Question

In: Economics

Choose two countries (except the US and Japan) that appear to be culturally diverse. Compare the...

Choose two countries (except the US and Japan) that appear to be culturally diverse. Compare the culture of those countries, and then indicate how cultural differences influence (a) the costs of doing business in each country, (b) the likely future economic development of that country, and (c) business practices.

Solutions

Expert Solution

We have taken India and Germany as two countries to compare the business aspects. India has rich cultural diversities, low wage workers and corruption in the economy while Germans are stringent in nature and it has a huge consumer market but driven by government regulations and European union rules and regulations.


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