BRIEF INTRODUCTION OF BRITISH PETROLEUM
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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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Organizations can create it to define themselves or get branded due to their actions. Therefore‚ its more important to have a the right image that reflect an organization’s commitment to quality‚ excellence and its constructive role in the society. British Petroleum (BP) is a major enterprise to redefine its core values in the light of its ethical considerations. It is an example of antagonism between its core business and it’s core values. Since years it has been subject of criticism more than any other
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for all where there is clear emphasis on equal rights in all aspects of American society. Power is widely shared. The organisation’s hierarchy is established for convenience where superiors are accessible and managers rely on individual employees and teams for their expertise. Both managers and employees expect to be consulted and information is shared frequently. At the same time‚ communication is informal‚ direct and participative to a degree. Individualism is the degree of interdependence a society
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1) Cultural dimensions = critique of HOFSTEDE‚ TROMPENAARS‚ PROJECTGLOBE 2) Look for your country HOFSTEDE (rating : do you agree ; give examples) 1)a) HOFSTEDE The research findings of Hofstede‚ describe the cultural features‚ and assists in clarification of some cultural and behavioral paradigms in organizations in different countries. Five cultural dimensions which based on them Hofstede classified the countries are as follows: Individualism against collectivism: This dimension is regarded with
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The Geert Hofstede Cultural Dimension Business Essay This chapter is divided into two sections. The first section defines culture‚ its importance in international business and the various cultural dimensions for working globally. The next section describes the culture of India and U.K. and reviews the impact of culture on the working of Hilton Hotel Group in both the countries. Finally‚ it ends with a brief summary. CULTURE Hofstede (2003) defines culture as “the collective programming of mind
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Background Company overview British Petroleum (BP) is the world largest retailer of gasoline in the United States. It ranks at the top of three global oil and gas industry. From the corporate watch website (2009)‚ it pointed out that almost 70% of the profits are gained from the US and Europe. In addition‚ BP is also devoted for aviation fuels and shipping aspects. It is reported that about 900 ports and more than 1400 airports have been supplied by the BP’s lubricants and fuels. Meanwhile
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Geerte Hofstede analysis Globalization is nowadays evidential in nearly every aspect of life. It can be shortly described “as the world is getting smaller”[1]. “The term describes the growing political‚ social‚ cultural‚ economic and technological interconnectedness and interdependence of the world today. As communication technologies advance‚ cultures continue to overlap and influence each other.”[2] What are the differences especially in cultural dimensions in countries like Germany and the United
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Group presentations about Hofstede’s cultural dimension 1. A brief presentation of Geert Hofstede and his background Geert Hofstede was born 2 October 1928 in Haarlem. He is a Dutch social psychologist that did a pioneering study of cultures across modern nations. Geert has made these models that classified culture along four different dimensions – Power Distance Index‚ Individualism versus Collectivism‚ Masculinity versus Femininity‚ Uncertainty Avoidance Index‚ Long Term Orientation versus Short
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of reference 2. Procedure 3. British Petroleum 3.1. British Petroleum (BP) 3.2. Background 4. British petroleum SWOT analysis 4.1. What is SWOT analysis? 4.2. Strengths 4.3. Weaknesses 4.4. Opportunities 4.5. Threats 5. BP Porter’s Five Forces Analysis 5.1. What is Porter’s Five Forces Analysis? 5.2. Threat of New Entrants 5.3. Buyer Bargaining Power 5.4. Supplier Bargaining Power 5.5. Threat of Substitutes
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