Exhibit 5.4 shows us the percent of female directors on corporate boards as a percentage of total in various countries in 2010 and 2015. During those five years, every country shown had increased its percentage of women directors. France had the most significant change of just 13% in 2010 to nearly 35% by 2015. I only wonder how much more these figures have changed over the … [Read more...] about Women Directors on Corporate Boards
It was interesting to learn how corruption is different around the world. When it started to talk about how profits can be seen as corrupt in formerly communist countries it really shocked me. The US is always trying to improve and grow profits, so it was very different to learn about that. I remember learning in previous classes how taking a customer out to dinner could be … [Read more...] about Business Ethics
I thought it was very interesting to learn about different communication styles, as high context depends mostly on non-verbal and low-context depends on verbal communication. I can see how the United States relies on verbal communication, just in my own jobs they are always saying if you need anything ask and have a very detailed on-boarding process. Now, in other countries I … [Read more...] about Communication
In this chapter, I enjoyed learning about the way that different cultures prioritize their work and family lives. I realized that this is something managers must really be aware of when working with companies abroad. For example, in many Asian countries they consider Saturday a workday! Meanwhile, the outlook in Ancient Greece views work as a factor to interfere with one's … [Read more...] about Work-Life Balance Around the World
I was unaware of how big an effect culture has on our economy and international markets. Culture makes up a group of people with the same beliefs and ideas. Cultural borrowing is when someone is responsible in learning a new culture in a quest for solutions to a society's problems. Understanding how others deal with issues can help tremendously for data and conflict resolution. … [Read more...] about How we differ through culture