1) Read the following two cases (Source: Cellich – Jain: Global Business Negotiations) and answer the questions after each case. You can do this either individually or with a partner. Assessment Pass/Fail. 2) Culture has a great impact on different types of negotiations. Find out the general features of business culture in your home country and how you negotiate in your own culture. Case 1 Background Brown Casual shoes‚ Inc. located in Houston‚ Texas‚ is a second-generation family-owned
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Management of risks embedded in the global business environment is a critical part of strategic planning and management process. "Failure to correctly identify and assess risks may result in market blunders‚ policy disasters‚ and or organizational crisis. It is essential for success to identify‚ assess and adapt their strategies to the environment ’ ’ (Stoffels‚ 1982). Managing an international business is different from managing a domestic business for at least four reasons: (i) countries are
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International Business‚ 14e (Daniels et al.) Chapter 11 The Strategy of International Business 1) Which of the following statements about Zara is most likely FALSE? A) Zara puts fewer products on clearance racks than most of its competitors in the industry. B) Zara’s large advertising budget generates word-of-mouth and attracts new buyers. C) New products and designs are delivered to Zara stores every three to four weeks. D) Most of Zara’s products move through the firm’s distribution center
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Cultural Differences Angela Holmes Psych/535 March 21‚ 2011 Dr. Gaston Weisz Cultural Differences Different factions of sociologists depict men differently. Functionalists suggest that a division of labor originally arose between man and women because of the woman ’s role in reproduction. By virtue of their larger size and greater muscular strength‚ men were assigned hunting and defense tasks. Conflict theorists reject functionalist arguments as simply offering a rationale for male dominance
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significance of culture.........page 4-6 3) Socio cultural components......page 6 3.1) Aesthetics................................page 6-7 3.2) Attitude and beliefs................page 7 3.3) Religion.................................. page 7-8 3.4) Material Culture.....................page 8 3.5) Cultural aspects of technology...page 8-9 3.6) Language....................................9 4) Hofstede’s cultural value dimensions...Page 9 4.1) individualism
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CHAPTER 5 Ethics and Social Responsibility in International Business Chapter Objectives After studying this chapter‚ students should be able to: 1. Describe the nature of ethics. 2. Discuss ethics in cross-cultural and international contexts. 3. Identify the key elements in managing ethical behavior across borders. 4. Discuss social responsibility in cross-cultural and international contexts. 5. Identify and summarize the basic areas of social responsibility. 6. Discuss how organizations
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International Business Lecture Notes Collin Starkweather1 September 2012 1 Copyright c Collin Starkweather 2012. All rights reserved. 2 Contents 1 International Business Culture and Practices 1.1 Values . . . . . . . . . . . . . . . . . . . . 1.2 The Determinants of Culture . . . . . . . . 1.2.1 Hofstede’s Cultural Dimensions . . . 1.2.2 Trompenaars’s Cultural Dimensions 1.2.3 Country Clusters . . . . . . . . . . . 1.3 Social Stratification . . . . . . . . . . . . . 1.4 Cultural
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incorporated a theme of cultural difference. I loved that Far used Tennyson for the spokesperson of American poetry‚ and found it a little humorous that Laura’s almost husband ran off with the inappropriate woman. As for the writing‚ Far writes in a very clear and concise way‚ thus making it easy to follow and understand. I always appreciate this form of writing because I can read to enjoy‚ rather than read to interpret. The cultural connection in this story is actually the cultural differences. Miscommunication
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INTERNATIONAL BUSINESS Table of Contents 1.0 Executive Summary……………………………………………………3 2.0 Assignment Question1…………………………………………………4 3.0 Assignment Question2…………………………………………………7 4.0 Assignment Question3…………………………………………………14 5.0 Assignment Question4…………………………………………………18 6.0 Reference………………………………………………………………22 1.0 Executive Summary: Network Security Consultancy ltd
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Spain has four official languages: Always shake hands when greeting. On a meeting people arrives on average 30 minutes late. Spanish Spain is a sovereign state located in southwestern Europe. Spain and Portugal form the Iberian Peninsula‚ this is bordered to the south and east by the Mediterranean Sea‚ to the north and north east by France and Andorra‚ and to the west and north west by Portugal and the Atlantic Ocean. Spain also is formed by Balearic Islands in the Mediterranean
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