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Case Analysis: Doing Business Abroad
Essay specific features
Written by:
Donald L
Date added:
September 21, 2014
Level:
University
Grade:
A
No of pages / words:
5 / 1373
Was viewed:
1539 times
Rating of current essay:
Essay content:
Some of the specific ways that cultural differences can affect international business relations are group mechanics, employee behavior, and norms.
Professor Geert Hofstede initially developed a model that identified four primary dimensions to assist in differentiating cultures: Power Distance index - PDI, Individualism - IDV, Masculinity - MAS, and Uncertainty Avoidance Index - UAI...
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Geert Hofstede later added a fifth dimension after conducting an additional international study with a survey instrument developed with Chinese employees and managers. That dimension, based on Confucian dynamism, is Long-Term Orientation ? LTO. For our purposes, we will focus on three cultural dimensions: Power Distance Index's relationship to behavior and group mechanics; Individualism's relationship to group mechanics; and Masculinity's relationship to norms...
displayed 300 characters
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