Define and explain culture, and how it affects the conduct of international business. (Please explain it clearly so that I can understand it well, thank you so much in advance)
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- Why is international management a critical area that all management students should be aware of?What is your assessment of his lessons for cross-cultural managers? Relate these lessons to the findings of the effective global leader.What are some of the cross-cultural differences he discovered? Using your knowledge of culture, explain some of these differences.
- What are the implications of the above differences for how business is conducted in Malaysia and China?explain what ethnocentricity is and why it could cause difficulty for firms trying to do international business.Why is the knowledge of culture important in international business? Can you give an example.
- Cultural Differences are very common in International Business. How would you respond to cultural differences in matters of dealing with Marketing of your products? Explain with relevant examples.How can managers effectively design and implement international business strategies that enable their companies to navigate cultural differences, political risks, and market uncertainties in foreign markets, while maximizing opportunities for growth and profitability?Please elaborate as much as you can .Subject Principles and Practices of International ManagementGlobalisation is the process by which the world is becoming increasingly interconnected as a result of a massively increased trade and cultural exchange. Explain the impact of globalisation to the business operation. Support your answer with relevant example
- As a student, what is international business to you? Are you interested in intellectual property, foreign asset, and political favor?Please elaborate as much as you can .Subject Principles and Practices of International ManagementIn what ways does the differences in ideologies, political systems, cultural and technologies influence the operation of Multinational Corporation (MNC’s). Defend your answer with relevant exampleIt lists the three major functional areas for foreign activities and briefly describes the components of each. How are these domestic roles different?