Globalisation and Business Cultures and Practices
examines whether globalisation has led to a convergence of business cultures and practices. Cultural Differences Different cultural theories, notably Geert Hofstede's Cultural Dimensions Theory, suggest that significant cultural differences exist between countries (Hofstede, 2001). Values, beliefs, norms, traditions, and worldviews vary from one country to another. For example, while some countries value individualism, others emphasise collectivism and group harmony. Some view power and status as a source of recognition, while others consider individual accomplishments as the source of recognition. Generally, culture affects the behaviours, attitudes, and perceptions of a particular group of people (Luthans and Doh, 2012). It affects everything from language and communication to business.… Continue Reading...
