internationalmarketing

International Business Question and answer 3

Explain the Hofstede’s Cultural Classification in the context of International Business. ANSWER: Hofstede’s Cultural Classification, developed by Dutch social psychologist Geert Hofstede, is a framework used to analyze and understand cultural differences across countries. It provides insights into how cultural values influence behavior, communication, and business practices in international business contexts. The framework consists of …

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IMPORTANCE OF INTERNATIONAL BUSINESS

INTERNATIONAL BUSINESS DYNAMICS Module 1 : Introduction In recent years, international business has acquired additional importance for host countries in particular and world economies in general as a result of developments in the following areas: Technology DiffusionTechnological developments are transmitted to every corner of the earth through the practice of international business. This transmission is …

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