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- What is the relevance of internationalization of workforce? Explain your answer with four major points.International workforce is very diverse nowadays. As a manager of a big firm, how do you propose to deal with various issues relating to cultural and other differences? Discuss.How do you describe expected multicultural collaboration opportunities between marketing and sales, finance, and operations teams in the United States and their peers who will work at the new facility in Latin America?
- What is the problem with transporting Lincoln Electric's control systems to other national cultures? What suggestions would you make to Lincoln Electric's managers to make future international manufacturing plants more successful?What is culture shock and how does it happen? Why is it important for multinational corporations to have cross-cultural preparation for their expatriate executives?What is diversity and why is it important to understand diversity in global business? Share your nationality and cultural background and what you think business managers need to know when managing someone with your background? (You can give examples)
- What is meant by the culture of a society, and why is it important for international managers to understand it?Some benefits of living in a diverse society include - it promotes tolerance and understanding between different cultures; it enriches our community through shared experiences with different people; it attracts more money to our economy through the growth of different businesses to mention a few. Some features of cross-cultural management include - increase cross-cultural awareness, understand and adequately interpret culturally conditioned managerial behaviours, attitudes and values, obtain skills for establishing relationships with potential international business counterparts in future and be able to effectively communicate across cultures Question: What is the Importance of cultural diversity today?Give example of multinational company that faced culture differences and downsizing and talent retention.
- Compare how the United States differs from China on Hofstede's five dimensions of culture. Explain how your knowledge of these differences would influence you as a global manager if you were doing business internationally.Write down at least 6 similarities between Argentina and Bangladesh. (Hints: The similarities can be anything like business sector, economics, culture, sports, environment, language etc.)In the following international mergers/acquisitions 2017: Vodafone Group (UK) and Idea Cellular (India). Give Hofstede's dimensions, in what way do the cultures significantly differ or are similar? Explain in what way culture could have been the cause for the success/failure of this acquisition? What could have been done to eliminate/diminish the cultural clash that took place?