You are Head of Sales & Marketing and a member of theStrategic Management Team for a medium sized organization thatmanufactures and sells specialized oil and gas exploratory,drilling and production equipment to a wide range of global oil andgas companies. One of the major strategicinitiatives being considered by the Strategic Team is expanding theorganization’s existing U.S. based manufacturing operations of thisequipment to both South America and the African continent to reduceshipping distance of material and establish a local presence.

The targeted country in Africa being considered is Nigeria,which would allow shipment of equipment to African oil producers inAngola, Ivory Coast, Ghana, Cameroon, Gabon, DRC and EquatorialGuinea. The targeted country in Latin America under considerationis Venezuela, which would allow shipment of equipment to LatinAmerican oil producers in Brazil, Mexico and Colombia.

The company’s CEO asks you to prepare an environmental scan thatwill focus on key strategic decision making that need to beexamined for both countries under consideration, Venezuela andNigeria, and to be “brutally honest” in your evaluation andcomments.

Please type your answer under the rightsection in the table below:

	Venezuela	Nigeria
Political
Economic
Social
Technological
Legal
Environmental