CROSS CULTURAL NEGOTIATION MGT Essay Example | Topics and Well Written Essays - 1750 words

CROSS CULTURAL NEGOTIATION MGT - Essay Example Consideration of cultural values of other nations forms a very strong background upon which the operations of any international business can be based which the Americans did not consider in the first instance. Basically, consumer behaviour in most cases is influenced by various factors such as perception, needs, motives and attitudes and these in most cases are either directly or indirectly influenced by the individual’s cultural background (Kotler, Brown, Adam, Burton and Armstrong 2007). Against this backdrop, the four main differences between the cultures in United States and France will be explored according to the various cultural dimensions propagated by Hofstede in view of Trompenaars’ study which will attempt to highlight the major differences between them for the sake of easier understanding. This analysis will as well attempt to bring to light especially three mistakes that are believed to have been made by Disney Company during its stint while at the helm of Euro Disneyland. The study will finally attempt to analyse the lessons that could have been learnt by Disney Company with regards to the aspect of the need to consider diversity in any such kind of a deal. Culture influences the attitude of the consumers which in turn influence their attitude towards something as aptly highlighted by Hofstede’s cultural dimensions which explicitly illustrate mainly four different dimensions between the cultures of United States and France (Kotler, Brown, Adam, Burton and Armstrong 2007). According to McShane and Travaglione, (2007), the degree to which people accept and believe that there is inequality of the distribution of power in their respective societies is referred to as power distance. Comparatively, the United States’ power distance is 40 points as shown in Table 1, which by any standard is lower at the world level (Thomas, 2003). Given a situation

The offer from Big Ideas Limited for Project Management Limited Statistics

The offer from Big Ideas Limited for Management Limited - Statistics Project Example According to the initial agreement, BIL would pay PML a fixed consultancy fee of UKP10, 000. The level of participants is middle level managers with 2-3 years of work experience. It is assumed that they have basic knowledge concerning project management in general acquired in course of their management education prior to joining their jobs. A suitable medium to high-end star hotel with conference and teleconference facilities will be identified as the venue for the programme. This could preferably be based in London, or the outskirts, depending upon the cost factor. As the participants already have a basic knowledge of the subject matter, and a couple of years of experience, the conference will be held in a more interactive environment. The sessions will include the following: Ideally the participants should belong to one organisation for more effective analysis and project management solutions. However, in case such a large intake from a single client organisation is not feasible, a maximum of 5 organisations from the same or similar business environment (such as IT or ICT) will be preferred. PML will take up a marketing campaign to firm up the participant list well in advance. ... To achieve significant returns to the client, BIL To attain a breakeven performance financially in a worst-case scenario. Programme Contents As the participants already have a basic knowledge of the subject matter, and a couple of years of experience, the conference will be held in a more interactive environment. The sessions will include the following: FORENOON SESSION (0900 - 1315, with Tea break: 1130 - 1145) Inaugural - 30 minutes Presentation: "Effective Project Management - the Key to Organisational Success in the New Millennium" - by expert faculty - 60 min Brainstorming/Experience Sharing Session: Team-based (5 teams of 50 each): "Success Stories and Fiascos in Project Management" - 60 min Analysis and Presentations - by Team Leaders - 60 min Summing up and Lessons Learnt - by Program Anchor (management expert) - 30 min LUNCH: 1315 - 1400 POST-LUNCH SESSION (1400 - 1700) Presentation: "The Power of Technology and Innovation in Successful Project Management" - by expert faculty - 60 min Presentation: Case Study of a successful Project Management - by expert faculty - 60 min Ask the Expert: Teleconferencing with 3 management experts from Oxford, Harvard, and Wharton Business School (participants can query the experts) - 30 min Appraisal and Feedback: 30 min Participant Profile Ideally the participants should belong to one organisation for more effective analysis and project management solutions. However, in case such a large intake from a single client organisation is not feasible, a maximum of 5 organisations from the same or similar business environment (such as IT or ICT) will be preferred. PML will take up a marketing campaign to firm up the participant list well in advance. The campaign will