International Management: Discussion over National and Organizational Culture
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This presentation discusses the importance of culture in international management and how it affects business activities. It covers the different cultural values of Japan, Germany, and Brazil. The presentation also emphasizes the need to follow business ethics and etiquettes when running a business internationally.
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INTERNATIONAL MANAGEMENT
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TABLE OF CONTENT INTRODUCTION MAIN BODY DISCUSSION OVER NATIONAL AND ORGANIZATIONAL CULTURE CONCLUSION REFERENCES
INTRODUCTION International management refer as business operations of the firm who operates their business in international market. It needed the familiarity with business standards and regulation also the capability to lay out the transactions which includes the multiple currencies. When firms are satisfied with their national growth then they prepare to expand in other countries as well, they conduct marketing research that guides them to prepare the strategies which helps in operating the business. Global consulting company who is operating in other countries, head office of the organization are located in UK.
DISCUSSION OVER NATIONAL AND ORGANIZATIONAL CULTURE Culture is a manifestation of people's intellectual attainment, it is the belief, custom which the human follow, for business purpose it plays a crucial role. Organizational culture is the set of values, policies that leads each and every action of the members. If the company have healthy and supportive culture then it assures their successful achievement of goals and objectives. In such it is important to prepare strategies that helps them to deliver products and services which do not hurt their belief. Global consulting company whose head office in UK manage their work in other Japan, Brazil and Germany, which is obvious that every country has different cultural aspects which allows them to run their business in that locality.
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CONTINUE… Regional culture of different countries Influence of culture over the business is extensive, it enables how employees are best in managing their values and precedence. Cultural factors affects the functional key areas of marketing, distribution, impacts the organizational analysis and their decision to make entry in new market. For the global consulting company it is obvious to them to witness different culture because of their overseas business. Japan country culture: It is essential to follow all the etiquettes and policies of the country to run business. In Japan, it is seen that business culture is mostly different from the western countries, however it is necessary for the firm to know Japanese cultural belief before entering into its market. It is mandatory for all organization to follow the dress code as to wear the formal. It is common to bow when to first meet business partners. Japanese follows the relationship oriented culture.
CONTINUE… Germany country culture: In Germany there are major follow of fairness, loyalty and professionalism factors in businesses. In usual business mentality in Germany implies that negotiations are equitable and agreements are seen as rarely disrupted, corruption is illegal as to gift the employers for betterment. Employees can speak during the meetings and allow communicating with their colleagues in efficient manner. Work ethics are workers always turn up on time and also do overwork against fair compensation. Brazil culture: Generally western or European Portuguese culture is found in Brazil, business culture is sophisticated and relaxed. Openness and flexibility are seen in business meetings. It is found that Brazilians usually negotiates with the people not with the organization, therefore it is important to develop relation while discussing the various business aspects.
CONTINUE… Therefore for the global consulting company it is challenging for them to run business in other countries, as they can encounter various cultural belief in three of them countries. As for them there might be chances to encountered same cultural belief in European countries, such as in Germany, where the cultural aspects quite similar to UK, but there might have seen a great difference between UK and Japanese culture. In order to cope with all the cultural issues it is important for the firm to send their potential employee to overseas and try to give them a language training in order to converse with others.
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CONCLUSION From the above report it is concluded that culture plays an important role, it is important for the organization to follow the cultural belief when they plan to operate in other country as well. It is essential to follow business ethics and etiquettes when running business internationally. This report illustrated the description about the firm who are operating in other countries, it lays out how different regional cultures of the countries affects the business activities. It further lays out how ethics are being followed by business while having a meeting with the business partners of over seas companies. It covers the description about the different countries culture which lay out the specific four country's cultural or ethical values.
REFERENCES Adomako, S. and et.al2019. Institutional voids, international learning effort and internationalization of emerging market new ventures. Journal of International Management. 25(4). p.100666. Hüttner, M., 2018. Marketing-Management: allgemein-sektoral-international. Walter de Gruyter GmbH & Co KG. McAllister-Williams, R.H. and et.al 2020. The identification, assessment and management of difficult-to-treat depression: an international consensus statement. Journal of affective disorders. 267. pp.264-282. Sharma, P. and et.al 2020. Managing uncertainty during a global pandemic: An international business perspective. Journal of business research. 116. pp.188-192.