PPQ Parts
Tami Duran
Global Operations Management
Dr. David Tibbetts
March 30, 2013
PPQ Parts 2
Abstract
Culture barriers and diversity issues are commonly encountered by managers. It is important for managers to know all aspects of the business. Issues often involve infrastructure, business law, business practices, foreign trade, international exchange rates, and politics of other countries. Issues related to legal and illegal payments are important to know as well, including extortion and bribes. Social cultural barriers are also of importance. These include values, beliefs, and demographic trends of the host country. Diversity is also an important topic.
It is vital to encourage diversity in the workplace. If multiculturalism is ignored employees may not feel they are being treated fairly. The turnover rate could be high, morale could be low, potential lawsuits, walkouts, and eventually failure. Taking in all of these considerations could help make a company successful in foreign countries. Other countries educate themselves with our values, needs and wants, we should do the same, if businesses want their company to expand globally from the United States.
PPQ Parts 3
PPQ Parts
There are a number of issues that must be addressed when introducing expansion into a host country. External and internal factors affect a nation’s rate of utilization and absorption rate of technologies. Obtainable human and physical resources are comprised internal factors, the country’s infrastructure and its growth rate and state of development the host country must provide. Commerce is conducted into the country by
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