1. What are some issues and trends in global socio-cultural issues? Why must a company be sensitive to the socio-cultural environment within the host country? What impact does socio-cultural sensitivity have on a company's operations or sales within a host country?
2. What are the major staffing policies that Global Organizations should consider? How should an organization chose among these staffing policies? Why is the failure rate among U.S. expatriate business assignments so high? What can be done to improve this rate?
3. What is the current status of the: telecommunications, energy, and transportation infrastructures of the world's fastest developing countries?© BrainMass Inc. brainmass.com December 15, 2020, 12:30 pm ad1c9bdddf
What are some issues and trends in global socio-cultural issues?
Some of the issues which govern global socio-cultural environment is the understanding of the local culture and culturally sensitive issues, business practices and customs, local preferences, current state of political and legal environment, policies and attitude towards foreign owned companies in different countries and regions, etc. In order to successfully expand in international markets, such issues need to be observed and analyzed before expanding operations. Some of the latest trends which have been observed in the global socio-cultural arena is the increasing attention paid by global companies which are expanding into offshore locations to local tastes, preferences, business cultures, etc. Such companies are making an extra effort and spending money to teach their executives about the global socio-cultural issues pertaining in different regions. The dramatic and sudden changes happening in global socio-cultural environment is increasingly making the life difficult for multinational coroporations to operate in different regions of the world.
Why must a company be sensitive to the socio-cultural environment within the host country?
A company must be sensitive to the socio-cultural environment in the host country to avoid serious blunders and pitfalls which adversely affects the company's operations, corporate image and reputation in the host country. Therefore, a corporation needs to be aware of the ...
What are some issues and trends in global socio-cultural issues? What are the major staffing policies that Global Organizations should consider?