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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 practicesIs 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.How has globalization affected different world regions? What are some of the benefits and costs of globalization for different sectors of society (eg., companies, workers, communities)?
- 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 SocialHave you identified niches in your local market that represent potential resistance to Globalization?Discuss where the United States, Malaysia, and China stand on Hofstedes cultural dimensions.
- 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 4. Discuss the ways in which cultural differences will affect the cost of doing business in each (country).How national cultures influence business?Cultural differences are more or less important than cultural variations within nations. With relevant examples, discuss this statement.
- 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.Identify 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 countryWhy might the problem of rapid urbanization be a more significant population policy issue than curtailing population growth rates over the next two decades for most developing countries? Explain your answer.