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vichka [17]
2 years ago
8

Why the culture of a country might influence the costs of doing business in that country?

Business
1 answer:
jonny [76]2 years ago
3 0

Answer:

Culture of a country can adversely affect the business

Explanation:

The culture of a country affects the costs of doing business in that country in the following ways -

a) In some countries, companies prefer to not work during the afternoon and hence they loose a large segment of business

b) Some countries entertain corruption practices and hence business do not flourish in such countries.

c) The pattern of working of government officials in a country affect the way in which an outsider entrepreneur is affected. The bad practices lower the ease of doing business and hence the business is lost

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Bill drives faster than the speed limit only when his friends are in the car with him, because they tell him he is cool. Bill's
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