CostCompetitionGovernmentSubsidiesPatentsCopyrightsTrademarksEthical business practicesOrganizational structurePublic relationsLeadershipLegal and regulatory structureInfrastructureTechnologyCultural distance refers to people's differences based
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on language, norms, national or ethnic identity, levels of trust, tolerance, respect for entrepreneurship and social networks, or other country specific qualities
Administration
In Globalization 1.0
Globalization 2.0
In Globalization 3.0
Authoritarian governments
Totalitarianism
Anarchism
Democratic governments
Free trade zones
Command Economy
Mixed economy
Traditional economies
Market economy, goods and services are owned by individuals or companies that can
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