integrating business operations‚ both factors become co-linked for a corporation to be successful in foreign waters. Hofstede states that national culture is a collective occurrence and is learned from one’s social environment‚ it is a set of values‚ norms‚ practices‚ symbols of communication and rituals shared and recognized only by a group of people or society that share that culture. (Hofstede & Minkov‚ 2010). Taking into account cultural differences has become a side issue for businesses‚ the
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expatriate manager in Colombia. By taking into consideration Hofstede‚ Bond‚ Trompenaars and other cross cultural management researchers to advise the UK manager about the Colombian culture‚ taking into consideration the differences between leadership styles‚ decision making‚ recruitment and selection‚ motivation‚ planning and team versus individual working.The reason for selecting Colombia was that according to the results by Geert Hofstede‚ these two countries are very opposite to one another. Therefore
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Comparison of Economic Growth between The Netherlands and Germany (1978-2009) Introduction About 16 years ago‚ when European Community became European Union(hereinafter to be referred as EU) ‚ the Netherlands and Germany‚ as two founding members of the EU‚ have been played an important role in European and world’s economy. When talked about Dutch economy‚ East indies company must be a start. As the first company in the world‚ it helped the Netherlands to be the leader of world’s economy
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European Journal of Economics‚ Finance and Administrative Sciences ISSN 1450-2275 Issue 24 (2010) © EuroJournals‚ Inc. 2010 http://www.eurojournals.com The Empirical Relationship between Trading Volumes & Stock Return Volatility in Indian Stock Market Naliniprava Tripathy Associate Professor (Finance)‚ Indian Institute of Management Shillong Meghalaya‚ India‚ PIN 793 014 E-mail: nalini_prava@yahoo.co.in/ nt@iimshillong.in Tel: +91-364-2308037‚ Fax: +91-364-2230041 Abstract This study investigates
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that helps to have people from different cultures in the same organizations. As a consequence‚ the modern organizations are having a rich diversity of persons of different nationalities and the interaction among them is unavoidable. According to Hofstede (1991) people of different nationalities have different mental programs‚ which build different perceptions of what happens. The diverse points of view or perceptions of the people can bring to the organization disagreements and conflicts due to the
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Nikolova‚ N. (2006)‚ 21717 International Management‚ 2nd Edition‚ Pearson Education Australia. • Hofstede‚ G. (1980). ‘Motivation‚ Leadership‚ and Organization: Do American Theories Apply Abroad?’ Organizational Dynamics‚ 9‚ 42-62. • Hofstede‚ G. (1980). Culture’s Consequences: Comparing Values Behaviors‚ Institutions‚ and Organizations across Nations. 2nd Ed. Thousand Oaks‚ CA: Sage. • Hofstede‚ G and Hofstede G‚ J. (2005). Cultures and Organizations; Software of the Mind (2nd edn)‚ McGraw-hill‚ New
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business communication‚ managing business‚ negotiation style and international marketing have been discussed following. The recommendations will be provided considering the culture difference between two countries. Contents 1. Introduction 2. Hofstede Culture Dimensions 3. Belief‚ Value and Norms 4. Impacts on International Business Activities 5. Conclusion 6. Recommendations 1. Introduction As a result of technology improving and globalization‚ the world has become smaller
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References: Cook‚ J.‚ & Finlayson‚ M. (2005). The Impact of Cultural Diversity on Web Site Design. SAM Advanced Management Journal (07497075)‚ 70(3)‚ 15-45. Retrieved October 16‚ 2007‚ from Health Business Fulltext Elite database. Hofstede‚ G. (1996). Cultures and Organizations: Software of the Mind: Intercultural Cooperation and Its Importance for Survival. New York‚ McGraw-Hill. House‚ R.‚ Hanges‚ P. J.‚ Javidan‚ M.‚ Dorfman‚ P. W.‚ & Gupta‚ V. (2004). Culture‚ leadership‚ and organizations—The
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the most rational parts of organizational life" . Moreover I will criticize the effect of organization culture in the design of organization structure base on Gareth Morgan ’s idea and the effect of national culture on organization culture based on Hofstede ’s idea . Lastly‚ I will explain how power can exist in different organization cultures by using theoretical approaches from Gareth Morgan and Mullins Book. By viewing Organizations as Cultures‚ we focus them as mini-societies with their own distinctive
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cultural dimensions employed in the study) and methodological (e.g.‚ use of analytical technique) criteria. Although researchers have advanced in both conceptual and methodological respects‚ the studies still focus strongly on the dimensions from Hofstede (2001); methodologically‚ the dominance of two-country studies is problematic. Further‚ survey data from North America and Europe and researchers based and trained in North America and Europe are still dominant in the research field. © 2010 Elsevier
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