Preview

distance still matters

Satisfactory Essays
Open Document
Open Document
318 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
distance still matters
Distance Still Matter

According to the Harvard article “ Distance Still Matters ” economists and researchers use the term “distance” as the unit of difference from country to country in the four main dimensions: cultural, administrative, geographical, and economic, based on the art. Please describe them.
Cultural dimensions have an impact on distance first off because of the different languages. There are different ethnicities and there is a lack of communication between the different cultures, which makes it hard to understand each other. Religion holds a main part in distance because each religion has its own values and beliefs therefore it makes it hard to understand one another.
Administrative dimensions have a great absence of colonial ties. Each government has different views and political power. Government policies go back to cultural and political views. For example in some Muslim Countries they abide by the sharia law and in the U.S we have democrats and republicans. There’s also an absence of shared monetary or political association.
Geographic dimensions relate to distance because of physical remoteness. The size of a country can have an impact on power. The lack of sea or river access/ weak transportation can make it hard for goods to go in and out therefore it makes it hard to do business. The differences in climate can affect agricultural businesses.
Economic dimensions have differences such as consumer incomes. In every country there are differences in costs and quality of material and natural resources. Economic demand varies with income levels and the lifestyles that people are living. For example in the U.S, California has a higher rate of expenses compared to India, and that is because the nature of demand. Globally many foreign countries fear of no insurance in businesses. For example when a store is struck by a natural disaster there is no way of recouping the value of what that store costs unlike in America.

You May Also Find These Documents Helpful

  • Good Essays

    Geographic factors often influence United States government actions, both foreign and domestic. Some of these factors include location, physical environment, movement of people, climate, and resources. Although these geographic factors can lead to increase in our countries land size and some positive outcomes, there are also chances for negative outcomes.…

    • 550 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Throughout history, geography has affected how areas develop because certain geographic factors cause different patterns of development. Additionally, once developed, those factors either encourage or impede cultural diffusion. Mountains caused the creation of city-states in Greece and hindered cultural diffusion while the location of East Africa led to small Swahili States and encouraged cultural diffusion.…

    • 539 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Some countries are very similiar to other economies while some are the exact opposite. For example a country could have a whealthy economy while another country could have a poor one , just like the U.S. compared to Cuba.…

    • 429 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Distance Between Us

    • 833 Words
    • 4 Pages

    In the memoir, “The Distance Between Us,” by Reyna Grande, Reyna explains how her and her three siblings managed to grow up without any parents. Mago, Carlos, Reyna and their new sister, Betty, all live a rough life without any real type of love from their parents so they have to rely on each other for guidance and support. The four Grande children formed a special bond over the years that they will not leave anyone behind. Each character in the memoir contributes significant personality traits that help the others cope with their current situation.…

    • 833 Words
    • 4 Pages
    Good Essays
  • Good Essays

    5. What are the four spatial distances observed in Western cultures, and for which people or situations are each typically reserved?…

    • 1056 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Chap015

    • 10530 Words
    • 59 Pages

    10. Cultures with small power distance stress putting relationships before money, helping others, and preserving the environment.…

    • 10530 Words
    • 59 Pages
    Satisfactory Essays
  • Good Essays

    Culture Convergence

    • 363 Words
    • 2 Pages

    Since early days, time and distance has become borderless as business entities begin to grow and spread their roots all over the world. It becomes unavoidable for one country without being any related to other countries in any business. Each and every individual have their own culture and being proud of it, but when the relation between two entities (individuals or countries) happens, the cultures may converge due to obtain mutual understanding and avoid a conflict.…

    • 363 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Geographic factors often play a major role in a nation’s historical, political, social, and economic development. Geography is a study of the earths features such as its land, rocks, oceans, etc. The earth consists of many geographic features such as peninsulas, desserts, mountains, rain forests, archipelagos and etc. Two geographic features that impacted the development of Russia and Egypt are river valleys and lack of warm water ports. The lack of warm water ports has had a negative effect on…

    • 309 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Culture differences in language, customs, behaviors and so on. Sometimes, culture may set a barrier to communication between individuals. People with different cultural backgrounds may think their culture is the best. This thought may affect the communication between individuals from different cultural backgrounds and set barrier to our stable and harmonious society.…

    • 287 Words
    • 2 Pages
    Good Essays
  • Good Essays

    The distances in which people feel comfortable vary from culture to culture. Some societies value individualism and require more personal space. Whereas other cultures view excessive distance as rude or unfriendly. (Unknown, 2007)…

    • 649 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Argos Entry in China

    • 599 Words
    • 3 Pages

    What is the nature of the competition if Argos moves to China? What issues are you concerned about here? What, if anything, can you do??…

    • 599 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Final Exam

    • 636 Words
    • 3 Pages

    26. Cross-country differences in wage rates, worker productivity, energy costs, environmental regulations, tax rates, inflation rates, and the like…

    • 636 Words
    • 3 Pages
    Good Essays
  • Good Essays

    -Distance decay is a geographical term which describes the effect of distance on cultural or spatial interactions. The distance decay effect states that the interaction between two locales declines as the distance between them increases…

    • 1568 Words
    • 7 Pages
    Good Essays
  • Satisfactory Essays

    FIFA corruption

    • 563 Words
    • 2 Pages

    I think the dimension of Commercial Infrastructure would have a greater impact for a company that markets laptop computer because it is measured using a very relevant indicator of number of Pcs (per 1000 habitants). This dimension also created using indicators such as number of cellular mobile…

    • 563 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Thematic Essay Example

    • 465 Words
    • 2 Pages

    Geography might not seem like a crucial point nowadays but it has impacted many civilizations throughout the past history. Two civilizations that geography has had a pivotal impact on are Mesopotamia and the Indus River Valley civilization. Geography doesn’t always have a positive impact. Geography can have also a very downhill negative impact. The geography of a place, such as Mesopotamia and the Indus River Valley, play an important role in economic growth and progress like it did with the issue of invasion and isolation in these two civilizations.…

    • 465 Words
    • 2 Pages
    Satisfactory Essays