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North America's Culture Affecting International Business

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North America is one of the bigger landmasses in the world. Her extension is from Aleutian Islands in the North to Isthmus of Panama at South. North America involves the next nations: Canada, the United States, Greenland, Mexico, Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama, and the island nations and terrains of the Caribbean Ocean and western North Atlantic Ocean.
North America Continent is very fecund in their soil, abundant of water bodies, natural reserves of mineral, oil and woodland. North America have turn out to be one of the most advanced regions in the globe because of their vast natural resources since the domestic product and exportations have being increasing over the past decades.
North America’s climate
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North America’s culture certainly affect international business activities, the same happen among all countries and continents in the world. Culture and tradition have a particular role in person’s critical thinking, communication barriers and behavior. In the business environment negotiation is an important skill in where all parties needs to be pleased, at the end you have to give for you to be able to receive, either is entering into a contract or building a…show more content…
On the other hand for example in Mexico the economy system, personal rights, and laws are being straggle during the last years because of the fraud and the absence of governmental intervention to support rules and regulations. Giving to the nation a slump in all areas of their society including the economic one. Another country that have restrains in their regulatory laws because of the government faintness is Panama; in where we have seen an improvement over the 5 last years but needs to keep improving in their laws and regulations. Previous improvements have boosted the controlling structure, however the step of reorganization has slackened. Permitting requests continue onerous and expensive. The employees have deficiencies in elasticity, and the payment price of contracting an employee is fairly
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