Scribd Logo
Upload

Welcome to Scribd!

    • 295 views

    Culture and Business

    Uploaded by

    haris56
    This document discusses how culture affects business in various ways. It outlines that while the aim of business may be the same everywhere, the way business is conducted varies across cultures. Some important ways culture influences business discussed are: the concept of time and how perceptions of time can vary across polychromic and monochromic cultures; the focus on relationships and importance of face-to-face meetings in some cultures like Pakistan; and how religion, family systems, and managerial skills are all shaped by a culture's values and norms. Being aware of these cultural differences is important for global managers to understand when conducting business in new countries.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd

    Culture and Business

    Uploaded by

    haris56
    295 views12 pages
    This document discusses how culture affects business in various ways. It outlines that while the aim of business may be the same everywhere, the way business is conducted varies across cultures. Some important ways culture influences business discussed are: the concept of time and how perceptions of time can vary across polychromic and monochromic cultures; the focus on relationships and importance of face-to-face meetings in some cultures like Pakistan; and how religion, family systems, and managerial skills are all shaped by a culture's values and norms. Being aware of these cultural differences is important for global managers to understand when conducting business in new countries.

    Original Description:

    culture and business

    Original Title

    Culture and Business Ppt

    Copyright

    © © All Rights Reserved

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document discusses how culture affects business in various ways. It outlines that while the aim of business may be the same everywhere, the way business is conducted varies across cultures. Some important ways culture influences business discussed are: the concept of time and how perceptions of time can vary across polychromic and monochromic cultures; the focus on relationships and importance of face-to-face meetings in some cultures like Pakistan; and how religion, family systems, and managerial skills are all shaped by a culture's values and norms. Being aware of these cultural differences is important for global managers to understand when conducting business in new countries.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    295 views12 pages

    Culture and Business

    Uploaded by

    haris56
    This document discusses how culture affects business in various ways. It outlines that while the aim of business may be the same everywhere, the way business is conducted varies across cultures. Some important ways culture influences business discussed are: the concept of time and how perceptions of time can vary across polychromic and monochromic cultures; the focus on relationships and importance of face-to-face meetings in some cultures like Pakistan; and how religion, family systems, and managerial skills are all shaped by a culture's values and norms. Being aware of these cultural differences is important for global managers to understand when conducting business in new countries.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 12

    SHUJAAT AFZAL

    How Does Culture Affect Business


    Introduction
    Specific learned norms

    Attitudes, values, beliefs, and customs of a
    society

    Cultural influences in business

    Local customs and values

    Foreign Customs
    Cont..
    The aim of business is the same everywhere, but the way
    to do it varies across countries

    Global Managers must be able to handle Culture shock

    Similar business situations in different countries does
    not imply similar opportunities. Alcohol in Muslim world
    etc.

    Culture influences Management skills. So in a new
    country, its Back-to-Basics....learning local culture
    Cultural Awareness
    Cross-cultural differences

    Awareness of all those cultures

    Differences and similarities

    Dynamics, attitude and behavior may change
    Important ways in which culture affect Business
    The Concept of Time
    Focus on relationships
    Importance of contacts and referrals
    Marriage and family systems
    Religion
    Managerial Skills
    The Concept of Time
    Value of time varies across different cultures
    Affect on business
    Two types
    Polychromic
    Relaxed towards time
    Monochromic
    Time as money

    Focus on Relationship
    In Pakistan focus is more on relationship
    Face to face meetings
    Strong expectations
    Building relationships
    Western culture is vice versa they use email, fax and
    telephone etc

    Importance of contacts and referrals
    Contacts are very important here
    To get things done
    Good relationships, contacts and referrals
    Egalitarian Business Culture
    Small differences in status and less emphasis on respecting
    the other person
    Hierarchical business culture
    Great importance given to relationships like in Pakistan

    Marriage and Family System
    Different concepts of family

    It effects their job performance

    In Pakistan concept of attending family functions is
    considered very important

    Religion
    Religion and belief system have strong effects on
    conduct of business

    In Pakistan the concept of HALAL and HARAM is
    present

    Profit should be made through fair means rather
    than fraud deceit and usury
    Managerial Skills
    Culture defines a set of acceptable & unacceptable
    behaviours, which forms the basis of Way of doing
    Business
    Managers learn how to do business. This process is
    called En culturalization and Socialization How
    consumers behave How to manage people, supplier
    & subordinates What guides the consumer
    behaviour
    Acceptable Behaviour in business is usually
    acceptable behaviour in society
    THANK YOU

    You might also like