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1 How does socio cultural environment influence the international business Discuss the elements of culture?

The socio cultural environment influence the international business in both positive and negative way. The beliefs, language, religion, society, attitudes, opinions of a country have an effect on doing business internationally.


Business environment with in an outside the country is different?

Business environment within an outside the country is different?


What is the definition of Domestic Business Environment?

Domestic Business Environment refers to business conducted within an organization's base country such as businesses who operate in the USA.


What is Intenational Management?

it is the practice of managing business operations in more than one country.


What is an example of offshoring?

Moving part or complete business to another country , IE operations would be executed in a foreign country.


What is meant by domestic business environment?

"Domestic" refers to business within a company's home country.


How does political environment influences the business policy of an organisation?

The political environment of any country is a big influence factor to business policies due to many reasons, The political organization, philosophy government ideology, nature and extent of bureaucracy, political stability, foreign policy, defence and military policy, etc.


What are two ways by which Government regulates business activities in a country?

Two ways the government of a country can regulate business is to enact new laws that influence business and raise or lower taxes.


Definition of international management?

International management is the management of business operations for an organization that conducts business in more than one country. International business involves exports and imports.


Difference between host country and home country?

Home country is your original country and host country is the where you have migrated to. If your business is headquartered in Germany and you have operations in Korea, Germany is the home country and Korea is the host country.


The Advantages and Disadvantages of offshoring?

Offshoring is the shifting of a business function from one country to another. For a business, this can entail moving product manufacturing, service centers or operations to a different country. Offshoring is often used to reduce the cost of business, with the company seeking to move parts of operations to countries with more favorable economic conditions. -Richard Crighton Rothwell Gornt Companies


Who are FDIs?

FDIs, or Foreign Direct Investments, are investments made by a company or individual in one country into business interests in another country, typically through the establishment of business operations or acquiring assets. This can include building new facilities, buying existing businesses, or expanding operations. FDIs are significant for economic growth as they can create jobs, transfer technology, and enhance productivity in the host country.