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Write 3 page essay on the topic Global Business Today The Hofstede Study.Initially, the company plans to open a sales office to relocate key members of their management team to the country as well as
Write 3 page essay on the topic Global Business Today The Hofstede Study.
Initially, the company plans to open a sales office to relocate key members of their management team to the country as well as hiring executive who are natives of the country. The plans might include developing production facilities in these same countries over the next decade.
Uncertainty Avoidance Index (UAI) This dimension implies the level of a society’s broadmindedness for uncertainty. It tells to what point a culture programs its members to feel at ease in unexpected situations.
The power distance is quite low in Denmark the Danes incredibly democratic approach the Danes deem independency, equal rights and that management facilitates. Power is equally distributed to the lowest levels of any organization. managers’ count on the experience of their workers. Institutions has incredible informal business atmosphere with direct and involving communication. Employees of any organization expect to be consulted in the decision making process. This facilitate smooth establishment of the Azure Sky Tea offices.
Denmark has a high preference for a loosely-knit the level of interdependence of the society to its members. The social framework where persons are anticipated to take care of themselves and their direct families, it is relatively easy to start doing business with the Danes. Danes is more individualist than a collective society (Rothwell 2010). This is similar to the US and facilitates business growth due to personal efforts attributed to the business. Azure Sky Tea therefore, will smoothly fit in the business environment.
Denmark is considered a feminine society, an efficient administrator is accommodating to the personnel, and decision making is attained in association of key members. Danes strive for consensus and people value equality, solidarity and quality in their working lives, conflicts are resolved
