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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- 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.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 (countryhave technologies like the internet created a more harmonious or a more divided society amidst globalization? explain your answer
- 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.What characteristic of national culture do you think to have the most important effect on how successful a country is in doing business abroad?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?
- According to Geert Hofstede, which of the following is a key cultural dimension that helps account for rapid economic growth in Asia? Select one: a. individualist/collectivist b. feminine/masculine c. long-term orientation d. power distance e. uncertainty avoidanceChoose two countries that appear to be culturally diverse. Compare the cultures of those countries, and then indicate how cultural differences influence (a) the costs of doing business in each country, (b) the likely future economic development of that country, and (c) business practicesThere 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.
- What values and drawbacks does a company bring to a host economy?How has globalization affected different world regions? What are some of the benefits and costs of globalization for different sectors of society (eg., companies, workers, communities)?How cultural differences affect consumer behavior between South Korea and China?