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Assignment
Outline the reasons why the various elements of culture (social structures and control systems, language and aesthetics, religion and other belief systems, educational systems, etc.) might increase the cost of doing business in a country. Be sure that you illustrate their ideas with concrete examples of both cultural elements and specific countries. *The purpose of this assignment is to come up with examples like the ones below*.
(1) For example, in Saudi Arabia, labor laws prevent gender mixing in the workplace, therefore business costs increase accordingly, as MNEs need to have separate offices for men and women. (2) Or for countries like Saudi Arabia that are majority Muslim, MNEs could lose hours of sales and potentially pay hourly wages along with utility costs during the multiple times the business shuts down in a day for prayer.
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