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How important is understanding; demography, culture, ideology and history of people from other countries when doing...

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Finance

How important is understanding; demography, culture, ideologyand history of people from other countries when doing businessthere? An argument is that people want what we have and theirtastes are the same, here are some universal products; McDonalds,Calvin Klein Jeans, Apple Phones, an Ray Ban sunglasses. Defend ornot an argument for population demographic research inInternational Business

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Answer Demography culture ideology and history of people play an important role while doing business nationally and internationally Demographic features These refer to the age sex caste income etc Companies make products or provide services according to age of people their target market can be children young people or old age people a    See Answer
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How important is understanding; demography, culture, ideologyand history of people from other countries when doing businessthere? An argument is that people want what we have and theirtastes are the same, here are some universal products; McDonalds,Calvin Klein Jeans, Apple Phones, an Ray Ban sunglasses. Defend ornot an argument for population demographic research inInternational Business

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