The paper "Аnаlysis of a Mеdiа Аrtiсlе on Cross-Cultural Management" is a great example of a report on management. As organizations continue to penetrate the global market, firms hire a workforce from different cultures to understand different markets. Globalization is the process of doing business across different markets and cultural borders. These global markets have integrated systems hence the operations of a company are not restricted to the domestic market. It is undeniable that culture is a great determinant of business operations in the global market. For an organization to penetrate in a borderless economy, it has to learn the culture of the market and also adapt to the preferences and practices of the consumers in that market (Jack & Westwood, 2009).
Once an organization respects and understands cross-cultural factors, its productivity levels improve. Cross-cultural management is an area that many international businesses have focuses on to better their services in the global market due to the wide and diverse market. This paper will explore cross-cultural issues that affect businesses across the globe. It will also identify how culture has affected organizational strategies.
Businesses are affected by political risk due to some regulatory environments. Some regions like those of English origin rely on common laws, while others are controlled by statutes of civil law (Kapur & Janakiram 2015, p19). The report will also discuss and explain communication across cultures, strategic planning, cross-cultural negotiations, and conflicts, through analyzing the media article, ‘ Cross-cultural rules to help companies flourish. ’ Cultural and ethical issues Every nation in the world has its own beliefs, cultural values, and cultures. Scholars define culture as a shared mind programming, systems of values that differentiate a member of a social group from another.
Business practices are affected by different ethical and cultural issues. Integration in workplaces has been increasing over the years (Kapur & Janakiram 2015, p17). Therefore, cultural issues such as racial identity, ethnic identity, social class, language, ethnocentrism religion, and cultural values affect business operations (Autio et al. 2013, p345). According to Hofstede’ s model theory, international businesses must understand cultural components that are not limited to language and religion that affect the global market.
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