Culture with Business Review of Lu

In: Business and Management

Submitted By esn99
Words 350
Pages 2
a. Why is intercultural communication so important in this day and age?

With the globalization of marketing, advancement in transportation and information, a company may have many employees in different cultures. The more tolerance, awareness and accommodation in workplace, the more effective the productivity is.

b. Define the term culture.

Culture is the complex system of value, traits, morals, and customs. Shared by a society. We try to understand the clothing, medical, religion, language and etc. Of the country.

c. What is a low and high impact culture? Why should we know this?

Low impact cultures tend to prefer initiative, self-assertion, and personal achievement. Desire a large degree of freedom in their personal lives. High impact cultures tend to prefer group values, duties, and decisions. Emphasize membership in organizations, groups, and teams. This will help us know the difference between two different culture direction, understand the different characteristics of both.

d. What is ethnocentrism? Do we want to have it or avoid it?(民族优越感)

Ethnocentrism is judging another culture solely by the values and standards of one's own culture. We can not take a rigid attitude based on preconceptions. Stereotype and prejudice should be change. We should judging different cultures as a open perspective.

e. What happens to companies that fail to do cultural research before entering new markets? How can this be avoided? How can cultural research be done successfully?

The company may get loss in trade or have trouble with the government. In some countries, briberies are necessary when doing business, if the company did not realize this when making a trade with the companies in these countries, the company will fail in entering this market.1, Better understanding of other culture. 2 find…...

Similar Documents

Business Ethics Across Cultures Article Review

...Business Ethics Across Cultures Article Review XMGT/216 Business Ethics Across Cultures Article Review The first article I reviewed was titled Islamic finance: Notion of stewardship imbues business ethics. The author discussed the global economic crisis of 2008 in Islam. He reviewed how the lack of training of Islamic employees in ethics contributed to the economic crisis. Several of the ethical lapses that occurred during the ethical crisis were caused by risk also known as gharar and gambling. Both gharar and gambling are banned by Islamic law (Smith, 2012). The author argues that religious beliefs not limited to Islam can influence more responsibility within a business’s leadership. Omneya Abdelsalam, the director of the El Shaarani Research Centre for Islamic Business believes the belief of god and his power brings an acute level of accountability and responsibility (Smith, 2012). The suggestion of Dr Abdelsalam is that the belief of religion has a direct power of the way individuals conduct business. Islamic businesses primary ethical perspectives are to fulfill social responsibility of the business to the best of its capabilities, have fair treatment for employees, care for the environment and customers, and fulfilling the obligation toward shareholders and other stakeholders (Smith, 2012). Challenges faced by Islamic businesses are the views of tangible assets and some principles. Cedomir Nestorovic, a professor of Islamic business and management states......

Words: 1523 - Pages: 7

Business Culture

...Business culture and strategy Content 1.Introduction 2 2.The possible strategies adopted by organisations and its environment 2 3.Identify the strategy used by the company during the certain period 3 4.Compare the the influence the strategy has had on behaviour 4 5.Differentiation strategy 5 6.Major factors to cause changes 5 7.Key issues that the organistion has had to take account of in order to manage its business strategy 6 8.The reason why the strategy of the arganisation has changed over time. 8 9.the stakeholder power that lead the changes in organisation 8 10. the role of management could play in dealing with the changes 9 11.Conclusion 10 1.Introduction JD Wetherspoon plc was founded by Tim Martin who opened the first JD Wetherspoon pub in 1979. In 2002, its share price rose to more than ten times its original value. Although JD Wetherspoon was successful in the past, it was facing much more problems by the start of the twenty fist century. JD Wetherspoon has made some changes in many aspects which conclude its operation .As a result; JD Wetherspoon is successful in remaining a successful business. 2.The possible strategies adopted by organisations and its environment Diversification strategy: this is where we market completely new products to new customers. There are two types of diversification—related and unrelated diversification. Related diversification means that we remain in......

Words: 2390 - Pages: 10

Business Ethics Across Cultures Article Review

...Business Ethics Across Cultures Article Review XMGT/216 March 5, 2012 Leat Kodua BUSINESS ETHICS ACROSS CULTURES ARTICLE REVIEW Business Ethics Across Cultures This paper will focus on the two articles that I chose to discuss, ‘Business Ethics in Australia and New Zealand1’ and ‘Business Ethics in Japan.” This paper will provide a brief summary of both articles and try to explain some of the primary ethical perspectives of the countries. In the contents of this paper there will also be a discussion on how the articles contribute to understanding global ethical perspectives and will briefly describe the similarities and differences of the business ethics in these two countries and the United States. Although the first article is titled ‘Business Ethics in Australia and New Zealand’ I will discuss only Australia as New Zealand is considered a separate country. Australia This article discusses the effects of the scandals of the 80’s and extending into the 90’s on Australia and New Zealand as both countries have always claimed to be open, fair and honest societies and the scandals that erupted during the 80’s and 90’s shocked the people of Australia exposing the corruption and dereliction of duty that existed where they felt none did. These scandals brought to light the need for ethical codes within the private and government businesses within Australia, however chief executives and senior government officials still are finding it difficult to......

Words: 1483 - Pages: 6

Business Ethics Across Cultures Article Review

...Business Ethics across Cultures Article Review Clarissa R. Hoover XMGT/216 August 4th, 2012 Dr. Frank Czarny, Ph.D. Business Ethics across Cultures Article Review Business ethics and perspectives play a major role in how every business operates on a daily basis. This essay will examine two articles of foreign countries business ethics and perspectives. In addition, the essay will provide a brief summary of the articles. Also, the essay will demonstrate the primary ethical perspectives of the two countries. In addition, the essay will discuss the contributions to understanding global ethical perspectives. Furthermore, the essay will illustrate how the business ethics of a foreign country compares to that of The United States of America. Even though, some business ethics and perspectives differ from country to country generally they are the same. It is very important to uphold an elevated level of ethical behavior when conducting business in a foreign country. There are four main ethical perspectives that one should empathize with which are: character, obligation, results, and equity (Bullard, 2009). When examining ones character individuals should establish their thoughts on what shall be perceived as good versus what is good to accomplish. Furthermore, each individual should realize everyone has a different perspective on how businesses work in a global market. Another ethical perspective one should examine is obligation. Obligation can be described as......

Words: 1606 - Pages: 7

Business Ethics Across Cultures Article Review

...Business Ethics Across Cultures Article Review XMGT/216 Steven Cusick This discussion on the business ethics in China and Canada are going to be covered using a pair of articles written on the business ethics in these two countries on opposite sides of the world. This could be a difference due to the difference in cultures as well as a difference between the economies of the two different countries. These are both articles that cover where these countries are with their business ethics and some reasons that they have or are seeing some issues with this particular topic of the business world. The first is “Business ethics in China: A human resource management issue?” which is an article on the dismal ethics code that is heading toward improvement in the country. There is a discussion on the relationship between the poor business ethics in China and the deep traditions that are directly related to the ancestry of the country and its people. Along with these traditions there is also a comparison to the economy of China being in a transitional phase and there being a higher want to get rich quick as it was more about taking advantage of these lower ethics to reap the larger benefits. In the article “Business ethics in Canada: Distinctiveness and directions” there are some distinct influences in this business community. This article discusses how Canadian business communities have gone the route of incorporating all aspects of social life as well as the economic......

Words: 1389 - Pages: 6

Business Culture

...IV. Corporate Culture What is this powerful force called “organizational culture” that can determine success or failure in an acquisition and merger. It has been defined in various ways that to work with the culture of an organization is to work with all aspects of a company. “It is the traditions, shared beliefs, and expectations about how individuals behave and accomplish tasks in organizations (Cartwright & Cooper, 1993).” All organizations have a culture, and consistent set of beliefs, shared by most of the members of the organization about how people should behave at work and what tasks and goals are important. The culture also includes and is shaped by the pattern of successful internal responses to adapt to external threats and issues. Since, the culture is results of past successes it will resist change even though a change in the environment, specifically a merger or acquisition, might impose a change in the culture. Economic globalization is viewed by some as the best hope for world stability, by others as the greatest threat. But almost everyone accepts that businesses of all types must embrace it. Organizational culture is a big aspect to globalizations. For recent years more and more international companies has merged. There are very successful acquisitions and mergers, but on the other hand, there are also unsuccessful mergers due to the differences of corporate culture. Some factors of the difference of corporate culture that firms......

Words: 2475 - Pages: 10

Business Culture

...Introduction to Business 110/1 Student number: 140009376 Module Tutor: Glen Chapman Submission Date: 14/03/2014 TITLE: Compare and Contrast the four types of Business Culture illustrated by Charles Handy. Discuss which culture is appropriate for an innovative business Word count: 1327 words Despite not always being an intentional creation, every company has a culture, which evolves from the core values belonging to the business. Culture can be loosely defined as shared beliefs and values of a group: the beliefs, customs, practices, and social behaviour of a particular nation or people. In the world of business this definition of culture can be used to differentiate one business from another. Different businesses have different values, customs and practices in the way they run their organisations and thus it is important to be able to identify the culture a business implements because this can be said to be the core foundation of a business. Innovation might be defined as the act or process of inventing or introducing something new, a new invention or way of doing something, innovation is the core of many businesses in the 21st century, due to the rapid advancement in technology. This essay aims to narrow down and compare and contrast the four type’s business culture presented by Charles Handy. This essay will also discuss which culture might be most suited to an innovative business. Handy (1993). Handy (1993) illustrates the power culture as a ‘web’. He......

Words: 1380 - Pages: 6

Culture and Business

...Culture and its implication on the international business management. Introduction Today, problems associated with global business management have been identified as factors that negatively impact the performance and productivity of multinational corporations and in turn, adversely affect regional and national economic growth The goal of this paper is to analyze the influence of culture in international business. The globalization of the world economy has intensified international relationships, increasing the importance of cultural dimension. The world is being affected by the globalization of the economy. This phenomenon is bringing movement of companies, assets, services, capital and people. Analyzing globalization this process is taking the world to major changes in the economic, technologic and social areas, which are having consequences in all organizations and societies that participate in this globalized market. It is a process that does not bring equal benefits to all participants. The globalization concentrates more of its actions in some sectors of economic activity and some regions and countries, rather than acting everywhere. With the world getting flatter doing business anywhere in the world is easier today, because of major changes in technology, global politics and expanded educational opportunities. But it is not only businesses that are affected. Governments, NGOs and society itself is changing at a fast pace. Nevertheless going forward can only......

Words: 4150 - Pages: 17

Business Ethics Across Cultures Article Review

...------------------------------------------------- Business Ethics across Cultures Article Review Meghan Kraft XMGT/216 Deborah Pryer November 22nd 2015 Business Ethics across Cultures Article Review For centuries countries have been sharing their goods, services, cultures, and ways of life with those who visit or decides to do business with their country. While most would assume that people in another land speaking a different language, following a different religion, and eating different food would more than likely perceive and behave differently from than our own; the truth is that even though these differences may be perceived, very little is done to actually understand them appropriately unless it is deemed necessary. It is obvious that through globalization, that not just one, but each and every country has its own problems with ethics regarding business. It is made quite clear that there is a common scourge in business practices worldwide. It is also very clear that we are victims to the same faults that occur in humanity on a global scale. However, what is quickly becoming equally apparent, for international businesses and corporations to deal successfully with a foreign contractor, business, or even government; the proper measures must be taken to understand the differences in ethical perception and to work to accommodate those differences. Failure to do so leave many of these companies and businesses vulnerable for international ethical dilemmas that are......

Words: 1600 - Pages: 7

Business Culture

...ORGANIZATIONAL CULTURE The New HR Strategy Of Organizational Culture Donna Koravos SNHU STRATEGY OF ORGANIZATIONAL CULTURE 2 Organizational culture has become a very important business concept within today’s HR strategy. Focusing more on the satisfaction of employees has been a key factor in hiring and retaining top talent. By offering employees positive feedback, providing a positive working environment, giving them more autonomy in certain situations, and being more transparent with company goals and performance, has had a profound influence in today’s organizations. “Researchers found a relationship between organizational cultures and company performance, with respect to success indicators such as revenues, sales volume, market share, and stock prices.” Retrieved from Three firms in which HR management has focused on organizational culture and has contributed positive effects amongst their employees are Google, Scripps Network and UPS. Although three very different companies, each one has been recognized as one of the Most Admired Companies by Fortune magazine. Since its start-up, Google has had a reputation of being a people oriented company. Their HR strategy is its emphasis on organizational culture and business objectives. By tying the two together, Google has strived and maintained its open culture attitude which has lead to the company’s success. “We strive to maintain the open......

Words: 1845 - Pages: 8

Review of Globalization and Business Culture

...UNIVERSIDAD AUTONOMA DE NUEVO LEÓN FACULTAD DE CONTADURÍA PÚBLICA Y ADMINISTRACIÓN CARRERA: NEGOCIOS INTERNACIONALES REVIEW OF GLOBALIZATION AND BUSINESS CULTURE M.N.I. JORGE EUGENIO RIOS GONZALES ALUMNO: JOCELYN NAYELY CASTILLO MARTINEZ GRUPO: 1BI SALÓN: 612 26 DE ENERO DEL 2016 GLOBALIZACION AND BUSSINESS CULTURE Basically this video shows us how we can be able to be successful in a business how to communicate with other people around the world, how to be intelligently on making new partner and how to run your own business. It shows how Japanese culture is successful with their own businesses, an idea they implemented was suggestion box for their employees, they got the chance to speak for them self and the head quarter listen to them and took notes on those suggestion to see what areas were needed to be improve. It is really good when a boss takes time to listen to and hear what time of ideas you have in mind, since basically the own employees are the ones that are down there making the job and are able to see much better what is going on. Also the Indian culture they are really dedicated to their work they’re the ones that can improve our technology base on their intelligence not saying that other culture can’t but they have been the leading culture on technology base on the video. They also work with really close friends and hang out with people of their......

Words: 453 - Pages: 2

Business Ethics Across Cultures Article Review

...Cultural difference begins with the ethical variations of perspectives or business ethics of each individual international company. Language is a huge barrier when it comes to international or inter-cultural business dealings, but despite the language barrier one must consider business ethics when communicating. The rapid growth of globalization has prompted businesses to develop international codes of ethics that are used world wide as a standard of ethics no matter what culture or country one is dealing with; this has assisted businesses in making sure that all employees are following the same code of ethics and keeps the company running ethically. Two countries that have had many articles written their ethical perspectives are Brazil and China; these articles also give an overview of the study used to compare ethical differences between American and Brazilian MBA graduates working during the study. In the article concerning the ethical perspectives of Brazil and China, the Chinese believe that communication is the key component in business affairs; employees of both domestic and international companies must use communication to complete any business deals or transactions. One influence that sets the Chinese apart from other countries in their way of ethics is that their base ethics teachings are based off the teachings of Confucius. Confucius was known as a political figure, educator, and a thinker; his teachings have become the foundation on how the Chinese perceive......

Words: 1454 - Pages: 6

Business Culture

...Introduction Due to speedy growth within the Management segment, a large number of people desire to build a profession in the same. Moreover, individuals who aren’t directly working within IT segment, indirectly operate with IT. Hall (1976) holds the view that the degree and qualifications hold no value in case if a reputable job isn’t grabbed afterward. After completing my bachelors in Management Studies and masters in Business Administration, the career that I have chosen is Management Consulting. Being a Management Consultant, has several benefits. Firstly, it offers good salary packages and high prospects to travel. Secondly, it offers opportunity to operate with top management of client’s organization. Lastly, the task never gets boring for the reason that it involves switching from one project to other and thus, provides opportunity to get hold of huge experience in distinct industries. Further, taking the above discussion into consideration this particular paper first highlights the job requirement of management consultant at Accenture. It also includes a thorough outline about the responsibilities and roles related to the position of Management Consultant. This is followed by providing a deep insight of my educational background, skills and abilities and also, mirrors the level to which my skills match with the required skills of the job profile. Lastly, the paper puts forward my personal development plan. Job Responsibilities of Management Consultant At......

Words: 2526 - Pages: 11

Business Ethics Across Cultures Article Review

...Business Ethics Across Cultures Article Review Ken R. Johnson XMGT 216 May 27, 2012 Instructor: Deborah McCafferty Business Ethics Across Cultures Article Review Globalization has been an ongoing event for many centuries; ever since the first traders and merchants sought out other countries to bring back uniquely different food and goods, countries have been sharing their culture and perspectives with those they visit or those that come to their borders. Today, with the widespread use of Internet, digital information, and focus on international business, the positive effect of globalization is much more apparent as well as the challenges it presents to countries with different ethical cultures. While most would assume that people in another land speaking a different language, following a different religion, and eating different food would more than likely perceive and behave differently from than our own; the truth is that even though these differences may be perceived, very little is done to actually understand them appropriately unless it is deemed necessary. However, what is quickly becoming equally apparent, for international businesses and corporations to deal successfully with a foreign contractor, business, or even government; the proper measures must be taken to understand the differences in ethical perception and to work to accommodate those differences. Failure to do so leave many of these companies and......

Words: 1516 - Pages: 7

Business and Culture

...Unit 1 Discussion Board American business holds up certain ethical standards as good business. When doing business with a variety of cultures, it is important to understand their perceptions will be affected by their culture. So what is culture? "Culture has been defined in a number of ways, but most simply, as the learned and shared behavior of a community of interacting human beings" (Useem & Useem, p. 169). A person’s culture can include their education, religion, experiences, communication, and language. Each one of these factors can play an influential rule on a person’s conception of ethical practices. Bribery is a way of life in some countries and business would not be conducted without it. In America, bribery is not accepted as a normal business practice. So bribery is an example of an ethical standard that is acceptable in some cultures and not others. Culture can also affect rules of conduct, laws, commercial society, and one’s right to choice. (Armstrong & Sweeney, 1994) A person’s business behavior can definitely be swayed by ethical standards established by the culture. Businesses hours of operation would be an ethical standard shaped by culture. The business may only be able to operate during certain times or days of the week. Another example is positions that are stereotyped, in other words only a male or female may be able to hold a certain job title. (Armstrong & Sweeney, 1994) In today’s society the rules related to corruption are......

Words: 364 - Pages: 2