Over the course of the twentieth century, Mexico has undergone notable changes. Although the country is currently mired is social inequality, research on the economic, political and social stability of the country seems to suggest that the country is on its way to quickly becoming a formidable international super power. Through a careful examination of the strengths, weaknesses, opportunities and threats facing the country along with Hofstede's Dimensions of Culture and a consideration of the business and etiquette issues shaping relationships in the country, this investigation concludes the conducting business in the country would be a positive step for most organizations. Although specific issues of consideration are noted in the summary recommendations, overall it is clear that organizations expanding operations into Mexico could do quite well overall.
[...] Embassy for the latest information with regard to potential kidnapping threats. Finally, the CIA notes that the export of heroin and marijuana from Mexico remains a standing issue in terms of international politics. Although the Mexican government has taken a number of notable steps to help reduce the traffic of drugs into the United States, as a gateway between North and South America, Mexico remains one of the world's largest exporters of illegal drugs. Noting the most significant drug issues, the CIA notes the following: “largest foreign supplier of marijuana and methamphetamine to the US market; continues as the primary transshipment country for US-bound cocaine from South America, accounting for about 70 percent of estimated annual cocaine movement to the (Mexico). [...]
[...] By examining the county in this manner, it will be possible to provide a comprehensive understanding of the specific economic, political and social issues that may reinforce or retract from the decision for an organization to conduct business in Mexico. Through a synthesis of all the information provided in this investigation, it will then be possible to make a definitive recommendation about the ability of the organization to be successful in developing business operations in this foreign environment. SWOT Analysis Strengths Figure 1 provides a map of Mexico. [...]
[...] As such, those seeking investment opportunities in the country should consider the context of potential political tensions that may result as a consequence of poor international organization participation on the part of the Mexican government. Further complicating investment opportunities in Mexico are the environmental concerns that have reduced water supply to various regions of Mexico. According to the CIA, “prolonged drought, population growth, and outmoded practices and infrastructure in the border region have strained water-sharing arrangements with the (Mexico). Even though the U.S. [...]
[...] The lowest ranking for Mexico is individualism. The score for the country is 30, compared with an average of 21 for most Latin American countries. Low individualism scores reflect a collectivist attitude of the country. “This is manifest in a close long-term commitment to the member 'group', be that a family, extended family, or extended relationships. Loyalty in a collectivist culture is paramount, and over-rides most other societal rules and regulations. The society fosters strong relationships where everyone takes responsibility for fellow members of their group” (Geert Hofstede , 2003). [...]
[...] A blouse with a skirt or pants is suitable for female casual dress. Again classic colors with camel should be worn to provide a polished image. In almost all settings, jeans are not appropriate. Businesspeople in Mexico are generally offended by tight or low cut clothing. Standing with one's hands on their hips is considered aggressive while placing hands in the pockets is considered impolite. To show respect Mexicans do not make eye contact. Lack of eye contact should not be taken as an affront. [...]
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