Using the Hofstede's dimensions of Culture - Long Term. Kindly illustrate the important of long term to an international business along with orientation and examples.
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- Why is international management a critical area that all management students should be aware of?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.What implications will the knowledge on Hofstede’s Cultural Dimension have on an International Business Manager. Explain with examples
- Subject: McDonald's and its expansion to the market in Japan Put yourself in the position of a person who belongs to the affected foreign country (Japan). What is your perspective on the culture shock situation and how could it translate into a lack of ethics? Argue about the importance of considering culture in international business management. Support your answer on the theoretical basis presented by Hofstede and Trompenaars.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 exampleWhy should you care about international business? Describe theinternational business environments Kodak faced. What are yourthoughts on the issue? Explain.
- Please elaborate as much as you can .Subject Principles and Practices of International ManagementDiscuss the basic predispositions that MNC’s can use to manage their business globally. Support your answer with relevant example.CEMEX: Building a Global Latina What competitive advantages has the company developed during its years of expansion? WHY?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 example
- Please give thorough information 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/service by conducting a situation analysis to start. You are equired to suggest an international strategy after an analysis of all strategies discussed in thecourse.What is mean by the culture of a society, and why is it important that international managers understand it? Provide a detailed example of cultural differences among co-workers?Define your cross-cultural management philosophy using, Hofstede’s four main dimensions on which country cultures differ