4- 0 © The McGraw-Hill Companies, Inc., 1999 Irwin/McGraw-Hill Cultural Dynamics in Assessing Global Markets Chapter 4.

Slides:



Advertisements
Similar presentations
1 Chapter 10 International Strategic Management. 2 Why go International? Increasing competition at home Need to grow Low cost production Reduce tariffs.
Advertisements

Cultural Dynamics in Assessing Global Markets Chapter 4 McGraw-Hill/Irwin© 2005 The McGraw-Hill Companies, Inc. All rights reserved.
CHAPTER TWO Cross-Cultural Variations in Consumer Behavior McGraw-Hill/Irwin Copyright © 2004 by The McGraw-Hill Companies, Inc. All rights reserved.
4 The Global Environment.
Economic growth in developing Asian countries
Welcome to class of Sociocultural aspects of International Business by Dr. Satyendra Singh University of Winnipeg Canada.
Culture and Differences in Culture
Skills for a Sustainable Business Enterprise. What is CULTURE? According to Hofstede: Individualism Power Distance Index Uncertainty Avoidance Index.
Three Elements of Culture
MANAGEMENT RICHARD L. DAFT.
Chapter 5 THE MEANINGS AND DIMENSIONS OF CULTURE.
©2004 Prentice Hall2-1 Chapter 2: Global Marketplaces and Business Centers International Business, 4 th Edition Griffin & Pustay.
Public Relations Strategies and Tactics Tenth Edition
Cultural Dynamics What is culture? Cultural values - Hofstede
Developing Global Managers
Chapter Thirteen Global Product and Service Strategies.
Communicating in a World of Diversity
Irwin/McGraw-Hill Copyright © 2001 by The McGraw-Hill Companies, Inc. All rights reserved. 1-1.
Communicating and Negotiating Across Cultures
The Cultural Environment §International marketing requires constant concern for different cultures and therefore requires adaptation. §Self-reference.
* Japan is one of the largest business partners of the US, so possible careers could be waiting for you! *English and Japanese are extremely different,
Chapter 5 Business Customs in Global Marketing.
Alexander Consulting Enterprise 9/3/2015 Cultural Environment of Global Markets.
Cultural Dynamics in Assessing Global Markets Chapter 4 Cultural Dynamics in Assessing Global Markets.
Cultural Dynamics in Assessing Global Markets Chapter 4 McGraw-Hill/Irwin© 2005 The McGraw-Hill Companies, Inc. All rights reserved.
Social and Cultural Environment
International Business
Chapter 2 Cross-Cultural Business. © Prentice Hall, 2008International Business 4e Chapter Chapter Preview Define culture and list its components.
Cross-Cultural Consumer Behavior: An International Perspective
2004 – Czech Republic joined EU Fiscal and monetary policy aims to align its macroeconomic conditions with the rest of the EU. The earliest date to join.
Copyright  2008 McGraw-Hill Australia Pty Ltd PPTs t/a Management: A Pacific Rim Focus 5e by Bartol, Tein, Matthews, Sharma Slides prepared by Rob Lawrence,
P 3-1. P 3-2 Chapter 3 ConsumerBehavior P 3-3 An Overview of the Buying Process Consumer decision making Group influences Marketing influences Situational.
MKT 420 Contemporary Issues in Marketing Chapter 8 Marketing across Cultures.
Cross-Cultural Business. © Prentice Hall, 2006International Business 3e Chapter Chapter Preview Define culture and list its components Discuss attitudes.
CHAPTER 3 : Culture Environment Learning Objectives: Understand how culture impacts international business Concept and elements of culture Cross-culture.
Different in Culture.
Cultural Dynamics in Assessing Global Markets
COUNTRY BRIEFING Thailand Greg Wallis, Senior Trade Commissioner Australian Embassy Bangkok June 2013.
5- 0 © The McGraw-Hill Companies, Inc., 1999 Irwin/McGraw-Hill Chapter 5 Business Customs in Global Marketing.
The International Business Environment
INTERNATIONAL HUMAN RESOURCE MANAGEMENT
McGraw-Hill/Irwin © 2009 The McGraw-Hill Companies, All Rights Reserved Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin.
©2006 by The McGraw-Hill Companies, Inc. All rights reserved. Chapter 7 Adapting to Your Audience.
Immigration Why do immigrants move? Why do immigrants move?
Cultural Dynamics in Assessing Global Markets Chapter 4.
Cross Culture Presentation. Brief History of Citibank is a major international bank founded in 1812 Headquarters – New York Industry Finance Financial.
China 101 Facts and Trends. China 101 Key facts Full Name – People’s Republic of China (PRC) Population billion (July 2007 UN estimate) Size
Analyst Meet August 27, 2002 “Living up to the promise” © 2002 Infosys Technologies Limited Challenges in the Asian market V. Sriram.
© The McGraw-Hill Companies, Inc., 2002 All Rights Reserved. McGraw-Hill/ Irwin 1-1 Business and Society POST, LAWRENCE, WEBER The Corporation and Its.
Chapter 2 Copyright © 2013 Pearson Education, Inc. publishing as Prentice HallChapter 2 -1 Global Marketplaces and Business Centers.
Cultural Dynamics in Assessing Global Markets Chapter 4 McGraw-Hill/Irwin© 2005 The McGraw-Hill Companies, Inc. All rights reserved. PowerPoint presentation.
chapter Differences in Culture McGraw-Hill/Irwin Global Business Today, 5e © 2008 The McGraw-Hill Companies, Inc., All Rights Reserved. 3.
Copyright © 2009 by The McGraw-Hill Companies, Inc. All rights reserved.McGraw-Hill/Irwin Chapter Six Managing in the Global Environment.
Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin Global Business Today 7e by Charles W.L. Hill.
McGraw-Hill/Irwin © 2003 The McGraw-Hill Companies, Inc., All Rights Reserved. Example 1-Ad A.
The Korean Wave Korea Story Project December 14, 2014.
Organizations Behavior Structure Processes Tenth Edition Gibson Ivancevich Donnelly Irwin/McGraw-Hill © The McGraw-Hill Companies, Inc Chapter.
Culture refers to a people’s way of life – including how they meet their needs, and their language, literature, music, art, food, leisure activities, religion,
MANAGEMENT RICHARD L. DAFT.
MANAGEMENT RICHARD L. DAFT.
International Marketing
Culture Values Beliefs Norms Rules.
Introduction Culture refers to “the human-made part of human environment—the sum total of knowledge, beliefs, art, morals, laws, customs, and any other.
Organizational Behavior Across Cultures
Communicating in a World of Diversity
Communicating in a World of Diversity
Cultural Dynamics in Assessing Global Markets
Presentation transcript:

4- 0 © The McGraw-Hill Companies, Inc., 1999 Irwin/McGraw-Hill Cultural Dynamics in Assessing Global Markets Chapter 4

4- 1 © The McGraw-Hill Companies, Inc., 1999 Irwin/McGraw-Hill Elements of Culture Material Culture  Technology  Economics Social Institutions  Social Organization  Education  Political Structures Humans and The Universe  Belief Systems Aesthetics  Graphic and Plastic Arts  Folklore  Music, Drama, and Dance Language

4- 2 © The McGraw-Hill Companies, Inc., 1999 Irwin/McGraw-Hill Fractured Translations English Translations made by Japanese firm added to labels to increase prestige for their products being sold in China. Product English Translation Equivalent to Japanese Spam Liver Putty Toilet PaperMy Fanny Brand Ready to Eat PancakesStrawberry Crap Dessert Antifreeze SprayHot Piss Brand Pediatrician’s SloganSpecialist in Deceased Children SOURCE: “Some Strawberry Crap Dessert, dear?” South China Morning Post, December 9, 1996 p. 12.

4- 3 © The McGraw-Hill Companies, Inc., 1999 Irwin/McGraw-Hill Cultural Factors Never touch the head of a Thai or Pass an object over it The head is considered sacred in Thailand. Avoid using triangular shapes in Hong Kong, Korea, and Taiwan. It is considered a negative shape. The number 7 is considered bad luck in Kenya, good luck in the Czech Republic and has a magical connotation in Benin, Africa. The number 10 is bad luck in Korea. The number 4 means death in Japan. Red represents witchcraft and death in many African countries. Red is a positive color in Denmark. SOURCE: Business America, July 12, 1993

4- 4 © The McGraw-Hill Companies, Inc., 1999 Irwin/McGraw-Hill Cultural Differences between Japanese and American Individual Lifestyles Clear expression of joy and sorrow Unequivocal expression of “Yes/No” Strong self-assertion Strong personality Excellent negotiating skills Priority of self-interest Cultural Background Reticence Modesty Reserve Punctiliousness Politeness Obligation Ambiguous expression of Joy/Sorrow Equivocal expression of “Yes/No” Weak self-assertion Weak personality Poor negotiating skills Priority of harmony with others Japanese A Culture of Self-restraint Americans A Culture of Self-expression SOURCE: Norihiko Shimizu, “Today’s Taboos may be gone Tomorrow,” Tokyo Business, February 1995, p.50.

4- 5 © The McGraw-Hill Companies, Inc., 1999 Irwin/McGraw-Hill Cultural Differences between Japanese and American Social Life Dignity of individuals Individual work ethic Great individual freedom Respect for rules An open and transparent society Multi-cultural society A society excelling in creativity and versatility Individual decisions over consensus A society which pursues the ideal Human relations oriented Dependence on the group Lack of individual freedom Low regard for rules A closed society, lacking in transparency Mono-cultural society An orderly and uniform society Dependence on consensus A society which pursues harmony with reality Japanese Society “In the Same Boat” Concept American Society Dignity of Individuals SOURCE: Norihiko Shimizu, “Today’s Taboos may be gone Tomorrow,” Tokyo Business, February 1995, p.50.

4- 6 © The McGraw-Hill Companies, Inc., 1999 Irwin/McGraw-Hill Cultural Change Pas de Franglais OldNew Prime TimeHeures de grande ecoute (hours of largest audience) Air BagCoussin gonflable de protection (Inflatable cushion of protection) CookieSable americain Trans. (American cookie) SOURCE: Adapted from “La Guerre Franglaise,” Fortune, June 13, 1994, p. 14.