Cultural, ethnic, social, and educational characteristics
A regional bank has decided to open an office overseas for serving those businesses that are expanding internationally. Choose a country with a large financial center that you believe would be helpful to your customer base. For the country please select Switzerland.
Discuss some of the challenges you may face in this new environment.
What are the cultural, ethnic, social, and educational characteristics?
Describe the political and legal systems.
How much does the government intervene in the private sector?
How will that affect your financial institution?
What type of economic system does it have?
What is the history of that economic system?
How is the country involved in international trade?
How does the government get involved in trade issues?
Will that help or hurt your financial institution?