Discuss current management practices and principles used in

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Reference no: EM13464224

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.

Should include some areas:

  • Discuss current management practices and principles used in the current global business environment.
  • Summarize the opportunities and risks of doing business in foreign countries.
  • Explain how differences between foreign and domestic environments impact the conduct of business.
  • Describe how global managers are able to influence management decisions despite cultural and language differences.
  • Compare alternative organizational structures for international operations.
  • Discuss strategies organizations can pursue for international market expansion

Reference no: EM13464224

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