Understanding Cultural Landscapes for Successful Global Business

In: People

Submitted By genxris
Words 1738
Pages 7
Executive Summary
The article begins by questioning the place of cultural boundaries in the place of international business. However, how can we really learn and incorporate another culture into own businesses practices. The article questions our methods of learning another culture and challenges us to no just learn the “black and white” rules of another culture but to actually learn about the settle differences and apply them to our daily practices. It will take more than studying and reading about other cultures to fully understand and connect with people of other cultures. The U.S department of education held a conference to evaluate the meaning of globalization and what it meant to different people around the world. People who oppose the idea of globalization view it as a tool to impose western cultural values on different cultures around the world. Many people view globalization as a tool of “cultural imperialism”, in which America can spread their pop culture and consumer values for their own elfish needs. However, others view globalization has necessary and essential agreement between nations to effectively and efficiently spread world resources. These people believe that globalization can help stem worldwide poverty in some areas and stimulate positive growth in developing countries. From a more objective perspective, globalization is the “embodiment of the world merging into massive transactional networks and nexuses of countries in terms of trade, commerce, capital investment, production, and other exchange flows.” From a statistical standpoint, globalization has been proved to have a positive effect on the world economy. This can be shown through the 50 year peak in world exports in 2004 and an all-time high in commercial services that have been exported in 2003. As far as globalization’s effect on business it has been most apparent in the form a…...

Similar Documents

Importance of Understanding Cultural, Ethnic, and Gender Differences by Managers and Professionals in a Business Setting.

...Importance of understanding cultural, ethnic, and gender differences by managers and professionals in a business setting. Workplace diversity refers to the variety of differences of people in the work environment. It is very important to understand cultural, ethnic, and gender differences by managers and Professionals in a business setting these days. All businesses can benefit from a diverse body of talent bringing fresh ideas, perspectives, and views to the workplace. In today’s increasingly global workplace environment, the ability to effectively communicate with people of different cultures and backgrounds is an essential skill. It is important for managers to be educated on diversity, and have an understanding of the differences in their workforce’s population, because it will improve performance potential and increase employee satisfaction. There are numerous benefits to valuing diversity. With each unique combination of gender, ethnic background, culture, and life experiences, each person brings a different set of strengths, skill sets, and approaches to problems. According to Bell, (2007) , “Valuing diversity can benefit organizations in the areas of cost, resource acquisition, marketing, creativity, problem solving, and system flexibility”. An employee’s satisfaction is much higher when they feel accepted and valued for their unique qualities. There are many benefits to having a diverse workplace. Creativity increases when people with different ways of......

Words: 589 - Pages: 3

Management Strategies and Building a More Successful Global Business

...Final Paper – International Management (2012-08-MAN-372-OL011) Management Strategies and Building a more Successful Global Business Introduction Globalization is a powerful real aspect of the new world system, and it represents one of the most influential forces in determining the future course of the planet. It has manifold dimensions: economic, political, security, environmental, health, social, cultural, and others. The focus here is on the concept of "globalization" as applied to the world economy. International expansion is simply about smart preparation and well-thought-out execution; it can be enticing and highly profitable, but only if you do it right. If you don’t plan for tax exposures, business model alterations, and international corporate structure in advance, then you’re setting yourself up for an uphill battle at best — and failure at worst. With the increasing trend of globalization, industries are rapidly expanding into the international market. With no exception, many U.S.-based companies are expanding beyond the home country despite the risks. Why is international expansion important? A company can grow by exploiting overseas market opportunities and imperfections through internationalization, and growth has a positive impact on the firm performance. In short, international expansion can be profitable to companies. Moreover, why is the relationship between international expansion and firm performance important? Ultimately, a company’s......

Words: 3379 - Pages: 14

The Landscape of Business Opportunity

...The Landscape of Business Opportunity Organization-is an arrangement of relationship in that it exists in the spaces between people. * Organization exists to address human needs. * Technological progress would quickly change the rules. * Individuals aim to make the best decision available given a desire to address a wider sphere of concerns that purely economic self-satisfaction and taking into account limitations in knowledge. * New organizational form must be more productive * More efficient at using resources that existing organizational form. * Effective entrepreneurs know the landscape in which they are operating. * They know where the spaces are and how they fit between the built-up areas. * They know which buildings can be pulled down and which are best left standing. * They know where to move in and build themselves. Innovation and the Exploitation of Opportunity Business Opportunity-is the chance to do something differently and better. Innovation-is a way of doing something differently and better. * An innovation is a means of exploiting a business opportunity. Innovation in Economics-all goods (whether physical products or services) are regarded as being made up of three factors: * Natural raw materials * Physical and mental labor * Capital (money) Innovators-people who create new combination of these factors and then present them to the market for assessment by consumers. Areas of Innovations 1...

Words: 2381 - Pages: 10

India - Global Business Cultural Analysis

...rise of the global economy over the last century, it is safe to say that the country has become a major multi-national player. Although outsourcing to India has been a trend since the early 90’s, the country also has a growing local economy that is primed for investment should the right opportunity arise. However, not just any company can invest in or partner with India. Because India is rich in tradition and very slow to change its views, it will take a savvy, experienced investor with a team of managers willing to take on the task of creating a successful partnership with a country whose past has been riveted with corruption and a caste system that tends to hold its citizens back from improvement. A Multi National Corporation (MNC), with the right resources, will be able to benefit from the positive attributes of the developing country while at the same time contributing to the reduction of poverty and improved lifestyle of local citizens. Q#1. What are the major elements and dimensions of culture in this region? Communication The dimensions of culture can be summed up in a few points: communication, religion, ethics, values and attitudes, manners, customs, social structures and organizations, and education. Beginning with communication is perhaps the most important aspect of culture for a business manager to address. In Cross Border Commerce, author Brian Satterlee quotes John Penrose, Robert Rasberry and Robert Myers as saying: In international business,......

Words: 8171 - Pages: 33

Global Cultural Business Analysis of India

...Global Business Cultural Analysis of India BUSI 604: International Business The nation that I have chosen for this Global Business Cultural Analysis research project is India. India has one of the fastest growing and largest economies despite being one of the poorest countries. “India has emerged as the world's third largest economy, in terms of Purchasing Power Parity (PPP), just behind the U.S. and China, according to a report from the World Bank” (Bawaba, 2014). The academic reason in which I chose India is that it is very interesting in how one of the poorest countries in the world has developed to be in the position of third largest economy. There are five learning objectives I will research in addition to the required four research questions. First of all, I want to explore the overall business culture of India. There are different perceptions of ethical business practices throughout the world. Second, I will research the role the Indian government plays in conducting business. Third, the differences in the United States labor market and India’s labor market. Next, I will determine if India is going to be of any threat to the US economy in future. Last of all, I will explore the business laws and regulations of the Indian economy. What are the major elements and dimensions of culture in India? Communication, relationships, culture and hierarchy are the major elements of culture within the nation of India. “While......

Words: 763 - Pages: 4

Global Business Cultural Analysis: Turkey

...Running head: GLOBAL BUSINESS CULTURAL ANALYSIS: TURKEY Abstract A global business cultural analysis is a tool used in order for one to become more familiar with a culture, more attune to the implications that the culture has on the business conducted by the people group of the culture, and more aware of the attitudinal and behavioral implications a member of a different culture should expect when working with members of the people group. In exploring the varying cultural elements, one examines the role and perception of women, the role and influence of religion, and the role and perspective of time. The cultural elements have an impact on business that should be considered by a U.S. American seeking to conduct business with members of this people group. Global Business Cultural Analysis: Turkey Primary sources serve to provide a foundation for definitions when pursuing a research project. They are also beneficial for defining terms and establishing reasons behind why one might pursue a particular research topic. When beginning a global business cultural analysis, it is important to understand what is meant by the term culture. Hofstede defines culture as “the collective programming of the mind that distinguishes the members of one group or category of people from another” (Hofstede, 2001, p. 9). The people group focus for this study is the members of the Republic of Turkey. Though the culture in Turkey differs from that of other people groups around the world,......

Words: 5536 - Pages: 23

Global Business Cultural Analysis South Korea

...Global Business Cultural Analysis South Korea By: Erik Mays Liberty University BUSI 604 Dr. Romanoski May 9, 2014 Abstract In this research paper I will be analyzing the cultural perspectives of doing business in South Korea. In doing so, I will be answering the four major questions as it relates to the major Elements and Dimensions of culture in South Korea. Also, since the dimensions of culture in any nation are many, it is necessary to analyze each category that makes up the Dimensions of one’s culture, these categories have been in place for many years in any given country. If we simply consider the Dimensions of Culture in the United States alone, which range from Religion to our Ethical standards, it would be clear that there are many categories within each of those. Therefore, it is important to analyze each category in detail, in an attempt to determine exactly what it will take to do business in that country or any country across the globe. This research paper will attempt to identify those major elements and dimensions of culture in South Korea. Once these elements and dimensions have been identified, it would give a clearer picture on how South Koreans integrate those elements and dimensions into their everyday business. Also, when comparing South Korean and the United States culture and business, there would naturally be implications that should be considered for US businesses that want to do business in South Korea. This research will also address......

Words: 7922 - Pages: 32

Global Business Cultural Analysis: Germany

... Global Business Cultural Analysis: Germany Shelly Lynch Liberty University BUSI 604: International Business December 12, 2014 Abstract This Global business cultural analysis of Germany emphasize on the German culture, on the business environment with in the country. In this analysis you will find that the elements and dimensions of Germans culture is observed, an assessment on Germany business verses U.S. businesses and why the U.S states like to do business with Germany. This analysis will also emphasize on Germany’s education system along with their financial system as well. Global Business Cultural Analysis: Germany When it comes to popular European countries Germany is one of the most popular. Germany has numerous small businesses throughout the country opposed to large corporate businesses. When it comes to doing business in Germany it comes easy to some and others find it harder to do business in Germany. The culture in Germany is very different than the culture in the United States. Germany is popular for its beer, foreign cars, and for discovering insulin. Germany’s Interesting Facts Germany became a country in 1871, they are one of the largest consumers of alcohol (beer) having over 1250 breweries, there are 414 zoos registered in Germany. Germans discovered many things and one of them being insulin. In 1916 during WW1 Germany implemented daylight savings time. Germany also has the tallest church in the world (Ulm Cathedral 530 feet high) General Description...

Words: 3772 - Pages: 16

When East and West Meet: an Essay on the Importance of Cultural Understanding in Global Business Practice and Education

...Journal of International Business and Cultural Studies When East and West Meet, Page 1 When East and West Meet: An Essay on the Importance of Cultural Understanding in Global Business Practice and Education S. J. Chang Illinois State University ABSTRACT As today’s business decisions and choices are increasingly influenced by the diverse cultural backgrounds and perspectives of various corporate stakeholders, it is critical for business managers to have multicultural understanding. This motivates us to refine our business perspectives and approaches in global arena as well as our educational philosophies on global business management. Based on casual yet experiential discussions, this essay presents some cohesive points on comparative cultural understanding and business implications thereof between the “West” and the “East,” which is presupposed by the cultural contrasts between America and Korea. It can hopefully serve as a practically meaningful guideline for business practice and education on multiculturalism. Keywords: multiculturalism, global business management, comparative cultural understanding Journal of International Business and Cultural Studies When East and West Meet, Page 2 INTRODUCTION Thanks to the rapid and continuous expansion of large global businesses, today people, capital, information, and technology travel more freely, rapidly, and widely than ever. The everexpanding scope and scale of large global firms over the recent decades......

Words: 5218 - Pages: 21

Global Business Cultural Analysis: Republic of Korea

...Global Business Cultural Analysis: Republic of Korea Abstract The purpose of this paper is to provide information to business professionals about the Republic of Korea, the Korean culture, and the peculiarities of conducting business in this country. The topics discussed include a brief historical background about the nation, its dimensions of culture, how these elements are integrated by Koreans, and a comparison between these characteristics and American culture and business practices. The paper examines the implications for US firms wishing to do business in Korea using Hofstede’s Dimensions of culture, a SWOT analysis, and FDI analysis. Keywords: culture, religion, Confucianism, innovation, export, KORUS FTA Historical Background of Korea The Republic of Korea (ROK) is commonly known as South Korea. For the remainder of this paper, the ROK will be synonymous with "Korea". Korea is located in northeast Asia on the Korean peninsula between the Yellow Sea and the Sea of Japan. It borders the Democratic People's Republic of Korea (DPRK), also called North Korea (nK), immediately to the north, across the 38th parallel. Korea's total land area is nearly 62,000 miles, slightly larger than Indiana (www.cia.gov). It has an ethnically homogeneous population of over 49 million people, 83% of which live in urban areas (www.cia.gov). According to legend, Korea's birth as a nation was in 2333 BC with its early inhabitants coming from and heavily influenced by......

Words: 9115 - Pages: 37

Cultural Landscape

...WORLD VIEWS AND CULTURAL LANDSCAPE Humanities Presented to Mehdi Ghafouri By Emi Rizvanolli Vanier College November 17th, 2013 Intro: Many people talk about culture as a reason of their authenticity. We often ask ourselves why we are who we are, what makes us what we are today, why we act like we act and so on. But have we ever considered that our surrounding, the places where we live, the people we are surrounded with makes us the person that we are today? We often say ‘’everyone is different and has its own personality’’, which is true, but what made us who we are is what we were surrounded with our whole life. The same concept goes to a population; they are who they are because of their history, their way of thinking and their surroundings. That is what we have learned in this class. The landscapes have their own meaning and their history makes them culturally important to us because a land is mean less if nothing important happen in it. Development First of all, before understanding the role of cultural landscapes, we need to understand some concept related to it and how they are linked one another. What is culture? Culture is the characteristics of a group of people that are defined by their language, religion, cuisine, social habits, etc… What is space? In a material point of view, space is defined as a physical reality, reinforcing relations of products. When we see space with the economic view, we see its functional unit which is......

Words: 1379 - Pages: 6

Global Business Cultural Analysis of South Korea

...Global Business Cultural Analysis of South Korea John Smith University of Rochester BUS 800 – INTERNATIONAL BUSINESS Dr. Peterson March 6, 2015   Abstract Today, the United States conducts a substantial amount of business with South Korea. It is important that American managers, entrepreneurs, and businessmen understand the South Korean social, cultural, and religious dimensions of the nation. The South Korean culture and customs are uniquely different from those of the United States. The culture and customs of the United States are based on European traditions and religious Christian beliefs. The culture and customs of South Korea are based on Confucianism’s way of life, Buddhism’s individual salvation, and since the 1950’s Christianity’s redemption of the soul. American businesses that incorporate South Korean culture into American business practices will develop long lasting business relationships with their South Korean counterparts. American businessmen working in multinational corporations have adjusted well the collectivist culture of South Korea. Multinational enterprises considering cross border business in South Korea can feel safe investing in South Korea. Keywords: South Korea, United States, cultural dimensions, multinational business, Hofstede.   Introduction South Korea is one of the United States most important strategic and economic partners in Asia. Members of Congress tend to be interested in South Korea for political purposes. ......

Words: 7498 - Pages: 30

Global Cultural Business Analysis - Argentina

...Global Business Cultural Analysis: Argentina Brittnay Glover Liberty University Dr. John Karaffa October 16, 2015 ABSTRACT The Global Business Cultural Analysis of Argentina analyzes the cultural perspectives of doing business in Argentina. Additionally, the paper explores several scholar articles that are associated with the major elements and dimensions of the culture in the Latin American region, how these elements and dimensions integrated by locals conducting business in the nation, how the elements and dimensions compare with the United States culture and business. The paper outlines the communication in Argentina; verbal, non-verbal, communication style; the religion of Argentina, the business ethics of Argentina, the business values and attitudes in Argentina, the business environment in Argentina, social structure, customs, and the educational system of Argentina. The paper will allow the reader the opportunity to gain a wealth of knowledge on Argentina from various aspects. Additionally, the Global Business Cultural Analysis of Argentina provides knowledge on the implications for the United States businesses that are considering relocating to the country of Argentina and or the Latin American region. Global Business Cultural Analysis: Argentina Country Overview Argentina is a country geographically located in the continent of South America. Argentina is a vast country, encompassing most of the continent’s southern region between the Andes......

Words: 12390 - Pages: 50

Understanding Cross-Cultural Management

...Understanding Cross-Cultural Management Second Edition Marie-Joëlle Browaeys & Roger Price Part One CULTURE AND MANAGEMENT Concept 1.1 Facets of culture Introduction to Part One Setting the scene This introductory chapter will give an outline of the research in the field of culture and management, which in turn serves as a framework for Part One. The concept of culture Many experts in their fields have wracked their brains to come up with what they consider to be their concept of ‘culture’. Those working in the field of cultural anthropology, alone, for example, have come up with a long list of definitions of the concept, based on their analysis of ethnological, social, psychological and linguistic data. The attempt made by Bodley (1994) to summarize these (Table I.1) gives an idea of all the facets of culture that need to be taken into account from an anthropological perspective. Although acknowledging the multiplicity of cultures, the authors of this book consider that the fundamental aspect of culture is that it is something all humans learn in one way or another. It is not something people inherit, but rather a code of attitudes, norms and values, a way of thinking that is learnt within a social environment. Family, the social environment, school, friends, work – all these help to form this code and determine how people see themselves and the world. The national culture and the particular region which people live in also help to shape a...

Words: 97340 - Pages: 390

Cultural Understanding

...housemate. He is from China. I have known him for over 4 months and he comes across as an individual who would be in need of paper clips because I always see stacks of paper lying around his room. Question 2: What are their cultural values? Based on your knowledge of this group or individual are they likely to “fit” with their culture? Answer 2: My interactions with Chinese individuals have given me the impression that they are of a gentle disposition and prefer their space. Similarly, they tend to find it difficult to say “no” and this is one of the reasons I felt that my roommate would be the right person to negotiate with. My roommate fit the Chinese prototype nicely and could be seen as a perfect fit with their culture. Question 3: Given your knowledge of the person’s culture, what is your step-by-step plan for the meeting and what do you hope to get out of it? Answer 3: My step by step plan for the meeting is: a.) Have a conversation to get him comfortable b.) Make a point about his need for a paper clip c.) Suggest that as I had solved a big issue for him, he owes me one. Although this sentence would be spoken in jest, Chinese tend to take things seriously and he is likely to give me something in return. I hope to get a better understanding of how negotiations work across different cultures and whether such simplistic techniques can be enough to succeed....

Words: 297 - Pages: 2