Friday, May 22, 2020

Cross Cultural Issues in International Business - 2688 Words

Table of Contents Pg Table of contents 1 Introduction 2 Fiji Culture 3 Festivals of Fiji 4 City Festivals of Fiji 4 Ratu Sir Lala Sukuna Day 4 The Lovo Feast 4 Culture 5 The Three Cultures Model 5 Cultural Frameworks and Dimensions 6 Hofstede 6 Trompenaars Hampden-Turner 7 Hall 8 The Johari Window 9 GLOBE Research 10 Comparison of Cultural Frameworks and Dimensions 11 Management Approach 12 Conclusion Recommendation 13 APPENDIX A 14 References Bibliography 15 Introduction Leisure Time Ltd a consultancy Agency located in Fiji was hire to†¦show more content†¦Ã‚• National culture is a share understanding that comes from the combination of beliefs, values, attitudes, and behaviours that have provided the foundation for the heritage of a country. • Corporate culture is a combination of widely shared institutional beliefs, values, and the organisations guiding philosophy that is usually stated in its vision, mission, and values statements. Cultural Frameworks and Dimensions Hofstede Hofstede conducted research on IBM employees in 40 countries and discovered that the cultural values strongly influenced relationships both within and between organisational divisions. Four of the significant cultural dimensions that Hofstede defined have been examined by many researchers. Understanding the way these dimensions influence culture is of increasing importance for both global leaders and those managing a diverse workforce. • Power Distance refers to whether individuals accept inequality in power, including within the organisation. Low power distance means individuals expect equality in power and do not accept a leaders authority just because of the leaders position. • Uncertainty Avoidance refers to the feeling of comfort or discomfort associated with levels of uncertainty and ambiguity. Low uncertainty avoidance means that individuals easily tolerate unstructuredShow MoreRelatedThe Impact Of Culture On International Marketing Communication1486 Words   |  6 PagesSUMMARY Cultural factors have long been known to impact the communication and success capability of competition in conducting worldwide business. The objective of this report is to recognize the importance of cultural factors occurring in marketing communications. Therefore, it discusses the following: †¢ Key issues in cross-cultural marketing communication which shows identifying the cultural factors to support marketing communication in the proposed markets and pre-requisites for cross-cultural communicationRead MoreEssay about Report on Cross-Cultural Management1127 Words   |  5 PagesContemporary Perspective v. Issues and Challenges vii. Recommendations based on Management Perspective vii. Summary viii. 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