Business Studies, asked by Alamkhan9029, 11 months ago

Impact of foreign culture in business environment

Answers

Answered by xxZUBAKOxx
4

Explanation:

The influence of cultural factors on business is extensive. Culture impacts how employees are best managed based on their values and priorities. It also impacts the functional areas of marketing, sales, and distribution. It can affect a company's analysis and decision on how best to enter a new market.

Answered by gratefuljarette
4

The impact of culture has initiated a domain of multi cultural  environment in the field of business. It has brought the world closer with business houses across the borders wanting to do business in the country

Explanation:

  • Doing business on a global basis the main aspect of  of a successful business relationship has very little to do with the agreement or the contracts. It is based more on inter-personal relationships  
  • The impact of foreign culture on business has brought different people in connect with other cultures of the world and it gives them an understanding of different cultures and behavior of the people globally
  • The effect of globalization has created more avenues for business in the country in the areas of marketing, sales,  distribution, and transfer of technology from across the borders

To know more about globalization

Effects of globalization on India of chapter globalization in making of global world

https://brainly.in/question/15901578

Similar questions