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What is political and economic history of the region

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The Country Is : Philipines

1. What is the political and economic history of the region, and how has that history shaped the laws and practices?

2. What is the cultural profile (using the dimensions defined by Hofstede as a framework, and how are these cultural dimensions exhibited in business practices? In particular, what cultural dimension of this country or region favors foreign investment?

3. What customs and traditions are observed? What is the currency used? How do people dress? What do they eat and drink? What language is spoken?

4. What are the strategies for handling cultural differences at the negotiation table? The dos and don'ts must be aware of during the business negotiations in the particular country.

5. How attractive is the region for foreign investment beyond the cultural dimension listed in the first question?

6. What U.S./Canada firms currently conduct business in that country, and what challenges have they met?

7. What are the governmental policies to solve the national and global crises in finance and the economy?

Reference no: EM133212867

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