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MGT 448 Week 5 Foreign Travel Budget & Cultural Analysis Recent
Prepare a cost estimate and cultural analysis for a business trip from your location to a foreign location for a 3 -day meeting with a foreign partner or customer. (Note: transit time is not included in the 3 days)
1. Introduction: A brief description of the city & country of your proposed business trip.
2. Itemized Budget for all trip Costs in $US and Local Currency (Travel to Airport, Parking, Airfare, Hotel, Local transportation, Interpreter, food, etc). A spreadsheet, table, or an Itemized List of estimated Daily Costs is required. “Package Deals” through Internet Travel Consolidators are not acceptable unless they list Airfare & Local Hotel costs seperately. Be sure to specify Currency Exchange Rate used in preparing your estimate.
Please remember to itemize Local cost in Local currency. For example, Airport Parking in the USA would be in $US while Hotel Cost in Tokyo would be listed in Yen.
3. Cultural Analysis: Compare & contrast 3 cultural differences between the US and Host country using Geert Hofstede’s Cultural Dimensions. Research Source:
An example of a Trip Budget Template will be posted in the Materials Forum for your convenience. Please do not hesitate to ask if you have any questions.Please post to your Assignments Forum
Format your paper consistent with APA guidelines. Budget Table or List does not require in-text citations but must include information sources in Reference list
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