cultures. Moreover‚ in order to get deeper understanding of the matter we adapt our professional skills to the cultures and working style of the countries in question. As an example of this we will analyze these cultures using a cultural framework of Trompenaars. First of all‚ in order to trace a line between any countries and figure out what do they differ in‚ one should take into account the climate discrepancies in the countries exposed to an analysis. This peculiarity has a significant impact on
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Trompenaars’s Dimensions Universalism vs. Particularism Universalism is the belief in: rules or laws that can be applied to everyone; agreements and contracts are used as the basis for doing business; rules are used to determine what is right; contracts should not be altered. Particularism is the belief in: placing emphasis on friendships and looking at the situation to determine what is right or ethically acceptable deals are made based upon friendships; agreements are changeable;
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Chevron Corporation after they acquired Gulf Corporation in what was the largest merger in history at the time. This merger doubled their oil and gas activities‚ as well as solidifying their presence industry. In a joint venture with the Republic of Kazakhstan‚ they were able to develop a giant oil reserve named Tengiz Field in 1993. Soon after acquired Rutherford-Moran Oil Corporation‚ as an inroad into the Asian natural gas market. They became the second largest U.S. based oil company under the name
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main difference between managers and leaders is that some managers cannot sleep because they have not met their objectives‚ while some leaders cannot sleep because their various objectives appear to be in conflict and they cannot reconcile them.” (Trompenaars and Hampden-Turner‚ 2002) Conventionally‚ managers are told what to do‚ while leaders decide what to do. Goldhaber‚ Chandra‚ and Manuel (1997) state that Leaders are the ones that drive new initiatives‚ inspire and motivate people‚ and have a vision
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Atl Econ J (2014) 42:317–332 DOI 10.1007/s11293-014-9418-2 The Effect of the Global Financial Crisis on Transition Economies Anna Shostya Published online: 1 June 2014 # International Atlantic Economic Society 2014 Abstract This research offers new insights into the effect of the Global Financial Crisis of 2007–2009 on the countries that used to be part of the Soviet bloc by focusing on a cross-regional comparison. Twenty-eight countries are grouped according to different criteria and the corresponding
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75 Books that Made Management Managerial Pre-History The Art of War (500 BC) Sun Tzu The Prince (1500) Nicolo Machiavelli The Wealth of Nations (1776) Adam Smith On War (1831) Karl von Clausewitz On Machinery & Manufactures (1832) Charles Babbage 1900 - 1929 The Principles of Scientific Management (1911) Frederick W. Taylor Motion Study (1911) Frank Gilbreth General and Industrial Management (1916) Henri Fayol My Life and Work (1923) Henry Ford The Thirties Onward Industry (1931) James
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The Evolution of Power Distance in Russia Several authors such as Hofstede‚ Shwarz and Trompenaars investigated the characteristics of power distribution in different societies‚ each with their own accents. Hofstede uses the criteria of power distance. It describes to what extend a countries population accepts that power in organisations and institutions is unquelly divided. In other words ; is the power distribution mainly based on vertical or horizontal relationships? (Nardon & Steers‚
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o )j o lo lo lo o o o o o o o o a o o o o o o o o o o o o o t O o o o io o o lo o o O 1o lo lo o o Managing Across Cultures in a Big Four Consulting Firm Dr Peter Massingham School of Management and Marketing University of Wollongong Email: peter-massingham@uow.edu.au Ph: O2 42 213 642 Fax:02 42272785 o o o o’ o o o o o o o o o o o o o o o o o a o o o o o o o I o o o o o o o
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in the Interlinked Economy. Collins: London. Slater‚ Stanley F. and John C. Narver (2000)‚ "The Positive Effect of a Market Orientation on Business Profitability: A Balanced Replication‚" Journal of Business Research‚ Vol. 48‚ No. 1‚ pp. 69-73. Trompenaars and Hamden-Turner (2002)‚ Riding the Waves of Culture [2nd edition]. Nicholas Brealey.
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Toedtling‚ F.‚ Van Reine‚ P.‚ Doerhoefer‚ St. (2011). Open Innovation and Regional Culture - Findings from Different Industrial and Regional Settings. European Planning Studies‚ Vol. 19. Trompenaars‚ A. (1993). Riding the Waves of Culture: Understanding Diversity in Global Business‚ 2nd Ed. New York: McGraw-Hill. Trompenaars‚ F.‚ Woolliams‚ P. (2003). Business Across Cultures. Wiley. Wilson‚ D. (1992). A strategy of change: Concepts and Controversies in the Management of Change. Routledge. Yukl‚ G. A. (2013)
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