Business Report of Lenovo Section 1 Introduction Lenovo was found in 1984 in Beijing and it is the world’s second-largest PC vendor. According to the last official statistic‚ Lenovo consolidated turnover of 146.6 billion Yuan and Lenovo employs nearly 40‚000 people. Lenovo is a well-known national brand in China and Lenovo is serving customers in more than 160 countries. In order to expand overseas business and access to world-class brand‚ Lenovo carried out an acquisition of the former
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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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RUGM_C05.QXD 8/18/08 4:16 PM Page 129 Chapter 5 I NTERNATIONAL CULTURE Contents Objectives of the chapter Introduction 131 Places and people differ. The Japanese tend to be very polite‚ the Australians characteristically blunt. Red means “danger” or “stop” to the British‚ but in Turkey it signifies death and in China‚ good fortune. In France getting into a grande école tends to guarantee good job prospects whereas in Saudi Arabia the wealth and status of your family
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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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of culture difference and communication across culture are required. Hofstede ’s model of culture is one of theory that uses to distinguish the group of people in the country from others. The research on cultural behaviours in many countries around the world‚ which describe to a model of five cultural dimensions: Power Distance‚ Individualism‚ Masculinity‚ Uncertainty Avoidance‚ and Long-Term Orientation were started (Hofstede 2001‚ p.9). This essay will discuss on the differences of culture between
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GLOBAL BUSINESS CULTRUAL ANALYSIS - COLUMBIA Morgan Williamson BUSI604_B16 – INTERNATIONAL BUSINESS Dr. Preacher Abstract This paper allows the opportunity to take an in depth look into the culture of the country of Columbia and how the culture affects business within the country and how it ultimately compares and contrasts with The United States. The research is broken down into four areas: The major elements and dimensions of culture in Columbia; how these elements and dimensions are
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Analysis of eBay China’s Failure and Suggestions to eBay’s Return Strategy from the Perspective of Cross-cultural Conflicts 1. Introduction Along with the development of global economy‚ no one is unfamiliar with the word of globalization‚ and the world is filled with multinational-corporations. In such circumstances‚ those companies have realized that the necessary way to survive in the global market and maintain the competitive advantages is to
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Prof. Dr. Yvonne Ziegler 24.07.09 Leadership in a Global Environment Overview Leadership • Examples • Definition • Management vs. Leadership • Culture • Cultural dimensions • Components • Communication challenge • Expatriate success factors International context Cultural Intelligence Leadership Implications Who are leaders? Leadership Which leaders do you know? Who are leaders for you? Characteristics Leadership What is characterizing a leader? Definition
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