Explain why is a risk analysis so important

Reference no: EM1330845

Culture, risk analysis, and strategy formulation in global b

What is the study of culture and why is so important to global business? Please give examples of important areas of cultural study, which organizations must focus upon when deciding to go global.

Why is a risk analysis so important? In your opinion, which factors of the risk analysis carry more weight than others?

In comparison to the domestic environment, how is strategy formulation different in the global business environment? Why?

Reference no: EM1330845

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