How do host countries' policies and behaviors contribute to global business failures? Any real world examples?© BrainMass Inc. brainmass.com June 3, 2020, 7:38 pm ad1c9bdddf
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1. How do host countries' policies and behaviors contribute to global business failures? Any real world examples?
Going global has promise, but it carries an equally heavy load of danger and potential failures due to the businessperson embracing policies and behaviors of the host country without properly heeding the local country's policies and behaviors. From chasing too many opportunities to getting drained by currency fluctuations, the game of international expansion has many threats that domestic-only businesspeople never see. The host country's cultural and business norms impact business decisions and behavior in the business dealings with the local company. Therefore, failure is imminent, especially if the business does not pay attention to the differences between the cultural and business norms of the local country.
For example, if ...
Through discussion and real world examples, this solution explains how host countries' policies and behaviors contribute to global business failures.