Panama Cultural Analysis

Due to the significant impact of culture in the business environment, use Hofstede’s compare countries
resource to choose a country for your project and conduct a cultural analysis of your project country, using
the resource to investigate the specific culture scores for Hofstede’s dimensions of culture. In this
discussion, you will work on the following critical elements: Values and Communication and Business
Etiquette.
Discuss Hofstede’s dimensions of culture that influence business in your project country.
Use The World Factbook and Commisceo Global Culture Guides to expand this further by identifying
specific elements of communication, both verbal and non-verbal.
Finally, using Commisceo Global Culture Guides, identify five rules of business etiquette that would directly
influence business interactions.
What risks or opportunities can you identify from this analysis of culture? Consider areas of management
that can be adjusted when considering cultural drivers.