Select 4 key takeaway points from your research. In a short paragraph (2-3 sentences) for each, explain using examples what you learned about business culture in the country you chose. Your post should be written in your own words and incorporate your knowledge of Hofstede’s cultural dimensions. In essence, what should a manager from the United States be aware of, when doing business in this country?

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A: False

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A: Most countries have laws against the bribery of their own officials. The U.S. has laws prohibiting…

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A: Diversity in culture has a big impact on how people use things and engage with technology.…

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A: Eastern Society means a group of people residing in or in particular Asia, originating from the…

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A: Living in a civilised society some qualities like honesty, cooperation, truthfulness are really…

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A: As a worldwide intergovernmental organisation, the United Nations (UN) seeks to uphold international…

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A: 1. Goods are tangible and services are intangible. It can be stored and services cannot be stored…

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A: The definition of culture shock in the sense of depression, anxiety or confusion, that results from…

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A: Management involved managing, forecasting, commanding, and coordinating the activities of the…

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A: Canada is one of the largest economies of the world. With highly diverse and inclusive population.…

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A: It is common human behavior to experience culture shock when business activities are moved from one…

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Q: Compare how the United States differs from China on Hofstede's five dimensions of culture. Explain…

A: THE COMPARISON IS AS BELOW:

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Q: What is the name of the movement that aims to protect the interests of those of the same profession…

A: What is the name of the movement that aims to protect the interests of those of the same profession…

Foreign Market Entry

Foreign market entry allows firms to sell their goods and services in the international market and expand their business in non-domestic markets. There are many foreign market entry strategies. A firm must take into account internal and external determinants while choosing the appropriate foreign market entry strategy. Few internal determinants include the firms’ objectives and global exposure, and the company’s financial and human resources. The external determinants include marketing, shipping, transportation costs, and degree of political, economic, and operational risks. Also, they involve the market size, competition level, and government laws of the targeted foreign market.