.

Friday, December 20, 2019

Cultural Environment Of International Business Essay

Cultural Environment of International Business Vanda Mallo Keiser University Abstract Understanding the management role relative to cultural influences is critical for today’s managers who want to interact proficiently across borders. One important concept which provides insight into the idea of intercultural aptitude is the notion of â€Å"mindfulness† or the ability to interact with others from different cultures. Managers must become more culturally sensitive since diversity in the workplace is now the norm in most major organizations. Intercultural relationships with business prospects, clients and workforce have the potential for positive and negative outcomes, and to better understand why and how these relationships can lead to positive outcomes, managers must recognize that employees’ perceptions of culture diversity may differ within the organization, and become the mediators of such relationships. By accepting the importance of intercultural relationships, an international business manager will be better positioned to handle the impact o f intercultural relationships, relative to international business and the role that they play. Cultural Environment of International Business Understanding culture and its many nuances is a critical part of the management process. Cultural knowledge must be identified, developed and taught to current and future managers so that they may be accountable to creating a diverse and inclusive work environment. In manyShow MoreRelatedUnit 39 - International Business1099 Words   |  5 PagesUnit 39 – International Business Scenario You are employed by the local Business Development Agency and have been asked to independently research international business in relation to an international case study business of your choice. From your research you are required to put together a research report document which can be used to assist businesses who are considering trading internationally. Your work should be a result of your own independent research and contain references throughoutRead MoreInternational Human Resource Management : Understanding The Cultural Environment1257 Words   |  6 Pagesmore critical for international Human Resource Management: understanding the cultural environment or understanding the political and legal environment? Why? Include key terms and concepts from the textbook. While there are many various global issues that affect the International Human Resource Management to run efficiently, there are two key concepts that play a major role in understanding how to approach them with cohesive and a well coherent strategy; they are the International Human RecourseRead MoreCultural and Linguistic Differentiations1419 Words   |  6 Pagescommunication between people and places has boosted many companies to expand in other countries. Yet, cultural and linguistic differentiations are the most sustainable features companies need to take under consideration, in a strategic planning of setting up abroad. A firm needs to become progressively more aware of the foreign cultures when aiming in a successful future in an international business environment. Attitudes towards work and material possessions, entrepreneurship, willingness to accept riskRead MorePolitical Factors That Affect International Business1020 Words   |  5 PagesWhile Global businesses operat e in overseas markets there is often a risk, the risk is referred to as political environment risk, and these factors can facilitate or hinder business operation. Some of the political factors that affect international business include† (Justin Ervin. Zachary Smith A.2008). One significant political environmental factor that influences international business operation is trade agreements. Countries frequently enter into trade treaties to further facilitate trade betweenRead MoreCase Study : Cultural Human Resource Management1361 Words   |  6 Pagescross- cultural human resource management Introduction Cultural issues in business are a phenomenon born by globalization of the market where companies invest in a foreign country to bring the culture of the host country and the company’s culture into contact. The market today is defined by global market that permits sharing of customers worldwide. However, during fierce competition, the market winners become the companies that who understand the Chinese culture. Therefore, cultural human resourceRead MoreEssay about Report on Cross-Cultural Management1127 Words   |  5 PagesPerspective vii. Summary viii. Bibliography Executive Summary This paper is a report on cross-cultural management, with the issues related to cross-cultural management being discussed in the paper. Additionally, the report has produced the future way of cross-cultural management, including how it can be improved in offices relying much on this strategic approach. â€Æ' Diversity of Cross-Cultural Management Introduction In the beginning of globalization, organizations have started redefiningRead MoreImportance of Cross Cultural Communications1209 Words   |  5 PagesEffective cross-cultural communication is one of the most important issues dealt with in business, particularly when a firm operates at an international level. Communication is a process with three key elements, which includes a source, an audience, and a channel. Communication derived from businesses will have listeners that include, but are not limited to customers, employees, suppliers, and the community (Caddy et al.). These listeners contribute to the success of a firm, which is why there isRead MoreMultinational Companies : An Organization Essay1536 Words   |  7 Pagesorganisational, local, and international management, thus, to be able to success the weakness and strength of the company must recognize to determine their capabilities before the management can proceed to international. It is very important for the multinational companies to increase the product life cycle for growing capabilities and to expand from domestic to globalization. However, many of multinational companies will be facing different dilemmas and obstacles towards to international market. AdditionallyRead MoreGlobal Business Challenges Of New Zealand Essay1112 Words   |  5 PagesGlobal Business Challenges Businesses competing in New Zealand and in the global arena, have to face many challenges in order to be successful. There is a vast range of challenges that businesses have to face which are considered, the major business challenges. These challenges can be faced by firms operating in New Zealand and firms that are operating on a global scale. Listed are some of these challenges. Business challenges: †¢ Cultural Sensitivity †¢ Environmental Sustainability †¢ GlobalisationRead MoreWhy Culture Matters Within International Business1076 Words   |  5 PagesWhy culture matters in International Business The purpose of this memo is to explain why culture matters in International Business and to give you some background information on culture and how this can improve the business once it is expanded abroad. According to Cavusgil, knight, Riesenberger(2014), â€Å"Culture is the learned, shared and lasting orientation patterns in a society. People demonstrate their culture through values, ideas, attitudes, behaviors, and symbolsâ€Å"(p.82). The culture

No comments:

Post a Comment