Choose two countries that appear to be culturally diverse Compare the cultures of those countries, and then indicate how cultural differences influence:
1. the costs of doing business in each country (not only the financial costs but there are also other costs or risks related to political/economic/legal)
2. the likely future economic development of that country
3. identify at least two cultural differences between these two countries (please copy and paste the figure from Hofstede’s dimensions) and for each cultural difference develop recommendations on how a manager can prevent the cultural difference from negatively impacting a business deal between these two countries
· Save this file using your last name and the first initial of your first name as the file title. For example, my file will be saved as LinJ.docx
· Use at least one outside resource to support your answers.
· Use APA citation format for your in-text citations and reference page. Refer to this website for instructions on APA format: citations. https://owl.purdue.edu/owl/research_and_citation/apa_style/apa_formatting_and_style_guide/general_format.html
Resources:
Click here for a Country Comparison based on Hofstede’s dimensions.
https://www.hofstede-insights.com/country-comparison/
Visit the Global Warrior database available via the RMU library databases.
Visit the CIA World Factbook for more information on these two countries.
Rubric
1. To identify the cultural differences between the chosen countries (copy and paste Hofstede’s framework comparison figure+your own explanation), the cost of doing business in that country, and the future economic development in both countries. (3 points)
2. To recommend managerial decisions to prevent the cultural difference from negatively impacting a business deal between these two countries. Please differentiate two situations for this question. Recommendations for managers from country A to country B. Another recommendations for managers from country B to country A. (5 points)
3. To find outside resources to support your statements. Please do not use Wikipedia in an academic assignment. (1 point)
4. To follow the instruction for this assignment, including the formats (essay writing, APA style citations, file name, section titles). (1 point)
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Choose two countries that appear to be culturally diverse Compare the cultures o
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