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Understanding Cross-Cultural Management. The Role of Business Interactions

Title: Understanding Cross-Cultural Management. The Role of Business Interactions

Essay , 2015 , 12 Pages , Grade: 70

Autor:in: George Yiapanas (Author)

Business economics - Business Management, Corporate Governance
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Summary Excerpt Details

This essay tries to understand the issue of globalisation and puts special focus on the role business interactions play in this environment.

Globalisation refers to the transmission of knowledge, ideas, values, products and services all around the world, shaping a new era of interactions among various political, religious, cultural and economic groups. As a result, it is increasing business interactions between individuals across various geographical and cultural boundaries. Research indicates that companies need to consider cost, availability of skills, environment and quality of infrastructure.

Excerpt


Inhaltsverzeichnis (Table of Contents)

  • Introduction
  • Cross-Border Management
  • Offshoring
  • Cross-Cultural Communication
  • Edward Hall's Theory of High-Low Context Culture
  • Cultural Dimensions
    • Low vs. High power distance

Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)

This text aims to provide an understanding of cross-cultural management, examining the challenges and opportunities that arise when businesses operate across different cultural boundaries. It focuses on the key areas of offshoring, cross-cultural communication, and cultural dimensions as they relate to successful management in a globalized environment.

  • The impact of globalization on cross-border management
  • The role of culture in shaping organizational behavior and communication
  • The advantages and disadvantages of offshoring, including communication challenges and ethical considerations
  • The application of Hofstede's cultural dimensions framework to understand and navigate cultural differences
  • The importance of cultural awareness and sensitivity in building effective teams and fostering productive relationships in diverse settings

Zusammenfassung der Kapitel (Chapter Summaries)

  • Introduction: This chapter defines globalization and its impact on business interactions across cultural boundaries. It emphasizes the importance of considering various factors like cost, skill availability, and infrastructure when expanding into new markets.
  • Cross-Border Management: This chapter explores the field of cross-cultural management, focusing on its importance in improving communication and interaction across different cultures. It compares culture to an iceberg, highlighting the visible and hidden aspects that influence behavior.
  • Offshoring: This chapter examines the practice of offshoring, defining it as the delegation of services to another country. It discusses the advantages of cost reduction and tax savings, as well as the challenges of communication and control over outsourced processes.
  • Cross-Cultural Communication: This chapter focuses on the importance of effective cross-cultural communication and the challenges of miscommunication due to cultural differences. It discusses the difficulties of teaching cultural awareness and the need for ongoing training and cultural sensitivity.
  • Edward Hall's Theory of High-Low Context Culture: This chapter introduces Edward Hall's theory of high-context and low-context cultures and their influence on communication styles. It explains how these cultural differences can lead to misunderstandings and how to navigate them effectively.

Schlüsselwörter (Keywords)

The primary keywords and focus topics of this text include cross-cultural management, globalization, offshoring, cross-cultural communication, cultural dimensions, Hofstede's cultural dimensions framework, high-context culture, low-context culture, communication styles, cultural awareness, and cultural sensitivity.

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Details

Title
Understanding Cross-Cultural Management. The Role of Business Interactions
College
University of Wolverhampton
Course
MA in Management
Grade
70
Author
George Yiapanas (Author)
Publication Year
2015
Pages
12
Catalog Number
V506357
ISBN (eBook)
9783346087591
ISBN (Book)
9783346087607
Language
English
Tags
understanding cross-cultural management role business interactions
Product Safety
GRIN Publishing GmbH
Quote paper
George Yiapanas (Author), 2015, Understanding Cross-Cultural Management. The Role of Business Interactions, Munich, GRIN Verlag, https://www.grin.com/document/506357
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