Final answer:
In operating in a host country, it is important to address concerns of the host country and local community to ensure a long-term cooperative relationship. Some concerns include environmental impact, economic benefits, cultural sensitivity, and social responsibility. Plans should be implemented to address these concerns through sustainable practices, local economic development, cultural sensitivity, and social initiatives.
Step-by-step explanation:
In operating in a host country, concerns of the host country and local community are important to address in order to ensure a long-term cooperative relationship. Some concerns may include environmental impact, economic benefits for the local community, cultural sensitivity, and social responsibility.
To address these concerns, plans should be implemented to minimize negative environmental impact through sustainable practices, such as reducing carbon footprint and promoting renewable energy sources. The company can also create programs that support local economic development, such as providing job opportunities, training, or partnering with local suppliers.
Cultural sensitivity can be demonstrated by respecting local customs and traditions, involving local community members in decision-making processes, and supporting local initiatives and events. Lastly, the company should commit to social responsibility by giving back to the community through philanthropy, community engagement, and initiatives that address social issues.