This paper provides a complete analysis of the interaction between business economics and cultural differences.
Written in 2008; 1,227 words; 2 sources; APA; $ 41.95
Paper Summary:
This report compares the differences in management and work attitudes between the US (Western society, The Czech Republic and Asia). A variety of influences are discussed and compared such as gender, employee attitudes, and management styles, etc. The report concludes that cultural factors are indeed critical to outcome and the success of a company.
Outline:
Introduction
Cultural Differences: Czech Republic versus United States
Hofstede's Evaluation: Czech Republic
Eastern Versus Western Cultures
Conclusion
From the Paper:
"Culture is usually considered the combination of inherent values and learned mission. The importance of culture is due to the fact that it can affect operational excellence and the achievement strategic objectives. It is therefore imperative that there be a general understanding of the difference between the two cultural realms so that important aspects of the management styles can be positioned within the overall strategic business process within organizations, since:
- Organizations are living social organisms, and need a link between them to survive; the culture can act as this link, but may or may not be a positive or enforcing element,
- Culture is a main part of the fundamental support of an institution and may fail if there is a serious contradiction between business trends and the cultural practices within a country,
- Culture is critical to business strategies, goals, missions, and outcomes, (ITIM, 2003, para 4))"
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