Reference no: EM133257042
Question: Select a developing or emerging IMF market.
Reference our IMF 2021 Country Classifications map to ensure you are selecting an appropriate country.
Research Germany
Leverage at least 3 academic references (module learning materials and additional resources sourced from the EC LibraryLinks to an external site.) to answer the following:
What are the cultural dimensions that best characterize the culture of your chosen country?
You should look beyond Hofstede's cultural dimensions and explore issues such as political influence, religion, education, etc.
How would you compare the culture of your chosen country to the United States?
What is similar?
What is different?
What is most interesting?
Now, imagine you were working in this market to launch a product for an American company...
Would you adopt an ethnocentric, polycentric, or geocentric approach? Why?
What's an example of a business tactic that would exemplify your chosen approach?
How would your approach impact diversity in the workplace?
What challenges might the slight cultural differences among the regions, cities, urban, suburban, and rural areas of your chosen market present?
What is something that you might have difficulty adapting to if you worked or lived in this country?
Personally, would you judge yourself to be more ethnocentric, geocentric, or polycentric? Why?