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Cultural & Technological Risks of starting a business abroad

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When determining the cultural and technological risk of starting a business in another country, what items should be determined? Please provide a comprehensive list.

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Solution Summary

This is a discussion of the cultural and technological risks of starting business in another country.

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PLEASE NOTE: Please remember that this is a study guide and to use it as such. You still need to put your assignment in your own words. You can summarize, and paraphrase the information in this guide to fit your needs but I would advise that you do not turn it in word for word as your own work or you risk plagiarism.

Cultural Risks

These are the differences in cultures that present a risk and must be considered and determined when starting a business in another country.

? Cultural distance - how different the culture of the business and the host country are- for example cultural distance between England and the USA is small while the cultural distance between and Saudi Arabia is very large.
? Negotiation patterns - How the cultures of the business and ...

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