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Refer to the scenario below to answer the following questions.
Understanding Cultural Differences-GLOBE (Scenario)
John has done well in his company. In only five years, he has risen to the position of divisional manager. However, he knows that in order to rise to the level of senior management, he needs to spend some time managing abroad in his company's foreign subsidiaries. Although he has travelled to foreign countries on business and vacations, he has never lived abroad, and he wonders what cultural differences he would find. He is considering applying for a new foreign-based position, but he first wants to learn about some of the basic differences between managing in Canada and managing in a foreign country. John researched the topic of international management and found many helpful facts about various countries and their people. But perhaps the most interesting model he found was the GLOBE framework for assessing cultural differences. Using data from thousands of managers in 62 countries, the GLOBE research team identified several dimensions on which national cultures differ. As John reviewed the GLOBE rankings, he began to appreciate why managers on foreign assignments need to be incredibly sensitive to cultural differences!
-John learned that the cultural dimension of __________ measures the degree to which a society relies on social norms and procedures to alleviate the unpredictability of future events.
Situation Analysis
An assessment of an organization's internal and external environments to understand its capabilities, customers, and business climate.
Marketing Plans
Strategic documents that outline a company’s strategy for promoting its products or services.
External Forces
Factors outside of an organization's control that can impact its performance and strategy, such as economic conditions, social changes, technological advancements, political/legal shifts, and environmental factors.
Tactical Planning
Short-term planning focused on achieving specific goals within a limited timeframe, often as part of a broader strategic plan.
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