Fundamentals of Management (10th Edition)
Fundamentals of Management (10th Edition)
10th Edition
ISBN: 9780134237473
Author: Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher: PEARSON
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Chapter 3, Problem 18DQ
Summary Introduction

To determine:

Is Nomura following the statement "When your business is global. Management needs to be global"?

Introduction:

Nomura Holdings Inc is a Japanese brokerage firm which had acquired the American firm Lehman after the company had sought for bankruptcy protection under Chapter 11. This resulted in an addition of about 8,000 workers who were not Japanese. This acquisition of the American firm Lehman by the Japanese firm Nomura, made the executives of Nomura realize that going global was definitely not an easy task as they had to deal with several challenges related to the cultural differences that exist within the American and Japanese cultures.

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