Monday, May 18, 2020

Organizational And National Cultures Of A Polish Us Joint...

Group Case 1: Organizational and National Cultures in a Polish-US Joint Venture Group 4: Michelle Otremba, Nipa Patel, Laura Pawlusiak, Ann Phillips Question 1: Using the Hofstede’s and 7-D cultural model explain the cultural differences between US and Poland and how they matter to managing the work environment effectively in Poland? Hofstede’s first part of the model, power distance, defines the varying points that cultures are able to deal with inequality. These approaches can be categorized as: inequality can be essentially good or bad, everyone has a place whether it is high or low, most people should or should not be dependent on a leader, the powerful are or are not entitled to privileges, or the powerful should or should not hide or express their power. In this presented case, Poland has a high power distance culture. They express a strong desire and need for hierarchy while the US business culture displays a lower power distance. In Hofstede’s second part of the model is uncertainty avoidance, or a culture’s tolerance of ambiguity. Poland here exhibited moderately high uncertainty avoidance. Th e Polish workers required and sought structure in their social systems, valuing rules, regulation and predictability. However, based on the case, the Americans were sought to be lower on uncertainty avoidance. Their upper management and executives believed that consensus is not always important and conflict should not be necessarily avoided. They also believe that expertsShow MoreRelatedAssignment 3 Organizational an National Cultures in Polish-US Joint Venture2074 Words   |  9 Pagesï » ¿ Assignment 1: Organizational and National Cultures in Polish-U.S. Joint Venture Global Business Manangement-510 Professor Sue Golabek Christi Griffin October 27, 2013 Introduction In multinational workplaces understanding how important the significance of cultural differences is larger than we might think. Organizations that are diverse have to work together because their functionality impacts the productivity of the workplace. It is vital to have an understandingRead MoreGlobal Marketing Management: Planning and Organization4259 Words   |  18 Pagesby small changes every two months over a two-year period until it measured up to Nestlà ©Ã¢â‚¬â„¢s standards. These efforts along with all-out marketing put the company very close to the market leader. Nestle also purchased a milk operation and trained the Polish farmers so that they could improve the quantity and quality of milk. This is a perfect example of Nestle Motto: â€Å"Evolution Not Revolution†. Benefits of Global Marketing: Following are the major benefits of global marketing approach: ââ€" ª With largeRead MoreTesco Retail Business Analysis2960 Words   |  12 Pagesconvenience produce, many stores have gas stations. The company has become one of Britain s largest petrol independent retailers. Other retailing services offered in the UK include Tesco Personal Finance and Tesco.com. Tesco Personal Finance is a joint venture with the Royal Bank of Scotland. It has over 3.4 million customers, and provides various financial products and services. The company has operations in the rest of Europe, including the Republic of Ireland, Hungary, Poland, Czech Republic, SlovakiaRead MoreMarket Penetration and Acquisition Strategies for Emerging Economies11039 Words   |  45 Pagesstrategy, which has to provide access to local resources, such as distribution networks and access to local businesses and authorities. In emerging economies, investors have to think beyond the conventional entry modes of Greenfield, acquisition and joint venture (JV). We introduce a more differentiated typology of acquisition strategies that provides better support for 3 managerial decisions. In particular, we distinguish between entry modes suitable for foothold strategies, and aggressive onesRead MoreComment on How Changes in Macro and Market Environment Forces Impact on the Level of Competition in an Industry.18606 Words   |  75 Pages PART 2 Marketing Analysis 3 4 5 6 7 8 The marketing environment Understanding consumer behaviour Understanding organizational buying behaviour Understanding marketing ethics and corporate social responsibility Marketing research and information systems Market segmentation and positioning 72 108 145 180 216 259 CHAPTER â€Å" Change is the only constant. 3 1 2 3 4 5 A. TOFFLER † The marketing environment LEARNING OBJECTIVES After reading this chapter, you should be able to: describeRead MoreGlobal Business8977 Words   |  36 Pagesrated low on the Human Development Index4. At that time Telebras, the state owned telecommunications provider, was privatized and the new management terminated the project. Today Brazil is committing tremendous resources to the construction of a national telecenter network that will democratize access to technology and reduce the digital divide. Brazils digital inclusion plan includes:  · Porta Aberta Plan - This plan gives free email addresses and provides public access to their citizens atRead MoreStarbucks : Internationalisation Process to Eastern Europe9590 Words   |  39 Pages4 1.3. The core product 5 1.4. A few financial data 5 1.5. Starbucks mission statement 7 1.6. The vision 7 1.7. SWOT analysis 8 STARBUCKS MARKET: THE ANALYSIS OF THE COFFEE MARKET 10 1. INTRODUCTION 10 2. GLOBAL HOT DRINKS MARKET 10 3. THE US HOT DRINKS MARKET IN 2003 12 4. STARBUCKS MAIN COMPETITORS 13 4.1. Competition tree - direct and indirect competition - 15 4.2. Market share 16 4.3. Porter 5 forces Model 17 4.4. The perceptual map 18 THE DECISION WHETHER TO INTERNATIONALIZE ORRead MoreRisk Management7514 Words   |  31 Pagesapproach to setting the best course of action under uncertainty by identifying, assessing, understanding, acting on and communicating risk issues. In order to apply risk management effectively, it is vital that a risk management culture be developed. The risk management culture supports the overall vision, mission and objectives of an organization. Limits and boundaries are established and communicated concerning what are acceptable risk practices and outcomes. Since risk management is directed at uncertaintyRead MoreGrolsch Case Study12725 Words   |  51 Pagesour global footprint, particularly in markets like Latin America and Africa where we’ve got a strong route to market but where the premium beer business is still in its infancy.†2 Grolsch had hitherto focused on developed markets, particularly the UK, US, Canada, Australia, New Zealand and France, in pursuit of its goa l of becoming one of the world’s top 10 global beer brands. Groslch was already the world’s 21st largest global brand, measured by international (nondomestic) volume (see Exhibit 1). InternationalRead MoreStrategic Analysis of Campbell’s Soup Company Introduction to the Organization The Campbell’s Soup3200 Words   |  13 Pagesconsumption and are also widely known as branded convenience food (CSC, 2009). As a number one soup manufacturer in the world which owns up to 70% of U.S market share has experienced a steady growth over the past few years despite the slow performance of the US economy. As the company has turned global its competitors extend from domestic to global markets. Analysis of the Industry The industry in which the company operates can be characterized as monopolistic competition. This is because, since there are

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.