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.
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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
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- How can these cultural differences explain why you were not successful? What should you have done differently?What characteristic of national culture do you think to have the most important effect on how successful a country is in doing business abroad?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
- There is strong connection between income inequality and wealth inequality.” Do you agree or disagree? Explain your answer based on the reading discussed in the unit and provide country-specific examples including Australia.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.Why 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.
- Using Dubai aa an example, do you believe that cultural similarities among people can outweigh cultural differences that exist in terms of doing business together in the future?What factors contribute to a country's desirability? Cite your work (any style) Do not cut-and-paste from the Internet or quote directly from other materials.What values and drawbacks does a company bring to a host economy?
- If you were the product manager for Barbie dolls, what cultural characteristics would you bear in mind when entering the (a) Japanese and (b) Malaysian markets? What product modifications would you make so that the doll becomes more saleable in these countries?A company, Golf Pros, would like to build a golf course that could be played year round. Which component of the international business environment would they need to consider? a. Geography b. Culture c. Politics d. EconomyThe population size and age structure of a nation can be causal factors in economic development. Why is population size significant for economic development? Will height be an inconvenience? Why is the distribution of age important?
