Discussion:
Create a 1000 words/ 3 scholarly references
You want to launch a business internationally, and you need to choose 3 countries-1 in the Middle East, 1 in Asia, and 1 in Latin America.
• What are some of the components of these cultures that you need to understand from a business standpoint?
• How are they different in each country?
• Can you have a U.S. management style in these countries? Explain
• How are their economic systems classified? Explain why they are classified as such.
• After studying these countries, explain whether you should or should not move forward with your business plan.
Should include some areas:
• Discuss current management practices and principles used in the current global business environment.
• Summarize the opportunities and risks of doing business in foreign countries.
• Explain how differences between foreign and domestic environments impact the conduct of business.
• Describe how global managers are able to influence management decisions despite cultural and language differences.
• Compare alternative organizational structures for international operations.
• Discuss strategies organizations can pursue for international market expansion