South Africa Essay

638 Words3 Pages
(1) In what way could the huge cultural diversity in South Africa pose challenges for MNCs seeking to set up business there? • the cultural, social and economic diversity will pose challenges o even within the different racial groups there is a huge variety that has to be considered • recruiting a workforce • interracial language barriers and even within the races • different groups might react to different management styls and organizational structures (hierarchy, compensation, labor relations, time) • very different educational background • historic rivalaries and wounds have to be considered • marketing strategies and product specification might have to be adjusted to the needs of the different ethnic groups in the country • huge difference between reliability • a lot of local specialities, depending on the region (2) How is South African culture different form or similar to U.S. culture? Similarity • melting pot with a racial discrimination history Differences • infrastructure development • educational background • housing and living • crime rate • corruption, black quotes for jobs in public authorities o not the most qualified people were chosen • mistrust against white, due to historic background • huge inequality in the distrubtion of money – social gap (3) In what way could South Africa benefit from hosting the World Cup in the long run? • 2010 – World Cup Soccer provided significant economic stimulus, with more than 160,000 net new jobs created o in advance of the Games South Africa invested heavily in transportation infrastructure • finished most of the first section of their new high-speed Gautrain passenger railway and installed new bus lines • highway have been upgraded • Durban managed to complete South Africa’s first new Greenfield airport in 50 years o the infrastructure projects are creating employment
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