Answer to Question #152710 in Economics of Enterprise for sevgi

Question

Culture plays a key role in business. In what ways have movies, documentaries, special programs (TV, educational etc.), internet search influenced managerial tasks, company activities, and other ways of doing business around the world? Can watching movies, documentaries, special programs (TV, educational etc.), internet search be an effective way of learning how to do business abroad? Justify your answer.

Answer 1

i) They are a new source of product promotion since most of the institutions use the platforms to advertise and promote their products.

ii) Sites such as Internet, documentaries contain informations rich in ideas on how to run a business so as to achieve the objectives.

iii) Special programs equips employees in an institution with more and advanced skills to deliver in the place they best fit in the companies.

Yes

They offer ideas and skills on how to use currencies of several countries helping in exchange of products for companies and institutions. They also give ideas on how to network with other countries and companies from abroad.