Assignment Sample on BUS6003 International Management
Task 1a-individual PowerPoint presentation
Slide1: Introduction
- International management of Multinational Enterprises (MNEs) is to coordinate the vast and diverse workforce and address the specific challenges and grow without a doubt
- Employee and consumer relationship is significant for the organizational profit gain and influences the cultural practice to encounter the regionalism and adopt the global mindset
The global organizations are dependent on the organizational culture to adopt regionalism to properly establish a good relationship with the firm’s business perspectives with satisfying consumer requirements and addressing employee issues through global values and ethics. It is necessary to maintain business objectives through international management which has influenced the organizational practice of the cultural paradigm of business.
Slide 2: National culture of United Kingdom (UK) company
- UK national culture is quite influencing where it resembles the social inequality, high individualism and high masculinity which indicates the high success-oriented life of the UK driven by meritocracy
- It also needs to mention that, the UK prevail the low score in Hofstede’s cultural dimensions for uncertainty avoidance where people are comfortable in ambiguous situations (Hofstede Insights. 2022)
- An intermediate score in long term orientation and high in indulgences implied that the UK nationals are pragmatic about the situational development and enjoy life with optimism
UK nationals are quite confident to deal with everyday issues with high positivity in thinking where social inequality, success ratio with societal exchange according to desire and impulses of the individual.
Slide 3: Organizational culture of UK Company
- The organizational culture of the company is the prime actor which accommodates the employee for business opportunity and competitive advantage
- The cooperation, multi-cultural competence, interpersonal skills and enhanced communication improve the cultural perspectives of the employee to work influence innovative initiatives
- Training and development of individuals are taken into consideration for change management according to the modern-day drive for digitization
Communication, cooperation with specific skills may help the interconnectivity among the employees for the better view of the business operation for achieving success altogether.
Slide 4: Analysis of the way of business operation in Japan
- Japan is dependent upon widely interconnected business operations with a complex network of different companies and supply chain partners with financial institutions with high power distance and low individualism
- Trust and relationship is fundamental with a high degree of transparency and accountability where the country follows high masculinity and strong uncertainty avoidance for the long-standing practice of creativity and innovation (Dobniet al., 2021)
- The high long term orientation and low indulgence of Japanese nationals indicates the Japanese are always ready with research and development and socially restraint
Japanese culture is quite confident and ready to address the issues and threats positively with a high distribution of power, high masculinity driven by success and meritocracy along with creativeness and innovative practices for everyday issues
Slide 5: Opportunities and challenges in Japan
- Highly developed infrastructure for transportation, warehouse management and telecommunications for easy distribution and supply chain
- Easy environment for doing business, educated workforce and growing consumer capacity with habit of business sense help the company to explore market in Japan
- Lack of multilingual skills interaction is quite expensive for cross border dealing and high debt ratio of the nation is the negative aspect for investigate (Zoysa and Takaoka, 2019)
Japan is a growing economy where a business friendly economy positively shapes the business future with many advantages such as developed infrastructure for business management and dailyoperating growth. It may be noted that, economic debt of the country and lack foreign language experts are seen as challenges for the business growth.
Slide 6: Analysis the way of business operation in Brazil
- Brazil is experiencing the high power distance for respecting the hierarchy and habit of living in group with low individualism and profuse communication
- Intermediate masculinity of the country reflects the coexistence of every aspect of success and challenge with values and ethics in society
- High uncertainty avoidance reflect the people’s choice of regulation and legal framework for everyday living and happiness with high indulgent feature
Brazilians are considered as fun loving and having value for the relationship where people respect the hierarchy and every individual is living a family centred life with better international relation, use of technology and education for business correspondence.
Slide7: Opportunities and challenges in Brazil
- Large domestic market and geographically proximity to the developed economy made it business friendly with positivity and optimism
- People are encouraged thrift and efforts in modern education to help in innovation for business doing in Brazil (Bogerset al., 2019)
- High content rich communication allows the business operation to fluently build public relation for trust and reliability
Brazil is a vast country with a large market and consumerism is offering business opportunities to grow along the cultural perspective for passion and demonstration.
Slide 8: Analysis the way of business operation in Germany
- Germany is highly decentralized power distribution where codetermination is significant with participative communication and management
- Germany follows high individualism and strong masculinity where performance is highly mandatory for growth and success
- High uncertainty avoidance and long term orientation reflect the deductive and pragmatic approach toward everyday happening
Germany exhibits the low power distance where individual decision is important and co existence of power struggle is evident with strong masculinity with participation of all in the decision making.
Slide 9: Opportunities and challenges in Germany
- Impressive economy, stable politics, high consumerism and skilled workforce help the business endeavour to flourish and make profit
- Complicated tax laws and high cost of labour sometimes makes business disruption with misunderstanding and disputes (Hopkinson et al., 2018)
- Easy adaptability and the sense of save and invest with perseverance is influenced the German population to be highly successive in personal and professional life
The prosperous economy of the Germany is attracting the foreign investor for expanding and making business successful with skilled workforce and market with restrained cultural perspectives.
Slide 10: Conclusion
- National and organizational culture is reflective in everyday business for UK company’s vision and mission for successful business paradigm
- Organizational culture with multi cultural competence, adaptability, respect and openness with value and ethics are shaping the organizational culture in specific countries
- National economy, workforce and consumerism are also prime object for business operation for steady growth and prosperity
The UK Company needs to accommodate the national cultural thread in organizational culture to address the country specific issues and make a reputation in foreign market with regulatory laws and legal frameworks.
Task 1b- Self-reflection
Introduction
Organizational culture is the influence behind the employee with a strategic vision and mission and operational procedure with interconnectivity among the employees for better gain in efficiency and cooperation with value and respect. In this self-reflection, experiences regarding cultural analysis for the UK Company in international markets as Japan, Brazil and Germany are explained in detail.
Impacts of regional culture on the organizational culture of Multinational Enterprise (MNE)
MNE’s are carefully maintaining the global business expansion plan and thriving to make influence in the global market through easy adaptability and coordination of Supply Chain Management (SCM) with legal procedure. The inclusion of diverse employee force in the organizational operation will help to explore the market opportunity with ease of communication to eliminate the language barrier in business transactions. The availability complicated tax laws in Germany, lack of multilingual communication in Japan and strong regulatory formwork of Brazil are hindering the expansion plan of UK Company in a large extent to those markets. I am fortunate to accompany the project of international management where the pros and cons of Human Resource Management (HRM) are quite interesting and wide to deliver the business efficiency with effective performance. However, the organizational business policy is arguable in the foreign market with several differences such as market trend, consumer behaviour, market dependency with domestic suppliers and vendors, different language, religion, ethnicity, habits, beliefs, wearing and food habits (Sunarsi, 2020). My skills as communication, time management, active listening and critical analysis have grown by conducting the project of international context to manage the business parameters in foreign market. Further, I have analyzed the UK national culture and business affinity as opposed to the foreign market where companies are taking effective steps to incorporate the organizational culture with the operating country with values, ethics, morality and respect to accustom the market orientation for better opportunity and growth.
The internal and external communication is significant for continuing business with development according to the market trend here the inclusion of native workforce will allow the organization to communicate the customer and assess the needs of the consumer and duly developed to satisfy the customer Zeal. It has been mentioned that I have learned the global mindset to enhance interpersonal skills and conflict management for doing business in foreign markets where the UK Company is correlating the market environment with infrastructure, as of doing business bureaucracy, corruption, political stability and economic crisis for easy exploration of opportunity with time references. Moreover, the United Kingdom inhabits high masculinity, high individualism, a lot of positivity and confidence is witnessed in common British nationals. The headquarters employee is continuing as the cultural paradigm of the UK with respecting meritocracy and high competition. The complexity of tax law, language barriers, strong regulatory framework, market availability, access to labour market an relation with domestic and international suppliers, vendors and client are defining the market opportunity for the UK company in foreign land. I have acknowledged that, Communication, cultural exchange, in detail conversion and debate with colleagues as well as knowledge sharing are influencing the organizational culture for initiatives and innovation for problem solving of every day issues. The skills of interpersonal ability and cultural competence help to acknowledge the market barriers and ways to eliminate the barriers fluently to grow the market share in foreign country depending on the strong constraints of social behavioural culture of the domestic market. Japan is a strong economy where high consumerism, educated workforce and developed infrastructure is quite positive for business operations. On the other hand, frequent natural calamity, economic debt and technological development have been endured for business growth and profit margin (Tian et al., 2018).
It may be stated that the high infrastructure and political influence of Japan is quite friendly toward the foreign investor and start-ups for economic progress and business opportunity. On a contradictory note, Brazil is a growing developing economy that offers a large domestic market for the foreign business enterprises. MNE’s are regulating business in Brazil with a low level of innovation and complex tax structure which negatively impacted the company’s business objectives in Brazil. It may be opined that, the organizational culture of UK companies has accommodated the value based and fun loving Brazilian population with stability in cross border business functionary according Hofstede’s cultural dimensions theory. Language barrier and market diversity might be an issue to daily operations where I have learned the company culture to address the business criticality in foreign markets. On a specific note, bureaucracy and corruption is prevalent in Brazil and organizational benefit much dependent upon flexibility to offer transparency and accountability for gaining a wide reputation. High uncertainty avoidance and indulgence of the Brazilian population is corresponding to social connectivity and positive impact in business operations where I did the vast learning to prosper the business capability in Brazil for a UK company through regulating the HRM policy with trust and reliability (Petricevic and Teece, 2019).
It may be stated that Germany as a European country has some proximity of convergence of culture to accommodate the business objective for a steady growth and profit margin. The UK Companyfound ample opportunity in doing business in Germany, developed infrastructure, economic sustainability, innovative mindset and cultural openness has promoted the business directives for long time sustainability. On a different note, high labour cost, egoistic attitude and complicated tax structure is hindering the success rate of business operation with market competitiveness. The gap in organizational culture and market culture of foreign nation has widened the gap to appropriately doing business in the foreign market with changing labour law and human right expectation of common people. The high market competition, technological up gradation, time trending decision making are quite influential to successfully accomplish the business goals and better perspectives. The market potential to the extent of ambiguous and uncertainty of UK national culture is looking forward to establish bond among the market deed in foreign land with the affinity of national and organizational culture. It has to survive through the resistance of ingenious thinking and analysis of company deeds in the market operation with exposure to agility and resilience for improving the dynamic capability of the business operation (Altay et al., 2018). Other than that, the far right political activity has been witnessed in the culture of Germany which needs to be considered in business dealings and market communication for an easy consumer base and utilize the cultural influence for satisfying the consumer aspects. I have incorporated the flexibility in decision making by experiencing the UK companies change of legacy in organizational culture to reflect the business perspectives with happy shopping and responsibility for creation of value to the customer.
The business approaches of management need to be in order of ethics and responsibility where it has to coordinate the people with the job role and responsibility respecting the differences in organisational culture and availability of SCM. The frequent engagement of leaderships and cross cultural employee for verification and upgrade as well as incorporation in the organisational culture as the part of foreign domestic thoughts and beliefs to pre securely deals the employee with trust, credibility and loyalty towards the company. The organizational culture has taken a pragmatic approach to deal with the business functionary and accompany the market trend and consumer behaviour with extensive interaction and building cohesive public relationships with omni-channel communication and marketing methods for easy popularity and recognition of brand (Nam, 2018). The international business approach is heavily dependent on the organizational policy and adaptability with active workforce to address the consumer directive positively with respect, value, ethics and morality. Multi cultural competence is necessary and effective skills which I have incorporated in my skill set to confidently deal with future assignments and career.
Conclusion
From the above all discussions it may be concluded that, the international business management of MNE’s are focusing upon the inclusion of national culture in the organizational environment to earn confidence from the domestic market for high opportunity of growth and success. Apart from that, skill development and professional relationships are necessary for business operations in foreign markets.
References
Altay, N., Gunasekaran, A., Dubey, R. and Childe, S.J., 2018. Agility and resilience as antecedents of supply chain performance under moderating effects of organizational culture within the humanitarian setting: a dynamic capability view. Production Planning & Control, 29(14), pp.1158-1174.
Bogers, M., Burcharth, A. and Chesbrough, H., 2019. Open innovation in Brazil: Exploring opportunities and challenges. International Journal of Innovation, 7(2), pp.178-191.
De Zoysa, A. and Takaoka, N., 2019. Corporate social responsibility performance of small and medium enterprises in regional Japan: an empirical examination. Social Responsibility Journal.
Dobni, C.B., Wilson, G.A. and Klassen, M., 2021. Business practices of highly innovative Japanese firms. Asia Pacific Management Review.
Hofstede Insights. 2022. United Kingdom – Hofstede Insights. [online] Available at: <https://www.hofstede-insights.com/country/the-uk/> [Accessed 29 January 2022].
Hopkinson, P., Zils, M., Hawkins, P. and Roper, S., 2018. Managing a complex global circular economy business model: opportunities and challenges. California Management Review, 60(3), pp.71-94.
Nam, T., 2018. Examining the anti-corruption effect of e-government and the moderating effect of national culture: A cross-country study. Government Information Quarterly, 35(2), pp.273-282.
Petricevic, O. and Teece, D.J., 2019. The structural reshaping of globalization: Implications for strategic sectors, profiting from innovation, and the multinational enterprise. Journal of International Business Studies, 50(9), pp.1487-1512.
Sunarsi, D., 2020. The Analysis of The Work Environmental and Organizational Cultural Impact on The Performance and Implication of The Work Satisfaction. JurnalIlmiahIlmuAdministrasiPublik, 9(2), pp.237-246.
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