Analyzing the Impact of Culture and Policies on International Markets
VerifiedAdded on 2022/11/30
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Presentation
AI Summary
This presentation evaluates the impact of organizational culture and policies on international markets, using the example of a Dutch bank expanding into Shanghai, China. It emphasizes the importance of cultural awareness, understanding regional disparities, and adapting business practices to local norms and regulations. The presentation discusses the significance of cultural factors in fulfilling customer demands, effective communication, and maintaining employee welfare. It highlights the need for cultural training, communication skills, and awareness of business etiquette to overcome cultural barriers in international business. The conclusion stresses the importance of providing proper training programs to maintain virtual relationships and work effectively in diverse international settings. The presentation includes references to academic sources on cultural impact in international business, teamwork, and communication.
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