Culture - Power Distance This is a determinant basic to all societies that Hofstede has named. It is describing the distribution of "power" among individuals and groups in the society‚ and how inequalities in power are dealt with in these societies. Inequality of power is a basic fact of life. It cannot be 100% eliminated. Iit is impossible to have _no_ power distance‚ because this means everyone is exactly equal (skills‚ actions‚ genetics‚ etc) unless of course you are on about a bunch of identical
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CASE STUDY #2 (read for Feb 26th) THE CROSS-CULTURAL ORGANIZATION: THE MULTICULTURAL MODEL Main problem = lack of transferability of American techniques to the rest of the world (Hofstede‚ 1980b)‚ mainly to European countries in this case Differences in power distance Different levels of achievement-based incentives Differences in work-related attitudes Objective focus on the management of differentiation across cultures in an international operation and to consider the issue of transferability
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distance stress putting relationships before money‚ helping others‚ and preserving the environment. True False 11. Japan’s culture is considered to be quite feminine according to Hofstede’s masculinity/femininity dimension. True False 12. Hofstede found that culture has a profound impact on a country’s economic health by promoting certain values that either aid or inhibit economic growth. True False 13. Cultures differ strongly on such things as how subordinates expect leaders to lead
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MNO Midterm 1 Key Terms Theory: Framework‚ Structure‚ Concepts. It is an account of how things work‚ coherent in its terms‚ and applicable to phenomena that it seeks to interpret‚ understand‚ and explain. Practice: Action‚ Execution‚ what manager do Identity: the way a person constructs‚ interprets‚ and understands who they are in relation to others in their life world. Management: process of communicating‚ coordinating‚ and accomplishing actions in the pursuit of organizational objectives;
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not successful. Moreover it seems that the perception of the consulting services was not properly implemented by the manager. They took decisions instead of supporting decision making process for the manager. In other words and with regards to the Hofstede cultural dimensions approach‚ this organization can be analyzed and classified as follows: 1. Power distance index (PDI) The organization classified as large power distance due to the fact that employees accepted and expected the power is distributed
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Module Name: Managing in Global Economy Module No.: MM1910 Abstract The literature presents competing theoretical viewpoints about the factors that may potentially be influential in determining the outcome of cross-border Mergers and Acquisitions and therefore this study aims to summarize empirical findings to reach a conjoint result. This done through consideration of factors at structural level and organizational level‚ ensuring the success of cross-border M&As. The most important factor
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Global Organisational Design Challenges: When a regional player acquires an international company‚ it faces challenges similar to an organisation which is trying become a global organisation from a regional company. The three primary segments of the global organizational challenge are a. Complexity and Differentiation: When the organisation enter the international arena‚ they encounter a greater level of internal and external complexity than anything experienced on the domestic front. Company needs
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CASE: ‘Insallah: An Expatriate Challenge’ [Saudi Arabia] Sells Bladeco & steel products “Wasta” = connections “Insallah” = a feeling or cultural norm – God willing Masculinity – Mustafa refused to conduct business with a woman High Power Distance – Helped get US representative out of jail for drinking water during Ramadan Relationship-Focused & Highly Collectivist CASE: ‘Co-operating & Communicating Across Cultures’ [Germany] German led project (Jim from US to Germany) Then; American led
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1.1. List your culture? Answer Shona culture 1.2 List the other person’s culture Answer Xhosa culture 1.3 Distinguish according to Hofstede ‚ any four differences between your culture and that other person’s culture and provide an example for each dimension? Answer. Individualism vs collectivism. The xhosa people have tightly knitted social frame networks‚ their primary concern is the entire group compared to a single person. Members depend strongly on extended family groups and
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Table of Content Table of Content Part A 3 1. Introduction 3 2. Literature review 3 3. Analysis 7 3.1 Professionalism 7 3.2 Flexibility 8 3.3 Optimism 9 3.4 Transparency 9 4. Conclusion 10 Part B 12 Part C 14 References Appendix 1 Part A 1. Introduction In recent decades‚ Australia accounting regulatory system becomes increasingly stronger. Corporation law‚ the professional accounting bodies as well as the Australia Securities and investment commissions
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