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Business Plan

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International Business Assignment Sample

International Business Assignment Sample (GC0666)

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Executive Summary

The key aim of this essay is to critically discuss and analyze the cultural differences by applying Hofstede’s Cultural Model in terms of particular organizations.  In this essay, Hofstede’s Cultural Model has been applied to a UK ese organization named “Toyota”, which operates in the global market including CHINA. The discussion and analysis of the application of Hofstede’s Cultural Framework have been based on UK and CHINA.

The findings of this essay have come from several data sources. Most of the data have come from Geert Hofstede’s website named “www.geert-hopstede.com” and Toyota’s website name “www.toyota-global.com”. In addition, the author of this essay has used several books, journals, and other websites to accomplish the assignment.

The overview of this essay shows that Hofstede’s Cultural Model applies six cultural dimensions that provide measurable paradigms to meet organizations’ expectations towards the cultural differences in their international marketplaces and contribute to their inter-cultural studies. Organizations like Toyota which operate in the international marketplace, are is the most significant factor to manage any conflicts raised in the business environment and to meet the needs and expectations of the workforce. In addition, the six dimensions included in Hofstede’s cultural model affect the cross-cultural communication of multinational organizations including Toyota, which supports the organization reduce a substantial level of risk and conflicts among employees. As a result, global organizations including Toyota must consider the cultural factors mainly the six dimensions discussed through Hofstede’s Cultural Model, when they take any initiatives or make decisions for their business……….

 

Table of Contents

Executive Summary.

1.0 Introduction.

Background of the company.

2.0 Literature Review.

2.1 What is culture?.

2.2 National culture.

2.3 Organisational culture.

2.4 Concept of Hofstede’s Cultural Model

2.5 What does the Hofstede Model focus on?.

3.0 Application of Hofstede’s Model in the Jaguar Land Rover business.

3.1 Overview of Jaguar Land Rover and its cultural differences in its global markets.

3.2 Cultural difference between Jaguar Land Rover  home country (UK ) and the global market (CHINA )

4.0 Discussion and Analysis.

5.0 Conclusion.

6.0 Recommendation.

References.

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Global Business Management Assignment

Business Plan Sample Assignment

1.0 Introduction

Country boundaries of business are, nowadays, are shaped by the globalization and advancement of both worldwide communication and transformation systems. These factors have provided huge opportunities to domestic business organizations to maximize their opportunity in the international marketplaces. One of the scholars named “Geert Hofstede” started in 1970 to notice the significance of cultural differences in the success of multinational organizations (Hofstede and Minkov, 20114). Most importantly, cultural issues are important when organizations deal with people who come from different cultures and diverse backgrounds. This is because different cultures and diverse backgrounds may be the cause of conflict among organizations’ people (Holden,  2012). Thus, it is essential for global organizations to understand and recognize the cultural differences in their business environment. A model developed by Hofseted plays an important role to guide organizations to recognize their cultural differences and suggest to improve inter-cultural communication among workforces. However, some critiques raise questions against the reliability of this framework (Bond, 2012).

This report critically discusses and analyses Hofstede’s cultural framework in the first section. Then, the report applies this framework to a practical organization named “Jaguar Land Rover “, and recommends to improve its inter-cultural communication in a business environment. Finally, the report critiques the limitations of Hofstede’s cultural framework focusing on the findings of literature……………….

 

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