cultural aspect of international business

Objectives 

On successful completion of this assignment, students should be able to:

• describe and explain different cultural differences and the importance of recognizing these differences,
• describe the three main types of economies and understand economic development and transition issues, and
• describe and explain different political and legal systems and understand the increasing importance of CSR and ethics in international business.

Brief Description

The case will focus on issues related to the cultural aspect of international business. Sustainable business practices include CSR issues, foreign investment, and the benefits of regional integration for the countries within, and companies doing business in, that region. The case study analysis will be completed on an individual basis.

Submission Instructions

Read the case study and answer the questions that follow. Each answer must be based on facts from the case and all of the course materials. Each answer should be 1-2 pages long for a total submission length of 10 pages maximum (double spaced, 12 pt font), and must be prepared in APA style format.

Case Questions

1. Cultural understanding is a key factor in this situation. Comment on the importance of this aspect of market entry and development, being sure to discuss the key elements of understanding and working effectively in Mexico.
2. Using the Hofstede Framework, analyze the Mexican culture with reference to concepts covered in the course materials.
3. CSR and business practices are another set of critical issues in this case. Describe four CSR issues and explain how these issues can impact a company’s international business activities.
4. The Client, in order to develop its Market Entry Strategy fully, will be required to make an investment in Mexico. Explain each of the four means of incorporating risk into market entry strategies if The Client wanted to use an Adaptation Strategy.
5. The Client will benefit from trading with other countries in the region. Consider the changes arising from the renegotiation of NAFTA to CUSMA and evaluate the advantages/disadvantages of How significant is the trading area for the firm trading across all three member countries?

Evaluation

The overall grading is out of 100. Below is a breakdown of the grade. Note that simply meeting expectations garners an average grade.

Activity/Competencies Demonstrated% of Final GradeContent/60a. Describes the importance of cultural understanding in market entry and development/15b. Analyzes Mexican culture using the Hofstede framework./10c. Describes four CSR issues and explains how these issues can impact the client’s successful entry into Mexico /10d. Explain each of the four means of incorporating risk into market entry strategies./10e. Discuss the benefits and drawbacks of regional integration especially relating to CUSMA./15Communication/25a. Uses language clearly and effectively. /10b. Information organized intelligently and holistically (i.e., not simply answers to questions)./10c. Proper introduction and conclusion to paper./5Attention to Detail /15a. APA Formatting (title, headings, and references)./10b. Spelling and grammar./5Total/100

characteristics of degree burns

Describe the characteristics of first-, second-, and third-degree burns and the rule of nines assessment tool to estimate burn percentages. Discuss the recommended strategies for initial and maintenance fluid replacement after a major burn injury.
Use at least one scholarly source other than your textbook to connect your response to national guidelines and evidence-based research in support of your ideas.

Qualitative Research article

• Ten-minute presentation in class, a Qualitative Research article.
• Article must be peer reviewed, research study and related to the current healthcare issue/trend.
• Article must have been published within last 3-5 years.
• Identify and discuss the research question, hypothesis, sampling size, and research finding.
• 100-to-150-word maximum synopsis for the article, identifying the points stated above, as well as the APA formatted reference.

Article

Search for an article written by an author who works within your chosen career field by:

• Accessing the University Library and searching by subject
• Using another tool of your choice

As you review the article you select, consider not only what is written,  but how it is written. Make observations about the writing style and  prepare to share those details with the class.

Discuss the elements of rhetorical situation by responding to the following in a minimum of 175 words:

• Which article did you select?
• What was the author’s purpose for writing the article?
• Who was the author’s target audience?
• How might you describe the writer’s general tone of voice?
• How does this author establish their credibility in this field?
• Is this a credible source? How can you tell?
• What other details about how the article was written stood out to you as important?

Include a reference list at the end of your post that credits the piece you read. Use a citation generator, such as the Reference & Citation Generator  in the Center for Writing Excellence, to cite the article in your  response. Format your in-text citations (e.g., Adams, 2016, p. 23) and  reference list (i.e., list of resources at the end of the document)  using APA format. Consult the References page on the APA Style website for assistance.