3.0 PORTER’S FIVE FORCES ANALYSIS 3.1 Rivalry among existing competitors: Padini is currently facing the highest level of rivalry from its competitor due to a large number of competitors operating in the same industry as the company. Nowadays‚ more of the company has expanded its scale in order to rivalry fit. Many companies now are more advanced in terms of scale‚ they will have to compete for the similar products and services such as brand image‚ customers’ loyalty‚ and other factor. This would
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Observation on Jelo’s Place Jelo’s place is located at P. Inocentes St. Naval‚ Biliran. It has a welcoming ambiance that would surely attract potential and existing customers. Jelo’s Place is the right atmosphere to socialize with your peers‚ eating a delicious meal or a simple snack time for your own enjoyment. Either way‚ Jelo’s Place is the best place to spend your leisure time. Our group went to Jelo’s Place to conduct an observation regarding their services. We even made our orders there
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Hall theory Book notes He came to the field of cross-cultural analysis from the discipline of anthropology. He argued that all peoples interpret and create messages in reference to shared values. This information includes values in the culture‚ which link members of the culture group and influence how they refer to their contexts when maintaining relationships. Members` experiences of context will influence how they communicate. And different culture groups respond to their contexts differently
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1. Describe the five cross cultural values highlighted in the chapter. Using these dimensions of values‚ describe Malaysia. Values differ across cultures. Therefore‚ we need to understand these differences in order to explain and predict employees behavior from different countries. Some cultures value group decision‚ whereas others think that the leader should take charge. For an example‚ meetings in Germany usually start on time‚ whereas they might be half an hour late in Brazil or Malaysia
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Brazil is similar to many Latin American countries when analyzing Hofstede ’s Dimensions. Brazil ’s highest Hofstede Dimension is Uncertainty Avoidance (UAI) is 76‚ indicating the society’s low level of tolerance for uncertainty. In an effort to minimize or reduce this level of uncertainty‚ strict rules‚ laws‚ policies‚ and regulations are adopted and implemented. The ultimate goal of this population is to control everything in order to eliminate or avoid the unexpected. As a result of this high
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The Big Five are five broad dimensions of personality traits: Extraversion Traits like talkative and assertive. Agreeableness Traits like sympathetic and affectionate. Conscientiousness Traits like organized‚ thorough‚ and playful. Emotional Stability (Neuroticism) Traits like tense and anxious. Openness to Experience (Intellect/Imagination) Traits like having wide interests and being imaginative I will rate myself high extraversion and openness to experience‚ medium agreeableness and emotional
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as continuous dimensions. Trait theories assume that people vary concurrently on a number of personality factors. These traits are of both the conjunctive and disjunctive form. To understand a trait‚ it is necessary to understand what a particular trait is and what type of behavior is proof of that trait. As it became evident to many psychologists that‚ mathematically‚ combinations of five factors were useful in describing personality‚ there was a need to clearly define what these factors were
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1. The summary of Geert Hofstede The text refers to the study of culture in the environment of organization. Especially how culturally different participant can make an constructive and efficient intercultural dialogue. At the beginning of the publication Geert Hofstede points attention to the example which shows how different cultural background influences our way of thinking and acting. Moreover‚ autor deals with the notion of culture and its connection to the mental programming. He describes
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Mismanaging cultural differences can render otherwise successful managers and organisations ineffective when working across cultures. As stated byOsland (1990‚ p. 4) ``The single greatest barrier to business success is the one erected by culture’’. Hofstede (1983) defines culture as "the mental programming of the mind which distinguishes the members of one human group from another" (Hofstede 1983 p. 25). Through the comparison of Chinese culture and Australian culture using Hofstedes five cross-cultural
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When international businesses ’ operate in other cultures‚ what advantages do they enjoy when they learn to adequately communicate? NOTE - Please do not forget to utilize/apply Hofstede ’s framework if necessary Culture is defined as the set of values‚ beliefs‚ rules‚ and institutions held by a specific group of people. It can also be defined‚ according to anthropologist Edward Taylor in 1870s as “that complex whole which includes knowledge‚ belief‚ art‚ morals‚ customs and other capabilities
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