International Management: Everything You Need to Know

Question 1 

Common personal values for Indian managers include al but one of the following items: 

Strong focus on organization compliance and competence. 

Question 2 

Culture affects how people: 

Live their lives 

Question 3 

Acquired knowledge that people use to interpret experience and generate behavior is termed as Culture 

Question 4 

An alternative value of competition is: 

Competition allows a person to function in any culture 

Question 5 

A culture in which public space and private space re similar in size and individuals guard their public space carefully, because entry into public space entry into private space as well is called diffuse culture. 

Question 6 

A polycentric predisposition means that individuals have a philosophy of management whereby strategic decisions are tailored to suit cultures of the countries where the MNC operates . 

Question 7 

Simplification is the process of exhibiting the same orientation toward different cultural groups. 

Question 8 

A philosophy of management in which a firm blends its own interests with those of its subsidiaries on a regional basis is referred to as Regio-centric predisposition 

Question 9 

Which one item below is not a similarity for Organizational behavior Modification (O.B Mod.) for U.S companies? All employees are the same. 

Question 10 

One key factor for MNCs Success is: Innovation is no longer confined to the U.S and the country is developing systems for tapping innovation abroad. 

Question 11 

Some of the cultural differences that can distinguish a region from another, or one country from another are such as the country or region’s protocols involved in a meeting, the eating habits and behaviours used in that region or country, and also styles of negotiations used in business transactions. Regions and states can also be distinguished by the manner of conversations for business purposes, the way people dress and also the attitude they might have towards affection (Stahl, 2017). 

Values and norms are all guidelines. However, values are general, and they determine what is good or bad, while norms are more specific expectations or rules specifying the right or wrong codes of conduct in social settings. Values and standards can result in a difference in behaviour in different countries. The United States experiences more masculinity issues than China, with more men acting as breadwinners and protectors, while women are subjected to house duties and children. In another instance, a business negotiation in the United States may be protected by specific laws that protect both parties, while in a different country, a similar negotiation in a foreign country like China may not be covered. In another example, it may be wrong to talk back to a parent even in defence, for instance, in Mexico, but these values or norms may not apply in the United States. 

Question 12 

The Globe Project was established, developed and even expanded on the analysis of Hofstede because it is inclusive of a series of cultural activities, and it evaluates how different societies might share cultures or differ in their perceptions. Some crucial aspects of cultures around the world are focused on the societal and organizational levels of this project. This project was purposed to increase the overall knowledge that already exists regarding the cross-cultural interactions in the communities, and this improved the effectiveness of organizations. 

Project Globe was influential in expanding analysis that had been done earlier regarding variables and attributes in culture, and geographical representation across the world. It led to the development of approximately six cultural aspects that contribute significantly to the real-life practices. It was focused on establishing a definition of the individual as well as group concepts in regards to culture (Castillo-Palacio, 2017) . The fact that the Globe team was inclusive of a multicultural set of people allowed for an advanced definition as well as conceptualization of every construct that had been used. It also eased data collection. From a general perspective, the project was rigorous and efficient, and in the end, supported the analysis conducted by Hofstede. 

References 

Castillo-Palacio, M., Batista-Canino, R. M., & Zúñiga Collazos, A. (2017). The relationship between culture and entrepreneurship: from cultural dimensions of GLOBE project.  Espacios . 

Stahl, G. K., Miska, C., Lee, H. J., & De Luque, M. S. (2017). The upside of cultural differences.  Cross Cultural & Strategic Management .