Leading companies should develop staff who have global perspectives. What does this mean and is it true? Does it apply to organizations of all sizes?
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Leading companies should develop staff who have global perspectives. What does this mean and is it true? Does it apply to organizations of all sizes?
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- If you were an owner of an international and rapidly growing high-tech firm making sophisticated computerchips for medical equipment a) From the three basic approaches to manage an international company (ethnocentric, polycentric, and geocentric approaches). What do you think is the best approach and why?(b) Do you think an international firm should have local managers in all important posts? Why or whynot? Please give clear insights.Your international business is an Oil Company located and operating in Saudi Arabia 1a. Outline the organizational structure for your international business in Saudi Arabia -Consider factors such as geographic dispersion, product lines, and cultural diversity. -Discuss the rationale behind the chosen structure. 1b. Develop a plan for managing global teams in your international business in Saudia Arabia - Include Multinational Strategy and Global Strategy -Include strategies for communication, collaboration, and conflict resolution. -Address challenges related to cultural differences.Some international management experts contend that globalization and national responsiveness are diametrically opposed forces, and that to accommodate one, a multinational organization must relax its efforts in the other. In what way is this an accurate statement? In what way is it incomplete or inaccurate?
- Is cross-cultural and international experience required to develop future leaders?Please elaborate as much as you can .Subject Principles and Practices of International ManagementAccording to Edward B. Taylor, culture is that complicated whole which includes knowledge, belief, art, morals, values, law, custom, and any other capabilities and habits acquired by a man as a member of society. As a manager in a Multinational Company, how can you solve issues related with cultural differences? Justify your answer with relevant example.Describe the concepts of culture, multiculturalism and diversity from the perspective of customs and values in the face-to-face and virtual space that are observed in other countries. Explain the theory of cultural dimensions and how knowing it can help a manager in international business management. Support your answer by referring to the approaches of Geert Hofstede and Fons Trompenaars.
- on page 258 within your Book in Chapter 10 of Introduction to Global Business: Understanding the International Environment. Use the secnario 1) What are some advantages and disadvantages of the Shell Matrix? 2) Why do you think Shell has undergone so many organizational restructurings? 3) How would you decide what would be Shell’s best organizational structure?Global leadership is increasingly important due to which of the below reasons: a. technological advances, b. global expansion, c. characteristics of the work in the current era, d. complexities of financial markets.Today's management environments are becoming more diverse and complex. This is especially true for a global management approach. Explain fully the necessary characteristics of a global manager. PLEASE do fast ASAP fast
- Why is leadership important when it comes to multinational management? How many different rioles of leadership styles are there?How can you develop the skills needed to succeed as an international leader? Researchers have developed a personal strategy for building a global mind-set that will facilitate success as an effective manager in a different cultural setting. A global mind-set has three components: intellectual capital, the understanding of how business works on a global level; psychological capital, openness to new ideas and experiences; and social capital, the ability to build connections with people and to influence stakeholders from a different cultural background.88 • Intellectual capital is considered the easiest to gain if one puts forth the effort. You can gain global business acumen by taking courses, but you can learn a great deal on your own by reading publications with an international scope such as The Economist, visiting websites that provide information on different cultures or business operations in foreign countries, or simply watching television programs with an international news or…Why the international companies need to have inclusive leadership?