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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- How can these cultural differences explain why you were not successful? What should you have done differently?What are the implications of the above differences for how business is conducted in Malaysia and China?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
- You work for a Nova Scotia Company trying to successfully enter the cranberry market in Australia.Identify those aspects of Australia's history that will have an impact on your company’s international business plan.What is the stability of the Australian government, political attitudes toward international business in general, and attitudes specifically toward Canadian businesses.Explain the term multicultural marketing and how corporations such as Pepsi Cola or KFC could utilize this strategy to avoid marketing blunders when introducing new products to a country. use examples to support your arguments.Understanding cultural practices of a host country can be the difference between success and failure of abusiness venture. Discuss this statement by using three relevant examples.
- A corporation would implement a country risk assessment in order to A. estimate the risk to business employees, property, and investment. B. predict risk of marketing errors, given cultural variables. C. analyze the impact of diversity in a country's workforce. D. predict responses of citizens to new product lines.Explain followings with appropriate examples: a) Expatriates. b) Third-country Nationals. c) Local-country Nationals.Explain why the culture of a country might influence the costs of doing business in that country. Illustrate the answer with some examples.
- Please explain why cultural issues are so important in global business. please no plagiarism.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.Any company doing business outside the home country should first carefully study the ________ in the target country. a. cultural activities b. sovereignty c. political culture d. social activities e. intellectual activities.
