The Impacts of Culture in Business in different Countries

Running Head: Managing Cultural Diversity 1
Managing Cultural Diversity

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Title: The Impacts of Culture in Business in different Countries'.
Abstract
Managing culture difference is the great task for the international business that helps company to
grow adequately and attain the competitive advantages. There are many reasons that can be the
blunders for international business such as braking promising negotiations, non-acceptance and
ignorance. The research report will entail the various factors that impact the business. There is
one factor of negotiation that keeps huge importance in managing the diversity. The discussion is
made on USA, Australia and Nepal in which the impact of culture consider on the value for
business. Hofstede’s dimension is used for analyzing the information regarding these countries.
Research methodology is used under this research to draw the attention of the readers on the
collection of the data in an appropriate manner because cross cultural awareness is necessary for
the international business and the use of methodology will describe the way of collection of the
data in an appropriate manner. the discussion is made on the different culture which can put
impact the revenues of the business. Along with that the limitations is considered under this
research to focus on making an effective research for further assignments.
Keywords: cultural difference, Hofstede framework, pricing issues, cultural factors, Australian
culture, US Culture, Nepal culture, negotiation, globalization, Workplace Etiquette and
organizational hierarchy.

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Contents
Title: The Impacts of Culture in Business in different Countries'...................................................2
Abstract............................................................................................................................................2
Introduction......................................................................................................................................4
Background of the research.............................................................................................................4
USA..............................................................................................................................................4
Australia.......................................................................................................................................4
Nepal............................................................................................................................................4
Problem Analysis.........................................................................................................................5
Aims and objectives.....................................................................................................................5
Research questions.......................................................................................................................5
Research purpose.........................................................................................................................5
Literature review..............................................................................................................................6
Methodology....................................................................................................................................8
Analysis and Findings....................................................................................................................10
Conclusion & Implications............................................................................................................13
Limitation......................................................................................................................................13
References......................................................................................................................................14

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Introduction
The aim of this research is to evaluate the impact of the culture in the international business. The
role of the globalization in the economy of the world has amplified international relationships,
amplifying the importance of cultural dimension. The literature of this research has highlighted
number of variables that have impact over the culture of the population. The availability of these
elements is not necessary around the world exploring for the purpose of the new business
opportunities. Generally the managers that have been taken the existing norms in their country,
anticipating they are similarly valid for different contexts, might get many difficulties of their
companies. It is required for the managers of the company to operate the operation in other
country to understand the culture context and look for needed adjustments to keep away the
issues that might raise and influence the performance of the business.
The role of the international business is not bound up to cross borders rather it is related to the
cross cultures as well. It has been found that the culture intensely impacts the thinking and way
of communication of people. Along with that it also influences the types of transactions they
develop and the way they negotiate them. This kind of activities also influences the business they
make and the process they negotiate them. The issues within the business can be created due to
the difference in the culture that entirely stymies the negotiating process. The enormous diversity
of the cultures of world creates it unfeasible for any speaker, no matter how accomplished and
knowledgeable, to appreciate fully all the cultures that may be encountered (Eriksson and Hägg,
2016).