Data Analysis - International Market Research & Forecast Background Assignment

Data Analysis - International Market Research & Forecast Background - Assignment Example Foreigners are made to obtain visa before making their way into the company. At the same time, the visa is made to stay almost 60 days before it cab be realised officially. All businesses are expected to register with investment promotion Authority. All the information concerning taxes and tariffs are provide by the IPA, only upon request. Obtaining information this way was encouraged since the national websites do not provide up to date information. Food items are not literary prohibited therefore they are permit-less. All of Port Moresby’s population estimation is 307, 643. It has a media age of 22, which reflects on cultural lifestyle. This is because younger generation are moving into the city, while the older generations stay at home. Its currency is PGK; it is also notable that public transport is by PMV. Here buses and taxes are the main transformational means that is currently servicing the whole area of Port Moresby. Communication in this town is by phone and social Medias. This is made possible since many are using smart phone technology as well as landline, which is mostly used by the business people. English is the main language; however, other known languages are the Tok Pisin. A widely used and well understood language also the Hiri Motu and Creole languages. In the country, it should be noted that several generations are dwelling less than one roof, despite of the house hold structures being of extended calibre. Here, elders are respected. The main religion is Christianity, and the most popularly one are the SDA. Further, it should be noted that the families are valued and then close knitted. Lastly, many people in this area reside in settlements or villages, sustaining themselves through farming, fishing as well as hunting. Recently, the internet has been upgraded from dial up connections to a speed wireless broadband. The unlimited wireless cost usually amount to almost K100 a month.