Expatriates: Cross-cultural Communication and Long Term Orientation
INTRODUCTION
Globalization is the system of interaction among the countries of the world in order to develop the global economy. Globalization refers to the integration of economics and societies all over the world. Because of globalization, the number of countries where products can be sold or purchased has increased dramatically. Globalization also cause an increasing influence of Multinational Companies (MNC). An example is a car company whose head office is based in Japan. This company has branches in different countries. While the head office controls the subsidiaries, the subsidiaries decide on production. The subsidiaries are tasked to increase the production and profits. They are able to do it because they have already penetrated the local markets. Globalization has a lot to do with the rise of multinational corporations.(Hubpages, 2009) Investorwords (n.d.) state that, in general, as economies become more connected to other economies, they have increased opportunity but also increased competition.
The impact of globalization on the proliferation of Expatriates Managers are, in today's global economy, companies establish foreign-owned subsidiaries and enter into joint ventures and strategic alliances to create a presence in foreign markets and to exploit advantageous production resources. One of the challenges of the globalisation process are companies might have lack of qualified local candidates. Companies have to build development of individual employees for international mobility (Peltonen, 1993; Anfuso, 1994) as cited in (Leslie et al.,2004). Maintaining home office control (Boyacigiller, 1990; Nohria and Ghoshal, 1994) as cited in (Leslie et al.,2004), improving coordination, knowledge transfer, and consistency of corporate strategy are also become company’s challenges for them to be involved in globalisation process (Edstrom and Galbraith, 1977; Tallman and Fladmoe-Lindquist, 1994) as cited in (Leslie et al.,2004). All of this opportunities
Globalization is the system of interaction among the countries of the world in order to develop the global economy. Globalization refers to the integration of economics and societies all over the world. Because of globalization, the number of countries where products can be sold or purchased has increased dramatically. Globalization also cause an increasing influence of Multinational Companies (MNC). An example is a car company whose head office is based in Japan. This company has branches in different countries. While the head office controls the subsidiaries, the subsidiaries decide on production. The subsidiaries are tasked to increase the production and profits. They are able to do it because they have already penetrated the local markets. Globalization has a lot to do with the rise of multinational corporations.(Hubpages, 2009) Investorwords (n.d.) state that, in general, as economies become more connected to other economies, they have increased opportunity but also increased competition.
The impact of globalization on the proliferation of Expatriates Managers are, in today's global economy, companies establish foreign-owned subsidiaries and enter into joint ventures and strategic alliances to create a presence in foreign markets and to exploit advantageous production resources. One of the challenges of the globalisation process are companies might have lack of qualified local candidates. Companies have to build development of individual employees for international mobility (Peltonen, 1993; Anfuso, 1994) as cited in (Leslie et al.,2004). Maintaining home office control (Boyacigiller, 1990; Nohria and Ghoshal, 1994) as cited in (Leslie et al.,2004), improving coordination, knowledge transfer, and consistency of corporate strategy are also become company’s challenges for them to be involved in globalisation process (Edstrom and Galbraith, 1977; Tallman and Fladmoe-Lindquist, 1994) as cited in (Leslie et al.,2004). All of this opportunities