Term Paper on "Changing Corporate Behavior to Respond to Changing National Cultures"
Term Paper 4 pages (1320 words) Sources: 4
[EXCERPT] . . . .
Changing Corporate Behavior to Respond to Changing National CulturesOpening an office in another city can be daunting, and it is even more significant when one is opening an office in another country. There are many cultural issues that Newfoundland Capital Corporation will face when it opens offices in Mexico City, Mexico and Dusseldorf, Germany. To conduct business in new markets, the training of the company's sales force will need to change in several ways. First, the company's sales force -- whether they are new hires or people who have been with the company for some time -- will need to understand the culture in which they will be working. Even if the sales force will not all be headquartered in a particular country, that sales force may routinely deal with people from one of the offices that are about to be opened. Newfoundland culture is not the same as German or Mexican culture, and it is very important that cultural sensitivity training becomes part of what employees need to know (Kwintessential, 2010).
In addition to cultural sensitivity, the sales force must understand how business is done in other countries. A salesperson would not want to do something to inadvertently offend a person of another culture. That could not only cost the salesperson that sale, but it could spell trouble for the company. Newfoundland Capital Corporation does not want to be seen as a business that does not value diversity or that does not understand how to handle business transactions with those who are different in some way (Performance, 2011). Avoiding misunderstandings across cultures can be difficult, but there is no reason why the sales force cannot be trained to handle things appr
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Negotiation practices will not be the same for the company in its new markets, either. All countries do things differently, and Newfoundland Capital Corporation most likely does not have experience with the way in which Mexican or German businesspeople negotiate their contracts. In order to understand how these things are done, anyone who will be involved in negotiations must be trained properly. Radio broadcasting is, overall, the same kind of process in every country (Performance, 2011) -- but what are the restrictions? How much can Newfoundland Capital Corporation expect to be paid? How difficult will it be for the company to get a license for the new market? What do people in that market want to hear? There are so many questions to ask, and if Newfoundland Capital Corporation does not understand the way negotiations work in another country, it is possible that the company will lose out financially.
Also of concern is that Newfoundland Capital Corporation might ask for something in the negotiations that would seem innocuous but that is insulting in the new country. By having a good understanding of business negotiations across cultural divides, the chance of something like that taking place can be lessened. Newfoundland Capital Corporation should not be expected to change what it does in Newfoundland in order to be more accepted in Mexico or Germany. That would be unnecessary, and would lead to a long-term style of "watching their backs" that would create too much tension in the workplace. However, when in negotiations for the new markets, it is important for Newfoundland Capital Corporation to realize that how it conducts business in Newfoundland could becoming a bargaining chip -- either for it or for the other side in the negotiations -- where contracts are concerned.
Business communications is another area that would need to change for each of the new markets into which the company will be moving. Coming… READ MORE
Quoted Instructions for "Changing Corporate Behavior to Respond to Changing National Cultures" Assignment:
You should base your responses to the following questions on the insight found on the following websites.
-Newfoundland Capital Corporation http://www.ncc.ca.
-Centre for Cross Cultural Learning http://www.intercultures.ca.
-Geert Hostede.com http://http://www.geert-hostede.com.
-Kwintessential http://www.kwintessential.co.uk.
In this situation, Newfoundland Capital Corporation has decided to expand from its home market of St. John*****s, Newfoundland. It is opening an office in Mexico City, Mexico and Dusseldorf, Germany.
Please answer the following questions:
-How might the training of the company*****s sales force need to change in order to conduct business in these two new markets?
-How might the company alter its negotiation practices for each market?
-How would business communications practices need to change for each market?
-How will decision making and the use of hierarchy need to change for the company*****s offices in these two markets assuming that local staff be hired to run the offices?
Please cite your sources in the text and please reference them at the end of your assignment. Please end your write-up with one paragraph that summarizes what you think is the importance of this assignment.
How to Reference "Changing Corporate Behavior to Respond to Changing National Cultures" Term Paper in a Bibliography
“Changing Corporate Behavior to Respond to Changing National Cultures.” A1-TermPaper.com, 2011, https://www.a1-termpaper.com/topics/essay/changing-corporate-behavior-respond/743046. Accessed 5 Oct 2024.
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