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International Management: Impact of Regional Cultures on Organizational Culture

   

Added on  2022-12-06

14 Pages4996 Words158 Views
INTERNATIONAL
MANAGEMENT
1

Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Question 1........................................................................................................................................3
TASK 1a..........................................................................................................................................3
Critically explore how the corporate organisational culture from head office affected when
encountering the regional cultures..........................................................................................3
Task1b..............................................................................................................................................5
Impact of regional cultural issues on the corporate organisational culture of any multinational
company.................................................................................................................................5
Question 2........................................................................................................................................7
Evaluate why Expatriation used in a globalised economy and examine the causes of expatriate
failure......................................................................................................................................7
Conclusion.....................................................................................................................................12
REFERENCES..............................................................................................................................13
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INTRODUCTION
The international business is referring the goods of the trade as well as the services and the
technology and brings the knowledge of the capital. That is across the national borders and this is
at the global or the transactional scale. This also involves the cross border of the transaction of
the products as well as goods and the services in between the two or more countries. The
business management is focusing on the administration that focuses on the key business that
follow the international topic. This is the degree that helps to develop the huge range of the skills
from the research and that keep the planning in favour to present and reporting that prepares for
the international management or their roles and consulting, now, in the respect of the company
Tesco and HSBC further discussion will take place in the report. The HSBC bank is the British
multinational investment bank that holds the financial services in the company. This is one of the
largest banks within the Europe that includes the total assets of US$2.715 trillion. The bank is
serving over the 40 million customers across the global business as well as wealth and the
personal baking, and the commercial banking (Bartlett and Beamish 2018). As well the Tesco
company is the British multinational company that deals with the groceries as well as the general
merchandise of the retailing, the company headquarter is situated in the Welwyn garden city,
England. This is also the third largest retailer within the world that is measured by the gross
revenues and the ninth-largest company within the world.
MAIN BODY
Question 1
TASK 1a
Critically explore how the corporate organisational culture from head office affected when encountering
the regional cultures
Doing international business requires good understanding of online business and culture of
different countries that influence the level of proficiency and expansion of the business in the
market. Also there are various key factors that have an impact on the level of growth and
effectiveness that firms has in the form of effective culture growth and efficiency. There are
various impact of these factors on the growth and development of the culture in the society and
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the HSBC bank with the high number of culture difference in the different countries that could
effect the amount of development and effectiveness of the business in the market (Bjola and
Zaiotti 2020). For the development and growth of business company should analyse the impact
of business on the level of effectiveness and growth so that effective outcomes in the future can
be achieve in most appropriate manner. for the better development of need of customers can help
the company to attain economical growth in the market for the productivity and viability of the
HSBC bank. This helps to achieve improved goals and enlargement of the business in the
market. For the improved growth and expansion of the market within the HSBC bank so that
effective growth can be achieve (Brewster, Mayrhofer andFarndale 2018). So that HSBC bank
can provide better customer experience for the development and growth of customer base in the
international market. Also there are expansion and development of efficient culture effectiveness
in the market so that successful growth and efficiency of the business an be achieve in most
appropriate manner.
Attribute of culture: Attribute of the culture play and effective role in the growth of individual
mind set and profitability of the business in the market. For the effective growth of the business
understanding cultural diversity is important for the industry for the cost-effective growth and
enrichment of goals and targets of the HSBC bank in the market. For the effective development
of the source of information in the business company should understand the need and want of
culture or the effective growth and enhancement of goals and objectives. For the efficient growth
and improvement of targets and objective. Attributes in the society can help to know about the
need and want of the industry in the market. For the enhancement of objectives in the
international business company can focus on the effective growth of the culture and role of the
business in the market (Bush, Bell and Middlewood 2019). Enhancement and proper growth of
the various objectives in the business company can ensure the proper role of business
performance and growth of the various objectives.
Cultural style: This is the major factor that influence the development and effectiveness
of the industry in the marketplace. Also for the international industry there are several aspect of
the business that has influence on the level of development and effectiveness in the HSBC bank.
Also this influence the level of industry outcomes achieve by the person in particular cultural
aspect. For the effective development and growth of the effective future and enhancement of
career opportunities business can ensure the effective culture diversity in the market. This
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