Choose two countries that appear to be culturally diverse. Compare the cultures of those countries, and then indicate how cultural differences influence (a) the costs of doing business in each country,
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Choose two countries that appear to be culturally diverse. Compare the cultures of those countries, and then indicate how cultural differences influence (a) the costs of doing business in each country, (b) the likely future economic development of that country, and (c) business practices
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- Choose two countries that are culturally diverse. Compare the cultures of those countries and discuss the ways in which cultural differences will affect the .(cost of doing business in each (countryChoose two countries that are culturally diverse. Compare the cultures of those countries and discuss the ways in which cultural differences will affect the cost of doing business in each (country). Answer: Students answer vary depending on the countries they have chosen. 1. Identify the countries for comparison 2. Identify the cultural factors, two to five factors 3. Prepare a table. See example below. Countries E.g., Malaysia Religion Islam Hindu Buddha Christian Social 4. Discuss the ways in which cultural differences will affect the cost of doing business in each (country).Choose two countries that are culturally diverse. Compare the cultures of those countries and discuss the ways in which cultural differences will affect the cost of doing business in each (country). Answer: Students answer vary depending on the countries they have chosen. 1. Identify the countries for comparison 2. Identify the cultural factors, two to five factors 3. Prepare a table. See example below. Countries E.g., Malaysia Religion Islam Hindu Buddha Christian Social
- Is there any relationship between the culture of a given country and the extent to which it will likely have a dynamic, growing economy? Are there cultures that would be more likely to limit economic growth and even result in poverty? Defend your answer.ASK B: Describe the concept of cultural 'particularism'. Explain its influence in a shared global culture when transacting businessIdentify the five (5) ways that you can become an "International Business": 5 points Own a domestic retail business Own a tertiary business in another country Own a secondary business in another country Own a primary business in another country Export items to another country Invest in a business in another country Import items from another country
- If you worked for an international firm doing business in Asia, is there anything you would suggest easing the tensions these cultures are experiencing? In your answer provide four reasons you think being culturally sensitive is important for both the international firm, and the citizens of emerging economies.What characteristic of national culture do you think to have the most important effect on how successful a country is in doing business abroad?How national cultures influence business?
- Select a country you feel would have a challenging business environment to enter. Describe at least one issue related to political, economic, and legal systems.Explain why the culture of a country might influence the costs of doing business in that country. Illustrate the answer with some examples.How would you recommend a company deal with the differences in culture such as customs, verbal language, and religious beliefs when operating in Finland and Saudi Arabia