Cultural Differences Of Business Practices - 1625 Words

With increasing economic globalization recently, there are more opportunities for business but yet brings some challenges because stakeholders become more geographical diverse and the market is bigger than before. Companies are also facing cultural differences when they enter into different countries. Culture is an important part of human society composing of knowledge, beliefs, art, morals, laws and other habits. Cultural differences are the variations in what people have, think and behave between different countries, religions or societies. (ghauricateora,2006) Whatever field a company is devoted to, whether they are local or multinational, cultural differences play an inevitable impact on their performance. Taking consideration of cultural differences unsuccessfully has caused many business failures. (Ricks, 1993). Business practice is a method, process, tactics, strategy and rules followed by a company in the pursuit of its targets. It may also refer to these collectively.In this essay, marketing has been chosen as a specific area to focus on. Marketing is the study of exchange processes: creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.ï ¼Ë†kotler,1986 ï ¼Å'Principles of marketingï ¼â€°The world becomes a village and there are an increasing number of entities entering the international arena. Therefore, it is necessary for multinational corporations to understand the importance of culturalShow MoreRelatedCulture Difference in Business Negotiation1456 Words   |  6 Pages Ã¥ ­ ¦ Ã¥  ·Ã¯ ¼Å¡08203241 è â€Ã§ ³ »Ã¦â€" ¹Ã¥ ¼ Ã¯ ¼Å¡*********** è ® ºÃ¦â€"‡æ  â€¡Ã© ¢ËœÃ¯ ¼Å¡Ã¦â€"‡åÅ'â€"Ã¥ · ®Ã¥ ¼â€šÃ¥ ¯ ¹Ã¥â€¢â€ Ã¥Å  ¡Ã¨ °Ë†Ã¥Ë† ¤Ã§Å¡â€žÃ¥ ½ ±Ã¥â€œ  2010Ã¥ ¹ ´6æÅ"ˆ Titleï ¼Å¡the influence of cultural difference on business negotiation 〠Abstract】International business negotiation is playing a more and more important role in modem society. We can see clearly that there are great differences in international business negotiation. Specially, culture can influence negotiating styles in different ways, because negotiators who may come from another nationRead MoreAdjusting to Cultural Change1761 Words   |  7 Pagesï » ¿Adjusting to cultural change: How U.S. business men and women have to adjust to various cultural changers to succeed in the international market. Abstract Culture inevitably influences the needs and desires of consumers of particular countries and socialized groups, consequently, businesses, in order to succeed have to be aware of cultural interests and target their products and operations to cultural demands. Succeeding necessitates knowing the factors that crisscross with the other culture andRead MoreCultural Relativism in Business1590 Words   |  7 PagesBusiness And Islamic Ethics Topic: Cultural Relativism In Business Submitted to: Mr. Mehmood Ul Hassan Khalil Submitted by: Waqas Shehzad Class: BBA 5D Cultural Relativism: Cultural relativism is the view that all beliefs are equally valid and that truth itself is relative, depending on the situation, environment, and individual. Those who hold to cultural relativism hold that all religious, ethical, aesthetic, and political beliefs are completely relative to the individual within a culturalRead MoreInternational Business : The Challenges Of Globalization963 Words   |  4 Pagesit begins to have a deep influence on a company’s strategy plan which manager is involved in an international business market. In International Business: The Challenges of Globalization, I interested in PART 5 Chapter 2 Cross-Cultural Business. In my pervious business ethic course I learned a chapter about foreign assignment which an employee works in a foreign country and have a cultural issue. And in that course I did a research paper about foreign culture so I think these chapter is familiar withRead MoreThe Global Economy Has Changed The Way The Corporations Do Busin ess Today1622 Words   |  7 Pageseconomy has changed the way the corporations do business today. The melting of trade barriers among nations and their increasing inter connectedness, accelerated by technology has brought a profound impact on global business. The expanding global environment has extended the reach and goals of the companies with greater access to wider markets. Managers are looking to globalize operations, developing new markets for their products for better strategic business outcomes. Consumers also have better accessRead MoreValue Maximization Is Not The Optimal Approach1158 Words   |  5 Pageseconomy has changed the way the corporations do business today. The melting of trade barriers among nations and their increasing inter connectedness, accelerated by technology has brought a profound impact on global business. The expanding global environment has extended the reach and goals of the companies with greater access to wider markets. Managers are looking to globalize operations, developing new markets for their products for better strategic business outcomes. Consumers have better access toRead MoreCultural Influence on International Businesses1462 Words   |  6 PagesRunning head: Cultural Influence on International Businesses Touro University International Wendell K. Speegle MGT 501 Module One: The Nature of Organizations and the Contemporary Environment Dr. Donna DiMatteo Abstract Culture will play a major part in the dynamics of the way we operated in international business circles. Managers today will need special skills in order to meet these challenges. Language differences, culture awareness, and management skills are necessary for success. These challengesRead MoreThe Challenges of Globalization: Best Practices and the Correct Approach to Cross-Cultural Understanding and Cooperation1875 Words   |  7 Pagesglobalization and the business ramifications of globalization has been reviewed and analyzed as the main focus of globalization. But managements pivotal need to develop smart strategies for the cross-cultural relationships that are inevitable vis-à  -vis globalization has perhaps not been sufficiently explored in the literature. This paper focuses on how corporations, businesses and other organizations are going about or should be going about the correct approach to cross-cultural understanding and cooperationRead MoreHuman Resource Practices And Jo b Satisfaction Essay1560 Words   |  7 Pagesfactors include economic, legal, demographic, cultural, political and technological factors. All these stated factors have changed the HR practices with the channel of time and now HR practices have become more capable in conveying the value to business through changing the system of recruitment hiring, training development, and reimbursement and benefits (Stone, 2013). The objective of this study is to analyze perception regarding human resource practices and job satisfaction that is varies withRead MoreCultural Diversity in the Workplace Essay968 Words   |  4 PagesErica L. Munsey Cultural Diversity In The Workplace Sociology 220B There is presently more than 60% percent of the United States work force that consist of immigrants, minorities and woman. Current studies show that in the next 10 – 15 years such groups will rise to 90% in the work force. Today’s leaders are now confronted with the challenges of how to effectively manage the work force that is increasing in the diverse lines of ethnicity, physical ability

Movie Review The Lorax - 1206 Words

‘UNLESS’ a film like this was made our human impacts would not be portrayed. Today our environment is not the same, hence the human adaptations that have been made. In this generation humans are focusing on what happens in the present day instead of elaborating on the issues they have caused during the past. Humans make a living by reshaping things to fit themselves. â€Å" We cannot solve our problems with the same thinking used when we created them.† (Albert Einstein). In consideration the film ‘The Lorax’ portrays these messages. The illumination entertainment – ‘The Lorax’ film evokes a meaningful environmental message. Despite the swelling of emotions, real life sounds and the expansion of scenery and characters, these elements help depict the environmental vibes and messages in their own unique way. The film was released on the first of March 2012. The directors Chris Renaud and Kyle Balsa have adapted the book ‘The Lor ax’ story by Dr Seuss. â€Å" A tree falls the way it leans, be careful which way you lean.† (DR. Seuss) and let the lorax set the stage. A large variety of techniques are used to help enhance the simplicity of the representation of the environmental messages. Real life sounds are a substantial tool to help these messages get across. Distinct contrivances are used to elaborate on real life sounds. A precedent is the catchy tunes used to captivate the audience. Catchy tunes showcase the importance of the message and engage people into taking the message away andShow MoreRelatedReview Of The Lorax By Dr. Seuss871 Words   |  4 Pagessucceed in class I will offer strategies for Joshua to acquire. Through our team effort we will help make sure Joshua has success in reading comprehension. Prior to our lesson I will explain why Earth day is observed and the book for the lesson â€Å"The Lorax† by Dr. Seuss. Our Title one Reading teacher Mrs. Rupert will introduce this book to Joshua before we read and discussion it in class. She will introduce a technique called TRAP. TRAP is a wonderful technique to aid students with reading comprehensionRead MoreDr. Seuss Or Theodor Seuss2175 Words   |  9 Pagesaward-winning books that made him one of the greatest American writers in history. Along with writing books, he wrote quotes, created sculptures, and some of his books have been turned into movies. For example, How The Grinch Stole Christmas, The Lorax, and the most famous work of his, The Cat In The Hat. Throughout his life, he was a successful man, but had a few obstacles to overcome. On March 2, 1904, Theodor was born to two people named Theodor Robert Gressel also known as, Ted and HenriettaRead More Shirley Temple2014 Words   |  9 Pagesperfect time; during the depression everyone needed a smile or a little giggle (Hall). Shirley starred in fourteen short films, forty-five feature films, and more than twenty-five storybook movies (The Official Shirley Temple Website). Her very first movie was Baby Burlesk (Bankston 10). She was paid an astonishing fifty dollars a week (Bankston 10). Even though this was fascinating, Gertrude knew Shirley was too good for this (Bankston 10). Shirleys acting, dancing, and singing ability fascinated

The Human Face of Mental Health and Mental Illness in Canada free essay sample

Mental health can affect children, adults or seniors and it can be triggered by simple daily actions such as a high stress life, balancing relationships or biological factors. According to the Canadian Mental Health Association, nearly 1 in 5 children and youth in Ontario have a mental health challenge (CMHA Ontario, 2018). We will write a custom essay sample on The Human Face of Mental Health and Mental Illness in Canada or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Every youth is different and may encounter mental health different; children and youth show their problems in different areas of their lives and in a variety of ways (CMHA Ontario, 2018).Stress for children may formulate in different ways such as anxiety, substance abuse, aggression, depression and unstable household. For example, a youth that may strive academically but might encounter challenges such as high social anxiety levels and peer pressure. Secondly, adults are similarly affected by mental health in the duration of their lifetime. These adults experience mental health challenges in varied forms such as negative health conditions and positive health conditions. Factors that negatively and positively affect a person’s lifestyle include education history, early life experiences, employment and working conditions, housing, race or sexual orientation (CMHA Ontario, 2018).The positive quality analyzes these factors with strong emotional and physical health, stable household and steady lifestyle versus a negative aspect where, it affects young adults with heavy stress, poor lifestyle, unemployment and discrimination because of race or disability (CMHA Ontario, 2018). Lastly, nearly 1.8 million people over 60 years of age were living with a mental health illness in Canada in 2016 (Mental Health Commission of Canada, 2018). These issues have developed earlier in their teen years and continued through their adult life. Some issues that have a continuous effect on the mental health for seniors include: changes su ch as loss of loved ones, retirement, and decreasing social support networks can lead to feelings of depression and anxiety in later life (CMHA Ontario, 2018). If these issues are left untouched, it can increase higher stress levels amongst elder citizens that can eventually impact our healthcare system with greater financial costs. As elders’ age, they have many illnesses such as poor health; heart conditions or depression and most of these intersect with mental health issues. Mental health and criminality does not affect one demographic, it can hit those who are marginalized from society.

Management Planning at Walmart Essay Example

Management Planning at Walmart Paper Successful corporations in today’s business world must be able to employ different levels of planning in order to achieve goals put in place by senior management. Wal-Mart has many different levels of management planning in place to follow through on its goals and objectives. There are many factors that influence Wal-Mart’s strategic, tactical, operational and contingency planning. Although Wal-Mart has been a very successful corporation throughout its existence, it has had to absorb the impact of legal issues, ethics, and corporate responsibility in its management planning. In Wal-Mart’s strategic planning stage, they are highly regarded as visionaries. One thing that Wal-Mart prides themselves in is the fact that they develop planning processes that enable the company to understand where they want to go, how they want to get there, and what things they must focus on along the way to drive the plan. One thing that has never lost focus is Wal-Mart’s drive to always make sure that they are first and foremost a value driven company. The only way that Wal-Mart would continue to push the value button was by leveraging the size of the company to force vendors for better costs of goods. This enabled them to maintain its image as value driven. Along the way, Wal-Mart became more tactical as well. Part of their tactical planning was to figure out how to get customers to buy more once they were in the store. Wal-Mart never really had a problem attracting the consumer in the store. So they came up with a solution that would ensure better inventory management as well as improved supply chain management. We will write a custom essay sample on Management Planning at Walmart specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Management Planning at Walmart specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Management Planning at Walmart specifically for you FOR ONLY $16.38 $13.9/page Hire Writer In other words, they wanted to make sure that they improved the way that goods made it to store shelves so that the consumer bought them. This affected their entire distribution channels as the entire system would need to be revamped. Along with this tactic, they reduced the amount of items that they carried that were deemed as not returning on their investment. The results have had a significant impact to their bottom line. Wal-Mart has also had many legal and ethical issues over the past several years. As the company’s sales have soared, analysts say, it appears to have become the nation’s most popular private-sector target for lawsuits (Richard Willing, 2001). Lawsuits range from age and gender discrimination, employees not being compensated properly for overtime work, safety in stores parking lots, hiring outside contractors that use illegal immigrants to provide services, among many others. So as the company has become such a powerful force in the retail industry, it has become a large target for legal issues brought forth against them. Ethical issues have also brought forth lawsuits at Wal-Mart. Accusations of favoritism in the work place including non-promotions of females to upper level positions, non-promotion of employees with college degrees, and accusations of being anti-union. All this indicates is that it puts Wal-Mart at the front of news reports that they engage in unethical activities. Corporate responsibility also affects management planning at Wal-Mart. Wal-Mart has a very good reputation for being corporate responsible. Examples include their philosophy that they operate globally but always give back locally. In 2007, Wal-Mart gave 296 million dollars to charitable organizations across the United States. If you include donations from employees and customers, Wal-Mart gave away 470 million dollars globally. Areas in the communities that benefited from these donations include education, hunger relief, environmental sustainability, healthcare, disaster relief, military outreach, Salvation Army, among many others. Wal-Mart also has a green goal. It claims that their environmental goal is to be supplied 100 percent by renewable energy, to create zero waste and to sell products that sustain our natural resources and the environment(Wal-Mart website 2008). Conclusion Wal-Mart is certainly credited with changing the retail world as we know it with its low prices and big stores with huge selections but it has come at a price. They have struggled with issues that question the ethics as a company and legal issues that question how they manage people. These issues will continue to hurt their organization unless a complete change in management thinking and actions are changed. As a socially responsible organization, their management planning in this area is second to none. Lets hope they take the same effort in improving their image when it comes to ethics and legal issues. References Willing, R. (2001, August 13). Lawsuits a Volume Business at Wal-Mart. USA Today Retrieved April 28th, 2008 from: http://www. usatoday. com/news/nation/2001/08/14/walmart- usat. htm Sustainability- Wal-Mart website(2008). Retrieved April 28th, 2008 from: http://walmartstores. com/Sustainability/