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Review six recent issues of a business periodical (such as Business Week, Fortune, Forbes, Fast Company, or Wall Street Journal) Find two articles on international business and evaluate them by asking:
• What types of cross-cultural differences might arise in these situations?
• How might managers deal with those cross-cultural differences?

Sample Solution

This article discusses how a business can expand into international markets and still maintain its culture. It looks at the experiences of several companies that have successfully navigated these waters. The article notes that in order for businesses to succeed in international markets, they must be aware of potential cross-cultural differences and adjust their approach where necessary. For example, some cultures may expect customers to haggle over prices whereas others may not like this type of negotiation; understanding these differences is key to gaining market acceptance. Furthermore, it is important for managers to be mindful of cultural norms when recruiting workers from different countries. Also, local labour laws should be taken into account when considering compensation packages and other benefits for employees abroad. Finally, the article suggests that managers should strive to build relationships with local stakeholders such as government officials and industry associations in order to gain better insight into the workings of foreign markets.

 

Sample Solution

This article discusses how a business can expand into international markets and still maintain its culture. It looks at the experiences of several companies that have successfully navigated these waters. The article notes that in order for businesses to succeed in international markets, they must be aware of potential cross-cultural differences and adjust their approach where necessary. For example, some cultures may expect customers to haggle over prices whereas others may not like this type of negotiation; understanding these differences is key to gaining market acceptance. Furthermore, it is important for managers to be mindful of cultural norms when recruiting workers from different countries. Also, local labour laws should be taken into account when considering compensation packages and other benefits for employees abroad. Finally, the article suggests that managers should strive to build relationships with local stakeholders such as government officials and industry associations in order to gain better insight into the workings of foreign markets.

 

Altogether, the interesting question arises of how an open-list PR system would affect a less fragmented, strong party alliance system in a democracy such as the United States. The transition from a strict first-past-the-post system, which has been the building blocks for American society for 250 years, would certainly cause an uproar from conservatives and libertarians alike. While it would have little to no effect on the Senate retaining two seats per state, the institution of voting proportionment would likely result in smaller parties becoming more prevalent in the House of Representatives. Potential effects of such an institutional realignment pose short, medium, and long-term socio-political consequences.

Before we discuss the potential consequences, an even more interesting series of events needs to be considered. After witnessing the recent election of Donald J. Trump as president-elect, it closely parallels the social uprisings leading to Dilma’s impeachment. According to Fabrício H. Chagas Bastos, “the outcome of the last [Brazilian] presidential election revealed a polarized country, divided between regions (North-Northeast versus Center-South) and income groups (rich versus poor). Protests from every side were organized by and spread through social networks, spilling into the streets during the campaign and immediately after the election. This led some eager observers to argue that Dilma would rule a country split in two,” (Bastos, 148). Since the 2008 housing market crash, income inequality, the 99% versus 1% argument such as the Occupy Wall Street movement, have caused rifts in the United States trust in governmental regulations. Moreover, congressional gridlock between Democrats and Republicans has only increased the social tension void. Now, the country has been faced with countless protests denouncing Donald J. Trump’s presidential legitimacy, especially through the Twitter #NotMyPresident movement. As reported by Christopher Mele and Annie Correal of The New York Times on November 9, 2016, “thousands of people across the country marched, shut down highw

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