Why cultural awareness is important in business? INTRODUCTION The main objective of the academic essay is to explain why cultural awareness is important in business. It demonstrates about culture and the uses of it in business. Communication is a vital element in a business both internally and externally as it is a source of exchanging information. Corporate culture is a part of communication which is introduced. The essay includes barriers to communication and their consequences‚ to rectify
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Executive Summary Eagle Motors Ltd is a well-established Swedish Car Manufacturing Company trying to set up their firm in Australia. In order to compete successfully in the car industry in Australia‚ Eagle Motors Ltd needs to conduct an analysis of the industry context in which they would like to operate. Using the porters five forces model‚ this provides a detailed analysis of the competitive nature of the Australian car industry and also it suggests an appropriate competitive strategy for Eagle
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Organizational Culture Essay Organizational culture is a complex concept including many different meanings. In this essay‚ the definition of organizational culture is described as "a set of shared values and norms that controls organization members "interaction with each other‚ and with suppliers‚customers and others outside the organization‚ given by Gareth Jones. According to Morgan ’s theory‚ metaphor is a method to explain a phenomenon or create meaning by using one element of experience to
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Uncertainty Avoidance What is Uncertainty Avoidance? The Uncertainty Avoidance is one of the five intercultural dimensions developed by Hofstede. This cultural index concerned with a community’s tolerance for dubiousness and amphibology. It demonstrate to what extent a culture programs its members to feel either inconvenient or convenient in unstructured situations. This situations are new‚ unfamiliar‚ surprising‚ and different from usual. Uncertainty avoiding cultures try to reduce the opportunity
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Research and Practice in Human Resource Management‚ 11(1)‚ 1-14. http://en.wikipedia.org/wiki/Hofstede ’s_cultural_dimensions_theory http://en.wikipedia.org/wiki/Geert_Hofstede http://eleedan.com/articles/article-2.html http://www.ukessays.com/essays/management/chinese-culture-and-recruitment-in-china-management-essay.php http://www.mindtools.com/pages/article/newLDR_66.htm Michael Minkov and Geert Hofstede (2012)‚ ‘Hofstede’s Fifth Dimension: New Evidence From the World Values Survey’‚ Journal of
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Table of contents Introduction The case is about two major companies with completely different backgrounds: Philips and Matsushita‚ both competing in the same market: the (consumer) electronic market. Both multinationals quickly grew out to be big successful companies in the market. Each one of these companies followed a completely different strategy. However‚ both companies encountered many challenges after the achievement of success. The culture of Matsushita and Philips
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Part 1: an individual essay on how values affect individual and organizational behavior Values The topic of values has become a plethora item of debate in many areas‚ particularly in the field of organization behavior. Values can be defined as the basic convictions that a specific mode of conduct or end- state of existence is personally or socially preferable to an opposite and converse mode of conduct or end state of existence (M. Rokeach‚ 1973). Value predicts various aspects of individual’s
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CONTENT Chapter 1 Introduction………………………………………………..3 1.1 Aims and Objectives…………………………………………………………….3 1.2 Introduce the international human resource management………………….3 Chapter 2 the impact of national culture……………………………4 2.1 What is culture? .................................................................................................4 2.2 National culture…………………………………………………………………..5 2.3 Strategic human resource management in multinational companies………7 2.3.1the strategic planning process
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also a big importance of instructions‚ regulations‚ written contracts‚ meeting agendas and so on. Examples: Lawyers representing angry clients Example of countries: North America‚ UK‚ Australia 3. Outline and briefly discuss the five Hofstede dimensions. How might each of these dimensions impact on work practices? Hofstede’s 5 culture dimensions: Power distance Power distance expresses the degree to which the less powerful members of a society accept and expect that power is distributed
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Cola outside North America * Ever changing consumer preference. * Competition from cheaper private labels * Snack products though are more profitable‚ they do not generate goodwill among consumers due to low nutrition content in them.Geert Hofstede Cultural Dimensions | Power Distance Index Higher power distance societies tend to be less egalitarian‚ while democratic countries exhibit low power distance. Countries with a lower power distance indicator will also have a more equal distribution
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