Explain why it is important for organizations to understand

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Case STudy: Thought leadership is a type of content marketing where you tap into the talent, experience, and passion inside a business, or from your community, to consistently answer the biggest questions on the minds of your target audience on a particular topic. Thought leaders become the trusted sources who move and inspire people with innovative ideas, turn ideas into reality, and know and show how to replicate their success. Over time, they made dedicated group of friends, fans, and followers to help them replicate and scale their ideas into sustainable change not just in one company but in an industry, niche, or across an entire ecosystem.

Questions: Discuss strategies for some key globalization issues that companies face when expanding to new markets.

  • Explain why it is important for organizations to understand the culture of other countries that they do business in.
  • How do you think differences in social culture influence the values of a business? Provide examples.
  • What are the economic and business implications of cultural change on an organization? Include specific examples.

 

Reference no: EM133438337

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