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Country: Philippines Analysis:Your organization has reviewed your country study and has decided to go with your recommendation for their initial international expansion. A complete a socio-cultural analysis needs to be completed to determine the entry strategy, financing, human resource needs, suppliers, marketing, pricing and distribution, and organizational structure.Assignment Criteria:Write a report (2 – 4 pages, font 12) outlining the socio-cultural factors and discuss any cross-cultural issues that will need to be considered, addressed and understood into for a successful international expansion. You need to use at least three outside sources to complete this assignment. PLEASE remember to cite all your sources; proper citation of your sources is a requirement for this course.Please support all recommendations with sound reasoning and research.Your report needs to include but not limited to:•Demographic TrendsoPopulation growthoAge structure & median ageoLife expectancyoLiteracy•Cultural AnalysisoLanguageoCustoms and NormsoTraditions•Social InstitutionsoWhere does the country lie within Hofstede’s dimensionsoFamily structureoReligious structureoLabor organizations•Informal Trade BarriersoBarriers that are created by social and cultural factorsoCommunication stylesoNegotiating tacticsoMarketing concernsoEthical concernsEmployment practicesHuman rightsBusiness practices

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Cathy, CS.