Management Style and Adaptation in International Marketing

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Questions and Answers

What is the key concept in international marketing according to the text?

Adaptation

Which of the following is NOT a category in Business Custom Grouping as per the text?

Collectives

What is a typical decision-making pattern at the top level management?

Decentralized decisions

What poses a significant challenge in cross-cultural negotiations as mentioned in the text?

<p>Bias against female managers</p> Signup and view all the answers

In management style, what viewpoint does American culture hold according to the text?

<p>Master of destiny viewpoint</p> Signup and view all the answers

Which aspect is NOT listed as one of the Management Objectives and Aspirations in the text?

<p>Spiritual enlightenment</p> Signup and view all the answers

What is the purpose of the Foreign Corrupt Practices Act?

<p>To prohibit American firms from bribing officials of foreign governments</p> Signup and view all the answers

Which term refers to small sums of money not prohibited by law for certain purposes?

<p>Lubrication</p> Signup and view all the answers

What ethical principle focuses on whether an action optimizes the 'common good' or benefits of all constituencies?

<p>Utilitarian</p> Signup and view all the answers

Which type of payment involves large sums given for an illegal act?

<p>Subornation</p> Signup and view all the answers

What does the Foreign Corrupt Practices Act prohibit American firms from doing?

<p>Bribing officials of foreign governments</p> Signup and view all the answers

Which type of charitable activity aims to bring benefits back to the organization itself?

<p>Strategic philanthropy</p> Signup and view all the answers

Study Notes

Management Style

  • Management style is influenced by business culture, values, methods, and behavior in a country, requiring adaptation to accommodate differences.
  • Adaptation is a key concept in international marketing and involves a willingness to adapt.

Business Custom Grouping Imperatives

  • Imperatives: business customs and expectations that must be met and conformed to or avoided.
  • Electives: behavior or customs that cultural aliens may wish to conform to or participate in, but not required.
  • Exclusives: customs or behaviors that foreigners are barred from and must not participate in.

Impacts of American Culture on Management Style

  • American culture views managers as "masters of destiny".
  • Independent enterprise is seen as an instrument of social action.
  • Personnel selection and reward are based on merit.
  • Decisions are based on objective analysis.
  • There is a never-ending quest for improvement.
  • Competition produces efficiency.
  • Decision-making is characterized by wide sharing.

Typical Decision-Making Patterns

  • Top-level management decisions are common.
  • Decentralized decisions are also typical.
  • Committee or group decisions are used.

Gender Bias

  • Bias against female managers poses significant challenges in cross-cultural negotiations.

Management Objectives and Aspirations

  • Personal security and job mobility are important.
  • Personal life and affiliation are valued.
  • Social acceptance and power are sought.
  • Achievement is a key objective.

Communication

  • Face-to-face communication is preferred over internet communication.
  • Management style mistakes include formality, tempo, and high or low context.

Business Ethics

  • Corruption is viewed differently around the world.
  • The Foreign Corrupt Practices Act prohibits American firms from bribing foreign government officials.
  • Bribery is a legal issue with cultural context.
  • Extortion, lubrication, and subornation are distinct forms of corruption.
  • Ethical decisions involve employment practices, consumer protection, environmental protection, political payments, and basic human rights.

Ethical Principles

  • Utilitarianism: actions that optimize the "common good" or benefits of all constituencies.
  • Rights of the Parties: actions that respect the rights of individuals involved.
  • Justice or Fairness: actions that respect justice or fairness to all parties involved.

Strategic Philanthropy

  • A charitable activity that supports a business strategy and brings benefits back to the organization.
  • Providing expertise or products to sponsorship projects.
  • Targeted at local communities or specific segments of the population.
  • Impacts managers' thinking about business strategy.

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