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The Dominican Republic

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The Dominican Republic
The Dominican Republic is located in the Caribbean. The Dominican Republic borders the Caribbean Sea, North Atlantic Ocean, and Haiti. The population recorded July 2016 in the World Fact book is 10,606,865. The Dominican Republic is ranked 88th on highest population, while the United States is ranked 4th. The official language of the Dominican Republic is Spanish and 95% of the population is of the Catholic religion. The capital of the Dominican Republic is Santo Domingo. The Dominican Republic sells items such as cocoa, tobacco, sugarcane, coffee, cotton, rice, beans, potatoes, corn, bananas; cattle, pigs, dairy products, beef, eggs. The industries that the Dominican Republic has are tourism, sugar processing, gold mining, textiles, cement, …show more content…
feminine score of the Dominican Republic is recorded at 65 while the United States has a score of 40. The Dominican Republic and the United States are similar in how the countries look at men and women in society. The long term vs. short term of the Dominican Republic is recorded at 13 while the United States has a score of 26. This means that both countries have a normative culture that is suspicious to change. (Geert Hofstede.) Looking at the Geert Hofstede score of both the Dominican Republic and the United States, the countries have some similarities and differences in their managerial implications. The Dominican Republic is more of a collective culture that believes in power distance and is more adapt to change. This is something to think about when doing business with the Dominican Republic compared to the United States that is more individualist and people wanting to move up on the hierarchal chain of command. The scores of the United States and the Dominican Republic can be shown in figure 2 of the appendix.
Ethics & Social
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This law regulates soil, water and air contamination, dangerous products, elements and substances, domestic and municipal waste, human settlings and sonic contamination. Companies must obtain environmental licenses and permits to do business in the Dominican Republic. (Group, 2. M.) Corruption is a serious problem in the Dominican Republic. The heritage website tells how drug cartels pay police officers monthly payments. There has been a lot of corruption involved in the Dominican Republic. That being in mind, the assumed ethics philosophy that would fit this would be naïve immoralist. Our Global Business Today defines naïve immoralist as one who asserts that if a manager of a multinational sees that firms from other nations are not following ethical norms in a host nation, that manager should not either (McGraw-Hill Connect). The managerial implications that are involved being a naïve immoralist can cause legal situations. The Dominican Republic is slowly improving on laws related to human rights, environment, and corruption. As a business coming in, it is better to be held to higher standards because of the growing concern in the Dominican

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