An Essay on the Importance of Cultural Understanding in Global Business Practice and Education
论文作者:留学生论文论文属性:essay登出时间:2010-09-06编辑:vshellyn点击率:97
论文字数:5100论文编号:org201009062046369083语种:English地区:England价格:$ 20
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关键词:An Essay on the Importance of Cultural Understanding Global Business Practice Education
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An Essay on the Importance of Cultural Understanding in Global Business Practice and Education
ABSTRACT
As today’s business decisions and choices are increasingly influenced by the diverse cultural backgrounds and perspectives of various corporate stakeholders, it is critical for business managers to have multicultural understanding. This motivates us to refine our business perspectives and approaches in global arena as well as our educational philosophies on global business management. Based on casual yet experiential discussions, this essay presents some cohesive points on comparative cultural understanding and business implications thereof between the “West” and the “East,” which is presupposed by the cultural contrasts between America and Korea. It can hopefully serve as a practically meaningful guideline for business practice and education on multiculturalism.
Keywords: multiculturalism, global business management, comparative cultural understanding
INTRODUCTION
Thanks to the rapid and continuous expansion of large global businesses, today people, capital, information, and technology travel more freely, rapidly, and widely than ever. The ever-expanding scope and scale of large global firms over the recent decades have already been amply documented by numerous reports (See, among others, Barnet & Cavanagh, 1994; Korten, 1996; Karliner, 1997; Gottlieb, 1998; Worldwatch Institute, 2000; Chang & Ha, 2001, Schmidt, 2007; and Hynes, 2008). These and many other reports cite interesting and surprising facts about the growing size and influence of the corporate world.
Although the world economy has been experiencing severe recession in recent years, still 30 of the 100 largest economies in the world are corporations, and top 500 corporations account for nearly 30 percent of the world’s total economic output and 70 percent of the worldwide trade. 50% of the U.S. population generates basic income from corporations. All told, since 1950 the global economy expanded, thanks largely to corporations, from an annual output of $5 trillion to over $30 trillion, and growth since the 1990s exceeded that during the 10,000 years from the beginning of agriculture until 1950.
Content
EAST AND WEST – STILL DIFFERENT AND OFTEN DIAGONALLY OPPOSING
What’s in a name?
What’s in a language?
What’s in a mannerism?
What’s in a custom?
PARADIGMATIC DIFFERENCES IN BUSINESS SYSTEM
CONCLUSION - SEEKING THE BEST OF THE TWO CULTURES
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