Understanding International Business
Added on 2020-03-23
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Running head: Cultural Difference in International Business 1BUSINESS RESEARCHThe Role of Culture in International Business: Cultural Differences in Selected Countries and Regions
Cultural Difference in International Business 2IntroductionGlobalization and internationalization has become more vital for the world. More and more companies want to involve in its process and look for expanding tier business progressivelythrough enter in the new market. Due to globalization various cultures are involved under the roof. While there is several way to explain the culture, but in the context of international business, what is common and acceptable for the employee who are belonging with the same country, could be different from those who belongs to oversees (Fernandez-Feijoo, Belen, Silvia Romero, and Ruiz, 2014). There can be various issues in the organization; it is the research which has been conducted to find the issue in the context of international business. Recognizing and understanding how culture influence the international business in three core areas such as communication, etiquette and hierarchy of organization can be helpful for the organization and employees to know more about the colleagues and clients from abroad in an environment of globalization. Effective communication is considered as the important part for the business venture but it may lose the importance if the translation and the way of conveying are not understandable for others. English is the major language which is accepted by many internationalcompanies. But the more concern about the language is that the message should be conveyed in an efficient manner. Fluent English should be necessary for the international business because it boost globally. Native culture and their significant in international managementGlobalization and various business activities of huge companies connect the culture and nations of world. On the other hand it disposes insightful differences between nationalities and individual on the level of communities and organization. The concept of culture has various
Cultural Difference in International Business 3meaning but the culture stands for civilization. In addition it is a social phenomenon which is common for people remaining in a social environment. The differences in cultural can be frustrating for the businessman. In the case of ignorance, non-acceptance and braking promising negotiations may be the reason of social blunders for international business. The fundamental dimensions of national cultures are individualism versus collectivism, attitudes towards time and environment, ascribed status versus attained outcomes, attitude towards regulations and principles and holistic perception of the people toward international business which is helpful to differentiate (Crane, Andrew, and Matten, 2016). Creating a business strategy in the management of international Business strategy is most important fundamental for the growth of the business. In the economy of market, make effective business strategy is considered as the success. The strategy of the success contains mainly four elements in the business that is strategic supremacy, domain of activity, functional programs and goals to achieve. Cultural differences are shown in the awareness in the context of desired product appearance and its characteristics (Srinivasan, 2015).For instance, the meaning and the way of talking of color is different in different countries. A similar issues cab happen with the utilization of names of brand and ignorance of articles which may lead to a business in different perception of a product. There are two major components of international management that is international bonding and negotiation relations. However, it carries more difficulty when negotiations came on between legislatures of two various political, cultures, currency system and legal, it may influence on the entire process of negotiations and techniques. It is important for the international business to take consideration about the gender barriers while forming the business strategy. It has been analyzed that the country that follow hierarchal, women get higher respects and positions in the organization (Lattimer, 2011). In the
Cultural Difference in International Business 4context of some country, women are not so much desirable in the world of business. It has been observed that there are some countries in which men are considered on the basis of priority in comparison of women, these countries are Saudi Arabia, Republic of Korea and Japan, men are the ones who get success sooner, whereas women are cont considered equally to men and seldomsucceed in the sphere of commercial. Differences in cultural in the radiance of the experiences of the young digital planet company Young digital planet is a company that runs international business since 1990. It is the company that focus on to develop the training and educational system based on the technology ofinformation, business and the institutes of educational. Young digital planet is the leader of global that provides software of interactive foreign language learning. Recently, it produces the projects of successive nature and sustains it leading position in all over the world. It is a worldwide distributor of English for Children, Business English, LEO platform, eduROM and similar application programs compiled to order. It is the business which has been spreader in all over the world and it has partners in France, Norway, Germany, Malaysia, Holland and Great Britain. Organization is continuously widening its business, it come upon many differences in cultural. A brief detailed of several countries cooperating with the organization is shown below. The overview defines to business relations in the term of cultural differences.Asian countries People of Asian countries are very prompt; a service provider in negotiation of commercial is a partner, rather than a rival, even if treated with disloyalty. To attain the trust of Asians, the manager of YDP need to cooperate with them and host them I order to create the
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