All managers must seek to recognise, understand and respect foreign customs and market differences. 1. ... There is no flexibility for employees working in foreign locations and there will be difficulties in building good business relationships in the host nation. ... Disadvantages of this view are that duplication of work efforts and facilities in both the home nation and foreign host nation leads to inefficiencies and ineffective use of resources. ... Factors to consider in a foreign environment (a) Legal-political environment - some nations have a history of unstable government whil...

• Word Count: 826
• Approx Pages: 3
• Grade Level: Undergraduate

• Business and economic aspects of globalization are discussed in Business: Current Trends, Foreign Trade: World Trade, World Trade Organization, and North American Free Trade Agreement, among others. ... Governments and corporations have gained vast amounts of political power through military might and economic influence. ...

• Word Count: 446
• Approx Pages: 2
• Grade Level: Undergraduate

Canadian resources are appealing for foreign investors who may be interested in investing in Canadian operations.. ... Japan's Foreign Direct investment in Canada in 2011 was C$12.8 billion, which came from 330 Japanese subsidiaries and affiliate companies that worked in Canada. ... The Anti-nuclear movement ties in with the spirit of peace Japan maintains, having been excluded from any military activity since World War II. ...

• Word Count: 1002
• Approx Pages: 4
• Grade Level: Undergraduate