Waldorf University Cultural Political Legal & Economic Differences Presentation

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SryvkOengb

Business Finance

Waldorf University

Description

the comparison is between the US and Qatar 

The success and failure of a firm around the globe are, to a large extent, determined by its ability to understand and take advantage of the cultural, political, legal, and economic differences between countries. For the purposes of this assignment, assume you are an employee of a U.S. firm that is considering doing business in the country assigned to you below which is Qatar. Research the cultural, political, legal and economic differences between your assigned country and the United States.What are the most significant differences (or risks, in the sense that if you do not consider them they could be detriments to your success) that your firm should be aware of when conducting business in this country?Come to class prepared to lead a 3-5 minute presentation that articulates your evaluation of the key cultural, political, legal and economic differences. You can use examples or anecdotes, if you find them to be helpful in supporting your case.

Explanation & Answer:
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Explanation & Answer

here it is

Reasons for not
Setting up Business
in Qatar

Political Reasons


The Arabian feuds between the gulf countries is affecting the
positioning of the country as a business friendly environment.



Qatar has been accused of funding terrorists and has been cut from
diplomatic ties with Egypt, Saudi Arabia, Bahrain and united Arab
Emirates. Economic sanctions have been imposed on the country.



Some Global banks are reconsidering working with Qatar after the
country was sanctioned by the other gulf countries(Thanh-Dam
Truong, 2013).

Cultural Reasons







...


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