Impact of foreign culture in business environment
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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.
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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
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