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One's culture plays a big roll in a company's business strategy.
A great example is McDonald's. The company prides itself on its beef products, which are its hamburgers. McDonald's has recently opened in India, a country where beef is not allowed to be consumed based on its culture. This ...
The solution discusses if one's culture follows a business strategy or vice versa? Why would a company's strategy follow the culture that they are being hosted in?
International Business Strategies and Corporate Culture
In your own words based on experience and understanding, please respond to the following:
A) What are four basic philosophies that drive strategic management in most multi-national corporations (MNCs)?
B) What are three basic differences between a domestic strategy and a global strategy?
C) Why is a global matrix design almost always transitional in nature?
D) What is corporate culture? Why is it paramount in international control systems?View Full Posting Details