Global Entrepreneurship

TOPIC:

Write a $1-2$ page report exploring the role of entrepreneurship in today$$s multicultural

and globalized economy.

Pretend you were about to start a business in another country or wanted to involve your

business with another foreign nation. For example, you can choose Saudi Arabia,

Thailand, China, Yemen, Mexico, France, Russia, Jamaica, Brazil, Canada, etc. $($you

can only choose ONE COUNTRY!$)$

You will write a brief report on your chosen nation you would want to potentially start a

business in and discuss the different types of impacts it would have when it comes to

global entrepreneurship.

Reflect on how entrepreneurs contribute to the economy, innovation, and cultural

exchange, and discuss their impact on global markets and societies.

This is the guideline of questions you should follow and answer to create your report:

Note: Each paragraph should be in between $5-10$ sentences, no more than $10$

sentences! You do not need to answer every question for the following guidelines but

this should help you know or have an idea on what to write.

$1)$ Use an appropriate title for your research report. Also include: your name, the

teacher$$s name, BDI$3$C$1.$

$2)$ Introductory Paragraph in $4-10$ sentences::

$$ State the country you will be looking at and find their cultural norms:

explaining the importance of entrepreneurship in a global and multicultural

context.

$$ Brief introduction or description of what the country you will be doing is

known for, where it is located, history, economy, population, etc.

$3)1$st Main Paragraph in $5-10$ sentences: Discuss the cultural or societal impacts

for your chosen country: For example;

$$ Attire$/$Clothing:

$$ what$$s appropriate

$$ what is inappropriate

$$ colours

$$ Customs:

$$ should you bring a gift? What gifts are appropriate? What gifts are

offensive?$$ Business Cards: importance? Rules for presentation of card? Languages

on card?

$$ Meetings at office or elsewhere? E$.$g$.$ restaurants, homes, etc

$$ Communication

$$ How is it different?

$$ E$.$g$.$ saying one thing but meaning another? $($saying $$yes$$ even though

they really mean $$no$-$ but consider $$no$$ rude and too direct$)$

$$ inappropriate or offensive gestures

$$ use of eye contact

$$ First names or titles? $($E$.$g$.$ Mr $)$

$$ Behaviour:

$$ handshakes?

$$ should you let the foreign associate talk first?

$$ should you stand up when the host enters?

$$ other things?

It can be religion, cultural celebrations or other foreign factors that can impact the

entrepreneurial venture.

$4)2$nd Main Paragraph in $4-10$ sentences $($you can choose one or more of the

following prompts or questions to write your main paragraph$)$:

$-$ Economic Impact:

Discuss how entrepreneurship stimulates economic growth by creating jobs,

fostering competition, and contributing to GDP in various regions. For example,

think of how strong the nation$$s dollar is or the nation$$s resources.

$-$ Cultural and Social Impact:

Explain how entrepreneurs bring diverse cultural perspectives, introduce

innovative ideas, and promote cross$-$cultural exchanges. Think of religious or

cultural norms in foreign nations.

$-$ Global Markets and Innovation:

Describe how entrepreneurship drives innovation and global market integration,

focusing on how small businesses or start$-$ups expand beyond local borders.

Think of the local or global competition that can affect the beginning of your

entrepreneurial journey.

$5)$ Closing Paragraph in in $4-8$ sentences:

$$ Summarize key points on the role of entrepreneurship in the global

economy.

$$ Discuss why entrepreneurship is essential in today's interconnected world

$$ What are your scale of entrepreneurship