1.0. CROSS CULTURAL EXPERIENCES 1.1. INTERNSHIP Back in 2010 when I was still a student at Singapore Polytechnic‚ I was fortunate enough to be given the opportunity to serve my internship at the Royal Bank of Scotland (RBS). I must emphasize‚ that the 6 months spent was one of the most memorable life experience I have had. Personally it opened my eyes to what I’ll call the ‘real’ working environment‚ as the previous jobs I held were mainly serving as an assistant in retail (part-time). I termed
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Cross-Cultural Observation: Macy’s Department Store In order to observe the interactions between individuals from different cultural background‚ my partner: Gina Nguyen and I went to the Macy’s department store‚ located downtown Boston. We selected this store because of the size and their reputation of having a diverse workforce. Gina and I started our observation at 3:30pm on Wednesday‚ October 24‚ 2012 and finished it at 4:20pm. We were observing the interactions between the coworkers‚ as
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Cross-Cultrual Communication Andrew Harris XCOM 285 December 8‚ 2013 Denise Bailey Cross-Cultrual Communication Based on the research of the three countries‚ South Africa‚ Brazil‚ and China‚ all three can utilize modern technology to increase any business venture they so choose. With the language barrier‚ the internet has allowed many people to view different language translators to help with basic communications to these countries. The ultimate thing to do is to learn the language and culture
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Cross-cultural perspectives David S ETH/316 Version 1 July 4‚ 2011 Cross-cultural perspectives Wal-Mart’s international operations were a major struggle for the company‚ collimating in its demise of Wal-Mart in Germany and South Korea. Because Wal-Mart executives did not understand‚ the cultural differenced between countries they foundered in many countries to the point that they could not rebound in the minds of the local population. When Wal-Mart moved into other countries‚ they did
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Cross Cultural Perspectives ETH/316 Cross Cultural Perspectives The company I decided to use was Starbucks Corporation. Starbucks has been an iconic symbol in the coffee industry here in the United States. It is a place where people go to meet‚ work; do school work‚ and many other things. Starbucks Corporation has created an atmosphere that makes people feel okay with spending six dollars or more on a latte. Although its great success in the United States and many other countries
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Many multinational organizations face problems due to cultural issues these are mainly driven because of time relationships‚ human resources‚ language barriers and most of the time due to traditions that differ from country to country. “Multinational companies face a number of different cultural problems as they move forward in today’s global marketplace. Many of those problems are internal cultural problems‚ but some may of an external nature also. Given the nature of the global environment‚ multinational
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Introduction: The Cross-Cultural Approach Myth: is a story or example believed as true from a religion or culture group (usually an origin story) (The Prophet Mohamad PBUH is true for all Muslims) -myth comes from the greek word “muthos” which means word: -“muthos” are not literal words (they are metaphors) -“logos” are literal words The difference between Myth‚ Legends‚ Fairytales Myth: origin stories Legends: stories that may or may not be believed Fairytales: stories that starts with
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Cross Cultural Perspectives ETH/316 In this paper I am going to cover the cultural and ethical factors involved with a company by the name of Levi Strauss and Company and the issues the company faces when attempting to expand to another country. Expansion is a goal that all companies want to achieve; because there are a lot of benefits a company can receive when expanding‚ makes more money‚ getting into the stock market‚ lower cost for part and labor‚ and most of all becoming a well-known
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Compensation and Reward system plays vital role in a business organization. Since‚ among four Ms‚ i.e. Men‚ Material‚ Machine and Money‚ Men has been most important factor‚ it is impossible to imagine a business process without Men. Every factor contributes to the process of production/business. It expects return from the business process such as rent is the return expected by the landlord‚ capitalist expects interest and organizer i.e. entrepreneur expects profits. Similarly the labour expects wages
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develop a compensation package for a vice-president‚ I prefer competency-based reward than others. First of all‚ membership-based reward does not conform to compensation of vice-president because today’s company needs new insights‚ new ideas and new tools‚ so seniority does not mean the best. Furthermore‚ membership-based reward does not directly motivate performance and work dynamic. Secondly‚ job status-based reward is matched because vice-president requires more skills and effort‚ and has more
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