In international business the differences in culture matters. For instances, McDonald has several restaurants around the globe. The restaurant chain, literally can write a book about, how to do business in overseas countries. In the late 90s, McDonald, has decided to open some of their restaurant in India, even though India is a poor country, however, it has a flourishing middle class, of million.
Disneyland is one of the businesses that need to deal with culture changes all the time. However, Disneyland suffers a big loss in Paris while reaches a big success in Tokyo. How could this happen? Disneyland has considered demographics, geographic and customer behaviors into strategy making for Paris, but it. Create an outline of an executive summary that includes the type of problem, requirements, and proposed business problems solutions. State the vision and the goal of the project. Determine five 5 major deliverables of the project, and explain the importance of each one.
Wool mark is an Australian based company and its culture and way of working is very different from Japan. Japanese culture has a high-power distance rate which interprets that Japanese community promotes higher role and superiority. Their opinion on position and ranking hierarchy is common in their culture and many organizations in Japan do not encourage contribution from their employees when it comes to making decisions. In other world Australian people are very low context people who believe in equality, freedom of speech and do not follow the rules of superiority with one another. Japanese people are collectivists and they prefer working in groups whereas Australians are individualists they prefer doing things individually.
Culture refers to the learned norms based on values, attitudes and beliefs of a group of people and cultural difference is the variation of the belief, valued, and behavior. And in doing business this internet technology makes it easier to know other cultures before doing any business. As companies continue to expand their business across border and the global market becomes more accessible.