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International Business Practices

Question Description

 
Length: 1,000 to 1,200 words
You want to launch a business internationally, and you need to choose 3 countries—1 in the Middle East, 1 in Asia, and 1 in Latin America.

  • What are some of the components of these cultures that you need to understand from a business standpoint?
  • How are they different in each country?
  • Can you have a U.S. management style in these countries? Explain
  • How are their economic systems classified? Explain why they are classified as such.
  • After studying these countries, explain whether you should or should not move forward with your business plan.
 
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