Describe in detail two key concepts learned from the class.
Describe in detail two key concepts learned from the class.
One of these concepts should refer to your participation in the company analysis process (the Stage assignments you completed).
Other concepts can be taken from the course textbook (Social Responsibility, Business Ethics, Product and Promotion, Pricing, etc.), current events, or any of the lectures or class activities.
Describe how each of these concepts can be applied to your future career and/or life in general. (48 points, 2 FULL pages (minimum) double spaced).
Understanding local sociocultural differences is one of the keys to success in a global market. Choose a country outside the US and describe in detail the culture, and the social structure (customs, traditions, roles, norms) of that country. Identify cultural practices and social structures that would affect your business (either Monster Beverage or the product you created for your commercial). Outline the major steps and decisions that you would make to accurately incorporate these practices and structures in operating, marketing, and financing your business if you were to set up business in that country. Describe how these practices can benefit your business and why your business would be successful there. (48 points, 2 FULL pages (minimum) double spaced).
Final-Exam-Reflection-Assignment-
Answer preview to describe in detail two key concepts learned from the class.
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