Reference no: EM131982069

Discussion Questions-Culture and International Trade

Culture and politics are important parts of the external environment and vary greatly, not only between, but also within each country... Research the impact of culture and politics on business using your textbook, Argosy University online library resources, and the Internet. Respond to the following:

• Why is understanding culture critical for successful international business? Give examples of how understanding culture has been important for an international business.

• Classify and describe at least four different types of political systems that an international business might encounter. What type of political system might have the greatest potential for imposing adverse political risk on an international business? Compare at least one other system to the one you selected and explain why it has less potential for imposing political risk.

Submit your assignment to the appropriate Discussion Area. Through the end of the module, review and comment on at least two of
your peers' responses.

Write your initial response in 500 words. Your response should be thorough and address all components of the discussion question in detail, include citations of all sources, where needed, according to the APA Style, and demonstrate accurate spelling, grammar, and punctuation.