Final answer:
Cultural factors affect international business by shaping the integration of trade, influencing workforce preparedness and norms, and spreading cultural identifiers through global commerce. Worker honesty and loyalty, as well as government competence, are also highlighted as significant aspects impacting business on an international scale.
Step-by-step explanation:
The subject of the student's question pertains to cultural factors that impact international business within the broader context of globalization. Culture influences international business in many ways, including through the integration of international trade and governments, the impact of cultural identities on trade, and the cultural preparedness of a workforce for industrialization.
Topics such as worker honesty, loyalty, and cultural norms around communication and gender roles in the workforce are mentioned as contributing factors to how well a country can participate in the modern world economy. Additionally, the spread of goods and cultural identifiers through global commerce, such as American brands like Levi's, McDonalds, and Coca-Cola, reflects the transfer of values and ideals from one country to another, increasing revenue while also spreading cultural influence. Furthermore, exchange rates and the competence of local government are significant economic aspects impacting international business.