Business Culture Journal: Well-being, Culture, and Business Analysis

This journal entry delves into the concept of business culture and its impact on well-being, drawing insights from New Zealand and comparing Maori business practices with Western and Chinese cultural perspectives. It analyzes the importance of incorporating cultural, environmental, spiritual, social, and economic well-being into business models, advocating for long-term value creation over short-term profit maximization. The author highlights the significance of understanding different cultural dimensions, such as those outlined by Hofstede, to address well-being in the workplace. The journal entry contrasts the Western taxonomic view of well-being with the more holistic approach of Chinese culture, emphasizing the interplay of company job roles, justice, and employee well-being. The author uses the novel Flatland to understand the impact of modern business transactions and profit-dominated market-place. References include studies by Beugelsdijk, Kostova, Roth, Caprar, Rohlfer, and Zhang.

Business Culture
Journal

Table of Contents
MAIN BODY...................................................................................................................................1
Questions......................................................................................................................................1
REFERENCES................................................................................................................................3

MAIN BODY
Questions -
1. The author of the article are Chellie Spiller, Manuka Henare, Ljiljana Erakovic and
Edwin Pio which are basically from New Zealand. They want to do that to take aggregate
and forthcoming view of business that can be impulsive and producer of multi-
dimensional well-being and wealth. It also represents the negative impact of indigenous
communities due to the sustainability crisis.
2. Flatland is the novel by the English Schoolmaster Edwin Abbott Abbott, which was
published in 1884. Flatland: A romance of many dimensions, it is the evaluation of
suppress conditions of Victoria England(Caprar and et.al., 2015). It is concerned with the
society of creatures who occupy two-dimensional surface. It includes the central
character which is a 'square' that originate from world on the far side of the two-
dimensional experience. Flatland is the profit-dominated market-place which is governed
by the modern business transactions which has emphasis on the growth of the economy.
Flatland is used to analysis, identification and conception between the Maroi company
and western which have a huge effect on autochthonic landscapes. This includes the
selection of research topic which avails the tangible benefits to Maroi communities, its
values, ways of knowing attitudes and practices at research center.
3. As per the opinion of the author well-being has its five approaches which are emerged
from the analysis of the data. The five well-being includes the Cultural, environmental,
spiritual, social and economic which reflects the Maroi business, which is titled after
native trees named as Rimu, Kauri, Pohutunkawa and Miro. The transformation of caring
values with the help of praxis(Beugelsdijk, Kostova and Roth, 2017). The author mainly
focus on fulfilling the profit goals with including the social, spiritual, environmental and
cultural well beings whereas other forms of well-being only concentrates on the profit
maximization. They concentrate on profit along with the multi dimensions for the success
of the business. The long term value creation approach is used for the future success of
the growth with including the five models which help in the business long term profit
maximization not short term maximization.

4. The Author's notion of well-being is different from the Chinese culture. In cross-cultural
research scholars make difference on the base of Hofstede's cultural dimensions theory,
in which they are simplified into socially oriented and individual-oriented culture. The
Chinese culture includes the following components that are company's job roles, justice,
person fit, job characteristics, conflicts among the workers and organizational citizenship
behaviour along with the profit. These factors directly affects the well-being of the
employees at their workplace in the organization(Rohlfer and Zhang, 2016). Each
component include sub-components which can be differentiated by their factors. Whereas
the author's well-being includes the profit maximization along with the concern of these
factors which are social, cultural, economic, environmental and spiritual. The western
culture prefers the taxonomic view if any issue arises in the well-being. They view things
in terms of “body” and “soul” whereas in Chinese culture they think holistic in which
they prefer more “heart” and “mind.” The author's well-being is based on the static
understanding.

REFERENCES
Books and Journals
Beugelsdijk, S., Kostova, T. and Roth, K., 2017. An overview of Hofstede-inspired country-level
culture research in international business since 2006. Journal of International Business
Studies.48(1).pp.30-47.
Caprar, D.V and et.al., 2015. Conceptualizing and measuring culture in international business
and management: From challenges to potential solutions.
Rohlfer, S. and Zhang, Y., 2016. Culture studies in international business: paradigmatic
shifts. European Business Review.28(1). pp.39-62.