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Management and Organizational Behavior

In: Business and Management

Submitted By master2014
Words 1595
Pages 7
Trident University International
Jason C. Christenson
MGT 501, Management and Organizational Behavior
Module #1, Case Assignment
Doing Business Abroad
Doctor Ken Myers
April 11, 2005

INTRODUCTION:
PURPOSE: The purpose of this paper is to answer the assigned questions within this module. By answering these questions, I will gain a better understanding of the important aspects surrounding conducting business abroad. BACKGROUND: This is the first case assignment for MGT501, Management and Organizational Behavior during the spring semester at Touro University International.
COVERAGE: I will use background information, combined with outside research to strengthen this paper. I will begin by identifying at least three specific ways that cultural differences would affect doing business internationally. Next, I will discuss some specific skills that global managers need to address the cultural differences. I will then discuss my views regarding expatriate and foreign-national managers by stating the reasons why a combination of managers is the most effective way to deal with these challenges. Finally, I will conclude with a brief summary that highlights the key points made throughout the paper. DISCUSSION: Many foreign markets are considered an untapped resource. The potential for growth in these markets is very high; however the potential can not be fulfilled without strong human resource applications, effective organizational structure, and efficient cultural understanding. The company’s corporate culture has to be modified to take cultural differences into consideration. The ability to evolve the organization by enveloping these cultural differences into the corporate culture can severely affect an organization’s success in the global marketplace. In the following paragraphs, I will discuss some organizational

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