Understanding of cultural differences essay
In management theory, it is recognized that national culture is an important factor determining the specifics of organizational behavior and development, the role of a manager in the organization, the nature of communication with staff and decision-making style in the company. Affiliation of the organization’s staff member to a particular cultural group influences the way […]
Language and perception differences in building multicultural communication essay
Language is, of course, the basis of the formation of human groups, as a means of expressing thoughts and feelings, a communication tool. It is estimated that there are about 100 official languages, and at least 3,000 distinct dialects in the world. Only a few countries are homogeneous in linguistic terms. International business requires greater […]
Managing religious differences essay
The next no less important variable that requires attention is religion. It reflects the search for the ideal life of people and includes the vision of the world, the true values, and religious rites. Religion as an element of culture influences economic activity of people and society: fatalism may reduce the desire for change, material […]
Values and attitudes: attitude to time, changes, achievements and wealth essay
Values and attitudes in society are closely linked with religious sentiments. They are often unconscious, but determine the choice in a particular situation. Formation of the system of values and attitudes is individual for each person. However, there are four important elements of the system that are relevant to international business: the attitude to time, […]
Politics and law essay
In international business any transaction is under the influence of the three political and legal environments: the country of origin, destination country, and international. In this regard, the study of political and legal aspects of the cultural environment acquires special significance. It should also be noted that in each of the three sections the business […]
How the effective planning and decision making contributes to competitive advantage in a company essay
The present essay describes the way the effective planning and decision making contributes to the competitive advantage in a company. The essay concentrates on the work and management decisions of Gerber Products, Inc. and on decision tree structure, risk profiles and tradeoffs of the company. Making smart choices is the basic life ability, relevant to […]
Decision Tree Structure with expected value analysis and risk profiles Essay
The organization of East Asian Games may face considerable risks, although the decision tree offers the opportunity for the successful completion of the project and effective management of the East Asian Games. The following decision tree can be applied in relation to the organization of East Asian Games: East Asian Games Basically, this decision tree […]