Which style of communicating do you think would be most beneficial to the long term success of a US company operating internationally - high-context or low -context communication? Why?
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Which style of communicating do you think would be most beneficial to the long term success of a US company operating internationally - high-context or low -context communication? Why?
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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,…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.Global Wannabe (GW), a manufacturer of musical instruments, is eager to internationalize. New to international business, within the coming four years, senior management wants GW to generate at least one-third of its sales from abroad by establishing foreign marketing subsidiaries and production bases in low-cost countries to cut manufacturing costs. GW’s president, Larry Gerber, has appointed you to the task force charged with recruiting managers who can run GW’s operations abroad. 3.1 What guideline would you offer to GW to recruit and select expatriates while avoiding the problem of expatriate assignment failure and evaluating the performance of employees posted abroad?
- 2. Culture explains how we behave toward each other and with other groups especially when doing business across borders. Pretend you have been hired by ABC Company Limited. Your manager has indicated to you that the company wishes to do business in foreign markets but is worried about the cultural risk of foreign markets. With the use of an example, briefly describe to your manager ONE cross cultural risk that the company should be aware of and ONE recommendation you will make to mitigate your identified risk. A complete answer will include the use of an example to help support your explanation on the cross-cultural risk in the context of internationalization.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,1. The lowest level of internationalization is: a. domestic business b. global business c. multinational business d. none of the above 2. the vice president of a company is at which management level? a. first-line manager b. middle manager c. top manager d. operative e. none of the above
- 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.1. 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 futureInternational Managment- Managing Across Cultures What might Apple learn from Xiaomi and Xiaomi learn from Apple when it comes to the business success?
- What are some of the sources of McDermott’s excellence at managing cross-cultural differences? How didhis experience managing a deli store at a young age help him develop cross-cultural management skills?Give typing answer with explanation and conclusion Many businesspeople contend that bribery is an unpleasant but necessary part of international business, especially in countries such as China, where business gift giving is widely accepted and expected. How do you feel about bribery? If bribery is acceptable in a country where a U.S.-based company is doing business, is it okay for the business to participate in it?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 workforce
