Wednesday, December 4, 2019
Social Responsibility of International Business â⬠MyAssignmenthelp.com
Question: Discuss about the Social Responsibility of International Business. Answer: Introduction: The e learning activities deals with explanation of several context of globalization and relies on importance of radical openness. Comparison and explanation of culture of Australia wit rest of nations has been discussed in the blogs. Furthermore, the factors that lead to riding wave of culture are also demonstrated along with developing cross cultural web designs. In second blog discussed, the corporate culture and the strategy adopted are discussed. Application of ideas gained by the discussion in the blogs is applied for selected organization that is Volkswagen. Globalization is regarded as the process by which functioning is initiated on global scale by organizations and other particular business leading to development of worldwide influence. Aspects of globalization include three different areas as provided by Friedman and there are many globalizing nations that involve 1400 to 1800. Multinational and corporations are involved in second era of globalization and this range from 1800 to 2000. Further, in their area of globalization, it was mentioned that world was flat that comprise of individual as well as groups that began globalizing after 2000 and they belong to dissimilar nationalities (Collings 2014). Furthermore, it was also mentioned that radical openness provided various significance. Change in climate in this particular segment is particular less than global priorities. Alterations in climate are responsible for influencing million people as per the report. Some of other issues associated with globalizing area are financial steadin ess, inadequate facilities concerning education, conflict, corruption, migration, prevailing trade barriers and malnutrition (Pawlowski and Bick 2015). Another e learning activity discusses about intercultural management that enables people to gain better understating using the Hofstede model that is a scientific and practical based tool for intercultural management. It can be observed that there is a vast difference between business cultures of one nation as compared to other nations. Particularism and universalism are considered as two separate cultural values (Del Giudic and Maggioni 2014). It is disclosed by conducting detailed study on Australian culture that the culture involves many aspect such as respect, religion, association, secular government and freedom of speech. Some other values in culture of Australia also involve treating people with equality and there should be equality in terms of opportunity provided to both men and women regardless of their religion, ethnic background and race. Therefore, it can be said that the multinational companies and cultural diversity are being affected by way of globalization. Furthermo re, this era of globalization helps in getting proper exploitation of workforce, promoting the consumer culture that helps in adding values to society (Botha et al. 2014). Riding cultural waves: Variations in culture can be explained by gaining experiencing and utilizing knowledge about background of culture. Introduction of diversity in the corporations is also reflected by the way several opportunities are seized (Attfield 2015). Managers of multinational companies are provided with assistance using intercultural management that helps them in business issues along with the dilemma in their culture values. The world can be associated with utilizing the overall influence of internet. It is so because the search engines are optimized by using the considerable amount of current trends. The way of processing information is particularly influenced by culture along with addressing the diversity among culture. The overall operational activities of business are influenced by culture and there can be proper generation of the match between corporate strategies and culture with the help of their leaders. Outcomes can be attained within organizations as anticipated by leaders by transforming the culture of corporate (Kolk 2016). In this particular section, the application of culture is done in the selected organization that is Volkswagen. The adoption of corporate culture by Volkswagen helps in generating corporate culture and their used strategies. There are different dimensions that are used by organization and their descriptions are as follows: Emphasizing on detail works- While carrying out daily functions within organization, workers are required to maintain discipline and they are motivated to be concerned about their work. Risk taking and creation of innovation- Management of organization has assumed high level of risks and encourages innovation by recalling more than 10 million vehicles. Aggression- The aim of Volkswagen is to attain high level of competitive advantage and attempts to deliver best product in market in an aggressive way. Team work- There is recognition provided to all workers and they are mainly focused on generating team work. Stability- The capital investment undertaken by organization is at stake and they recalled the investment made in creation of highly designed automobiles. People orientation- The higher level of priority is maintained by management of organization in their staff members. At various states of work, worker working in organization are provided due credit. Result orientation- There is no hesitation of part of management of organization to recall their own launched vehicles and they have the ambition of launching best product in automobile market (Ferreira 2014). Conclusion: Era of globalization and radical openness that helps in providing explanation about the variations is culture in explained in the first blog. Incorporating the study on intercultural management has assisted in comparing the culture of Australian with rest of nations. Wave of culture was understood by explanation of this fundamental step. Explanation concerning corporate culture and their strategies are explained the blogs discussed above. The corporate culture of Volkswagen was easier to explaining by understanding the details of corporate culture and its related strategies across multinational organization. Furthermore, understanding of cultural web and different corporate environment has been understood by in depth explanations of strategies and corporate culture in the era of globalization. Reference: Attfield, R., 2015. Ethics of the global environment. Edinburgh University Press. Botha, A., Kourie, D. and Snyman, R., 2014. Coping with continuous change in the business environment: Knowledge management and knowledge management technology. Elsevier. Collings, D.G., 2014. Integrating global mobility and global talent management: Exploring the challenges and strategic opportunities. Journal of World Business, 49(2), pp.253-261. Del Giudice, M. and Maggioni, V., 2014. Managerial practices and operative directions of knowledge management within inter-firm networks: a global view. Journal of Knowledge Management, 18(5), pp.841-846. Ferreira Rebelo, M., Santos, G. and Silva, R., 2014. A generic model for integration of quality, environment and safety management systems. The TQM Journal, 26(2), pp.143-159 Kinicki, A., Williams, B.K., Scott-Ladd, B. and Perry, M., 2014. Management: A practical introduction. McGraw-Hill Education Australia. Kolk, A., 2016. The social responsibility of international business: From ethics and the environment to CSR and sustainable development. Journal of World Business, 51(1), pp.23-34. Pawlowski, J.M. and Bick, M., 2015. The global knowledge management framework: Towards a theory for knowledge management in globally distributed settings. Lead. Issues Knowl. Manag. Vol. Two, 2, p.134.
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