Principles of Management
OER 2019 Edition
ISBN: 9780998625768
Author: OpenStax
Publisher: OpenStax College
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Textbook Question
Chapter 6, Problem 1CTQ
What are some of the sources of McDermott’s excellence at managing cross-cultural differences? How did his experience managing a deli store at a young age help him develop cross-cultural management skills?
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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?
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
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What is the Importance of cultural diversity today?
Leading companies should develop staff who have global perspectives. What does this mean and is it true? Does it apply to organizations of all sizes?
Chapter 6 Solutions
Principles of Management
Ch. 6.1 - Describe the lowering of trade barriers and its...Ch. 6.1 - What is foreign direct investment?Ch. 6.1 - What has the role of the Internet had on...Ch. 6.2 - Describe Hofstedes approach to defining national...Ch. 6.2 - Describe power distance and its implications for...Ch. 6.2 - Describe individualism versus collectivism and its...Ch. 6.2 - Sescribe uncertainty avoidance and its...Ch. 6.3 - Describe how the GLOBE tools can be used by...Ch. 6.3 - What are the similarities and differences among...Ch. 6.3 - Discuss where the United States, Malaysia, and...
Ch. 6.3 - What are the implications of the above differences...Ch. 6.3 - How can these cultural differences explain why you...Ch. 6.4 - Describe the social institutions that can provide...Ch. 6.4 - How can managers use insights from Hofstede and...Ch. 6.5 - How should training to manage cultural and...Ch. 6.5 - How should training for cross-cultural assignments...Ch. 6.6 - How and why do companies take various approaches...Ch. 6.6 - Why did Bayer Crop Science decide to move from its...Ch. 6.6 - How did Coen build support for the change? Do you...Ch. 6.6 - What challenges do you anticipate as Coen...Ch. 6.7 - Why did McDonalds choose to use strategic...Ch. 6.7 - Why is McDonalds facing challenges in India? What...Ch. 6.7 - What can McDonalds do to address Bakshis concerns?Ch. 6.7 - What can McDonalds do about Bakshis use of local...Ch. 6.7 - What are the factors and approaches that...Ch. 6.7 - Explain the term born global and why it is...Ch. 6 - Why is international management a critical area...Ch. 6 - Briefly describe the main cultural dimensions of...Ch. 6 - What is power distance? What are the implications...Ch. 6 - How is the GLOBE project different from the...Ch. 6 - What are country clusters? Pick any three clusters...Ch. 6 - Compare and contrast low-rigor versus high-rigor...Ch. 6 - What is predeparture cross-cultural training? What...Ch. 6 - What is a global strategy? When do companies...Ch. 6 - Compare and contrast a global, regional, and local...Ch. 6 - What are the various means available to companies...Ch. 6 - What are some of the sources of McDermotts...Ch. 6 - What are some of the cross-cultural differences he...Ch. 6 - What is your assessment of his lessons for...
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Similar questions
- What are some of the cross-cultural differences he discovered? Using your knowledge of culture, explain some of these differences.arrow_forwardWhat is your assessment of his lessons for cross-cultural managers? Relate these lessons to the findings of the effective global leader.arrow_forwardWhat is the importance of understanding organizational culture for international managers? What would happen during negotiations or multinational corporation agreements if cultural communications are misunderstood?arrow_forward
- 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 workforcearrow_forwardYour international business is an Oil Company located and operating in Saudi Arabia 1a. Outline the organizational structure for your international business in Saudi Arabia -Consider factors such as geographic dispersion, product lines, and cultural diversity. -Discuss the rationale behind the chosen structure. 1b. Develop a plan for managing global teams in your international business in Saudia Arabia - Include Multinational Strategy and Global Strategy -Include strategies for communication, collaboration, and conflict resolution. -Address challenges related to cultural differences.arrow_forwardWhat 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?arrow_forward
- Please elaborate as much as you can .Subject Principles and Practices of International ManagementAccording to Edward B. Taylor, culture is that complicated whole which includes knowledge, belief, art, morals, values, law, custom, and any other capabilities and habits acquired by a man as a member of society. As a manager in a Multinational Company, how can you solve issues related with cultural differences? Justify your answer with relevant example.arrow_forwardCross-cultural management refers to the leadership and organizational practices aimed at effectively managing cultural diversity within global organizations. It involves understanding and navigating differences in values, communication styles, and work practices among employees from diverse cultural backgrounds. Effective cross-cultural management requires cultural sensitivity, empathy, and the ability to foster an inclusive work environment where diverse perspectives are valued. By embracing cultural diversity and leveraging it as a source of strength, organizations can enhance creativity, innovation, and performance on a global scale Question: How can organizations promote cultural competence among their managers and employees to facilitate effective cross-cultural communication and collaboration?arrow_forwardYes, you've worked together as a team for several weeks and you've discussed your "cross cultural dimensions" and how theydiffer (Hofstede).( How did it develop and worktogether), AND did you notice cross cultural differences during your work ( that is, were you cross culturally sensitive?arrow_forward
- 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.arrow_forwardCEMEX: Building a Global Latina What competitive advantages has the company developed during its years of expansion? WHY?arrow_forwardDescribe 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.arrow_forward
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