In 3-4 paragraph please describe what Socio-Cultural Factors to Consider with Honda Motor
Company?
Solution
Honda is a global brand originated from Japan. It is well known for its automobile, equipments,
space related products etc. It has a diversified workforce across the globe. The socio-cultural
factors can be described under the following headings,
1) Demographic factors:
Honda might see the population of youth resides in India and China. It might launch products
targeting to cater benefits from these demographic dividends. Even, it might launch products for
old age persons or vehicles’ which supported joint family.
2) Education and Literacy:
To hire people to its business, it might target a country where education can led to awareness
about Honda programs and budgets. Even, skilled people can be easily hired. It also tries to
reduce their cost with low cost of labor from china, India and African countries. Young
graduates might be selected to do different jobs in the company.
3) Cultural relationship with the host country:
While making a business deal, it will try to see the relationship of Japan as a country. It will also
invest in those locations where people value the relationship and respect the Japanese companies.
4) Ethically sound people with Honesty as characteristics:
A company from Japan believes in contributing to those countries where growth, development
etc. will be the part of a peaceful infrastructure to sustain in the global peaceful environment.
Even, the citizens of the country must promote ethically sound behaviour ..
In 3-4 paragraph please describe what Socio-Cultural Factors to Cons.pdf
1. In 3-4 paragraph please describe what Socio-Cultural Factors to Consider with Honda Motor
Company?
Solution
Honda is a global brand originated from Japan. It is well known for its automobile, equipments,
space related products etc. It has a diversified workforce across the globe. The socio-cultural
factors can be described under the following headings,
1) Demographic factors:
Honda might see the population of youth resides in India and China. It might launch products
targeting to cater benefits from these demographic dividends. Even, it might launch products for
old age persons or vehicles’ which supported joint family.
2) Education and Literacy:
To hire people to its business, it might target a country where education can led to awareness
about Honda programs and budgets. Even, skilled people can be easily hired. It also tries to
reduce their cost with low cost of labor from china, India and African countries. Young
graduates might be selected to do different jobs in the company.
3) Cultural relationship with the host country:
While making a business deal, it will try to see the relationship of Japan as a country. It will also
invest in those locations where people value the relationship and respect the Japanese companies.
4) Ethically sound people with Honesty as characteristics:
A company from Japan believes in contributing to those countries where growth, development
etc. will be the part of a peaceful infrastructure to sustain in the global peaceful environment.
Even, the citizens of the country must promote ethically sound behaviour .
