Question

• Your firm is considering building a new manufacturing and distribution facility via direct investment in Latin America. Management narrowed the potential locations to Mexico, Bolivia, and Venezuela. Evaluate any cultural barriers your firm may experience in each of the three countries.

Answer 1

1. Mexico - Obviously, every Latin American feels in some way very familiar with them as a result of their music, TV shows, sitcoms, telenovelas, and films being all over the television and radios back in our home countries for the past 40 years or so. They are universally known for eating tacos and tons of unpronounceable dishes. They also speak a very nice, clean Spanish, except when they want to use their jargon which takes some getting used to but if you watch their novelas and TV shows, you quickly become acquainted with it. Aside from all of those things, and from them being the largest Spanish-speaking nation on Earth, they seem in many ways similar to the rest of us.

2. Bolivia - I don't know much about them, I just know they have a rich indigenous culture.Bolivian culture is very diverse thanks to the differing origins of the Bolivian people. Bolivian society includes people of Spanish origin, descendants of the colonizers, indigenous groups from the Andes and mestizos, those who are a mixture of the two.