Theories and Approaches to various business environments

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Theories and Approaches to various business environments

Description

Course Objectives:

  • Students will become familiarized with theories and approaches to various business environments (Domestic, Global, Technological, Political-Legal, Sociocultural, and Economic)
  • Students will evaluate the business environments of a company identified as one of Fortune’s Worst companies to learn why it is not successful.

Prompt:

Continue working with your chosen least admired company and its industry and complete the following:

  1. Identify Domestic and Global Environments (countries) that are in opposing cultural clusters (as identified in International business: theory and practice) identify which cluster(s) your two countries fit.
  2. Identify the socio-cultural parts of each country as related to business for your company.
    You will need to examine these with the aid of Geert Hofstede (see resources).
  3. Identify and discuss the various sociocultural aspects of each country. Do they differ? How? What are the similarities?
  4. How would these factors affect your company’s business in your Domestic and Global Environments (countries)?

Instructions:

  • Write a section of the final paper that details the items above.
  • Research requirement: minimum 2 scholarly sources PLUS something from your readings.
  • Page requirement: 2-3 pages in APA format.