Introduction
Our business concentrates it's efforts in the manufacturing and sales of vehicles. The large majority of our current line up of vehicles enclose gasoline engines. It is expected that the price of petroleum will increase as reserves becomes more scarce in the future. We have already seen a rise in popularity of hybrids and electric vehicles in advanced markets. The future of vehicle manufacturing is headed towards the development of ever increasing energy efficient and environmental friendly practices, which have to compete in an extremely competitive global market. As a logical step it is imperative that our firm expands its reach in the lithium battery business. Bolivia holds the largest untapped reserves of lithium deposits in the world. This business environment analysis is designed to provide a comprehensible outlook of Bolivia as a satisfactory destination where our firm can effectively conduct profitable business.
Bolivia, officially known as the Plurinational State of Bolivia is located in central South America. It borders Brazil to the north east, Paraguay and Argentina to the south, Chile to the southwest, and Peru to the west.
Preceding European colonization, the Andean region of Bolivia was a part of the Inca Empire – the largest state in Pre-Columbian America. The Spanish took control of the region in the 16th century. During most of the Spanish colonial period, this territory was known as Upper Peru and was under the administration of the Viceroyalty of Peru, which included most of Spain's South American colonies. After declaring independence in 1809, 16 years of war followed before the founding of the Republic, Bolivia was named after Simón Bolívar, on 6 August 1825.
Today, Bolivia is a democratic republic that is divided into nine departments. Its geography is diverse from the high peaks of the Andes in the West, to the Eastern Lowlands, placed within the Amazon Basin. Bolivia is a developing country, with a Medium...