Culture has a great effect on International Business.
describe what Hofstede's dimensions of culture are, giving exs for each one of them and the impact of each dimension on International Business decisions in the organization.
Discuss the challenges that International Managers are faced with in managing a culturally diversified group of employees and how they can overcome them.
The overall global environment (macro level) has great impact on businesses and the strategies used by companies around the globe in encountering the situation and dynamic change faced."
Discuss each of these factors that affect businesses in general with special focus on your own organization. (Your discussion should include points such as industry analysis, strategy formulation, and strategy implementation).
Discuss an organization in Asia that has been greatly affected (either positively or negatively) by a factor in the global environment and how this company dealt with it.
o Elaborate the role and functions of International Human Resources Department by citing few relevant exs.
o Discuss the challenges that International Human Resources Management faced and ways to handle those challenges.
o Provide exs for each of those challenges from your own experience and how do your company handle those challenges .
INSTRUCTION: ANSWER ALL.
Multinational corporations operate in a very different and hostile environment compared to domestic companies. The risks involved for MNCs are larger and more complex. These risks need to be properly addressed and evaluated to ensure the stability of the company in the international setting.
Discuss two most major financial risks that Multinational corporations face, and describe each risk in details by giving few exs to support your discussion.