Page 1 of 1

Learning Goals 1. To assess social and cultural influences of global business activities 2. To identify potential adapta

Posted: Tue Jul 05, 2022 7:27 am
by answerhappygod
Learning Goals 1 To Assess Social And Cultural Influences Of Global Business Activities 2 To Identify Potential Adapta 1
Learning Goals 1 To Assess Social And Cultural Influences Of Global Business Activities 2 To Identify Potential Adapta 1 (241.4 KiB) Viewed 12 times
need answers with headings
Learning Goals 1. To assess social and cultural influences of global business activities 2. To identify potential adaptations Purpose A country's business environment may be influenced by the importance of family, religious beliefs, and demographic trends. In this module, your goal is to gain cultural and social awareness about the country (or countries) you are considering for your global business opportunity. Assignment Instruction You are the Chief Executive Officer of a Canadian business looking to expand your company's international presence. Select a country that you wish to expand to and answer the following questions in sentence form: 1. DEMOGRAPHIC TRENDS Identify demographic trends (such as birth rates, literacy rates) that might influence business activities in the country. (Lower birth rates result in an aging population with expanded demand for health care.) 2. CULTURAL ANALYSIS Discuss language, customs, traditions, and beliefs of the country. (Religious beliefs may make the sale of certain products inappropriate in some countries.) 3. SOCIAL INSTITUTIONS Analyze the influences of social institutions (family, church, labor organizations) on the business culture. (In some countries, a strong tie exists between family and business.) Global Business Environment - Spring/Summer 2022 Mid-Term Assignment - 15% of Final Mark Page 1 of 2 4. INFORMAL TRADE BARRIERS Describe informal trade barriers created by social and cultural factors. (Communication styles and negotiating tactics vary around the world resulting in the need to adapt to the country's culture.) Once you've answered the questions above, prepare a PowerPoint presentation that you will present to the class later in this course. You will present to the class as if you are the CEO and the class will assume the role of your company's Board of Directors. The objective of the presentation is to provide the Board of Directors with as much information as possible on the country the company wishes to expand to and reasons why the company should expand to your chosen country. Be sure to include as much valuable information as possible.