Response the below in a 210 words each:
1. What processes do MNCs need to establish in order to reduce prosecution risk? Many MNCs have decided to confront concerns about ethical behavior by developing worldwide practices that represent the company's policy. What are four policies used to address this issue? How would you implement these four policies in your business strategy?
2. What are the seven cultural variables in the communication process? Explain.
3. What are the four critical operational value differences based in culture? Explain each of them.
4. A cultural profile is a good starting point to help managers develop some tentative expectations-some cultural context-as a backdrop to managing in a specific international setting. Using the GLOBE cultural dimensions, what are the first four dimensions and their usefulness to managers? Explain.
5. What are the differences in a low-context culture and a high-context culture? How would you advise a friend with a low-context culture to do business in a high-context culture?
Reference:
Deresky, H. (2011). International management: Managing across borders and cultures (7th ed.). Upper Saddle River, NJ: Prentice Hall