Question: Only two questions needed to be answered. In Component 2: Hofstede's Value.......... and Implications for communication...... potential. Answers must be related to the company Grace

Only two questions needed to be answered. In Component 2: Hofstede's Value.......... and Implications for communication...... potential.
Answers must be related to the company Grace Kennedy, country Jamaica vs Vietnam.
Component 1 In this component groups are to take the perspective of International Managers of a Jamaican organization, such as a local franchise, manufacturer, or service organization - that is seeking to set up operations in another country, Groups are required to identify the company/country combination by Week 7 (February 23rd or 24th), and submit to their tutor. No two groups may have the same combination. Respective groups are required to collaborate on this issue. Using the data collected, recommend key decisions that the Jamaican organization should be mindful of, to achieve successful entry into the foreign country. This component will cover the following areas: Foreign Direct Investment Confidence Index Global Competitiveness Index Corruption Perception Index Risk Assessment o Global o Regional o National Global Environmental Scanning o Infrastructure constraints o Investment incentives and market potential o Cultural, social and technological suitability o Competitive Analysis Component 2 In this component groups are to take the perspective of International Managers of a foreign organization seeking to do business in Jamaica. The groups should gather data (listed below) and develop a cultural profile for each country and predict any issues that may occur in communication and negotiations. Recommendations should be given on issues the foreign organization should anticipate in these activities. The following areas should be included: GLOBE Value Dimensions scores and rankings Hofstede's Value Dimensions scores and ranking Comparative Cultural Profile: Foreign country and Jamaica Implications for Communication and Negotiations identify potentialStep by Step Solution
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