Rewrite the below
Culture consists of shared beliefs, assumptions and values of a group of people, that learn
from one another and teach others
that their way of acting, belief, and their perspectives are correct. (Cultural Intelligence for Leaders, 2012).
Customs and Tradition:
Each cultural group has its own traditions and customs, and the norms in one one culture can be significantly different from others. Thus employees especially in today’s international business world must have knowledge about the culture of whoever they are dealing with.
A fundamental set of beliefs and practices agreed upon by a group of people. Respecting religion of others is one of the vital issues in cross-cultural and cross-religious interactions because of its level of sensitivity.
A means of communication, how you communicate with others is different from how someone else from a different country communicates. Language includes verbal and non-verbal communication like emails, letters … etc.
It is an organized way in which a state or nation allocates its resources and distribute the good and services across the whole nation or one geographic area.
Different types of economic systems:
1- Islamic economy system: Based on Islamic Shariah and Islamic values.
2- Capitalism: Government supports and regulates free enterprise through decisions that affect the marketplace.
3- Socialism: Government owns the means of production like land, labor, factories- Controls distribution of goods.
4- Mixed economy system: A mix of both social economy system and socialism.
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