Managerial approaches on regional and organizational level
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Luthans and Doh (2012) discuss managerial approaches on a regional level and an organizational level. Why is it important for international managers to consider the impact of their decisions on regional cultures and organizational cultures?
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Discusses the importance for international managers to consider the impact of their decisions on regional cultures and organizational cultures.
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It is extremely important for international managers to consider the impact of their decisions on regional and local cultures of different countries because the culture of each country or region is unique and thus, a global or worldwide approach of doing business is not effective today. Each society, country or market has its own distinct organizational arrangement and companies need to make drastic change to their strategy in order to suit the cultural preferences of different markets.
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- BCom, SGTB Khalsa College, University of Delhi
- MBA, Rochester Institute of Technology
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