Changes to the accounting standards in Egypt. This case combines culture, politics and business principles
In this case you look at changes to the accounting standards in Egypt. This case combines culture, politics and business principles. The case can be accessed at the attached file.
CASE Assignment
Please go to the Coursenet Library Portal and find the following 3 articles. Refer to these materials as needed in your 4 page essay.
Wade, Jared (2004),”The Pitfalls of Cross-Cultural Business”, Risk Management, March 2004, v 51, Pages: 38-43 from library portal via coursenet.
Gibson, R. (2006), Small Business (A Special Report); Foreign Flavors: When going abroad, you should think of franchising as a cookie-cutter business; Unless, of course, you want to succeed. Wall Street Journal September 25, 2006, Page R. 8 from library portal via coursenet.
As an example, read about Ace Hardware “international” experiences:
Carlo, Andrew M. (2006). ” Overseas Adjustment”, Home Channel News. New York: October 2006, Volume 32, Issue 13, Pages 26-28 from library portal via coursenet.
Things to include in your report:
Answer case questions (found at the end of the case): 1, 2, 3, 4, and 10. Include the material from the background and articles listed above.
Case 4 Assignment Expectations
Write a 4 page report that includes the following.
Using the mod 4 materials, discuss the problem of cultural mistakes and cultural challenges faced by Egypt in changing its accounting systems and standards.
Draw conclusions and list supporting references and cite sources.
Use appropriate writing style (organization, grammar, & spelling- see Writing Guidelines).
answer as appropriate and use headers for section titles.
…………………….Answer preview………………….
Egypt is among the Middle East largest economies and it is evidently transiting to a market economy. Egypt, which is a developing nation, has witnessed many changes in the last two decades regarding its accounting system. Egypt is at its beginning of its market economy transition and this makes the country a relatively attractive market…………………
APA
1352 words
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