Problem
A. Is there any relationship between the culture of a given country and the extent to which it will likely have a dynamic, growing economy? Are there cultures that would be more likely to limit economic growth and even result in poverty? Defend your answer.
B. Do you agree that managers and firms really pursue their interests? Why or why not?
C. What are the pros and cons of expanding into a totalitarian country?
D. Why is it important to understand formal institutions before entering a country? Explain by using an example.
E. Why is an understanding of human relations within a culture sometimes more important than legal expertise?