Tuesday, May 14, 2019
U.S. and international business operations and environments Essay
U.S. and worldwide business trading trading operations and environments - Essay ExampleCultural diversity identifies one of the differences. The American domestic culture is largely kindred and identifies uniform behaviors and practices in business negotiations and agreements. This is however contrary to the international environment that has diversified cultures and requires extensive knowledge of the cultures for successful business initiatives. Failure to understand the different cultures disadvantages operations in the international environment as opposed to experiences United States domestic position up. lineage operations in the Unites States majorly uses the U.S. Dollar for transactions while operations in the international environment encounters many currencies, requires money conversion and is susceptible to losses due to variations in currency values. Business operations and environment in the United States atomic number 18 also subject to a homogeneous legal envi ronment under the federal laws and variations within state laws are not very significant while operations and environments in international set ups are regulated by different legal systems. Similarly, moral obligations, as derived from cultures, are homogeneous in the domestic business environment but diversified in international set up. Business operations in the United States are also majorly conducted in English while the international set up involves a multilingual approach that sometimes requires translators (Dlabay, Scott and Scott, 2010).Business operations and environments in the United States are therefore different from those in the international set up with culture, currency, legal environment, language, and ethics as the major bases for the
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