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Culture, Management Style, and Business Systems Chapter 5 McGraw­Hill/Irwin Copyright © 2013 by The McGraw­Hill Companies, Inc. All rights reserved. Learning Objectives LO1 The necessity for adapting to cultural differences LO2 How and why management styles vary around the world LO3 The extent and implications of gender bias in other countries LO4 The importance of cultural differences in business ethics LO5 The differences between relationship-oriented and information-oriented cultures 5­2 Business Customs in Global Marketing • Business etiquette is largely driven by cultural norms. • Cultural analysis often pinpoints market opportunities, gives companies a competitive edge 5­3 Requires Adaptation • Adaptation is a key concept in international marketing • To successfully deal with individuals, firms, or authorities in foreign countries, managers should exhibit: – open tolerance, – flexibility, – humility, – justice/fairness, – ability to adjust to varying tempos, 5­4 – curiosity/interest, Cultural Imperatives, Electives and Exclusives • Cultural imperatives: – business customs and expectations that must be met, conformed, recognized and accommodated if relationships are to be successful • Cultural electives: – areas of behavior or to customs that cultural aliens may wish to conform to or participate in but that are not required • Cultural exclusives: – customs or behavior reserved exclusively patterns 5­5 for the locals ... - tailieumienphi.vn
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