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Discuss any adjustments managers

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Reference no: EM132712039 , Length: 5

1. Time (punctuality for social and business meetings).

2. Monetary denomination (what is their form of currency and what is the current exchange rate to the U.S. dollar? Do you foresee that changing (and if so, why?)? What would be the potential impact of that exchange rate on business?).

3. Important holidays (when, why, and how are they celebrated?).

4. Work week (days and hours which would be considered the norm).

5. Cultural influences on business: Consider taboos, class distinctions, greetings, language, direct and indirect communication, nonverbalcommunication, system of education, religious influences, etc.).

6. Political influences on business (type of political system, political risk, trade barriers, corruption, etc.).

Question 1: Discuss any adjustments managers and/or employees, you may need to bring with you to aid in your expansion, may have to make to succeed in this country. How difficult do you think these adjustments will be for the average worker to accomplish? How much worker training would be involved for the company (what would your recommendations be?)?

Reference no: EM132712039

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