International Business Department
Culture and Organizations
TABLE OF CONTENTS
1. INTRODUCTION AND HISTORICAL CONTEXT 4
1.1 Why is called Latin America ? 4
1.2 Historical background 4
1.3 The government-Business relationship 4
1.3.1 Privatizations 5
1.4 Regional Economic Integration 5
1.4.1 Barriers to trade and invest in Latin America 5
1.5 Latin America MNE´S 5
2. LATIN AMERICAN WORKING AND MANAGEMENT CULTURE. 7
Is Latin America an homogeneous continent, from the working environment perspective?
• To analyze Latin American historical background
• To review what has been written about Latin American working culture focusing on management styles and human resources´ management.
• To determine whether Latin American working culture can be treated as homogeneous.
INTRODUCTION AND HISTORICAL CONTEXT
1 Why is called Latin America ?
“Latin America is a region of the Americas where Romance languages, those derived from Latin particularly Spanish, Portuguese, and variably French are primarily spoken”
2 Historical background
To understand the history of International Business in Latin America it is necessary to begin with a look in the eighteenth century were all of the countries in the region were colonies of the European powers and the commerce were tightly tied to the home country.
But with the independence the IB had been taking a major role in Latin America because it is possible to consider that the first international business in the region was financing by the Latin American governments for the wars independence and since that moment these countries began to involved with IB, exchanging “raw materials, such as gold and silver exported for products from Europe like clothing, iron and manufactured... [continues]
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(2010, 10). Latin America. StudyMode.com. Retrieved 10, 2010, from http://www.studymode.com/essays/Latin-America-429857.html
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"Latin America." StudyMode.com. 10, 2010. Accessed 10, 2010. http://www.studymode.com/essays/Latin-America-429857.html.