1. How does the local culture in a country influence business negotiations and ethical standards?
2. What strategies have companies developed and adopted to perform as “good global corporate citizens”? Do these strategies differ from country to country?
3. What is the impact of corruption on global business? How do countries and companies address this issue? What might they also consider to deal with corruption?
Tuesday, February 26, 2008
Tuesday, February 12, 2008
IMPACT OF CULTURE ON BUSINESS
Impact of Culture on Business:
Spotlight on Latin America
Although there are many cultural differences among the many countries
in Latin America, many of the Latin American countries share similar cultural attitudes and values that affect business practices. Based on viewing the video on Latin America, answer the following questions.
1. List some aspects of Latin American culture and indicate the
influences on their development.
2. What current factors might cause cultural change to occur in Latin
America? What are the likely changes?
3. Explain some cultural contrasts or differences within Latin
America. How might they impact international business operations?
Spotlight on Latin America
Although there are many cultural differences among the many countries
in Latin America, many of the Latin American countries share similar cultural attitudes and values that affect business practices. Based on viewing the video on Latin America, answer the following questions.
1. List some aspects of Latin American culture and indicate the
influences on their development.
2. What current factors might cause cultural change to occur in Latin
America? What are the likely changes?
3. Explain some cultural contrasts or differences within Latin
America. How might they impact international business operations?
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