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Purpose: The international business is affected by significant cultural factors that may impediment the operation and the ultimate performance of a business organization. The current study aims to investigate prior literatures works to find cross-cultural discrepancies such as the cultural distance that impacts international companies' operations and management and develop appropriate strategies for realizing high performance while overcoming these challenges. Research design, data and methodology: To find the required sources, the study employed the use of secondary data. Different search strategies were used to find the necessary materials from various sources. The data composed of an extensive review from multiple peer-reviewed journals and other existing research. Results: Based on literature analysis, the current study suggests novel seven strategies for multinational organizations. As a result, this study provides various pieces of literature to deduce meaningful information on the appropriate business strategies that a company can use to bridge the gap of the limitations of cross-cultural impacts on international businesses. Conclusion: An organization moving into a new cultural environment faces challenges including tastes and preferences, norms, language barriers, and beliefs. Organizations, therefore, have to devise the best strategies to align themselves with the prevailing cultural conditions to reap the benefits of internationalization.
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참고문헌 (45)
참고문헌 신청
Adekola, A. / 2016 / Global business management: A cross-cultural perspective / Routledge
Ardalan, K. / 2009 / Globalization and culture : four paradigmatic views / International Journal of Social Economics 36(5):513~534
Assarroudi, A. / 2018 / Directed qualitative content analysis : the description and elaboration of its underpinning methods and data analysis process / Journal of Research in Nursing 23(1):42~55
Booker, J. M / 2011 / A descriptive analysis of high school student motivators for success
Dai, N. / 2016 / Cultural differences and cross-border venture capital syndication / Journal of International Business Studies 47(2):140~169
Ardalan, K. / 2009 / Globalization and culture : four paradigmatic views / International Journal of Social Economics 36(5):513~534
Assarroudi, A. / 2018 / Directed qualitative content analysis : the description and elaboration of its underpinning methods and data analysis process / Journal of Research in Nursing 23(1):42~55
Booker, J. M / 2011 / A descriptive analysis of high school student motivators for success
Dai, N. / 2016 / Cultural differences and cross-border venture capital syndication / Journal of International Business Studies 47(2):140~169
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