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Essay

The Influences Of Home Culture And Institution On International Company

Essay specific features

 

Issue:

Business

 

Written by:

James J

 

Date added:

March 21, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 1094

 

Was viewed:

10163 times

 

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Essay content:

This essay will focus on the Wal-Mart case, analyzing how the US culture and institutions influence the strategies of the company. American National Culture National Culture can be defined as the programming of the mind or the beliefs of a group as to what behaviour are good and bad. The analysis is based on Hofsted’s five culture dimensions...
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The analysis is based on Hofsted’s five culture dimensions. US: 91-46-62-40-29 Average: 43-64-50-55-45 1. Collectivism/Individualism Collectivism is the extent to which important decision are made by groups. It indicates the degree to which individual are inter grated into groups. US has got the highest IDV figure of the world at 91 (average 43), which means the relationship between people is loose and everyone tend to take responsibility of its own and only looks out for itself and its family...
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