In order to compete successfully in world markets, international leaders must be able to understand and manage diversity. That is, they must obtain better knowledge of historical, cultural, and religious forces that motivate and drive people in foreign cultures. In Japan, for example, business relations typically operate within the context of Wa, which means group harmony and social cohesion. In China, business is measured via guanxi, or personal relations. In South Korea, the inhwa concept is employed, which is based on the principles of hierarchical relationships (Alston, 1989). These diverse cultures require international leaders to have a solid grasp of the measures by which business dealings are fostered. Please review and provide your evidence-based rationale regarding the following:
- Select two countries of your choice and research their business cultures. Compare and contrast their business cultures with the US business culture. Evaluate the similarities and differences that you find. How should international leaders respond to this diversity within the international work culture?
- Explain how awareness of business culture across countries can enhance strategy implementation.
- An organization has an aggressive diversity and gender equality program and has decided to send a female senior manager to a subsidiary in another country where women are not treated as equals. Take a position for or against this decision and support your position with reasoned arguments and citations and references to justify your premises.
Reference:
Alston, J. (1989). Wa, guanxi, and inhwa: Managerial principles in Japan, China, and South Korea. US-Business Horizons, 32(2), 26.
The final paragraph (three or four sentences) of your initial post should summarize the one or two key points that you are making in your initial response.
Your posting should be the equivalent of 1 to 2 single-spaced pages (500–1000 words) in length.
Support your answers with examples and research and cite your research using the APA format.
Submission Details:
Due by 1/30/25 at 5:00pm CST
Requirements:
1. Make certain to include in text citations from your course text in addition to your outside leadership resources within your main post. This adds credibility to your argument. [Textbook]: Lane, H. W., & Maznevski, M. (2014). International Management Behavior: Global and Sustainable Leadership (7th ed.). Hoboken, NY: Wiley. 978-1118527375
2. No plagiarism will be tolerated. Must be in 7th Edition APA format with cited sources within the last 5 years.
3. No AI support, score must be 0% and less than < 10% score on Turnitin
The post Awareness of Business Culture appeared first on Academic Research Experts.