Question

IDENTIFY AND EXPLAIN FULLY ANY 3 COMPONENTS OF CULTURE AND THEIR IMPORTANCE TO INTERNATIONAL BUSINESS PROFESSIONALS.

Answer 1

Ans- Components of Culture and their importance to International Business Professionals-

• Language- Effective Communication is vital for the success of any organization. But it is critical because when it comprises of miscommunication. In many companies, english is the most spoken language. But more than what language you speak, it's important how you convey the message. Morever, while English might give you importance of non verbal communication which are equally important in international business.
• Work Ethics- Different Approaches to the professional communication are one of the workspace norms. Formality of address is very much important while talking with colleagues and partners from different countries. Do they prefer title and surname or the first name? It varies in variouds countries. Asian Countries like South Korea, China use Mr./Mrs. Surname. In Countries like America, Canada, they use First Name. The concept of punctuality varies between cultures in international business environment. Different ideas of being on time can do misunderstandings or mis perceptions. For Example- When American may arrive at meeting few minutes early, an Italian or Mexican arrive several minutes early minutes after the scheduled time. (Both are known to "on time")
• Organizational Heirarchy- Organizational Heirarchy and attitudes towards management varies in very cultures. Whether the junior or senior colleagues can comfortable speak up in meetings, questional senior decisions, express their opinions are dictated by the cultural norms. For Example- Japan a country which gives value to the social heirarchy, receive status and respect for seniority and they bring this approach into this workplace. It helps to define roles and responsibilities. Those in senior management do respect and expect the formality from their junior team members. In country like Norway which focuses on societal equality, they have the flat organizational heirarchy. This can be informal communication and emphasis on cooperation across the organization.

So, this was about the components of culture and importance to international business professionals.

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