Business Research Assignment

Running head: BUSINESS RESEARCH
Business Research
Assignment 1
Name of Student
Name of the University
Author Note

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BUSINESS RESEARCH
Table of Contents
Introduction......................................................................................................................................2
Project Objective.............................................................................................................................2
Project Scope...................................................................................................................................3
Literature Review............................................................................................................................3
Conclusion.......................................................................................................................................8
References........................................................................................................................................9

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BUSINESS RESEARCH
Introduction
The global teams are located in diverse geographical locations owing to the needs of the
modern business (Nordbäck and Espinosa 2015). In order to succeed in this competitive world,
the organizations are increasingly opting for international business expansions. This requires
them to set up offices at different parts of the world for greater business success. However, the
managers of the cross-border teams often face difficulties in managing the global teams. They
often find it difficult to manage the disperse teams. The managers of the multinational firms
realize that there are a wide number of issues that they face during the management of the cross-
cultural teams. This paper would analyze the different challenges of managing global teams and
explore the various aspects of this topic.
Project Objective
The objective of this project would be to understand the aspect of difficulties faced by
multinational companies when they have to manage overseas team (Gibson et al. 2014). This
project would strive to explore the concerns of the multinational managers in their day to day
functioning of the business. The aims of the project are to understand the conceptual framework
of different issues faced in a multi-cultural team. The different aspects of the cross-cultural teams
need to be understood. The various kind of the management practices in global teams need to be
understood in order to understand the different challenges. This project also aims to identify the
different challenges that are being faced by the global teams which prevent them from achieving
operational excellence.

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BUSINESS RESEARCH
Project Scope
The scope of the project considers the offices of the multinational companies which are
located in diverse geographical locations. The companies are located in diverse areas and they
are separated from each other by national borders. The teams that are located in the same time
zones, country and same locations are outside the project scope.
Literature Review
As opined by Luo and Shenkar (2017), there are a variety of organizational
mechanisms that the multinational corporations used to integrate their dispersed operations in a
global marketplace. The competitive ability of the organization depends on the effective
utilization of the critical resources of the organization. It is a difficult task to manage a team with
individuals belonging from different nationalities and working in diverse functions, business
entities and cultures (Nordbäck and Espinosa 2015). The basic purpose of a culturally diverse
team is to act in coordination so that their overall organizational; mission is fulfilled. Chou and
Liao (2017) argue that it is not possible for the global firms to exploit different economies of
scale and ensure maximum transfer of knowledge in a global scenario. It is important that the
global managers grasp the different obstacles that are needed to be successful in the global teams
(Nordbäck and Espinosa 2015).
According to Dunning (2014), the global teams and their supervisors need to formulate
judicious strategic measures so that the level of challenges is being reduced considerably
(Nordbäck and Espinosa 2015). The virtual teams operate in a challenging environment in which
there are short durations of interaction in which they are supposed to handle difficult tasks
(Gibbs and Boyraz 2015). The establishment of the virtual teams requires excellent leadership,
team training, easy access to technology and understanding of different time zones, cultures and