Analysis of the US Market from Various Perspectives Essay

Analysis of the US Market from Various Perspectives - Essay Example So, this may be considered a good time to enter the US market by acquiring well managed and under-valued insurance companies. However, the investment decision should be backed up by thorough due diligence. Also, the investment should be done with a long-term perspective. 2. The government is amenable to foreign investment: The present economic recession has forced U.S. banks to tighten their credit standards and the issuances are getting more expensive. With the weakening dollar and depressed domestic and the foreign demands, U.S. businesses are currently facing hard times. In times like these, the administration will welcome any kind of foreign investment, including in the form of acquisitions. New President means changes and changes come from new policies. So the policies formulated by the new President will definitely affect business operations of the firm to an extent. Additionally, the new President has a substantially high acceptance among the US population and it is expected that entering the office will help boost the sagging morale of the US economy. All these factors may result in an earlier than expected recovery of the US economy. For most of the aspects of management and business operations, having a better understanding of a country’s culture is very important, both for a single country and international settings. Cultural backgrounds influence people’s conjectures about the organization and hence have a profound impact on the management and business operations. (IMD, n.d) 2. The decline of the â€Å"family†: Family as a social unit has been increasingly losing its importance in the US, and the percentage of family households out of total households have dipped to 69% from 89%. This trend is critically linked to Insurance Industry as there are more units of society that will look for individual insurance. (Michael T. R.,2003) These are the 6 major trends of the U.S. from three- Economic, Political and Cultural  Perspectives.