The International Business

International Business 1
INTERNATIONAL BUSINESS
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International Business 2
1. Research business customs and explain 2 different cultural customs. Ensure you
identify at least: the culture; country; custom; and the research source.
Low context culture
For instance, in Western countries
individuals’ expertise and performance are
more valuable than their relationships. So,
their agreements accentuate specific and
legalistic contracts. They dismount business
first therefore; give-and-takes are as
efficient as possible.
High context culture
For instance in, Asian countries individuals’
personal relations and goodwill are more
valuable than their expertise and
performance. So, their agreements
accentuate trust more. They create social
trust first therefore, negotiations are slow
and ritualistic.
2. Distinguish between the three layers of the iceberg concept of culture.
Cultural Makeup
That is visible We are aware of We are unaware of
It is high culture involving
fine arts, drama, literature
and classical music of any
country.
It is folk culture involving
humor, religion, folk
dancing, etiquettes,
courtship practice, cooking,
popular music, dress, diet
etc. of any country.
It is a deep culture
involving gender roles,
greeting rituals, family
relationships,
conversational patterns,
attitudes of cooperation vs.
competition, patterns of
decision-making concepts
of beauty etc.
3. What are the main elements of country-level and professional culture?
Country-level culture is the characteristics of a group of individuals within a country.
This involves their values, beliefs, behaviours, norms etc. it is a set of principles which one
can inadvertently use to identify the group an individual belongs to.
Professional culture offers a range of social principles and activities that are accepted in
organization’s environment. It is impacted by the culture of the host and home countries