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Social, cultural, economic, legal and political differences among nations affect international business
Date Submitted: 11/22/2001 14:44:21
This paper describes some of the ways in which social, cultural, economic, legal and political differences among nations affect international business. Specific real world examples of the described differences are also provided.
Doing business in the international marketplace mandates taking into account some very hard to overlook social differences between countries. For instance, if trying to market and sell a product in a country other than where the company is based, the company must take
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illegal in the United States to do so.
References
Ebert, R. J. (2003). Business Essentials. Upper Saddle River, NJ: Prentice Hall.
Ikea (2003). http://www.ikea.com. Sweden: Inter IKEA Systems B.V.
McDonald's Inc. (2003). http://www.mcdonalds.com/corporate/social. United States: McDonald's Inc.
Premier Star Company (2003). http://chinaunique.com/business/law_main.html#land. Rochester, NY: Premier Star Company
Haar, J. (2002). http://www.miami.edu/nsc/pages/newsupdates/Update53.html. Miami, FL: University of Miami
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