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Cultural Differences In Joint Ventures

Submitted by melniros on May 23, 2005

Category: Book Reports
Words: 3269 | Pages: 14
Views: 576
Popularity Rank: 13,620
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ESSAY TOPIC (1) :A joint venture is affected by the cultural distance between two partners. In what ways are joint ventures and types of international collaboration affected by cultural differences?



INDEX

INTRODUCTION…………………………………………………………………2

What is culture?…………………………………………………………………2-3

The Cultural Orientation Model……………………………………………….4

The cultural Gap…………………………………………………………………5-6

Understanding Cultural Differences………………………………………….6

The Challenge of Cultural Success…………………………………………..7

Cross-cultural training as a solution…………………………………………8

The effectiveness of the cross cultural training programs………………8-9

Future Directions for Cross-Cultural Training and International Business
Assignments……………………………………………………………………..10.


Conclusion………………………………………………………………………..10

BIBLIOGRAPHY…………………………………………………………………..11


INTRODUCTION

Since the end of World War II, international operations have become a reality for an increasing number of corporations. Many of these initial efforts began as simple export schemes to sell goods overseas to supplement domestic sales. Over time, however, international operations have become increasingly more complex: from joint-ventures to purchasing existing foreign firms to ‘green-field’ start-ups. While export operations usually require no more than extended business trips overseas, more complex international operations demand long-term assignments of key personnel outside their home-country. What would normally be considered routine business transactions in the home country can become very complicated when they are conducted between individuals and organizations from different cultures. In this essay we will examine how this cultural gap can affect international business and joint ventures.

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