What are the contrasting cultural values of these countries

Assignment Help International Economics
Reference no: EM13863221

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?

Verified Expert

Reference no: EM13863221

Questions Cloud

What are your immediate reactions to the findings : After reading the attached article, what are your immediate reactions to the findings? Where do you think such research will eventually lead as far as implications for humans
Steps in scientific method of inquiry or research process : What are the steps in the scientific method of inquiry or research process? Why must each of these steps be included to support the scientific method? Briefly discuss how the scientific research method was applied in the article you found.
Prepare an employee acceptable use policy : Employee IT Acceptable Use Policy Prepare an employee acceptable use policy for a real or fictional organization to address its information systems, technology and assets.
What are the primary influences on the cost of medication : For this discussion, analyze the medication issues faced in older adulthood. What are the primary influences on the use and cost of medication for this community? What factors should be taken into consideration to promote effective drug use
What are the contrasting cultural values of these countries : 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.
Project objectives design a controller : Project objectives Design a controller using state-space method to meet the above specifications Your project report should contain the detailed justification of the type/structure of controller
Write a paper on physical changes associated with aging : Prepare a comprehensive paper of 1320 - 2310 words (4-7 pages) on a specific topic related to Aging and Adulthood Development. The topic is Physical Changes Associated with Aging
Advantage of assembly and high-level programming languages? : What are the advantages and disadvantage of assembly and high-level programming languages? Discuss the advantages and disadvantages in terms of the practical applications of these languages.
Identify hazards and workplace practices that have accidents : Identify hazards and workplace practices that have the potential to cause accidents and injuries. Evaluate the relationship between the workplace environment.

Reviews

Write a Review

International Economics Questions & Answers

  Compute one-year forward exchange rate in dollar and euro

Suppose that in the beginning of the year, the exchange rate between US-dollar and the euro is exactly 2 $/EURO. At that time, a one-year US treasury bill yield an interest rate of 5%, while a similar German treasury bill yield 3%.

  Question based on keynesian theory

Based on the Keynesian theory in does it matter what the money is  spent on?  discuss and explain the amount of stimulative  effect we can expect, depending on how the stimulus is financed.

  Examine the gatt-wto regulations

"Time" magazine, Canadian edition, has recently published an article on U.S. agricultural subsidies titled "Why our Farm Policy is Failing", November 2nd, 2007.

  Assuming that interest rates and expectations about the

What is the spot exchange rate, E$/CD? Assuming that interest rates and expectations about the future exchange rate remain unchanged, will the spot exchange rate change over time?

  Describe the legal-cultural and ethical challenges

Describe the legal, cultural, and ethical challenges that confront the global business presented in your selected case study.

  Why should countries engage in international trade

Why should countries engage in international trade rather than remaining self-sufficient and avoiding the unfair competition of low-paid foreign workers

  What is the impact of opening trade on the real wage

Suppose when Russia opens to trade, it imports automobiles, a capital-intensive good.a. According to the Heckscher-Ohlin theorem is Russia capital-abundant or labor-abundant?

  Do you anticipate that nafta will ever progress

Component of your country (France) analysis - the political assessment. Identify political concerns that a business would have in working in that country.

  When dollar decreases in value relative to foreign currency

When the U.S. dollar decreases in value relative to foreign currencies the: Demand for U.S. exports will decrease Supply of U.S. exports will decrease Demand for U.S. exports will increase Supply of U.S. exports will remain constant

  Since fall of 2012 the price of oil has shown a steady

since fall of 2012 the price of oil has shown a steady decline as continued increase of global oil production that has

  Mainstream view of macro instability

The brain drain problem in the developing countries refers to the fact the best-educated workers and mainstream view of macro instability

  How will you handle staffing and recruitment activities

What type of marketing does your chosen global market respond to? What will not work well in your market that may work for your domestic marketing plan?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd