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The Importance of Cultural Differences in International Business Essay

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Updated: Jun 9th, 2021

Introduction

People from specific racial backgrounds and ethnicities exhibit unique cultural attributes, norms, beliefs, practices, and behaviors. Entrepreneurs who want to achieve their business goals must be aware of such aspects and formulate appropriate models to engage employees from different regions. Fortunately, similar social activities and ideologies continue to be recorded in various regions or countries. This paper examines and describes the existing evidence to support the fact that a common business culture is spreading throughout the world.

Spreading Business Culture

Many organizations and companies have powerful codes of conduct that dictate their employees’ action plans and responsibilities. The term “business culture” refers to the style of operations in a given firm (Adamczyk, 2017). Such a model determines who employees share ideas, communicate with each other, and meet their clients’ needs. Within the past three decades, some convergence in business culture has been observed across the world.

Several factors are capable of triggering this outcome. The first one is that of economic and political systems. Many countries and regions have embraced either the communism or capitalism economic moles to pursue their goals. This move has resulted in similar corporate practices, guidelines, and initiatives that can make both public and private corporations successful. Democratic and liberal political ideologies have continued to inform such economic models. The existing leadership styles in many governments in Asia, Africa, America, and Europe have forced corporate managers to promote similar business cultures.

The second one is the wave of globalization and it has transformed the nature of interactions between nations. In the world of business, theorists have managed to propose superior cultural attributes that can empower employees and deliver positive results (Hong & Cheon, 2017). This process has also catalyzed the diffusion of business behaviors, ideas, and norms. The engagement in international trade has resulted in cultural globalization whereby similar meanings, business values, and concepts have become common across the world.

The third one revolves around the Internet, computers, and advanced communication systems that have transformed the way people share business ideas and knowledge. For example, social media platforms and websites are ensuring that high-quality information on business culture is available to more people. Global entrepreneurs are using computers and improved communication technologies to gather insights that can take their businesses to the next level. Consequently, a convergence in organizational behavior has become a reality.

The fourth factor is the presence of cross-cultural institutions that are currently making it possible for citizens and students to learn more about other people’s cultural values. Expatriates have become common in many companies across the world. These employees utilize such facilities to acquire evidence-based information for interacting and engaging their customers or colleagues. This practice explains why many regions across the world are presently recording a common business culture. Finally, the role of education in dictating the nature of this trend is something that scholars cannot underestimate (García-Sánchez, García-Morales, & Martín-Rojas, 2018).

Modern learning systems ensure that students acquire evidence-based cultural knowledge that can make them successful in their future careers. Such institutions equip learners with advanced skills in cross-cultural communication, diversity, and inclusivity. Such attributes explain why many people copy specific attributes, behaviors, and values that have worked effectively elsewhere. Such practices have created a uniform global business culture.

Conclusion

The above discussion has revealed that there are numerous evidences that explain why a common business culture is spreading throughout the world. Some of the described forces include globalization, economic and political systems, advanced computer and communication systems, education, and cross-cultural institutions. Future entrepreneurs should consider these attributes and develop the most appropriate model for leading and making their companies successful.

References

Adamczyk, M. (2017). The importance of cultural differences in international business. Central European Review of Economics and Management, 1(2), 151-170. Web.

García-Sánchez, E., García-Morales, V. J., & Martín-Rojas, R. (2018). Influence of technological assets on organizational performance through absorptive capacity, organizational innovation and internal labour flexibility. Sustainability, 10, 770-794. Web.

Hong, Y., & Cheon, B. K. (2017). How does culture matter in the face of globalization? Perspectives on Psychological Science, 12(5), 810-823. Web.

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IvyPanda. (2021, June 9). The Importance of Cultural Differences in International Business. Retrieved from https://ivypanda.com/essays/the-importance-of-cultural-differences-in-international-business/

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1. IvyPanda. "The Importance of Cultural Differences in International Business." June 9, 2021. https://ivypanda.com/essays/the-importance-of-cultural-differences-in-international-business/.


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IvyPanda. "The Importance of Cultural Differences in International Business." June 9, 2021. https://ivypanda.com/essays/the-importance-of-cultural-differences-in-international-business/.

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IvyPanda. 2021. "The Importance of Cultural Differences in International Business." June 9, 2021. https://ivypanda.com/essays/the-importance-of-cultural-differences-in-international-business/.

References

IvyPanda. (2021) 'The Importance of Cultural Differences in International Business'. 9 June.

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