...Knowledge of Cultures and Politics as Critical Success Factors in Enhancing Managers Success in Managing International Business Dzulfakar Bin Abdullah (Student no: 20131241445) UiTM Programme Code : BM 995 (Doctor of Philosophy in Business Management) Course Code : MGT 950 (Global Strategic Sustainable Management) Assignment 3: Theoretical Paper Lecturer : AP Dr Roshidi Hassan ABSTRACT Business life in the new millennium is becoming increasingly global. The concepts of globalization apply to both large multi-national corporations as well as to local organizations. Knowledge of local culture and politics has become critical success factors (CFSs) for multi-national corporations in their effort for global expansion. Thus in enhancing the success of managing international business (IB) managers must have knowledge of local cultures and political situations. Research on the impact of local culture and political stability on successful management of international business has become of interest only recently due to globalization process. The paper reviews several literatures that try to prove that knowledge of culture and political situation as CFSs for the success of managing international business. Keywords: Critical Success Factors (CFSs), Knowledge, Culture, Politics, International Business, Success. Knowledge of Cultures and Politics as Critical Success Factors in Enhancing Managers Success in Managing International Business Introduction Globalization...
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...uk/fac/cross_fac/globalpeople/resourcebank/researchpapers Achieving Mutual Understanding for Effective Intercultural Management Helen Spencer-Oatey Centre for Applied Linguistics, University of Warwick WORKING PAPER Abstract Purpose – To introduce an approach to managing intercultural communication that is effective for achieving mutual understanding among people in culturally complex situations. Design/methodology/approach – The paper takes a ‘meaning negotiation’ approach to the intercultural communication process. It argues against a generalised ‘differences/adaptation’ approach, and maintains that people need to interact in contextually sensitive ways. Findings – The paper outlines a set of strategies that can help people in intercultural interaction contexts negotiate and agree the messages they are trying to convey. It draws them together into a conceptual framework of intercultural communication competencies. Research limitations/implications – The paper only focuses on the communication of messages, not the use of language to manage relationships. It also does not attempt to suggest practical techniques for helping managers and their staff develop competence in using the strategies. Practical implications – Since mutual understanding is achieved through meaning negotiation, it is important for managers and their staff to know how this takes place and to develop a communication strategy for implementing it. Social implications – Without adequate mutual understanding, people may easily become frustrated with...
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...I am applying to the FLAS fellowship for the opportunity to immerse myself in Turkish and Russian culture and to enhance my skills in cross-cultural communication. My primary focus in my Master’s program is Russia and other post-Soviet countries; however, I would like to broaden my foundation by beginning Turkish as a third language, and conducting a comparative study on international exchanges and its effect on diplomatic relations within the REECAS and Turkish regions. Through my professional endeavors, I would like to encourage a more thorough knowledge on the various cultures around the world utilizing international exchange organizations to assist incoming migrants, students, and refugees. Knowing their background, what they had experienced, and how they got to where they are now is important in assisting them in the most relatable and reliable way....
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... ATW395 (ATP393) – INTERNATIONAL BUSINESS (PERNIAGAAN ANTARABANGSA) Lecturer: Dr. Shankar Chelliah, DBA Senior Lecturer School of Management Universiti Sains Malaysia Room/Tel: Building L10, Room L02, 04-653 3888, ext 5282 E-mail: shankar@usm.my COURSE SYNOPSIS The course aims to introduce the core body of knowledge in international business. There are new realities in international business where students will be exposed to, these include: global sourcing, the impact of technological advances on globalization, globalization of finance, emerging markets, corporate social responsibility and the success of the smaller firm in international markets. COURSE OBJECTIVES 1. To enable students to understand the impact of globalisation and the key issues facing international businesses 2. To explain the environment in international business such as culture, politics and law, and the economic system and development 3. To explain the conceptual foundation on international trade and investment 4. To highlight international markets and institutions, including the discussion of international financial management and market entry 5. To enable students to understand the management of international operations LEARNING OUTCOMES 1. Identify the contemporary changes in the international area. 2. Discuss the implications of the different types of culture, politics and laws, and economic...
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...Basics of International Business Course Outline COURSE OBJECTIVES Central in this course is gain knowledge and understanding of international markets. - Develop skills to analyse and evaluate non-domestic markets to enable firms to compete effectively in world markets. - Learn how firms can develop their international business in order to exploit opportunities. - Examine implementation issues of international product management, marketing communications, distribution, logistics and pricing. COURSE ASSESMENT Students are expected to read the materials and prepare classes based on the materials provided during or before the classes. Students’ presentations and group assignments in class will be graded. You will have three group assignments and an individual exam. Students will be assigned to a team and will do a research project for a fictuous or real company. The individual assignment will be an exam were theory and insight will be examined. COURSE PREREQUISITES Understanding the principles of marketing is a prerequisite. Reading the required chapters and case studies related to international marketing is another prerequisite. COURSE GRADING Group assignment int business plan (report only) 20% Group assignment Eye on “country X” (ppt only) 10% Group assignment Food-culture project (ppt only) 10% Individual exam 60% The minimum score to pass is 5.5. COURSE MATERIAL (recommended) Global Business Today – Charles W.L. Hill - McGrawHill ...
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...Developing an international manager Written and researched by Milan Manasievski Class: Concepts and principles of international management Lecturer: Bruce Gahir Introduction: In the paper that you are about to read I will describe in depth the differences between the eastern and the western style of management and processes that take place when adopting and using different management styles. In order to narrow it down and to make it a bit easier and more understanding for the reader I specifically chose two different countries to compare. The countries are different in almost every way regardless how you look at it. Different cultures, different values, different politics, people etc. The countries that I have chosen are China and USA. In this paper I will use a case study where a Chinese manager is sent to USA to manage a cross cultural team or professionals in order to meet the project requirements and deliver the work on time and 100% completed. Country profile: China Many of us were witnessing the economic growth and development of China and few other countries in Asia in the last few decades and this is one of the most important events in the history. This growth continues today and there is no actual reason why it shouldn’t continue indefinitely unless the highly unlikely event of international conflicts and war. China at present is the world’s leading economy. It has attracted about $450 billion of direct foreign investments from which 90% percent...
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...Comparative research is a research methodology in the social sciences that aims to make comparisons across different countries or cultures Comparative research defined Comparative research, simply put, is the act of comparing two or more things with a view to discovering something about one or all of the things being compared. This technique often utilizes multiple disciplines in one study. When it comes to method, the majority agreement is that there is no methodology peculiar to comparative research.[5] The multidisciplinary approach is good for the flexibility it offers, yet comparative programs do have a case to answer against the call that their research lacks a "seamless whole."[6] There are certainly methods that are far more common than others in comparative studies, however. Quantitative analysis is much more frequently pursued than qualitative, and this is seen by the majority of comparative studies which use quantitative data.[7][1][8][2] The general method of comparing things is the same for comparative research as it is in our everyday practice of comparison. Like cases are treated alike, and different cases are treated differently; the extent of difference determines how differently cases are to be treated. If one is able to sufficiently distinguish two carry the research conclusions will not be very helpful.[9] Secondary analysis of quantitative data is relatively widespread in comparative research, undoubtedly in part because of the cost of obtaining primary...
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...State University School of Business Administration MGMT 446 – INTERNATIONAL MANAGEMENT Fall, 2011 Dr. Sully Taylor Office hours: 3-5 Tuesdays and by appointment. SBA 560C; email: sullyt@sba.pdx.edu Phone: 503 -725-3761 COURSE CATALOGUE DESCRIPTION AND PREREQUISITES: Study of the managerial functions and problems related to international business activity. The focus of this course is on the management of foreign trade, direct investments, and international operations. In addition, the political, economic, and cultural environments of international business are examined from the perspective of management. Comparative management is also treated through the study of other management systems. Prerequisite: BA 302. COURSE LEARNING OBJECTIVES: 1. To familiarize you with the major management issues organizations face when conducting business in the international arena. 2. To familiarize you with the major concepts concerning adapting management approaches to other institutional, economic and cultural environments. 3. To engage in research and learning that deepens your knowledge and understanding of other economies in the world and how to do business there. 4. To develop your ability to understand, analyze, and anticipate how international events may affect US based business organizations. REQUIRED TEXTS AND MATERIALS: International Management: Managing Across Borders and Cultures. 7th edition. Helen Deresky. Prentice Hall. Companion website...
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...has resulted in a growing number of people seeking international careers outside of their home countries. Ellen Moore, an experienced systems consultant who worked for Systems Consulting Group (SCG), a unit of Western Systems Inc. (WSI), was sent to Korea to manage a project involving a team of North American and Korean consultants. WSI newly entered the Korean market in 1990 through forming a joint venture (JVI) with Korean Conglomerate Inc. (KCI). Ellen was selected based on her strong background in project management, her creativity and technical abilities. She also had successful international experience working in Bahrain before, which may be helpful to her journey working in Korea, a new different foreign country. Ellen Moore- the international manager For Ellen, an expatriate manager who has limited knowledge of Korea and did not obtain any training from SCG prior to her arrival in Korea, living in Korea produced constant and unexpected challenges to the ways of perceiving, acting and valuing things, making it difficult for her to correctly process and act on information. However, Ellen made a lot effort to overcome the cultural barriers and to establish trust with the Korean consultants. She possesses certain competencies that are needed to successfully manage teams in new cultural surroundings. First, Ellen is willing and motivated to take the risks of working and living abroad. When being asked to join the project in...
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...professional examples/ academic work/ current activity) | Band OneSupports colleagues with administration and processes. Effectively manages information and data and is customer orientated. | | Band TwoAdvises on and/or manages HR related issues relating to an individual or a team. Has a clear understanding of the evaluation process and the solutions available. | | Band ThreeLeads a professional area acting as a consultant or partner, addresses key HR challenges at an organisational level for the medium and long-term. | | Band FourLeads and manages a professional area(s) and/or the organisation. Responsible for developing and delivering organisational and HR strategy. | | Professional Areas | The three areas of most interest and value to me are (for definition see over page): | I have this interest because… | I will develop my knowledge in this area in the following ways: | 1 | | | 2 | | | 3 | | | Professional Area | | MSc HRM Modules | 1 | Contemporary Issues in Human Resource ManagementThe aim of this module is to introduce the student to the theory and practice of human resource management and to critically examine contemporary local, national and international issues that impact on the changing role and function of human resource management. | 2 | Managing Change and Organisational LearningThe module aims to develop knowledge and skills with regard to organisational change and the design, delivery and evaluation of learning and development. | ...
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...for the organization. On the other hand, it also generates various dilemmas for management. One of these dilemmas is of effective communication management. This phenomenon of globalization presents challenges of understanding and managing cross-cultural communications. According to Stephen Roberts: “Culture is the framework in which we communicate” This suggests that various factors give rise to the problem of cross-cultural communication. These factors include: language, environment, technology, social organization, the perception of authority and non-verbal communications. Having the ability to assess these variables is vital in ensuring for managers to convey messages and conduct business across a wide range of cultures. This paper addresses communication within multicultural project teams and the significance of leadership style in managing cross-cultural communications. The aim of this paper is to reveal different ways or skills that managers need to adopt to make the process of communication effective. Furthermore, this paper sheds lights on variegated barriers that may exist in effective communication process in a cross-culture environment. Literature review Zapf (1991, p.105) describes culture as “more than simply a set of customs”. Culture is a shared set of meanings among community of people who develop a common model from shared experiences. Zapf (1991, p.106) continues by stating that when individuals interact with others sharing the same viewpoint...
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...| 7 | 14. | Academic Dishonesty | 7 | 15. | Plagiarism and Cheating | 7 | 16. | Course Outline | 8 | 17. | Detailed Course Outline | 9 | INTRODUCTION__________________________________________________ Today the world is becoming a global village. No country has such great economy that can survive by its own. The 21st century is the era of interdependence, globalization, and outsourcing. The International environment is more complicated than domestic and more challenging. Transnational problems whether environmental, cultural, economic and political, needs better understanding to compete in international world. This course, International Business (IB MGT 480) provides a foundation to understand different strategies required in international business whether at small scale or large scale. What modes of entry are suitable to enter another country and how an organization can develop a better network for management and outsourcing? Global Business Management is quite unique module which covers many social sciences areas like Economics, Management, Sociology, International Relations and Marketing. CONTACTING THE MODULE INSTRUCTOR_____________________________ You can contact...
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...globalisation of the world’s economy has had significant impact on the way construction project managers work, bringing them frequently with clients, suppliers and peer that they never work before. In an era of globalisation, projects in the construction industry face unique challenges in coordinating among clients, financiers, developers, designers and contractors from different countries. In addition, construction project teams need to cope with the complexities of both local institutions and physical environments. Bartlett and Gosha [1] discussed the challenges facing organisations, which are intending to work effectively across borders. They identified the major challenges as being able to develop practices, which balance global competitiveness, multinational flexibility and the building of a worldwide learning capability. They maintained that achieving this balance will require organisations to develop the cultural sensitivity and ability to manage and leverage learning to build future capabilities. While offering opportunities, globalisation also poses significant challenges for construction project managers especially when different cultures are involved as a team. Multicultural construction project teams have their culture as a set of shared values and beliefs. Beliefs are people’s perceptions’ of how things are done in their countries. They are reported as “practices” in a particular culture. Values are people’s perceptions about the way things should be done. They are their...
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...International Advertising ADV 301 Personal Reflection Assessment Victoria luxford Personal Reflection Assessment –International Advertising Q1 Out line your top five key leanings that you have derived from undertaking ADV 301 International Advertising From the subject International I have obtained an array of new understandings in to not only advertising but other information that will become useful in my degree major marketing. 1) I discovered the differences between domestic and international advertising and how as a advertiser you need to be conscious of this when designing a campaign . Domestic | International | * More target specific * Differing media mediums * Local slang | * Languages * Symbols * Body language * Differing media mediums * Laws and regulations * Demographics | (Lecture 1 ADV 301) 2)When advertising internationally you must take on a series of factors when deciding to either standardize or change the advertisement . Factors such as the environmental factors : * Economic environment * Political environment * Legal/regulatory environment * Socio-cultural environment * Technological environment Are extremely important and must be taken into consideration in order fot the given advertisement or campaign to be successful. 3) Value= Total Benefit eg. Social acceptance Total Costs eg. Travel, time involved, parking fees, cost of product, opportunity and psychological 4) Advertising...
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...International Business Pt-PGPM Dr. Ankur Roy Asst. Professor Strategic Management Area Email: ankur.roy@mdi.ac.in INTERNATIONAL BUSINESS The course on International Business is designed for those who intend to pursue a career in International Business and for those who believe, to be successful it is necessary to understand the globalization, its evolution, patterns, drivers and linkages as the future consists of economies that will be absolutely interdependent due to rapid dismantling of all kinds of barriers to trade. For survival, businesses will have to look beyond national boundaries and an international mindset will be required to be developed since the products, services, markets, consumers, collaborators, competitors, logistics, operations, alliances and resources will not be bounded by geographical limitations. This will cut across all businesses and industries without discrimination of being emerging or declining, small, medium or large, slow moving or fast, technology oriented or not, in developed countries or in emerging economies. Additionally, it will provide an insight and understanding of functioning of the increasingly significant international organizations and the international monetary systems; of the uncontrollable forces influencing foreign environments today and changes that have already taken place in the international business arena and are likely to emerge on time horizon in short and in long term. Goals and Objectives: Upon...
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