How are their economic systems classified

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Reference no: EM132436873

You want to launch a business internationally, and you need to choose 3 countries-1 in the Middle East, 1 in Asia, and 1 in Latin America.

- What are some of the components of these cultures that you need to understand from a business standpoint?

- How are they different in each country? Specifically, what considerations will be necessary to facilitate collaboration across these cultures? Identify supervisory skills appropriate to respond to your considerations.

- Can you have a U.S. management style in these countries? In support of your answer, show how various issues would influence the success of multicultural teamwork.

- How are their economic systems classified? Explain why they are classified as such.

- After studying these countries, explain whether you should or should not move forward with your business plan.

Reference no: EM132436873

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