Asked by
pakaian polos
on Nov 22, 2024Verified
Relish Inc. is an American food manufacturing company that produces cereal and convenience foods. It wants to expand its market in Johivia, a country in West Asia. Which of the following is a sociocultural factor that it should consider before starting operations in Johivia?
A) Johivia's labor laws
B) The stability of trade cycles in Johivia
C) Information systems in Johivia
D) Educational standards of the people in Johivia
Sociocultural Factors
External factors including method and style of communications, religions, values and ideologies, education standards, and social structure.
Labor Laws
Regulations governing the relationship between employers and employees, focusing on rights, duties, and standards in the workplace.
- Assess the effect of economic, political, and sociocultural factors on the conduct of business across international borders.
- Comprehend the necessity of adjusting marketing and operational approaches in accordance with local traditions and legal requirements.
Verified Answer
YA
Learning Objectives
- Assess the effect of economic, political, and sociocultural factors on the conduct of business across international borders.
- Comprehend the necessity of adjusting marketing and operational approaches in accordance with local traditions and legal requirements.