Cultural issues in internationa business essay

how to manage cultural differences in international business

Some cultures do not smile or maintain direct eye contact when communicating something that can create communication barriers. It creates conflicts to people around and those inside the organization. Lack of knowledge of local culture may lead to trouble and even lawsuit.

impact of culture in international business

Culture may include science and technology. Some work to acquire the basic needs while others work to rise up the social ladder through promotions. Meetings should be scheduled well in advance. Effective legal system will ensure that laws are enforced and patents, copyrights, or trademarks are protected.

Values, customs and beliefs of a specific culture are taught to all generations.

cultural environment in international business

Communication derived from businesses will have listeners that include, but are not limited to customers, employees, suppliers, and the community Caddy et al.

Religious issues should not be interfered with by such companies.

Cultural barriers in international business

People are cautious with aesthetics as per their culture affect them. Countries frequently enter into trade treaties to further facilitate trade between themselves. According to Barney organisations that give due consideration to culture are able to increase their efficiency and competitive position. Staring at other consider a big crime in British whereas Bangladeshi people are always curious at others. First, they should conduct a research to acquire some awareness with the local culture. Amongst many others discussed below, the most common barrier is that of communication. Values can only be observed overtime in order to understand why certain things are done in certain distinct ways. Multinational and cross-cultural teams are likewise becoming ever more common, meaning businesses can benefit from an increasingly diverse knowledge base and new, insightful approaches to business problems. Meetings should be scheduled well in advance. IMS Report. Goudie W. Personal space is interpreted differently by different cultures and caution should be taken not to irritate the locals. Respecting what the locals perceive as important for instance, historical sites would not discredit the company. Effective legal system will ensure that laws are enforced and patents, copyrights, or trademarks are protected.

Based on the literature reviewed and the analysis made, it can be safely assumed that managers who do not understand other culture have a high probability of failure in the case of operating in other cultures.

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