UNDERSTANDING BUSINESS-W/ACCESS>CUSTOM<
UNDERSTANDING BUSINESS-W/ACCESS>CUSTOM<
11th Edition
ISBN: 9781259691980
Author: Nickels
Publisher: MCG CUSTOM
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Chapter 1, Problem 4DWS
Summary Introduction

To think critically about: The different businesses and the positive and negative impact of social trend of these businesses.

Introduction:

Social trend refers to different changes in taste and preferences of consumers due to various structural changes such as the change in the costs of various goods. This social trend is an effect from the decision of a society as a whole.

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What is a good response to this post? While Australia and the United States share very similar cultures overall, there are a couple of differences that must be considered when developing REI's global expansion strategy.  Both countries score low in the "Power Distance" category because managers tend to incorporate employee perspectives into the decision-making process and manage their teams in an inclusive, participatory manner (The Cultural Factor Group, 2023).  "Motivation Towards Achievement and Success" (formally Masculinity) is also similar with the high scores in both countries qualifying them as "decisive" cultures that value professional and personal success and achievement (The Cultural Factor Group, 2023).  The two areas where there is the greatest difference are in the "Individualism" and "Uncertainty Avoidance" categories.  Australia is considered a more individualistic society with a greater emphasis on self-reliance over communal and government involvement in personal and…
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