quora
Nobody downloaded yet

How do religion, culture and ethnicity affect the success or failure of a global enterprise and what factors could impact upon the decision making of the global entrepreneur - Essay Example

Comments (0) Cite this document
Summary
This incorporates social, economic and political factors that determine and shape the business environment within which the business…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96% of users find it useful
How do religion, culture and ethnicity affect the success or failure of a global enterprise and what factors could impact upon the decision making of the global entrepreneur
Read TextPreview

Extract of sample
"How do religion, culture and ethnicity affect the success or failure of a global enterprise and what factors could impact upon the decision making of the global entrepreneur"

Download file to see previous pages These factors can lead to either the success or failure of the business. Consequently, a proper analysis of these factors and their impact on the day-to-day operations of the business is very fundamental in making the right decision as to invest or not to invest in a given venture overseas.
A global business battles with a number of issues that end up affecting their efficiency in operations, as well as, the team spirit and motivation of its workers. As such, before setting up a business in a foreign market, a manager has to consider some of the aspects of business operations that may affect the efficiency of the business operations, the relationships within the organizational structure, and the team or group working. Proper management of the aspects that affect or influence these conditions would lead to the effective performance of the business, hence assured profitability and wealth maximization. The biggest headache of business managers setting up subsidiaries of their multinational corporations on foreign lands is how to deal best with issues relating to diversity and equality within their host country (Otter & Wetherly 2014:318).
A foreign investment company meets various cases of diversity and equality in every new country that they set up shop, which also makes it imperative for the business manager to have proper knowledge of such requirements. The aspect of diversity in Human Resource Management (HRM) recognizes that people have a number of things that are common to each other. However, this does not mean that they are the same. Each person is different in his or her own unique way, and as such, these differences should not be the basis for their discrimination. Every member of the organization has the right to equal access to employment opportunities. This further goes to stipulate that when such an individual lands a job ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“How do religion, culture and ethnicity affect the success or failure Essay”, n.d.)
Retrieved from https://studentshare.org/human-resources/1632424-how-do-religion-culture-and-ethnicity-affect-the-success-or-failure-of-a-global-enterprise-and-what-factors-could-impact-upon-the-decision-making-of-the-global-entrepreneur
(How Do Religion, Culture and Ethnicity Affect the Success or Failure Essay)
https://studentshare.org/human-resources/1632424-how-do-religion-culture-and-ethnicity-affect-the-success-or-failure-of-a-global-enterprise-and-what-factors-could-impact-upon-the-decision-making-of-the-global-entrepreneur.
“How Do Religion, Culture and Ethnicity Affect the Success or Failure Essay”, n.d. https://studentshare.org/human-resources/1632424-how-do-religion-culture-and-ethnicity-affect-the-success-or-failure-of-a-global-enterprise-and-what-factors-could-impact-upon-the-decision-making-of-the-global-entrepreneur.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Factors Contributing to Intelligence Success or Failure
But what are the factors contributing to success or failures? This paper aims to discuss the factors associated to successful or failure of intelligence operations but specifically focused on Iran’s denuclearization issue (Cordesman & Seith, 2009; Khan, 2010).
5 Pages(1250 words)Essay
Global Enterprise and Innovation
1.0. Introduction The legal and political systems have a great impact on the business activities of the economy. It is due to the fact that business firms should adhere to the legal formalities and the political interventions of an economy. On the similar context, globalisation also has an immense influence on the legal and political environment of the economy.
11 Pages(2750 words)Essay
Global enterprise and innovation
When western and cultural interests dominate over the rest of the world, it is viewed as globalization (Brinkman & Brinkman, 2002). It indicates that capitalism has penetrated into every corner of the world. This in turn enables people to participate and reap benefits from the division of labor and market economy.
11 Pages(2750 words)Essay
Global Success of Gores Culture

The author claims that the culture has ensured employee satisfaction that reflects increased profits; hence, top ranking the firm in the U.S. Empowering is also an attitude at Gore that motivates associates to deliver quality products. The approach ensures efficiency and uniqueness in its products; hence, acting as a competitive strategy.

1 Pages(250 words)Case Study
Impact of Religion on Global Economy
The work is an attempt to respond to the question about the mutual influence of religion and economic systems.The author analyzes what various theories and the researchers have to say about the issue. The other part of the work is focused on some examples that demonstrate and illustrate what is revealed by the researchers and their theories.
12 Pages(3000 words)Essay
Global Culture
People living there strictly followed the set custom, social system and the social ethos. With the rapid industrialization everywhere in the world that led to massive export and import of goods and flow of manpower, technology and knowledge to other countries on large scale the village culture broke to give way to cross cultural society and global village.
6 Pages(1500 words)Essay
Global enterprise
Daimler Chrysler was interested in Mitsubishi in the year 2000, as a part of its global strategy for conquering East Asia. But at the same time there was an impression that the senior management of Chrysler didn't have the direct line and has lost the connection with the reality.
6 Pages(1500 words)Essay
Calculating Our Impact on the Global Culture
(Machingambi, N., 2010) The biggest contributing factor for my total carbon emission is car usage. I am currently using a 2006 Suzuki Grand Vitara with manual transmission. In
2 Pages(500 words)Essay
Global Culture
This essentially means that due to race, there are expectations that define our existence in the world, and as such, this extends to the expectations that we
12 Pages(3000 words)Essay
Global Enterprise and Innovation
Scholars of international business emphasise the need to study more the impacts of globalisation on businesses. Hence, this essay will try to examine the influences of globalisation on business performance, specifically in China. In this essay, globalisation is defined as “the process of increasing social and cultural interconnectedness, political interdependence, and economic, financial and market integrations” (Geenhuizen, Nuttall, Gibson & Oftendal 2010, 288).
12 Pages(3000 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Essay on topic How do religion, culture and ethnicity affect the success or failure of a global enterprise and what factors could impact upon the decision making of the global entrepreneur for FREE!
logo footer
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us