This document discusses various aspects of adapting business customs when operating internationally. It identifies different levels of adaptation required based on factors like a country's awareness, communication, and education levels. Business customs are grouped into cultural imperatives, electives, and exclusives. Aspects of adaptation include authority levels and patterns, management objectives, communication styles, formality levels, and approaches to negotiation, gender biases, business ethics, and bribery. Strategies for cultural change and influencing attitude changes are also outlined.
EPRG Characteristics -international-businessDinker Vaid
Ethocentric, Geocentric, Polycentric, regiocentric Approach.
(EPRG)
International Business. How to see these parameters to diversify the companies and products and policies.
The Characteristics, HRM practices, culture, Policies etc.
International Marketing Management - IntroductionSOMASUNDARAM T
Definition; scope and challenges; difference between international marketing and domestic marketing; the dynamic environment of international trade; transition from domestic to international markets orientation of management and companies; international marketing environment.
Buying Decision Making Process
Buying roles, Stages of the decision process – High and low effort decisions, Post purchase decisions, Models of consumer behaviour
Impact of Green Marketed Product on Consumer Purchase DecisionKUMAR GAURAV
Research is conducted to analyse the impact of green marketed product on consumer purchase decision and to know what percent of the sample population is aware of green marketing or product manufactured through green process and their attitude towards it.
Major findings are-
* Consumer awareness towards green marketing products is high, a large no.
population approximately 55 percent is aware about green marketing.
* Consumer are ready to pay extra amount for green marketed product as they believe they are manufactured without harming environment which gives them a feeling socially responsible person and at the same time they believe green products are good for health.
Suggestions-
Government can play a very important role in promoting and creating awareness about the green marketing which is equally good for the environment, customer and for producers. Therefore govt. should try to take some necessary action.
EPRG Characteristics -international-businessDinker Vaid
Ethocentric, Geocentric, Polycentric, regiocentric Approach.
(EPRG)
International Business. How to see these parameters to diversify the companies and products and policies.
The Characteristics, HRM practices, culture, Policies etc.
International Marketing Management - IntroductionSOMASUNDARAM T
Definition; scope and challenges; difference between international marketing and domestic marketing; the dynamic environment of international trade; transition from domestic to international markets orientation of management and companies; international marketing environment.
Buying Decision Making Process
Buying roles, Stages of the decision process – High and low effort decisions, Post purchase decisions, Models of consumer behaviour
Impact of Green Marketed Product on Consumer Purchase DecisionKUMAR GAURAV
Research is conducted to analyse the impact of green marketed product on consumer purchase decision and to know what percent of the sample population is aware of green marketing or product manufactured through green process and their attitude towards it.
Major findings are-
* Consumer awareness towards green marketing products is high, a large no.
population approximately 55 percent is aware about green marketing.
* Consumer are ready to pay extra amount for green marketed product as they believe they are manufactured without harming environment which gives them a feeling socially responsible person and at the same time they believe green products are good for health.
Suggestions-
Government can play a very important role in promoting and creating awareness about the green marketing which is equally good for the environment, customer and for producers. Therefore govt. should try to take some necessary action.
Workshop made by
Annika Zeit, Sergio Stanga, Müjdat Emre Semiz, Maximilian Preuß
...all about the best practices and customs in the implementation of international marketing strategies
This slide deck takes a look at the reasons behind why you would float a company on the stock exchange, the different methods of flotation, the initial steps to flotation and then a further look in more detail at the AIM Stock Market. To learn more or book a free consultation visit our website http://www.hbcg.co.uk
Changing American Society VALUES1) What is a cultural value Do.docxtidwellveronique
Changing American Society: VALUES
1) What is a cultural value? Do all members of a culture share cultural values?
Cultural values are widely held beliefs that affirm what is desirable. They impact our daily activities. They are not shared by all members. However, they are common to the main body of the culture even though there are significant variations between subcultures.
2) Describe the current American culture in terms of each of the 18 values discussed in this chapter.
a. Individual/collective: More collective than in the past but still strongly individualistic.
b. Performance/status: Moving back toward a strong performance emphasis.
c. Tradition/change: Hesitation to accept all change as positive, but still strongly change‑oriented.
d. Masculine/feminine: Shifting away from a strongly masculine dominance.
e. Competition/cooperation: A reduction in the competitive orientation of the society but still basically competitive.
f. Youth/age: Movement away from youth toward more of an older orientation.
g. Active/passive: Strong active orientation remains.
h. Material/nonmaterial: Indications that some Americans are putting less emphasis on materialism though it is still a dominant value.
i. Hard work/leisure: Leisure activities are seen as being somewhat more rewarding and necessary than in the recent past.
j. Risk taking/security: Somewhat reduced emphasis on security than in the recent past.
k. Problem solving/fatalistic: People basically feel they can affect and, to some extent, control the world around them.
l. Admire nature/overcome nature: We are more prone to admire nature, to coexist with it, and to learn from it.
m. Diversity/uniformity: The orientation has shifted from uniformity toward diversity.
n. Postponed gratification/immediate gratification: Many Americans who postponed gratification during the recent recession are less willing to do so now even if their financial situation would suggest otherwise.
o. Sensual gratification/abstinence: Increased tolerance and acceptance of sensual gratification seems to be continuing.
p. Religious/secular: Generally, American society is secular though there are strong religious influences.
q. Limited/extended family: Americans have a limited family orientation compared to many other cultures.
r. Cleanliness: Cleanliness is viewed as being extremely important.
3) How is voluntary simplicity related to the materialism value? What are the marketing implications of voluntary simplicity? Do these implications vary by product class?
The U.S. continues to possess the characteristics of a consumption society. However, there is some evidence that the strong value on material possessions is moderating with some consumers due to role overload, burnout, and emotional exhaustion. These consumers are rethinking their priorities and consciously simplifying their lives. Although voluntary simplicity involves a small segment of the overall population, its growth holds economic and ma ...
Week 10 - Business Ethics in a Global EconomyBe sure to read t.docxmelbruce90096
Week 10 - Business Ethics in a Global Economy
Be sure to read the lecture notes thoroughly, as they supplement the information offered in digital material within the course. You will be responsible to know the information provided here and in your assigned reading.
I. Ethical Perceptions And International Business
The self-reference criterion (SRC) is the idea that people perceive differences between themselves and citizens of other countries when traveling abroad; they may believe the values of their own country to be ethically superior to those of others.
The SRC is an unconscious reference to one's own cultural values, experiences, and knowledge. When confronted with a situation, a person reacts on the basis of knowledge accumulated over a lifetime and usually grounded in the culture of origin.
These reactions are based on meanings, values, and symbols that relate to the culture of origin, but may not have the same relevance to people of other cultures.
In the United States, for example, dumping---the practice of charging high prices for products sold in domestic markets while selling the same products in foreign markets at low prices, often below the costs of exporting the products---is viewed negatively, and this country has a number of anti-dumping laws.
1. Culture as a Factor in Business
1. Ethical issues that arise from international business activities often differ significantly from those that evolve from domestic business activities.
2. Culture is everything in our surroundings made by people: both tangible items and intangible concepts and values. This definition includes language, religion, law, politics, technology, education, social organization, general values, and ethical standards.
1. Each nation has a distinctive culture and, consequently, distinctive beliefs about what business activities are acceptable or unethical.
2. Distinct subcultures can also be found within many nations.
3. One of the critical ethical issues linked to cultural differences is the question of whose values and ethical standards take precedence in negotiations and business transactions.
2. Adapting Ethical Systems to a Global Framework
1. When businesspeople rationalize straying from their own ethical values when doing business abroad, they are resorting to cultural relativism: the concept that morality varies from one culture to another and that business practices are therefore differentially defined as right or wrong by particular cultures.
2. As business becomes more global and multinational corporations proliferate, the chances of ethical conflict increase.
II. Global Values
1. There have been numerous attempts to establish a set of global or universal ethical standards.
1. Many of these efforts show a pattern of shared values, such as truthfulness, integrity, fairness, and equality, which suggest a universal set of ethics that can be applied to business across the globe.
2. The shared values assume that we all have basic rights and res.
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
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A Strategic Approach: GenAI in EducationPeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
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Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
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Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
Business customes and practics in global marketing
1. Business Customs and Practices
International Adaptation: willingness to adapt the
business custom, practices, attitude of other countries.
Guide to Adaptation
a) Open tolerance: you have to accept the miss behavior
of the people for the sake of business interest.
b) Flexibility: to adapt with new culture, marketers should
show their flexible attitude.
c) Humility: polite and gentleness can wine the world; it is
not only for domestic but also for global business.
d) Justice and fairness: avoid all kinds of fraud and
cheating; maintain a basic principles and ethics.
e) Adjustability to varying tempo: you have to adjust
yourself with changing environment.
f) Curiosity: show your interest and curiosity about the
history, culture and tradition of the country.
2. Guide to Adaptation:
g) Knowledge of the country: different aspects of the
country such as politic, legal, social or govt.
h) Linking for others: maintain a strong relationship,
identify their sensitive issues and do accordingly.
i) Ability to commend respect: you must behave in such
a way that other person must respect you.
j) Integrated ability: adjusting ability with every situations
Degree of Adaptation
a) Awareness level: if the awareness level of the people is
very high then adaptation process will be first.
b) Communication level: if the communication level of the
people is very high then adaptation will be first.
c) Education level: if the education level of the people is
very high then adaptation process will be first.
d) Personalization: if personal interest level of the people
is very high then adaptation process will be first.
3. Adaptation Forms
Business customs can be grouped into three categories
i) Cultural imperatives: are those business customs that
are not avoidable. Friday is holiday.
ii) Cultural electives: customs to which adaptation is helpful
but not necessary. Offering tea or gifts.
iii) Cultural exclusives: customs in which an outsider must
not participate. A Christian attempting to act like a Muslim.
Adaptation Aspects:
Different methods of doing business or different aspects of
adaptation in international marketing.
1) Authority Level:
a) Ownership: sole trade, joint venture, joint stock company
b) Size: small, average or large size of firm orientation
c) Contract: person to contract or communicate first
d) Public accountability: level of public awareness
e) Cultural values: differ from culture to culture
4. 2. Authority Patterns
a) Top-level management decision: top authority take
decision and direct control the business operation.
b) Decentralized decision: it allow executives at different
levels of mgt. to exercise authority over their own function.
c) Committee decision: is by group or consensus. It may be
operated on centralized or decentralized basis.
3) Management Objectives: of the foreign delegates
a) Personal goal: American executives emphasis on salary;
Bangladeshi executives emphasis on other benefits.
b) Security: To American, security means financial benefits;
To Bangladeshi, security means job security.
c) Personal life: To Japanese, personal life means company
life, Bangladesh, family life is personal life.
d) Social acceptance: To Japanese, business executives
have the high social status; opposite in Bangladesh.
e) Power: To Japanese, Govt. people hold the high power;
political people hold the high power in Bangladesh.
5. 4) Communication: status in the foreign country
a) Internal communication: downward, upward, vertical,
horizontal, formal or informal communication.
b) Face to face communication: foreign marketers use
translators; English is preferable by the British.
c) E-communication: communication through e-media.
4) P-time vs. M-time
a) P-time: (poly-chronic): highly flexible and humanistic;
human transaction is highly emphasis than work
schedule, (may come from 8 to 12).
b) M-time: (mono-chronic): not flexible and robotic; work
schedule is highly emphasis than human transaction,
(close at 8 pm).
5. Formalities: in Japan, business formalities is very
simple and dynamic; in Bangladesh, business formalities
is very complex and traditional.
6. Negotiation: it is the fundamental business rituals; the
basic elements are the same in any country; they related
to product, price, place, promotion or other business
issues but terms and conditions are different.
6. 7. Gender Bias
It is a very sensitive issues in international marketing;
against women managers that exists in some countries
(Saudi Arabia); some countries are women dominated.
8) Business Ethic: serious problems in international
marketing; That which is commonly accepted as right in
one country may be completely unacceptable in another.
In many countries of the world gifts are accepted and in
many countries gifts are not allowed.
9. Bribery:
In some culture bribe is crime and in some culture it is
highly accepted; it is not only money matter but also
have other forms.
a) Bribery and Extortion:
i) Bribery: willingly or voluntary offered payment by
someone seeking unlawful advantages is bribe.
Executives offer secretary for appointment.
7. 9. Bribery:
ii) Extortion: not willingly or pressurizes offered payment
by someone seeking unlawful advantages is extortion.
Secretary offer executives for giving permission.
b) Lubrication and Subornation
i) Lubrication: relatively small sum of cash or gifts or a
service given to a low ranking officials in country where
such offerings are not prohibited by low.
ii) Subornation: large some of money designed to enteric
an official to commit an illegal act on behalf of the one
offering the bribe.
c) Agents fee: when a business person in uncertain of a
country’s rules and regulations, an agent may be haired
to represent the company in that country.
8. Cultural Change:
i) Borrowing: learn from other culture; our food habit,
dress, have been change due to cultural borrowing.
ii) Similarities: different language same culture (France-
Canada), same language cultural difference (US-Inland).
iii) Resistance to change: changes influence on values or
ideology; now Bangladeshi people accept birth control.
iv) Cultural change agent: when marketers want to
change a part of culture; three strategies for changes
a) Planned change: free offering by company and they
become habituated, tea offering by British company.
b) Unplanned change: first identify the issue then offer the
product; first food or mineral water accepted by people.
c) Forced change: marketers take some aggressive
marketing strategy, promotional appeal change culture.
9. Changing Dimensions:
a) Cultural variability: refers to the degree to which
conditions within a culture are changing at a low or high
and stable or unstable rate (fashion is very unstable).
b) Cultural complexity: refers to the degree to which
understanding within a culture is depend on information
processing (convert from suspect to partners).
c) Cultural hostility: refers to the degree to which
conditions within a culture are threatening to
organizational goal (acceptance by the stakeholder).
d) Cultural heterogeneity: refers to the degree to which
separate cultures are dissimilar or similar. Dissimilarity
means company needs to take centralized decision.
e) Cultural independency: refers to the degree to which
conditions in one culture are sensitive to developments
in other culture. It reduce subsidy, autonomy.
10. Attitude Changes Strategies
a) Classical conditioning: a stimulus audience like such
as music is consistently paired with the brand name.
b) Advertising: use advertising appeal and slogan; bank
for saving attitude “using a woman with ornaments”.
c) Mere exposure: repetition is critical for affect-based
campaigns, repetition can change the attitude.
d) Change beliefs: American cars are not as well made as
Japanese cars; about the performance of brand.
e) Shift importance: more important than others;
vegetables roles reduces the risk of heart disease.
f) Add beliefs: add with beliefs structure; we are born to
die; so, what is the harm of drinking beer.
g) Change ideal: change the perception of people; change
the perception about food habit or product use or brand.
h) Group pressure: accept drink when offered by friend,
some people use alcohol within group involvement.
11. Attitude Changes Strategies
i) Social system: sometime we should avoid or accept the
products or services by the new rules and regulations.
j) Learning: coupons, free sampling or price reduction are
common techniques for including trail behavior.
k) Use of fear: fear can causes some people to change
their attitude; target selling change attitude of salesman.
l) Co-opting approach: customers are very much attached
with a supervisor; he can influence customers.
j) Creative program: through mass media such as talk
shows in the television, open discussion change attitude.
k) Word of caution: some word of caution such as highest
production, stock limited, no smoking have impact.
l) Information: provide new and informative information
create confidence to the people and influence attitude.
m) Persuasion: it is a common methods to change attitude
of people; implement different motivational strategies.