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Relevance of ethics in international business
Different cultures in different countries
World cultural differences
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Gringo Management, South of the Border
As companies grow and put heavier weight on the importance of globalization, the need for companies to partake in cultural learning becomes more and more vital. With the various cultures worldwide, companies will find it highly beneficial to not only learn what makes the people within these cultures tick, but more importantly, apply it to their business strategies. In order to successfully manage, merge, or trade with other countries, one must understand how cultures differ from each other and what steps they need to take to be successful when conducting business with these cultures. The use of cultural anthropologists has proven beneficial for companies like Google, Intel, and Microsoft in implementing their business
During a meeting with a Mexican supplier Ted offended the visiting businessman by refusing to go on a tour of the city offered by Manuel. In past oriented countries such as mexico sharing cultural history is a very important factor, and is usually shared by the business host. This also shows the differences between the monochronic ways of the United States and the polychronic thinking that MExico use. Monochronic cultures want to get to business right away, time management is a number one priority and deadlines are taken very seriously. Ted displays this by not wanting to waste time getting a deal done with the other business man. This is also shown when he is upset with Manuel over the plant 's failure to get running in time. Manuel displays his polychronic methods by socializing during the business meetings, and by failing to get the plant up and running in time by missing the deadline by five weeks. Had Ted been aware of the polychronic culture of mexico he could have been more hands on in getting the plant up and running in time, just another case where the intervention of a business anthropologist would have been
Justin Matos Reasoning and Analysis Paper When you come from a different country do you have trouble communicating with others? Is it hard to adapt to the new culture or stay within your own culture? Around the world, many people are rewarded for been direct and independent. Been able to take care of yourself and work well with others who are not in your culture can help you achieve great things.
Mexican civilization is very much affected due its contact. with France, New Orleans of the USA.”Design, style and gastronomy are expressions that show the vibe of Yucatan, sentiment relevance more than its personal kingdom.”(4).
With radical changes in business climate, globalisation and workforce diversity, the world has become more closely inter-weaved to another. At the same time, there is an awareness of the culture to comprehend our own cultural self, which is essential for the development of cultural intelligence. It is then only the beginning of establishing the insight towards to a variety cultures in contemporary society. This essay will examine my own cultural self by presenting the relationship between knowledge, experience and behaviour. To follow, we will define the term cultural self-awareness and cultural intelligence and then we will critically discuss how cultural self-awareness is associated with cultural intelligence and how knowledge, experience
North America has a monochromic culture, where time is treated as a valuable resource and business tasks are needed to be completed as quickly as possible. Mexicans follow a polychronic culture, which emphasizes relationship. Thus, Alan, US sales representative in Mexico, experiences difficulties with doing business because people with whom he works get used to be late on the meetings. Moreover, his hosts want to talk about sightseeing and his family in order to establish a relationship. Mexico is also characterized by high-context culture, where communication is conveyed implicitly and considered as a means to establish relationships. Alan’s low-context culture leads to employees’ miscommunication because he counts long not job-related conversations irrelevant. In addition, family is the first priority for Mexicans, so Alan’s meetings are frequently interrupted by customers’ children who come into the office.
Chung has been operating under what he feels are the established norms for his culture. Ted's relationship with the Taiwanese client exhibits the Chinese management principles of paternalism, particularism, and insecurity. The patron-client relationship is based in a sense of mutual obligation, where the client is expected to defer to Ted's expertise and Ted is expected to trade the account responsibly. (Moorhouse, 2005) Ted also used social networking to establish himself in the community which is expected in the Chinese culture. By attending events Ted increases his “visibility and prestige” which contributes to the face that is needed to be considered a trustworthy business partner in the Chinese community. (Moorhouse, 2005) Karen had trouble understanding these differences in culture which is the root of the problem in this case. As stated in the case study Ted was in his early forties were stable and responsible. Karen admitted that she didn’t really know the whole person (referring to Ted) but wrote it off to the fact that he was Asian and she was not. Karen would not be described as someone with much “Cultural Intelligence” defined by the text as “the ability to accurately interpret ambiguous cross-cultural situations” (Robert Kreitner, 2008) Figure 4-2 in the text defines the differences between Low and High-Context cultures with China being a very High-Context culture and North American countries being Low-Context. Below list the traits of each type culture:
The article talked about how anthropologists play an important role in the corporate environment. Anthropologists have been working with businesses since the 1930?s, however in the 1980?s this field experienced significant growth. This was due to the ?globalization of business activity and the increased awareness of the importance of culture for business,? (Laabs 24). Cultural anthropology is the study of existing people and corporations find this information useful in trying to understand human behavior within their own organization. ?Business anthropologists have been studying the corporate world for years, on such varied topics as how to encourage more creativity or how best to integrate multicultural learning techniques into an organization?s training program,? (Laabs 25). Most anthropologists who work in the corporate environment do not use the title of anthropologist. There are currently over 200 anthropologists working in this field. The article then gave an account of one anthropologist?s experience in the corporate environment. The article concludes by saying what corporations think of the value that anthropologists add to the companies and that the role will continue to grow.
all those expressions that I had been used to incorporating in my daily language as indicators of time were turned around. Or at the very least, required review. The first time a random shop owner saluted me with an “hasta luego” as I exited his shop, I found it odd: How did he know that we would be seeing each other again? He had surely mistaken me for someone else. When it happened again, this time in another shop, I began to realize that the...
The importance of culture in International business today cannot be underestimated and it is imperative that attention is paid at strategic, organizational and the individual levels. The “Blue Ridge Spain” case elucidates these at all three levels. My analysis of this case is from the perspective of the Spanish corporation, Terralumen S.A. National culture is the shared implicit beliefs and tacit values that truly differentiate one cultural group from another. I will be using Geert Hofstede’s frame work to deconstruct this case into its separate dimensions.
Success in worldwide market depends on understanding the cultures you are undertaking business with. Thus, studies on work-related cultural values are given grave importance in today’s generation.
1. There are many different cultures in the world in which we live today, and it is important for any organisation planning to globalise their firm to know and understand the cultural differences that occur between nations. This theory is specifically important when it comes to two firms operating in different countries decide to merge to become one, as is the case with Upjohn and Pharmacia. The differences that became apparent during this merger were important as they affected the way business was conducted, in a negative way.
For instance, Georgiana Corcaci describes cultural intelligence as “psychological factors for success”, while Early and Mosakowski take over the business definition of the term as the “natural ability to interpret someone’s unfamiliar and ambiguous gestures in just the way that person’s compatriots and colleagues would” (1; 1). How comparing, relating, explaining and showing the way cultural intelligence work helps one achieve
Can the effects of cultural misunderstandings can be painful for the individuals, but also for the organization as a whole. Embarrassing situations and inadvertently insults, offenses and failure to achieve individual and organizational goals are among the consequences of the joint. Experience of many managers and researchers in the field of strategy, organization, and the development of the theory of the organization suggests all this ", the study of cultural issues at the organizational level is absolutely essential to a basic understanding of what goes on in organizations, and how it works, and how to improve" (Shin 1990).
The differences in other cultures vary from beliefs to ways of life, or norms, of the different societies. The importance of understanding and sensitivity to other countries’ differences is crucial to a business’ success. “Lack of familiarity with the business practices, social customs, and etiquette of a country can weaken a co...
After reading this book I realized how important to learn international business. I think international businesses have to be taught in college for especially business major students but I think it is very important that all students in college should learn about cross cultural relations class. I think like this because the world became globalized. If you have internet you are able to connect with almost anyone in this world. By learning about different cultures and just learning that people in this world is all different will change people’s view to see the world. Also this book helped me understand more about what the textbook mentions about why anthropologists are needed in business world these days. Anthropologists are specialists about cultures and difference. If all these companies that were mentioned in this book had hired anthropologists in their companies, it might be different. This book was focused about businesses but cultural differences and blunders occur in everywhere these days. I still have blunders when I communicate with my friends. They already know that I do not mean to do that but when it is first time to see
To be successful in today’s global market, managers and leaders need to understand more than just technical skills. Managers and leaders should also understand globalization and organizational behavior. Globalization is the tendency of businesses, technologies, or philosophies to spread throughout the world, or the process of making this happen. The global economy is sometimes referred to as a globality, characterized as a totally interconnected marketplace, unhampered by time zones or national boundaries (Search CIO). Organizational behavior is a field of study that studies individuals groups, and structure. Organizational behavior applies the knowledge gained about individuals, groups, and the effect of structure on behavior in order to make organizations work more effectively (Robbins,2014).Gaining an understanding of globalization and its effect on organizational behavior is crucial to interacting effectively in the modern global economy. Globalization affects an organization’s behavior in several ways like stimulating hyper competitive pricing for a product or service, perpetuating continuous operations and communicating around the clock and globe, capitalism is replacing governmental control and organizations are no longer constrained by borders, and corporations are becoming more heterogeneous and adapting to people who are from different nationalities and cultures. To be successful in a global economy, professionals should have a thorough knowledge of sociology, psychology, communication, and management.