A socio cultural environment is a sum of practices‚ customs‚ attitudes‚ beliefs and behaviors that occur within population. It is influenced by cultural norms‚ demographic information and religious information. International organizations often do an inspection of a socio cultural environment before entering target market‚ because it helps the company to modify products and services appropriately. There are a lot of details that are important to understand‚ in order to do business in Venezuela and
Premium Venezuela Interpersonal relationship Cross-cultural communication
Hofstede cultural dimensions 5 dimensions 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". Individualism pertains to societies in which the ties between individuals are loose: everyone is expected to look after himself or herself and his or her immediate family. Collectivism as its opposite pertains to societies in which people from birth onwards are integrated
Premium Cross-cultural communication Gender Gender role
Socio-cultural impacts Before FIFA World Cup 2010 launched in South Africa‚ the main attraction was mostly on gold and diamonds. The number of crime rate is what people knew about South Africa‚ and since the high crime‚ so there are not so many people come to South Africa for travel or investment. Therefore‚ most of the cultural in South Africa are not familiar by the world. But FIFA World Cup has been the biggest and a very successful promotion for the cultural of South Africa and it also make
Premium FIFA World Cup Association football South Africa
Socio-cultural The demographic trend is going to the younger generation. For the past years‚ Elorde Boxing Gym was only visited by people who earn money or adults but recently‚ the young genration is starting to dominate the Elorde Boxing Gym. The rise of Manny Pacquiao helped the gym attract more customers especially the young generation. The emergence of Filipino Boxing helped the Elorde Boxing gym attract customers. People especially the youth look up to Manny pacquiao‚ Nonito Donaire‚ Brian
Premium Philippines Anderson Silva Manny Pacquiao
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
Premium Cross-cultural communication Fons Trompenaars Culture
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)
Premium Motivation Maslow's hierarchy of needs Sociology
Hofstede Cultural dimensions: India is a vast country known for its diversified culture and traditions. The unique characteristic of India is its “unity in diversity”. In India Relationships and feeling plays a larger role in decisions. Indians tend to take larger risks with a person whose intentions they trust. Thus‚ one’s credibility and trustworthiness are critical in negotiating a deal. Indians are ‘polychronic’ people‚ ie they tend to deal with more than one task at the same time. Indians
Premium Geert Hofstede Cross-cultural communication
behaviour and purchasing patterns of the market. Fundamentally‚ this is the key condition for executing a suitable customer relationship management system. Some of the Sociocultural forces from the countries where they were planning to enter that Mc Donald’s took into consideration Cultural Population changes Educational Levels Norms and Values Cultural: McDonald’s international restaurants satisfy local tastes and customs by offering unique products‚ services and other items to the menu
Premium Customer relationship management Sociology Customer service
TOU2002 – Tourism Impacts and Sustainability Topic: Socio-Cultural impacts of tourism Tourism considered as global phenomenon which is carried out by persons itself. This naturally results in meeting of different culture‚ economy‚ progress‚ status‚ etc. round the globe. Human being considered as social animal cause’s significant social culture impact by tourism. According to Teo (1994) impacts are defined as “change in value system‚ moral‚ conduct‚ individual behaviour‚ relationship
Premium Tourism
Tapping Into The Power Lines - A 3 Dimension of Project Management‚ Beyond Leading and Managing INTRODUCTION Tapping into the power lines—the concept of a further set of skills and experience beyond those required to manage and lead the project’s diverse set of stakeholders on major projects in large‚ complex environments is explored in this paper. Special skills‚ beyond leadership and management‚ provide project managers with the wisdom and knowledge to map power and influence grids using
Premium Project management