Managing cultural diversity in an organization i. Introduction The world is now on the way to reach with globalization‚ all the countries in the world try to share their labors‚ try to create their relationship‚ and they are all trying to work to together among the different nations. In this context‚ all the people need to adapt themselves with the different cultural situation. Managing cultural diversity is the most importing thing in the world of globalization. Cultural diversity is defined
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Nursing 502 September 22‚ 2010 > Cultural diversity is a concept that is of increasing importance in the delivery of quality health care. It is this cultural awareness that allows healthcare professionals to see the entire picture of the patient and thus improves quality of care and healthcare outcomes The cultural values of specific ethnic groups have a direct influence on how they perceive healthcare‚ how and when they seek healthcare and how they respond to healthcare providers. There
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multinational corporation Company or enterprise operating in several countries‚ usually defined as one that has 25% or more of its output capacity located outside its country of origin. The world’s four largest multinationals in 2000‚ were Exxon Mobil‚ Wal-Mart Stores‚ General Motors‚ and Ford Motor their joint revenues were more than the combined gross national product of all African countries. 22 multinationals made more than $6 billion profit in 2000‚ and Exxon Mobil made $17.7 billion profit
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A Multinational Corporation has been described as one that has production facilities or other fixed assets in at least one foreign country and makes its major management decisions in a global context. In marketing‚ production‚ research and development‚ and labor relations‚ its decisions must be made in terms of host-country customs and traditions. In finance‚ many of its problems have no domestic counterpart-the payment of dividends in another currency‚ for example‚ or the need to shelter working
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Worker Abuse in Multinational Corporations Multinational corporations produce and sell merchandise to U.S. customers that are mostly made by workers living in third-world countries. Few people are aware of how and where the products they buy are made. People all around the world move to the United States for employment opportunity‚ but instead they receive unfair treatment in work places. Employees who live in third-world countries that are employed by large U.S. companies are treated poorly as
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The role and impact of multinational corporations in the world economy. Introduction: Looking around. Before we will start our topic under consideration‚ let me draw generalized picture form our everyday lives. Imagine that you are coming back home from your lovely work. You are driving your Volvo car of 2002 model year‚ during this you are talking with your darling‚ by your new Nokia N97‚ and she promise to be at home after one hour and cook for you dinner. After 20 minutes you are at home
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Reading 1-1 The tortuous evolution of the Multinational Corporation In these days‚ almost of companies in the world desire to becoming multinational corporation. They know that multinational corporation tend to be regarded as more progressive‚ dynamic‚ geared to the future than provincial companies. They want to spread their subsidiaries not only all over the country‚ but also all over the world. Usually‚ the multinational corporation has headquarters in one country and operates subsidiaries
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Multinational Corporation and the Global economy Multinational Corporation A corporation that manages production or renders services in more than one country. Classification of Multinational Corporations Subsidiaries If you company is cash rich‚ then acquisitions may be a better strategy than establishing branches. Acquiring a local company for the purpose of vertical or horizontal integration is fast and comparatively easy‚ provided that you plan to leave the original business (branch
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Term Paper On “Cultural Diversity in the Global World” Course Name: Comparative Management Course No: IB-303 Submitted to: Muhammad Shahin Miah Lecturer Department of International Business Faculty of Business Studies University of Dhaka Submitted by: Md. Jahir Hasan Id: 22 4TH Batch‚ 5th Semester Department of International Business Faculty of Business Studies University of Dhaka
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Cultural Diversity Jovon Roberson SOC/315 March 26‚ 2012 M. Burke Cultural Diversity 1) What are the dimensions of cultural diversity? Identify and briefly explain the dimensions by referenced both text books. A known measurement‚ in addition to insertion is counting various folks during a method so as to makes him or her undergo with the intention of them‚ which are very important contributors and treasured. Diversity encompasses an individual’s similarities plus differences plus
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