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Intercultural Business Management: Problems and Comparison of Management Behaviour

   

Added on  2023-06-15

9 Pages2667 Words54 Views
Intercultural business
management

Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY ..................................................................................................................................1
Current data on international organisations.................................................................................1
Problems faced in cross-cultural management............................................................................2
Comparison of management behaviour ......................................................................................3
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7

INTRODUCTION
Interculture business management is concerned with understanding and acknowledging
various cultural practices of different nations while operating a multi national organisation
(Holmes and Zhou, 2020). Its effective understanding is important in large as well small
companies as they operates their business globally, primarily, by use of internet. This project is
prepared on case one in which cultural practices of two different nations are given. Bob
Mitchell, working in software company in United States meets Mr. Saade, a Lebanese
industrialist for a joint business venture. After having some casual conversation, their meeting
goes to an abrupt end because of different cultural views. It also includes problems faced in cross
culture management aids management in solving those issues. This project covers problems
faced by managers while managing teams from cross-culture practices. It also consists
comparison of different management behaviour of employees in two countries, namely, America
and Lebanon. This project also identifies and resolves the cross-cultural problem of Bob Mitchell
which are given in case one.
MAIN BODY
Current data on international organisations
International organisations are the established entities that are governed by specific
political agreement between two countries. These organisation are required to follow laws and
regulations of the country in which they are operating. People from different cultures have
differential thought process, beliefs, aspects of managing things etc. These all blends to give a
common direction to achieve pre-determined organisational goals. By acknowledging cross-
cultural practices, international organisations focuses on practices to enhance their employees
interpersonal skills and group dynamics in team. Organisations also take strict action on
employees who insults other's culture background or practices. This aids businesses to improve
their goodwill and reputation in market. These practices also helps in generating more sales and
attract consumers globally which further aids organisations in high productivity and profitability.
American company, Apple has generated revenue of $274,515 with a increase of 5.5 % in 2021.
It also earned a profit of $57,411 by hiring expertise professional from all over the world
and to understand various cultural practices in countries in which it is operating (Data on
international organisations, 2021).
1

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