1. What are the best ways to measure and train for cultural intelligence?
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- X. what role does cultural sensitivity play in developing effective cross-cultural business strategies ?1) Discuss detail about the tools available to improve management and business decision-making processes in a contemporary international settingWhen it comes to investigating and documenting cultural differences and similarities, cultural anthropology adopts a comparative approach. True False
- Amazon has diversified into many businesses (e.g., e-readers such as Kindle, grocery stores with the acquisition of Whole Foods, and healthcare with Haven). Assess Amazon's decisions to diversity. Alternatively, consider the publicly traded Berkshire Hathaway B stock (https://www.investopedia.com/berkshire-hathaway-s-top-companies-and-brands-4685441; https://en.wikipedia.org/wiki/List_of_assets_owned_by_Berkshire_Hathaway). Assess Berkshire Hathaway's decisions to diversify. 5 Stars if Written well :)In the following international mergers/acquisitions 2017: Vodafone Group (UK) and Idea Cellular (India). Give Hofstede's dimensions, in what way do the cultures significantly differ or are similar? Explain in what way culture could have been the cause for the success/failure of this acquisition? What could have been done to eliminate/diminish the cultural clash that took place?Multiple Choice Questions ( At least two correct options for each question) 1.Which of the following are the major causes of expatriate failure? ( ) A. Selection based on headquarters criteria rather than assignment needs B. Inadequate preparation, training, and orientation prior to assignment C. Sufficient compensation and financial support from headquarters Inability to adapt to local culture and working environment 2. Which of the following are problems with Worldwide Matrix Structures ( ): A. Slow decision making process B. Too bureaucratic C. Too many meetings and too much conflict D. Balances the benefits produced by area and product structures 3. Dunning's eclectic theory of international production states that if a firm is going to invest in production facilities abroad, it must have the following kinds of advantages: A. ownership-specific B. internationalization C. location-specific D. Internalization 4. Which of the following is a typical reason for forming cross-border…
- a) Identify and explain the type of intercultural values the people in theunderlisted statements can be classified using the five dimensions ofdifferential values as propounded by Geert Hofstede. use the following intercultural values to answer: power distance, long/short term orientation, quality/quantity of life, avoidance of uncertainty, and individualism. choose what fits the questionNote that you need to identify the value, explain it and apply it to the casejustifying why you think the people are exhibiting such values i. John pulled out of the contract because he could not estimate theexpected profit after carefully studying the financials in thebusiness plan.ii. Everyone was surprised when the new recruit responded to theinternal advert for a Chief Executive Officer Position with a fiveyear experience requirement.iii. Most of the staff in the organization are scared to approach themanager due to the strict way he exercises his authority.iv. The manager was very upset when he…State the differences between or among the concepts/Terms (if possible give an example). ANY 5 (FIVE) of 10 (TEN). Key Terms Spoken Language versus Unspoken Language Customs Union versus Common market versus Economic union Fixed exchange rate versus Floating exchange rate. Folkways versus Mores Global Standardization Strategy Versus Localization Strategy Versus Transnational Strategy versus International Strategy Commanded Economy versus Market Economy versus Mixed Economy. Greenfield Venture and Acquisition Licensing versus Franchising Spot Exchange versus Forward Exchange Rate versus Currency Swap Values Versus NormsEvaluating the situation in terms of the popularity and prominence of Turkish soap operas, suggest that because cultures, anywhere and everywhere, are __________ (short lived, static, dynamic, OR permanent; Select only ONE that applies)current attitudes and behaviors _____________ (matter more, will not change, will increasingly predominate, OR will change; select ONLY one that applies)the future.
- a. Explain uncertainty avoidance level analysis of culture change from traditional to modern on China Country. b. Explain power distance level analysis of culture change from traditional to modern on China Country.What is nonverbal communication? What forms does nonverbal communication take? b) Give examples of operational conflicts that could occur in a cross-cultural context because of different attitudes toward: 1) time, 2) change, 3) individualism. (Give of a country or region that would be different from the United States for each of the three variables).ACNielsen offers data collected by optical scanners from the United Kingdom, France, Germany, Belgium, the Netherlands, Austria, Italy, and Finland. This scanner data tracks sales of UPCcoded products in those nations. In small teams, imagine you are Nielsen clients in the United States. One team might be a retail chain, another an Internet company, and still another a toy manufacturer. Discuss the types of marketing questions these data might help you answer. Share your list with other teams