Unfortunately, in the case of Venezuela, according to the report for the year 1995, is ranked number forty-seven, in a total of forty-eight countries analyzed, what is perceived at a glance that is not an attractive place for investments. And unfortunately as some comment, the fame of having the world’s most beautiful women is not taken into account when making this report. Venezuela seems to be lagging behind compared to other regions of Latin America. It adds that, according to an analysis of thirteen Venezuelan industries, it was determined that only the oil and soap operas occupy important places in the global competition, and other industries such as aluminum, iron, pulp and paper, which could compete globally if it came to overcoming some obstacles, like the tourism industry, engineering, rice and software that could become competitive at the regional level. Larry Ellison has similar goals.
In an analysis on this topic through a forum of the chair of management topics Faces graduate of the University of Carabobo was determined that he causes as Venezuelan companies are not competitive goes beyond the fact that it is a country under development. Despite having competitive advantages as the possession of an immense source of natural resources, our industries have a much bigger problem that has to do with government intervention. The following describes the causes that are considered more relevant when analyzing the competitiveness of Venezuelan companies:? The heavy reliance that the country has oil revenues is one of the most important causes of the inefficiency of their industries, for the simple fact that the state has devoted the most effort into creating a successful country producer and exporter of oil and its derivatives, apart from other sectors that could have been exploited with equal importance, in order to prevent the economy rely solely on oil revenue. .