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  • Essay / Case Study on Cultural Values ​​in China - 2131

    The review was discussed on cultural values ​​and decision making in China. The paper was discussed by 22 senior executives of multinational companies in China related to business in China. They used five different cultural dimensions of the Hofstede and Hofstede and Bond Scheme approaches when discussing and providing information. IntroductionAccording to the article, several journalists stated that cultural values ​​refer to the growth of globalization, cultural sensitivity will face global complexities. involved in conducting business in host countries have grown. Culture is also defined in terms of decision-making and power of people which refer to the political and economic problems of the country. According to the journalist, culture can influence management decisions. Cultural sensitivity can lead managers to understand their ability to those who live in a very different culture when they put themselves in the perspective of another people. International managers can understand the nature, dimension and variables of a specific culture and how these affect work and organizational processes. Furthermore, international managers, through their cultural awareness, are able to develop appropriate policies and can determine how to plan, organize and control in a specific international organization, because they have always neglected cultural awareness in terms of international operations . Objectives of the present study The discussion and information were provided by 22 senior managers, 17 men and 5 women employed in multinational companies in China. This discussion also involved 10 Western, 4 Chinese and 1 Far Eastern multinational companies. This study focuses on the cultural value ...... middle of paper ...... to use. Astrology was used to help them make decisions rather than to fight them. Conclusion In conclusion, based on this study, we can conclude that cultural values ​​influenced decision-making in China. Decision-making was influenced by social obligations and relationships based on harmony, cooperation, loyalty, reciprocity, guanxi, patience, risk avoidance, and each individual's awareness of their position. in society. Knowledge of cultural influences can make managers more effective in dealing with subordinates, colleagues, and negotiating partners in foreign countries. But at the same time, it will help domestic leaders and those of overseas operations anticipate the macro-environmental factors that may influence an international business. The most important thing is politics in China, it is one of the factors that influence the lives of Chinese people..