(a) What is your understanding of the term "Culture". (b) why is an understanding of the institutional norms, regulations and practices of other countries important for international firms?
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- How has globalization impacted the operations and strategies of organizations?Argues about the impact that globalization has had on the adoption of internationalization strategies.Justify your point of view by presenting examples aligned with your life context.What is meant by the culture of a society, and why is it important for international managers to understand it?As an International Business consultant a company has asked you to investigate the possibility of expanding. Recommend which international business strategy/s to use. Justify the choices.
- dicuss some important issues to keep in mind in training , appraising, and compensating international employeesHow useful is simple bi-lateral analysis in multinational corporations (MNCs) where members of not two but a number of cultures may be interacting?How Important is a connection Between a country's domestic universities with international universities? For example, local African universities will establish a connection with International universities, especially the US universities. How beneficial for African students, Faculties, and professors to learn for the other parts of the world? Please explain it well, Thanks
- this perspective on globalization creates uncetainty on the creation and application of regulations that challenge the ability of global firms to design and implement their current strategies. what perspective is this?Describe the factors that would influence the design of a transnational executive information system. Include cultural factors that are either unique to a country and/or strongly influence the decision-making process as well as the specifications of design that would be affected. Is this effect more or less than you would expect with a DSS?In a globalised world that sees organisations having to continually adapt, prepare a report that identifies some of the key issues in understanding cultural difference, which may affect leadership and motivation, communications and negotiating, decision making and organisational relationships in the effective management of cross-cultural teams.
- Some benefits of living in a diverse society include - it promotes tolerance and understanding between different cultures; it enriches our community through shared experiences with different people; it attracts more money to our economy through the growth of different businesses to mention a few. Some features of cross-cultural management include - increase cross-cultural awareness, understand and adequately interpret culturally conditioned managerial behaviours, attitudes and values, obtain skills for establishing relationships with potential international business counterparts in future and be able to effectively communicate across cultures Question: What is the Importance of cultural diversity today?What are the key benefits of implementing an HRIS in international operations? How can an HRIS impact a company's ability to manage cultural and regulatory differences among our international workforce?Subject: Introduction to International Business You are hired as a consultant by Tokyo Inc. to prepare report based on the undermentioned criteria. Braf's Manufactoring (https://www.uncappedmarketplace.gy/vendor/brafs-manufacturing/) located in Guyana is apart of the agro-processing sector. Braff Manufactoring produced products such barley flour but does not currently operate outside the Caribbean CARICOM region. You will conduct a comprehensive study of the international business environment, that is, the geography, culture, government, history, economics, and politics of a new country, outside of the region, from which you believe the company and its product (s) could operate profitably ( use Singapore). Propose a strategy for internationalization. Looking particularly at entry strategies that could be utilized as discussed in the course. You will need to keep in mind the domestic realities of the company and its product (s) by conducting a situation analysis to start. You are…