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An understanding of different national cultures is important in all aspects of strategic management. Since international trade is becoming increasingly important, knowledge of national cultures is important to environmental scanning. One must scan not only key forces in one's industry, but also different societal forces in other parts of the world where the company might do business. An understanding of national cultures is also important to the formulation of strategy. Many cultures are very ethnocentric and do not like foreigners controlling key parts of their country. In Saudi Arabia, for example, non-Saudis cannot own land - they can only rent it. Most countries have rules regarding ownership of companies in industries which are deemed important to that country's welfare (for example, the U.S. defense industry). A company must have an understanding of these differences if it is to formulate various entry strategies into different countries or regions. An understanding of different cultures is especially important in strategy implementation. Because of cultural differences, managerial style and human resource practices must be tailored to fit the particular situations in other countries. Hofstede found in his research that national culture is so influential that it tends to overwhelm even a strong corporate culture. In measuring the differences among five national dimensions from country to country, he was able to explain what a certain management practice might be successful in one nation, but fail in another. Knowledge of these kinds of differences is crucial for any multinational corporation. An understanding of national cultures is also important to evaluation and control

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Why do you want to study HRM?

I want to study Human Resource Management (HRM) because I am passionate about fostering positive workplace cultures and enhancing employee development. HRM plays a crucial role in aligning organizational goals with employee satisfaction, which I believe is essential for both individual and company success. Additionally, understanding HRM will equip me with the skills to address complex challenges in workforce management and drive effective change within organizations.


Why do you think comparative management is important in today's international scenario?

Comparative management analyzes the extent to which management principles are applicable from one country to another. Since the leader in the development of management principles is the United States, comparative management seeks to determine the applicability of American know-how to foreign locales. Although the concept of comparative management evolved in the late sixties, it continues to be the subject of considerable debate. . In other words, the universality of management science allows it to be transferred from one locale to another. Management is universal because it is critical to the successful operation of an organization. The "universalist" school of management theory believes that certain management principles are fundamental and can be transferred to any organized form of human activity. In contrast to the universalists are those who believe that management practice is culture bound. Cultural differences in various countries exert a si Comparative international management is the field of inquiry that focuses on differences in management and organization between countries. By now, there is sufficient awareness of the usefulness of studying management and organization in an international context. Also, the use of comparison to aid explanation and to enhance understanding of social phenomena has always been recognized as a valuable tool of social scientific research and hence as an end in itself. For at least the last twenty years, the literature has yielded diverse positions on the transferability of modern management principles into different cultures. A review of the research shows that most cross-cultural studies are actually cross-national studies which means comparing socio-cultural, political, and economic systems and not just culture. Two of the more important models are described in terms of the role of culture--the Farmer-Richman model and the Negandhi-Prasad model. One of the models identifies management as a dependent variable, and the other as an independent variable. The research was conducted to contribute to a resolution of this difference. The research design isolated the role of culture by controlling for the political, economic, and educational variables. "Comparative International Management" provides the reader with a broad coverage of comparative international management topics focusing on a number of key issues, such as differences in management styles, organizational structures, corporate governance, production systems, corporate strategy, labour relations, and human resource issues in different countries. In doing so, the text uses a cultural-institutional explanation to clearly highlight the reasons why countries differ, allowing the reader to appreciate the importance of management in international and globalising economies.


How human skill are more important to a manager than conceptual and technical skills?

In order an equilibrium is maintain within an organization, a manager should be able to deal people with diverse cultures. However, these three (3) skills are all important for a managerial position.


Why do you study comparative management?

I study comparative management to understand the diverse approaches organizations take across different cultures and economic systems. This knowledge helps identify best practices and adapt strategies that can enhance organizational effectiveness in a globalized world. By comparing management styles, I can also appreciate the impact of cultural, social, and political factors on business operations, leading to more informed decision-making. Ultimately, this field equips me to navigate and contribute to the complexities of international business environments.


What are the major challenges of international sales management?

International sales management involves several significant challenges. Navigating cultural differences requires understanding diverse business practices and communication styles, which can impact negotiations and relationship-building. Compliance with varying legal requirements, tariffs, and trade laws across countries adds complexity to operations. Developing effective market entry strategies demands thorough research and planning. Managing financial risks due to currency fluctuations affects pricing and profitability. Coordinating logistics and supply chains internationally involves dealing with complex customs procedures. Language barriers necessitate translation services or bilingual staff for clear communication. Additionally, competing with established local players requires strategic adaptation and understanding of the local market dynamics.

Related Questions

What differences exist between the strategic management process for domestic operations and international operations?

The strategic management process in domestic operations focuses on businesses within the home country of the company. Since the international strategy has to consider different cultures, the strategy results in executing different objectives.


Why is toleration important?

Tolerance is important because it helps people to accept who others are and to create a better understanding of others views, religions, cultures and ethnicity.


What is the importance of learning cross cultural management?

Understanding other cultures means better communications between people which equals better outcomes more productivity


Why is it important to study about families from various cultures?

Studying families from various cultures is important to gain a deeper understanding of diversity, values, and traditions. It helps in promoting cultural sensitivity, empathy, and inclusivity in society. Additionally, it allows for the identification of commonalities and differences in family structures and dynamics across different cultures.


Why do you think it is important to understand the cultures of others?

Understanding the cultures of others promotes empathy, breaks down stereotypes, and fosters open-mindedness. It also helps to build stronger relationships and communication among diverse communities.


What is the significance of ontological relativism in the study of cultural diversity?

Ontological relativism is important in understanding cultural diversity because it recognizes that different cultures have their own unique ways of understanding reality and truth. This perspective helps us appreciate and respect the diversity of beliefs and values across cultures without imposing our own standards.


What is cultural awareness?

Cultural awareness is very important element of communication. It is the recognition and understanding of the differences between cultures and the ability to appropriately respond to different cultural cues.


Besides understanding how different cultures use these components it's prbably equally or more important for deployed Airmen to?

Know about the people's values to accurately interpret their comments


What problem does writer scholar Marc Aronson have with small world multiculturalism?

that it promotes a very superficial, material understanding of other cultures


What do you think can be learned from different cultures?

Immense knowledge, understanding, and acceptance.


Why is it important to children learn about other cultures?

Learning about other cultures helps children develop empathy, appreciation for diversity, and the ability to interact respectfully with people from different backgrounds. It also promotes a broader understanding of the world and encourages them to be open-minded and inclusive.


Why is it important to follow culturally appropriate practices?

it is not important to follow any practice be it culturaly related or not, its all up to you. however there are many cultures and religeons that have and are being lost to the modern world so in a sence it is important because many cultures are being lost