on the company 1. Company Profile Company Name : Amana Bank Limited Registration : Registered as a public limited liability company incorporated in Sri Lanka in February 2009 and licensed by the central Bank of Sri Lanka. Business : Commercial banking entirely based on Sharia (Islamic Law) principles Country/ Market : Sri Lanka Annual turnover : Rs.200 Million Number of Employees : 420 Mission : “To share risks and rewards with all our customers by delivering Sharia compliant
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the field of cross-cultural communication. His books include: Riding the Waves of Culture‚ Seven Cultures of Capitalism‚ Building Cross-Cultural Competence‚ 21 Leaders for the 21st Century and Innovating in a Global Crisis . Trompenaars studied Economics at the VU University Amsterdam and later earned a Ph.D. from Wharton School‚ University of Pennsylvania‚ with a dissertation on differences in conceptions of organizational structure in various cultures. He experienced cultural differences firsthand
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group to another and therefore culture separates groups of people (Geert Hofstede). This applies to all kind of groups‚ such as national‚ but also organizational. In this assignment I will investigate to what extent the results of my personal cultural profile match the profile of my domestic culture (Dutch) using the 5 dimensions model (Hofstede‚ Hofstede and Minkov‚ 2010). Next to that I will discuss if the results of my cultural profile present me well‚ according to my opinion. After graduating
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Strategic Operations Issues Inventory Management Issues at Textprint Lanka (PVT). Ltd 1 Executive Summary Textprint PVT. Ltd. is a joint venture between MAS Holdings of Sri Lanka and TextprintSA of Spain. The company operates from its factory in Thulhiriya Sri Lanka doing fabric printing incorporating the latest technologies. It has come to notice that Textprint has a high inventory holding costs and this had led to capital being tied up. In this document we analyse the two programs
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Alternative dispute resolution in Sri Lanka 1. Arbitration – Arbitration Act of 1995 2. Mediation 3. Conciliation The advantages of the ADR methods are that the parties themselves are in the best position to know the strengths and weaknesses of their cases and therefore the negotiatory process can be undertaken where there is a willingness rather than engage in expensive litigation which is controlled mainly by outsiders – the lawyers. Importance of alternative dispute resolution
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1. Using China and United States as National Culture Level: PDI IDV MAS UAI LTO Power Distance Index Individualist Masculinity Uncertainty Avoidance Index Long-Term Orientation Indulgence East China 80 20 66 30 87 24 West United States 40 91 62 46 26 68 Power distance is defined as the extent to which the less powerful members of institutions and organisations within a country expect and accept that power is distributed unequally. For China‚ PDI is high at 80 and it means China is a
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ABSTRACT: Along with the trend toward globalization‚ communication across cultural and national boundaries has a significant effect on business. The Dutch management researcher Geert Hofstede’s work of culture dimensions is regarded as an approach to measure inter-cultural differences to business for scholars and practitioners. However‚ such a significant work does not escape criticism. Even though his theory consummates to six dimensions based on varies datum and is widely applied by many academics‚ McSweedney
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It took three decades of war‚ ethnic conflict and loss of thousands of lives for Sri Lankans to realize the importance of unity. Sri Lanka now stands in a position where the country is gradually recovering from brutal wounds of war and this is high time for the nation to look into aspects of promoting unity among diverse cultures and ethnic groups to avoid the reoccurrence of such a tragedy. One way of achieving unity among different ethnic groups is through education. Enlightenment of the nation
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Orientation – Past‚ Present‚ Future Basic Human Nature – Evil‚ Neutral/Mixed‚ Good Activity Orientation – Being‚ Contain/Control‚ Doing Relationships among People – Ind. Group‚ Hierarchical Space Orientation – Private‚ Mixed‚ Public Hofstede’s Dimensions of Cultural Values (1980‚ 2001) – work-related values Individualism / collectivism Low / High Power Distance Weak / Strong Uncertainty Avoidance Masculinity / Femininity (Mas – tough‚ value of success‚ money; Fem – tender‚ personal relationship‚ care)
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Hofstede cultural dimensions analysis with multinational business management _______France‚ Britain‚ Germany ‚ Italy Today‚ the world economic integration process ‚ the company’s multinational operations has become an unstoppable trend . But the Eastern and Western cultures have a huge difference . It is easy to generate conflict in business management . Cross-cultural management refers to: multinational companies operating in the presence of various cultural
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