preview

Cultural And Institutional Environments Of Mexico

Satisfactory Essays

INTRODUCTION
The following report analyzes cultural and institutional environments of Mexico and how they can affect HR practices of global companies. It is intended to help companies that want to operate in Mexico gain a better understanding of the country and become prepared for potential issues and conflicts that might be brought by cultural and institutional differences between Mexico and the companies’ home countries. The report consists of four parts: country introduction, culture, institutional factors (economy, labor legislation, labor representation and union, employment traditions), conclusions and recommendations.

COUNTRY INTRODUCTION
Mexico, (United Mexican States) is located in North America bordered by the United States, Berlize, and Guatemala with the Gulf of Mexico to the east and North Pacific Ocean to the west. As of 2013, the population of Mexico is estimated to be 122 million. 50 to 60 percent of the population of Mexico consists of people of Spanish/Indian heritage, 25 to 30 percent Indians; 9 to 15 percent Caucasians, and a very small part Africans. Spanish is the official and most spoken language in Mexico. As the site of several advanced Amerindian civilizations, such as Teotihuacan, Maya and Aztec, Mexico was colonized by Spain until 1821. After independence Mexico went through a turbulent post-independence period that led to the Mexican Revolution in 1910, which built up the foundation for the 1917 Constitution and the emergence of the country 's

Get Access