Preview

Global Cultural Business Analysis- Colombia

Powerful Essays
Open Document
Open Document
4813 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Global Cultural Business Analysis- Colombia
GLOBAL BUSINESS CULTRUAL ANALYSIS - COLUMBIA
Morgan Williamson BUSI604_B16 – INTERNATIONAL BUSINESS
Dr. Preacher

Abstract This paper allows the opportunity to take an in depth look into the culture of the country of Columbia and how the culture affects business within the country and how it ultimately compares and contrasts with The United States. The research is broken down into four areas: The major elements and dimensions of culture in Columbia; how these elements and dimensions are integrated by locals conducting business in Columbia; a comparison of culture and business of Columbia and The United States; and finally implications for US businesses that wish to conduct business in Columbia. It is the author’s desire that this paper will provide the information to be beneficial to a businessperson about to work in Columbia.

Introduction Culture is defined as the "set of shared attitudes, values, goals, and practices that characterize a society, or in the business sense, an organization” (Saterlee, 2009). Knowing these dimensions of a foreign country beforehand determines how successful someone working in a multinational company could be. A business manager must learn and adapt to their environment. Knowing and understanding the people and what makes them tick should be the top priority of a business manager working over, or alongside, foreign co-workers. Working in different countries requires building a specialized set of skills that can be achieved by simply researching the country’s climate, culture, etc. and it’s these skills that can make or break deals (Gabrial, 2012).

The major elements and dimensions of culture in Columbia
Background and History Columbia is a country rich in culture and history. Artifacts place the earliest Indian tribes in present day Columbia as far back as 1200 B.C. The Spanish conquistadors discovered and settled in the coastal areas in 1500. The Spanish settlers were responsible for establishing the Roman



References: Angel-Urdinola, Diego F. F. and Wodon, Quentin T., The Gender Wage Gap and Poverty in Colombia (August 2003). Archivos de Economia Working Paper No. 239. Available at SSRN: http://ssrn.com/abstract=581581or http://dx.doi.org/10.2139/ssrn.581581 Bello, J., Brandau-Brown, F., Ragsdale, D., & Thibodeaux, T. (2006). “Cultural perceptions of equivocation and directness II: A replication and extension of the dimensional Gabrial, R. (2012). “Cultural differences”. ASHRAE Journal, 54(1), pp. 70-. Retrieved from Kalmanovitz, S. (2000). “Colombian Institutions in the twentieth century”. International Journal of Politics, Culture, and Society; 14(1) Satterlee, Brian. (2009). Cross Border Commerce. Roanoke, VA: Synergistics.

You May Also Find These Documents Helpful

  • Good Essays

    Cultural awareness is very important due to very sensitive traditions. For example in China the numbers (444) is considered numbers that means bad luck and often time associated with death. So when calling abroad avoided using a call back number with several fours in it. Another great example is the number eight in China is signified as wealth and good luck which means a better chance of getting a better response from potential clients. The ability to be able to do business and socialize in a corporate manner is very important in different cultural environment. Dan Harris gave me a great example of how one of his colleagues won a million dollar account. His partner took a potential client to dinner and wine and dine them literally just showing appreciation for the time that they were given. His colleagues spent close to $30,000.00 making a good impression on their potential client. And at the end of the dinner the client asked his partner to meet with him the next morning and he signed the contract. Whereas their competitor made several attempts previously before his arrival with aggressive business tactics and never got the signed contract. Aggressive business tactics is often time illustrated in corporate America today and is not practice abroad. Learning traditions of business is very important and vital for growth…

    • 572 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    4. Research Question 3: Comparison of major cultural elements and business integration to US business…

    • 684 Words
    • 3 Pages
    Powerful Essays
  • Powerful Essays

    All the above social attitudes and a lot more, are part of culture and appear to be very important in a world-wide business network. Companies can benefit in a great extend from understanding the nature and dimensions of a specific culture and how these affect the daily work and organizational processes. Culture awareness enables the development of advanced company policies and practices, in order to deal effectively and efficiently in an abroad business environment. In many cases the lack of cultural awareness has cost businesses great money and expanding opportunities. The exact knowledge, of how the principles of intercultural communication impact on business, has the potentiality to give an incontrovertible advantage in companies in future.…

    • 1428 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Adapting to different cultures has been increasingly becoming the most critical challenge for today‘s multinational and transnational companies. This is due to the…

    • 2728 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    The purpose of this paper is to focus on the analysis of the cultural factors of the economics of Colombia as it relates to doing business there, the business etiquette in Colombia; including their customs and manners, and the impact those factors have on the industry of Colombian rose exportation.…

    • 2675 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    This research paper looks into the cultural of the Japanese. The dimensions of culture to go over Japan’s history, religion, communication, and so forth, alongside Hofstede’s Dimension of Culture to determine the Japanese culture to that of the American culture. Also, this paper touches on the how business practices are conducted here in the United States and Japan. There were four questions that made up this research paper that helped to define culture, and how it impacts each country and there business practices. Those questions were: what are the major elements and dimensions of…

    • 6620 Words
    • 27 Pages
    Powerful Essays
  • Better Essays

    Because of globalization, businesses are open to do business in new markets and improving profits. Also because of globalization, companies are faced with different cultures, religion and norms. For a company to do business in another country, a manager needs to understand the differences associated with the host country. "Globalization is defined as this interdependency of transportation, distribution, communication, and economic networks across international borders" (Gibson, Ivancevich, Donnelly, & Konopaske, 2012, p 57). Each firm has their own organizational culture. According to Hellriegel, Slocum and Woodman (2001), organizational culture represents a complex pattern of beliefs, expectations, values and behaviors shared by organizational members. The knowledge of the culture in which an employee is working is crucial. "In a dynamic and fast changing environment the inter and intra organizational behavior changes the productivity and growth trends" (Chaturvedi, 2002).…

    • 1024 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Managers, who readily accept that the cuisine, the literature, the music and the art of other countries run parallel to one another, must also learn to accept the art of management differs in other countries. The objective of this paper, principally, is to explain that culture is a powerful factor to be taken into account. Through culture companies can get comparative advantages and disadvantages if they do not want to see or anticipate the impact of culture in the organization. The following pages show how culture play an important role in the effectiveness of nations, companies, functions, and managers faced with…

    • 850 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Every nation has different cultures and systems for conducting business. In order for globalization to be successful all cultures have to be incorporated and combined into the business world. There are particular dimensions of culture that can impact globalized business between nations. The main dimensions of culture that can impact globalized business are languages, communication, values, dress code, etiquette, time, education, and politics. Italy is a nation that is centered on family relationships, trust, and socialization. Locals in Italy integrate these elements and dimensions into conducting business. The culture and business in the United States compares to and different from the elements and dimension, along with the integration by locals in Italy. Then the paper will discuss implications for United States businesses that wish to conduct business in this…

    • 4614 Words
    • 19 Pages
    Powerful Essays
  • Satisfactory Essays

    The globalisation phenomena has led to more interconnectedness and rapid connection between of internationally based companies and employees from all levels of multinational companies. Where once an employee might have been expected to primarily collaborate with colleagues from his own country, today many people are part of a global network connected with people around the world. Yet, most managers have little understanding of how local culture impacts global interaction. Even those who are culturally informed, travel extensively, and have lived abroad often have few strategies for dealing with the cross-cultural complexity that affects their team’s day-to-day effectiveness.…

    • 473 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Culture is basically the behavior and beliefs of a particular ethnic or social group. It is a way of working, thinking or behaving in a place or organization. While doing business in global market it is very important to learn about the culture to decrease the complexities and challenges. In other words we can say that cultural understanding is synonym for a successful business.…

    • 3721 Words
    • 16 Pages
    Powerful Essays
  • Powerful Essays

    2. To be able to distinguish the major dimensions that define cultural differences among societies or groups.…

    • 10461 Words
    • 31 Pages
    Powerful Essays
  • Powerful Essays

    Cultural Difference

    • 11638 Words
    • 47 Pages

    Socio-cultural values are a major aspect of firm’s environment (Begley and Tan, 2001). Societies have collective cognitive styles, which affect perception, behavior, thinking patterns and business practices which characterize their national cultures. National culture, that has become an important concept, in international business literature Roath et al., (2002) refers to deeply set of values, that are common to the members of a nation and constitutes a system of shared norms, values and priorities, a code of…

    • 11638 Words
    • 47 Pages
    Powerful Essays
  • Powerful Essays

    Ferraro, G. P., & Briody, E. K. (2013). The cultural dimension of global business (7th ed.). Boston: Pearson.…

    • 2121 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Bee Cheng Hiang

    • 387 Words
    • 2 Pages

    Culture refers to the values and expectations of a group of people.* It is important for managers to ascertain the culture of the host country and adapt the organization. One way to manage the organisation in one country may not be appropriate in another. When managing the operations in a particular subsidiary an approach needs to be developed in line with cultural values to ensure greater cooperation and participation of employees as well as ease of dealings with local firms and national institutions.…

    • 387 Words
    • 2 Pages
    Satisfactory Essays

Related Topics