Socio Cultural Environment

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Socio Cultural Environment

1.Ethnic groups
mestizo (Amerindian-Spanish) 62%, predominantly Amerindian 21%, Am erindian 7%, other 10% (mostly
European)

2.Religion
Roman Catholic 82.7%, Pentecostal 1.6%, Jehovah's W itnesses 1.4%, other Evangelical Churches 5%,
other 1.9%, none 4.7%, unspecified 2.7%
3.Hofstede Ranking
1.Power Distance-

81, Mexico is a hierarchical society

2.Uncertainity avoidance-82-high preference for avoiding uncertainty.


3.Masculine/Feminine-69-Masculine country
4.Individualism/Collectivism-30-collectivistic society
5.Long term orientation-30-normative society
Economic
1.Reserves of foreign exchange
$204.1 billion
2.Reserves of gold
$195.9 billion
Ranking by leading organizations
1.Corruption index rank-95
2.Happiness index rank-14
3.Ease of doing business ranking-38
4.Ease of starting a business-65

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