(a) What is your understanding of the term "Culture". (b) why is an understanding of the institutional norms, regulations and practices of other countries important for international firms?
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- Critically examine the following information: International business is good for both developed and developing countries use 300-600 wordsHow useful is simple bi-lateral analysis in multinational corporations (MNCs) where members of not two but a number of cultures may be interacting?ASK B: Describe the concept of cultural 'particularism'. Explain its influence in a shared global culture when transacting business
- Fill out the concept map with the terminologies that are related to globalization and create a definition of globalization out of these terminologies.What is meant by the culture of a society, and why is it important for international managers to understand it?How should you provide customer service to someone of another culture?
- Budgets and capital spending rules are the most important subunits within multinational firms controls in Multiple Choice cultural output personal bureaucraticdicuss some important issues to keep in mind in training , appraising, and compensating international employeesThe competition from foreign companies in a country is in which business environment? A- Cultural environment B- Natural environment C- Technological environment D- Global business environment
- Difference business environments being international environment, macro environment, micro environment and market environment with examplesthe cultural web consists of various elements including Routines, Symbols and control systems. Explain the parts of the cultural web mentioned above and back up your response with examples.How would you recommend a company deal with the differences in culture such as customs, verbal language, and religious beliefs when operating in Finland and Saudi Arabia