Consider potential culture clashes in typical business situations. Imagine that businesspeople from a high-context culture, say, Japan or China, meet their counterparts from a low-context culture, the United States, for the first time to negotiate and sign a manufacturing contract. What could go wrong? How about conflicting perceptions of time?
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Consider potential culture clashes in typical business situations. Imagine that businesspeople from a high-context culture, say, Japan or China, meet their counterparts from a low-context culture, the United States, for the first time to negotiate and sign a manufacturing contract. What could go wrong? How about conflicting perceptions of time?
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- How can differences in two countries' cultures create ethical issues in business? What can companies do to alleviate those issues?Evaluate the differences between monochronic and polychronic cultures. What are the challenges that could be faced in business meetings and negotiations between these two sets of cultures?How can do two persons or parties negotiate differently about their topics ? On the basis of (age/experience? Culture? Gender? Something else?)?
- X. what role does cultural sensitivity play in developing effective cross-cultural business strategies ?How can you benefit from interpersonal skills in real life?How do the marketer stereotypes lead companies to hire less diverse groups of people despite? Does business school education contribute to this? Why do these companies still insist that they hire diverse groups — like they don’t know, live in a bubble, or something else?
- Based on what you learned from the lectures, discuss the following: Forward Integration Backward Integration Horizontal Integration Intensive Strategies Market Development Product DevelopmentConsider the implications of doing business with with others from the other type of culture (i.e., individualism vs. collectivism)• Imagine that you are relocated to work in a collectivistic country (e.g., China, Mexico, etc.) and need to work with more collectivistic colleagues there.• Discuss what potential culture clashes/conflicts could arise and how you would need to do to adjust and work together efficiently and harmoniously.Is hospitality and tourism the same?
- Diverse societies like culturally diverse organizations can be exciting but challenging to lead and manage. However, there are benefits that cannot be ignored as they can help leaders, and individuals to learn new skills, attitudes and understanding. Cultural diversity can promote tolerance and understanding between different cultures; it can enrich communities and organizations through shared experiences with different people; attract additional financial resources to the economy through the development and advancement of different businesses among other factors. Cross-cultural management includes cross-cultural awareness, understanding and adequately interpreting culturally conditioned behaviours by managers and individuals, attitudes, and values, obtaining skills for maintaining and establishing the necessary relationships with current and prospective international business counterparts and being able to effectively communicate across cultures. Digicel group is a cross-cultural…Diverse societies like culturally diverse organizations can be exciting but challenging to lead and manage. However, there are benefits that cannot be ignored as they can help leaders, and individuals to learn new skills, attitudes and understanding. Cultural diversity can promote tolerance and understanding between different cultures; it can enrich communities and organizations through shared experiences with different people; attract additional financial resources to the economy through the development and advancement of different businesses among other factors. Cross-cultural management includes cross-cultural awareness, understanding and adequately interpreting culturally conditioned behaviours by managers and individuals, attitudes, and values, obtaining skills for maintaining and establishing the necessary relationships with current and prospective international business counterparts and being able to effectively communicate across cultures. Digicel Group is a cross-cultural…Diverse societies like culturally diverse organizations can be exciting but challenging to lead and manage. However, there are benefits that cannot be ignored as they can help leaders, and individuals to learn new skills, attitudes and understanding. Cultural diversity can promote tolerance and understanding between different cultures; it can enrich communities and organizations through shared experiences with different people; attract additional financial resources to the economy through the development and advancement of different businesses among other factors. Cross-cultural management includes cross-cultural awareness, understanding and adequately interpreting culturally conditioned behaviours by managers and individuals, attitudes, and values, obtaining skills for maintaining and establishing the necessary relationships with current and prospective international business counterparts and being able to effectively communicate across cultures. Coca-Cola is a cross-cultural…