Suppose a US multinational company wishes to do business in China, a high context country. Describe some challenges corporate headquarters might face when attempting to train employees abroad. Hint: the US is a low context country.
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Suppose a US multinational company wishes to do business in China, a high context country. Describe some challenges corporate headquarters might face when attempting to train employees abroad. Hint: the US is a low context country.
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Explain the characteristics of the American culture that would prohibit understanding and empathetic behavior towards another culture
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- A chain of well-known surf wear stores is considering expanding to international markets, but they are unsure whether this is a good idea for their business – can you help them decide? Excerpts from the Manager’s Meeting Britney: Eddie: Anna: Craig: Helen: Billy: Elle: Thanks everyone for coming to the meeting. As you know, the company has been considering international expansion and I would just like to gather your thoughts. I think it's a bit early for us. There are plenty of growth opportunities throughout the country for new store locations. There are plenty of large coastal towns and not to mention potential opportunities in major interstate cities. Yes, we've got plenty of choices, but what’s the best opportunity for the future? The Asian markets are starting to grow strongly, and many companies are looking to enter them, I don't think we can afford to be a late entrant. Gee, when you said international expansion, I was thinking of markets with established beach cultures,…When McDonalds, an American multinational corporation, entered the Chinese market, it faced many cross-cultural management challenges due to cultural differences. (a) In light of the above statement, explain the cultural differences between China and United States of America using Hofstede’s cultural values model. (b)You have been appointed as the new Regional Manager to oversee McDonalds operations in China. You are aware of the need to deal with cultural differences and to adapt to the Chinese culture. Explain the international strategies that you would implement for McDonalds in China in the management of its: product marketing workforceBased on this 'Crispy Krepe Doughnuts Inc 2015'. Write a introduction about the company’s background using your own words. Briefly explain and describes the company’s background, including its industry and extent of its multinational reach for identifying expansion factors and corporate strategies with explanation.
- (1) What thoughts/ideas do you have about Dubai? (2) What thoughts do you have about the business or religious environment? (3) What is proper business attire there? (4) How might the climate and/or location impact business? Think about those things, then watch the video below. After watching the video, answer the questions above. Discuss your thoughts before and after watching the video. Specifically, discuss if any of your perceptions changed.Answer all questions A) With relevant examples, compare the absolute advantage theory and the Comparative Advantage theory. What lessons can be learnt from these theories? B) Understanding the beliefs, values, behaviour and material objects that together form a people’s way of life is crucial in International Business. Examine the various aspect of culture that an International Business Manger should consider and how they affect business strategy. C) In the quest to transform the Ghanaian economy, the Government of Ghana introduced the Ghana Free Zones Programme. Critically examine how this programme has added value to the economy of Ghana.The top management of your company, a manufacturer and marketer of smartphones, has decided to pursue international expansion opportunities in eastern Europe. To ensure success, management’s goal is to enter countries with a high level of global connectedness.Prepare your executive summary to support your recommendations.Identify the top THREE eastern European countries where your company can market its current product line.#Do the research, analyze,
- Krispy Kreme Doughnuts Inc 2015 Write a introduction about the company’s background using your own words, which describes the company’s background, including its industry and extent of its multinational reach for identifying expansion factors and corporate strategiesPlease do not give solution in image formate thanku. Assume that Chocolate Bliss, the fictitious company in the course project, has decided to expand into the global marketplace. In your initial post, address the following: Which country would you suggest they company expand into first, and why? What are two specific factors, from the list below, that would be most important to consider when expanding into this chosen country, and why? Culture Linguistics Ethics Legal Competition1. If you were in a position to advise a Western company that was considering doing business in UAE for the first time, what would your advice be? 2. Using Dubai as an example, do you believe that cultural similarities among people can outweigh cultural differences that exist in terms of doing business together in the future
- Write answer minimum 150 words to maximum In the automobile industry, companies have followed different internationalization paths. Toyota expanded organically, establishing subsidiaries in overseas markets. Ford went on an acquisition spree, buying Volvo, Jaguar, Land Rover, and Mazda. General Motors has made extensive use of strategic alliances (see Figure 15.3). Which is the best strategy? Which strategy would you recommend to Chinese automobile manufacturers such as SAIC and Dongfeng?Moving from markets that are anchored in a Judeo-Christian orientation such as that found in United States or Germany, to others markets oftentimes is quite challenging to international managers. Difficulties often emerge when moving from a Judeo-Christian to Islamic society, such as that seen in Saudi Arabia. The latter typically advocate and enforce different codes that directly influence acceptable personal and business behavior. In the case of Saudi Arabia, the case, Saudi Arabia’s Dynamic Culture, points out that it’s unique Islamic- centric mixture of ____, ____, and ____ results in laws and customs that are pose points of uncertainty and perplexity. A) liberalization of economic practices B) strict religious convictions C) governmental economic policies D) ancient social traditions E) regulation of technologySuppose DAK Corporation plans to open its factories in Brazil, where culture and socio-economic context is dramatically different from other countries. Critically examine the strategic options you will adopt as a Manager of Business Development – International Expansion to present to your CEO.