The successful managers of tomorrow will be the ones who have a high CQ (Cultural Quotient
The successful managers of tomorrow will be the ones who have a high CQ (Cultural Quotient
This essay will explain how changes have occurred in the global business environment over the last years. It will also look at cultural values and norms of different nations. From the above, different cultures have different way of living and see things in a different way to others. This essay will look at the way commercial transactions are carried out between business partners in different countries. To be a successful manager, they need to be able to alter their behaviour when working with people from other cultures .Due to people moving to different cultures, most people end up sharing similar lifestyles, values and attitudes. They like the same type of music, wear similar clothes, like eating similar food etc. A lot has changed since early civilisations like technology, the way businesses operate, transportation etc. This has enabled businesses to expand globally and enter new markets by adapting to new cultures.
Changes in the global business environment have been occurring since early civilisations and keep occurring. In 1947 political leaders of 23 nations created the General Agreement on Tariffs and Trade. This treaty was successful and had grown 20 times larger in four decades. This encouraged businesses to trade internationally and import and export goods in different countries and serve different nations. However, without the help of technology and the treaty, international business would have not happened and companies’ wouldn’t of been able to expand into different markets. The GATT encouraged businesses to trade by reducing both tariffs and nontariff barriers when trading internationally (Wild, Wild, & Han, 2011). Innovation in technology helped big companies communicate with its branches world wide by being able to communicate by emails where they could attach different files and documents, banks like Barclays are able to have videoconferences where
This essay will explain how changes have occurred in the global business environment over the last years. It will also look at cultural values and norms of different nations. From the above, different cultures have different way of living and see things in a different way to others. This essay will look at the way commercial transactions are carried out between business partners in different countries. To be a successful manager, they need to be able to alter their behaviour when working with people from other cultures .Due to people moving to different cultures, most people end up sharing similar lifestyles, values and attitudes. They like the same type of music, wear similar clothes, like eating similar food etc. A lot has changed since early civilisations like technology, the way businesses operate, transportation etc. This has enabled businesses to expand globally and enter new markets by adapting to new cultures.
Changes in the global business environment have been occurring since early civilisations and keep occurring. In 1947 political leaders of 23 nations created the General Agreement on Tariffs and Trade. This treaty was successful and had grown 20 times larger in four decades. This encouraged businesses to trade internationally and import and export goods in different countries and serve different nations. However, without the help of technology and the treaty, international business would have not happened and companies’ wouldn’t of been able to expand into different markets. The GATT encouraged businesses to trade by reducing both tariffs and nontariff barriers when trading internationally (Wild, Wild, & Han, 2011). Innovation in technology helped big companies communicate with its branches world wide by being able to communicate by emails where they could attach different files and documents, banks like Barclays are able to have videoconferences where