Become familiarized with theories and approaches to various business environments (Domestic, Global, | u
Technological, Political-Legal, Sociocultural, and Economic) a:
Students will evaluate the business environments of a company identified as a worst company to learn why it is not ; 6
successful. og
Prompt: a
Continue working with your chosen worst company and its industry and complete the following: | |
Identify Domestic and Global Environments (countries) that are in opposing cultural clusters (as identified in Intemational | = *
business: theory and practice) identify which cluster(s) your two countries fit. |
Identify the socio-cultural parts of each country as related to business for your company. You will need to examine these
with the aid of Geert Hofstede (see resources). |
Identify and discuss the various sociocultural aspects of each country. Do they differ? How? What are the similarities? |
How would these factors affect your company’s business in your Domestic and Global Environments (countries)? |