Chapter 3- Managing in a Global Environment Notes * Today’s companies and managers operate in a borderless world that provides both risks and opportunities * Globalization- Refers to the extent to which trade and investments‚ information‚ ideas‚ and political cooperation flow between countries * The most globalized countries according to one ranking are Belgium‚ Austria‚ the Netherlands‚ Switzerland‚ and Swden * Managers can move their companies into the international arena on a variety
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Communication Chau Tsz Wai‚ Iris 11092510A (B01B) Submission Date: 21 March 2013 Based on the Hong Kong’s cultural traits of Geert Hofstede’s research‚ Hong Kong has high level of power distance index‚ medium level of masculinity‚ low level of uncertainty avoidance index and low level of individualism. I partly agree with the results. I only agree the first three of cultural traits of Hong Kong and I think Hong Kong is more likely to be medium level of individualism. About the power distance index
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but often with highly qualified people. Another Difference is the Uncertainty Avoidance both countries have. For example‚ France has a strong Uncertainty Avoidance‚ meaning that their cultures have a great deal of structuring of organizational activities‚ more written rules‚ less risk taking by managers‚ lower labor turnover‚ and less ambitious employees. Unlike the United States culture that has a weak Uncertainty Avoidance meaning that these cultures are more willing to accept risks associated
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studies point of view. The film helps people visualize the underlying multicultural issues‚ particularly the concepts of Geert Hofstede. Hofstede has five categories of cultural values. Individualism versus Collectivism‚ Power Distance‚ Uncertainty Avoidance‚ Masculinity and Femininity‚ and Long versus Short Term Orientation. These values are all described‚ easily seen and understood in this movie. As seen throughout the movie the Americans are portrayed as and frequently called special. This
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programming of the mind which distinguishes the members of one human group from another" (Hofstede 1983 p. 25). Through the comparison of Chinese culture and Australian culture using Hofstedes five cross-cultural dimensions: power distance‚ uncertainty avoidance‚ masculinity‚ individualism‚ and long-term orientation an insightful view into the differences and similarities of the cultures can be obtained (Chong & Park 2003). Human Resource Management (HRM) activities such as: recruitment and selection
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Virgin Atlantic Airways‚ founded in 1984‚ has grown rapidly to become one of the UK’s largest airline carriers and now serves 31 destinations worldwide. Well known for pioneering many service innovations and setting new standards for the airline industry‚ Virgin Atlantic continues to expand. But despite their growth the airline still remains customer focused‚ with an emphasis on value for money‚ unique offerings and high quality service. http://www.capitalcapture.com/Libraries/Documents/CC_CaseStudy_VirginAtlantic
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MKT B391F International Business Management I Week 4 National Differences in Cultural and Competitive Environments McGraw-Hill/Irwin Copyright © 2011 by the McGraw-Hill Companies‚ Inc. All rights reserved. Learning Outcomes Explain what is meant by the culture of a society. Identify the sources that lead to differences in social culture. Identify the business and economic implications of differences in culture. Describe how differences in social culture influence values in the work
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Human Relations DOI: 10.1177/0018726705061314 Volume 58(11): 1467–1494 Copyright © 2005 The Tavistock Institute ® SAGE Publications London‚Thousand Oaks CA‚ New Delhi www.sagepublications.com Problems‚ problems‚ problems:The social construction of ‘leadership’ Keith Grint The invasion of Iraq was premised upon accounts of the situation that have proved unsustainable‚ but that has not generated a change in the strategy of the coalition forces. Conventional contingency accounts of leadership suggest
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are provided to the senior management team of TCL with an appropriate understanding of Vietnamese culture‚ and the different between Vietnamese culture and that of China. The analyses come up with 2 similarities which are individualism and uncertainty avoidance and 3 differences which are power distance‚ masculinity and
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cultural frameworks of various countries and communities in the world at large overtime. Hofstede studied the cultural framework of Norway and came up with five dimensions. These are Power Distance Index‚ Individualism‚ Masculinity‚ Uncertainty Avoidance Index‚ Long-Term Orientation (Hofstede). Hofstede describes masculinity as the opposite of femininity and in culture it refers to the roles that the males carry out as compared to the females in a community. This dimension by Hofstede shows
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