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Case Analysis: Doing Business Abroad

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Donald L

 

Date added:

September 21, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1373

 

Was viewed:

1545 times

 

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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...
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