Business in Other Countries Essay
Base of the Pyramid In order to sell a more expensive product, such as a bicycle, we need to make sure we aren't selling to a civilization that's on the base of …show more content…
Legal Systems According to The World Factbook (2015), Japan is under civil law with Japanese traditions, Costa Rica is civil law based on Spanish civil code, and Pakistan is common law with Islamic influence. This is important to identify due to the fact that if we do business in these countries we will have to abide by their rules and law systems.
Economic Systems Japan lands in more of a free market range with the unordinary government guidelines. Costa Rica is a mixed economic system that includes a little bit of free market policies as well as command policies. Lastly, Pakistan has mixed economy as well. When selling in other countries it is important to know the type of economic system you are dealing with. Most countries have mixed economies but with different levels of command in them. It would be easier to sell in Japan where more of a free market exists because that type of economy welcomes new comers. In a mixed economy with more command control then it may be harder to enter the market depending on the economic well being of a nation.
Japan’s religion is a mixture of Buddhism and Shintoism, neither aspect of their religion play a big role when doing business (Victor). Costa Rica is predominately Catholic, thus it will not affect business drastically. Pakistan on the other hand is over ninety percent Muslim, and for