Business Economics And Cultural Differences Comparison Essay by Quality Writers

Business Economics And Cultural Differences
This paper provides a complete analysis of the interaction between business economics and cultural differences.
# 105237 | 1,227 words | 2 sources | APA | 2008 | US

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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.

Cultural Differences: Czech Republic versus United States
Hofstede's Evaluation: Czech Republic
Eastern Versus Western Cultures

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))"

Sample of Sources Used:

  • International Business Center. (2003). Geert Hofstede cultural consequences. Retrieved August 18, 2007, from
  • ITIM - Creating Cultural Competence. (2003). Geert Hofstede(TM) cultural dimensions. Retrieved August 18, 2007, from

Cite this Comparison Essay:

APA Format

Business Economics And Cultural Differences (2008, July 01) Retrieved March 03, 2024, from

MLA Format

"Business Economics And Cultural Differences" 01 July 2008. Web. 03 March. 2024. <>