Discuss how to manage cultural risks and other factors


Discussion Post

a) Increased global interaction has been promoted by advanced technology in communication, ideas and culture, which largely encourages and facilitates international trading. Businesses go abroad in seeking better financial incentives, stronger networks, and markets of opportunities. But at the same time, the complexities in terms or risks involved in international operation are more than domestic firms. Respond to the following in a minimum of 175 words:

o Discuss how to manage cultural risks and other factors related to a foreign operation of a multinational business. Is cultural, business, or political risk more challenging to overcome than one of the others? Why or why not? How should American standards influence multinational businesses?

b) When you've come up with the moment, write two fully developed paragraphs in addition to your introduction explaining it to your classmates. In the first paragraph, describe the moment of persuasion so that your instructor and peers can "see" it. In the second paragraph, explain why you felt like that moment of persuasion was either successful or unsuccessful. What strategies or techniques did you use to try to get the person to side with you?

The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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