Impact of Culture in International Business Management Report
VerifiedAdded on 2023/01/05
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Report
AI Summary
This report examines the significant impact of culture on international business operations, focusing on the case of Ray Limited. It explores how national and organizational cultures influence various aspects of business, including negotiation strategies and decision-making processes across different countries such as Brazil, Germany, and Japan. The report highlights the importance of organizational culture in aligning business practices with local norms and values, and discusses the role of virtual teams in facilitating effective communication and problem-solving in a global context. It also emphasizes the importance of cultural awareness and adaptation for successful international business management, including the use of marketing strategies and the development of a positive work environment. Finally, the report concludes by highlighting the benefits of understanding and integrating cultural elements in the international business environment, providing a framework for overcoming challenges and achieving business objectives in the global market.
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