valid passport, firm’s profile, and current bank statement of the enterprise (Kiggundu 1528). Since this research is intended to be conducted for one month, the total operational cost will be $2,928 plus an extra $1,000 for additional services adding up to $,3928.
Forcier Consulting is a research and consulting firm that operates in post-conflict and logically challenging environments across the world, but mostly in Africa. It provides high-quality and reliable research in complex research settings. It also builds a capacity of researchers and consultants. It mainly helps companies come with policies and programs which are evidence-based.
This company has a higher potential to join new markets in Africa. According to the tasks performed by the firm in investing in technology and especially citizens, Botswana is a place where the company can contribute in the current political and social sequence of events (Dini et al. 141). The organization could train a large number of citizens and provide support to firms and government through research on critical issues such as health, safety, and education. Botswana receives a significant amount of generous help, which can be of great use by agencies present in that country. The other reason as to why it is a right market to enter is due to the small number of competitors which varies from one sector to another. Foncier can take into consideration development projects which are to commence soon. Also, Botswana is good regarding stability, and because it is still a developing nation, it is need of reliable data.
The management strategies for the proposed market will contain three key components: a good reason why, evoked curiosity, and trust and empowerment (Arnaud 102). A good idea why will create an image in employees minds on how their tasks and responsibilities will impact the firm. They should ask themselves the importance of the project both to themselves, the company, and the clients. Evoked curiosity will implement a strategy that says “how can we accomplish this goal?” Through this step, teamwork will be enhanced. Trust will allow curiosity to unfold itself. Employees will be allowed to have more and more control of their work.
Works Cited
Arnaud, Gilles. “Developing In‐Company Research: A French Review of Observation Strategies.” Management Decision, vol. 40, no. 2, 2002, pp. 101-115.
Dini, Lamberto, Brian Quinn, and Lennart Wohlgemuth. “The Economy of Botswana.” Staff Papers, vol. 17, no. 1, 1970, pp.127-169.
Kiggundu, John. “Company Law: Some Interesting Aspects in Botswana.” Commonwealth Law Bulletin, vol. 15, no. 4, 1989, pp. 1524-1532.
Oliver, Ally. “Permit to Work: the Integrated Safe System of Work.” The APPEA Journal, vol. 50, no. 1, 2010, pp. 665-680.
Paul, M. Thamas, and G.R. Motlaleng. “The Pula-dollar Exchange Rate and the Purchasing Power Parity in Botswana. The Journal of Developing Areas, vol. 41, no. 2, 2008, pp. 205-231.
