+1-415-670-9189
info@expertsmind.com
What are the contrasting cultural values of these countries
Course:- International Economics
Reference No.:- EM13863221




Assignment Help
Expertsmind Rated 4.9 / 5 based on 47215 reviews.
Review Site
Assignment Help >> International Economics

Question:

Your fast-food franchise has been cleared for business in all 4 countries (United Arab Emirates, Israel, Mexico, and China). You now have to start construction on your restaurants.

The financing is coming from the United Arab Emirates, the materials are coming from Mexico and China, the engineering and technology are coming from Israel , and the labor will be hired locally within these countries by your management team from the United States.

You invite all of the players to the headquarters in the United States for a big meeting to explain the project and get to know one another.

In preparation for the meeting, you want to avoid cultural silos, while ensuring all parties engage with each other.

Answer the following questions in preparation:.

What do you know about these cultures-specifically their economic, political, educational, and social systems-that could help you in getting them together?

What are some of the contrasting cultural values of these countries?

As you begin to plan, you are concerned about some of the language barriers, particularly the fact that the United States is a low-context country, and some of the countries present are high-context countries.

Furthermore, you only speak English, and you do not have an interpreter planned at this time.

What strategy would you use to begin to have everyone develop a relationship with each other that will help ease future negotiations, development, and implementation? Address the following questions in your response.

How will this affect the presentation?

What are some of the issues you should be concerned about regarding verbal and nonverbal language for this group?

Answered:-

Verified Expert


Preview Container content

Introduction

The cultural differences for executing the task, has to be analysed for improving the business performances. Political aspects and systems, needs to evaluated and introduced in the right manner. Business expansion plan has to be evaluated after understanding the political challenges and cultural communication issues that exists in execution of the business. There are different types of political factors that can affect the impact the business activities. The cultural factors have to be analysed, and the corrective measures are introduced for increasing the business execution. The new project has challenges related to cultural communication which has impacted the business execution (Garcia 2004).

For constructing of the restaurants, the finances have been arranged from the UAE, materials have been procured from China and Mexico. The technology has been procedure from Israel. The labour would be hired from the local markets. For project execution has been planned for implementing the changes that are necessary for introducing the best products and services for the clients. Major cultural challenges are related to implementing the best process for increasing the sales.

Cultural differences

Business strategies and international expansion has to be implemented after analysing the cultural differences that can affect the business execution. Customs, gestures, and mannerism has to be considered. This would help in increasing the communication process, which is useful in introducing the changes that are necessary for increasing the performances. Through this method, the customer’s expectations are analysed. This will help in integrating different tasks that would be useful in increasing the business performances (Csikszentmihalyi, et al. 2003).




Put your comment
 
Minimize


Ask Question & Get Answers from Experts
Browse some more (International Economics) Materials
What are the implications of other nations acquiring a large amount of U.S. Treasury bills on the U.S. exchange rates? If China did this would it increase their military pos
(Depository Institutions) What is a depository institution, and what types of depository institutions are found in the United States How do they act as intermediaries betwe
Is the U.S. truly an economy that promotes competition and do you think about the markets where major oligopolies exist, for instance soft drinks or fast foods and automobile
Given the situation that the world economy has not yet fully recovered from the most severe financial crisis and economic recession for many decades, what is your view on th
According to the New York Times (November 18, 2006), the number of car producers in china is increasing rapidly. The newspaper reports that "china has more car brands now th
1. In the formula for Bayes theorem if the w-probability is greater than the zero than the a-probably is less than the b-probability 2. posted offer markets with at least tw
Discuss whether economies of scale have any relevance to such companies such as Wal-Mart. (This assignment must be 250-300 words and include at least 2 cited references in APA
According to your reading, which market structure is more applicable for the market for building commercial aircrafts, when there are two major manufacturers of the commercial