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Differences in the social, cultural, economic, legal and political conditions of the country affect international business procedures in Haiti.

Date Submitted: 01/27/2002 03:54:42
Category: / Business & Economy
Length: 3 pages (728 words)
Views: 82374

Many aspects affect the way international business is conducted. Differences in the social, cultural, economic, legal and political conditions of the country affect international business procedures in different levels and degree depending on the countries infrastructure and relationship. Social differences range from a country's income per consumer, literacy rates, religious beliefs and code of ethics. Social conditions affect the way companies conduct business and the development and promotion of products. Social differences in Haiti post …

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…three decades of dictatorship followed by a political crisis stemming from fraudulent legislative elections in 2000, which have not yet been resolved; this in turn negatively affects international business. Despite all the factors that can potentially derail collaborations between countries, the commitment to the progress of ones country, consumer need for products not readily available, potential economic growth through trade and the rapid increase of sales through the internet will enviably help bridge the global markets.

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