What implications will the knowledge on Hofstede’s Cultural Dimension have on an International Business Manager. Explain with examples
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What implications will the knowledge on Hofstede’s Cultural Dimension have on an International Business Manager. Explain with examples
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- 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.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.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.
- Short answer What is the impact of the globalization of culture on the business domain of globalization? Give one example of this impact. Please note the direction of the impact: culture affecting business, not the other way aroundWhat is the importance of organizational culture for international managers? What would happen during multinational corporation or negotiations agreements if cultural communications are misunderstood?What is meant by the culture of a society, and why is it important for international managers to understand it?
- 1.Please explain the different stages of Uppsala model of international business involvement or international expansion into foreign markets and summarize its limitations? 2.What are Born Global firms and how such firms internationalization challenged the Uppsala model of international business development?why international management a critical area that all management students should be aware of?In Cross-National Management organization today, it is important to know - definitions, relevant theories, challenges, recommendations/way forward, etc. to be in a better position in this global market. Cross cultural management helps us to interact, understand and deal with people who belong to other cultures. Cross-cultural management is important today because the organizations of today are global entities rather than regional or national/local outfits that they used to be in the previous decades. An essential ingredient for success in any international business setup is the ability to understand other cultures and their dynamics. 1. Define cultural intelligence and its relevance in the cross-national organization today 2. Briefly discuss, evaluate and state its relevance in cross-national organizations theories such as: a. Hofstede’s Cultural Dimensions Theoryb. Trompenaars’ Model of National Culture Differencesc. The Lewis Model 3. Explain five strategies for working in cross…
- Why should you care about international business? Describe theinternational business environments Kodak faced. What are yourthoughts on the issue? Explain.What is the importance of understanding organizational culture for international managers? What would happen during negotiations or multinational corporation agreements if cultural communications are misunderstood?With the increased gloabls interactions comes the growth of international trade, ideas, and culture. With reference to this statement critically analyze the challenges of globalisation that indonesia will have to face from a strategic point of view