Transcending cultural frontiers : practices, challenges, and strategy for international business / Norhayati Zakaria, Asmat-Nizam Abdul-Talib, Andrea Amelinckx, editors.
2020
HD2755.5
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Title
Transcending cultural frontiers : practices, challenges, and strategy for international business / Norhayati Zakaria, Asmat-Nizam Abdul-Talib, Andrea Amelinckx, editors.
ISBN
9789811544545 (electronic book)
9811544549 (electronic book)
9789811544538
9811544549 (electronic book)
9789811544538
Published
Singapore : Springer, 2020.
Language
English
Description
1 online resource (181 pages)
Item Number
10.1007/978-981-15-4454-5 doi
10.1007/978-981-15-4
10.1007/978-981-15-4
Call Number
HD2755.5
Dewey Decimal Classification
658.1/8
Summary
This book focuses on the cultural challenges often faced by international managers and global business operations. In the last few decades, the world has witnessed unprecedented economic turmoil, volatility, and uncertainty which has altered the political dynamics and sociocultural landscape around the globe and directly or indirectly affected international business activities. Further, new markets have opened up in every corner of the world. Brazil, Russia, India, and China, collectively known as BRIC, are strong emerging economic powers similar to the once captivated 'Asian Tigers such as Hong Kong, Singapore, South Korea and Taiwan which rose decades ago. The emergence of these markets has heightened both the opportunities and challenges for national and international businesses. Multinational firms are gradually expanding in the emerging markets and are expected to become giants in the foreseeable future. As they expand, they also need to assume increasing social responsibilities in a global context, and it is important that the ways business is conducted are developed accordingly. As such, understanding the practices, challenges, and strategies that companies have developed is critical to global firms success. Against this background, the book highlights the importance of understanding cultural elements when managing multicultural human behaviors in the workplace. Based on conceptual and empirical work, it pushes the frontiers of knowledge of this emerging field in international business setup and management, and explores how globalization is changing the way in which multinational firms formulate their business strategies.
Note
Includes index.
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Transcending Cultural Frontiers : Practices, Challenges, and Strategy for International Business
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