Prepare a presentation describing the current general business conditions and infrastructure for business for the country that you have chosen for your final project. Use the cultural iceberg information in Chapter 4 (page 87) of the textbook and The Hofstede Centre as information sources. Provide additional information from other sources. Use GlobalEDGE and your own research and a country-specific cultural website. YouTube is also a good resource for cultural information, especially for music. Useful information for institutional infrastructure can be found at The World Factbook, Doing Business, and XE.com.
Your presentation for Milestone Two should include the following information:
1. Find cultural aspects for each of the following and discuss how these affect business conditions in the specific country:
1.1.1.High Culture – Literature and classical music
1.1.2.Folk Culture – Religion, popular music, diet, dress, and holidays
1.1.3.Social Culture – Gender roles, greeting rituals, power distance, nonverbal communication, individualism vs. collectivism, and uncertainty
avoidance
2. Describe the country’s infrastructure in general and discuss how this affects business conditions in the specific country, including: 2.1.1.Financial Infrastructure – What currency is in use in this country? What is its current exchange rate to USD? How is the exchange rate
determined? Is there a central bank, commercial banks, national stock exchanges, and bond markets? Does the country have any loans from
World Bank?
2.1.2. Financial/Legal Environment for Business –
Is it possible for a foreign company to borrow
2.1.3.Physical Infrastructure – Briefly describe access by road, rail, waterways; stability of power supply; and communication (cellular and internet
coverage)
Guidelines for Submission: Use one of the following presentation formats: PowerPoint (PPT), Prezi, Pixxa Perspective, or Haiku Deck. Use discipline-appropriate citations for all information, including pictures. Presentation length requirements: 5–8 slides.
Instructor Feedback: This activity uses an integrated rubric in Blackboard. Students can view instructor feedback in the Grade Center. For more information, review these instructions.
What are the laws for banking for a foreign corporation to own a business? Are they required to
enter in a joint venture with a domestic company?
money from local banks?

Critical Elements
Exemplary (100%)
Proficient (85%)
Needs Improvement (55%)
Not Evident (0%)
Value
Business Conditions – Impact of High Culture
Meets “Proficient” criteria and highlights key implications for international business
Discusses the country’s high culture and the effect on business
Discusses the country’s high culture; however, key aspects are missing or inaccurate
Does not discuss the country’s high culture and the effect on business
15

Business Conditions – Impact of Folk Culture
Meets “Proficient” criteria and highlights key implications for international business
Discusses the country’s folk culture and the effect on business
Discusses the country’s folk culture; however, key aspects are missing or inaccurate
Does not discuss the country’s folk culture and the effect on business
15
Business Conditions – Impact of Social Culture
Meets “Proficient” criteria and highlights key implications for international business
Discusses the country’s social culture and the effect on business
Discusses aspects of social culture; however, key aspects are missing
Does not discuss social culture and the effect on business
15
Financial Infrastructure
Meets “Proficient” criteria and highlights key aspects relevant to international business
Describes aspects of the financial infrastructure in the country and the effect on business
Describes the financial infrastructure in the country; however, key aspects are missing or inaccurate
Does not describe the financial infrastructure and the effect on business
15

Financial /Legal Environment for Business
Meets “Proficient” criteria and highlights key aspects relevant to international business

Describes the financial/legal environment and the effect on business
Describes the financial/legal environment; however, key aspects are missing or inaccurate
Does describe the financial/legal environment and the effect on business
15
Physical Infrastructure
Meets “Proficient” criteria and effectively illustrates the importance of physical infrastructure to international business
Describes the physical infrastructure in the country and its effect on business

Describes the physical infrastructure in the country; however, key aspects are missing or inaccurate
Does not describe the physical infrastructure and the effect on business
15
Presentation (Mechanics)
Presentation has no errors related to grammar, organization, or style, and information is supported by relevant images
Presentation has no major errors related to grammar, organization, or style, and information is supported by relevant images
Presentation has major errors related to grammar and organization, or information is not adequately supported by relevant images, which negatively affects understanding of the country’s main features
Presentation has critical errors related to grammar and organization; information is not supported by relevant images, which negatively affects understanding of the country’s main features