Select one country and list 5 elements of its cultural envir

Select one country and list 5 elements of its cultural environment. For each cultural element, explain the impact on international business. Limit your answers to a couple of sentences for each element of culture.

Solution

Let the country be I.

5 elements of culture are given below:

1. Family bonding: Most of the families are joint, middle class and traditional. There are so many members in a family. In order to fulfill the necessities of such big families, exports are restricted for basic goods like rice, wheat, etc.

2. Language: There are so many local languages in the country. But Hindi is there national language. Exporter of other countries must know Hindi for their export promotion in the country.

3. Culture: The country is rich in culture like art, literature, etc. Therefore, dealing with the people of the country for international trade is highly experiencing, interesting, and safe.

4. Religion: The country is religious. People of the country like those who give adequate respect to their religion. Foreign seller should keep it in mind and should do marketing accordingly.

5. Forms of government: The country has democracy rule. The elected political party forms government. Each government has tenure of 5 years. International traders should monitor and study the present government before expanding their business in the country. If the government creates business environment favorable (like tax relaxation, easy permission, etc) international trade would flourish.