is rapidly changing business environment. Globalization influences all aspects of business and life in general. Culture has a significant impact on the management of cross-cultural organisations. International business operates in every kind of industry all over the world. In many of these companies, top management can be foreign and employees are local or made up of diverse team members. A diverse workforce requires adapting to intercultural differences in which cultural sensitivity is needed to create effective teams. Successful managers and leaders should know what makes culturally diverse teams accomplish organizational goals. They should understand b

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Leading and Working with Culturally Diverse Teams in Cross-National Organization Uncertainty in the global environment has impacted the economic prosperity of multi-national corporations (MNCs). Shortages of various types have created competition and the requirement to work even harder to enhance core competences and develop competitive advantage to survive and thrive. MNCs need effective teams throughout their operations to be successful in this rapidly changing business environment. Globalization influences all aspects of business and life in general. Culture has a significant impact on the management of cross-cultural organisations. International business operates in every kind of industry all over the world. In many of these companies, top management can be foreign and employees are local or made up of diverse team members. A diverse workforce requires adapting to intercultural differences in which cultural sensitivity is needed to create effective teams. Successful managers and leaders should know what makes culturally diverse teams accomplish organizational goals. They should understand behaviours that affect the cross-national organization and organizational performance.

What is the importance of leadership in cross-national management organizations?

Discuss three theories that are important in leading cross-cultural organizations.

Explain the elements of culture that impact cross-national organizations.

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