In: Economics
discuss how different cultural dimensions influence practice of management illustrate your answer with the managerial practices in Nigeria and sweden
In this human civilization one of the most crucial word is 'Culture'. Culture is created, acquired, and/or learned, developed, and passed on by a group of people, consciously or unconsciously, to subsequent generations. It includes everything that a group thinks, says, does, and makes—its customs, ideas, mores, habits, traditions, language, and shared systems of attitudes and feelings—that help to create standards for people to coexist. Management authority needs to follow different strategies for the different cultures. In some nation like Nigeria people may have issue of religion, financial inequality, low skilled, very different kind of values for this management has to use different rewards system particularly designed for the culture, different work ethics and hiring need to be constructed to make the people of this culture more productive. Management also need follows government guidelines like labour law , religious ethics which is made to protect their cultures. But in Sweden Peoples and their cultures are very much different and developed so management have to to give high incentives to work in this nation and also need to follows a very developed approach of work ethics like equal opportunity to all gender. So we can understand than depending upon cultural differences management need to make different strategies and has to give significant importance of cultural understanding in decision making.