Sunday, May 12, 2019
How Cultural Differences Between Parent and Host Country Can Affect Essay
How Cultural Differences Between  reboot and Host Country Can Affect Business Communication Process of an Organization - Essay  utilizationThe Western companies  corroborate shown tremendous interest regarding the expansion of business in the Middle East and the  east countries because of the emerging market. The international business that the companies  have got emphasized in the modern world can have strong effects. A bad choice of a  country can increase the risks associated with the financial losings and it can also reduce the opportunities for success. There are many reasons due to which the risks associated with businesses arise in  legions countries. Issues related to the political  work out, economic factor, social factor, technological factor and legal factor have the  knockout  clash on business. The differences in the culture with respect to business  mingled with a parent country and the host country are the essential reason behind the risks and lack of opportunities. Th   e market entry decisions make by the companies play the very crucial role against the risks associated with cultural differences. This essay illustrates the effects of cultural differences between parent and host country on business communication. Cultural aspects of different countries have the significant impact on the sustainability as well as the profitability of business corporations. The business culture in the  westerly countries is significantly different from that of the eastern world. The major growing business markets such as India and China have  some(prenominal) different approaches with respect to business culture. The business practices and culture of China differ greatly from  otherwise countries, such as Canada, USA, Australia and UK. In order to initiate a business in China, the essential factor is to understand the business etiquette. Understand the business etiquette and the socio-economic culture can lead organizations to success. There are several challenges th   at the managers of the Australian companies had to face based on managing employees.   
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