The view on the statement “a global organization has to have a management that is also global” and whether the Japanese brokerage firm is in accordance with the above statement. Introduction: It is a common scenario that organizations go global within the current business context where technological enhancements have made it much easier than ever before. However, it is questionable if such global companies entertain a management that is also global. The reality is that it is not. In many cases, the majority of the top positions are being held by people of the original nationality of the organization. This is much instrumental in creating a sense of discouragement among employees of other nationalities.

Question

Want to see the full answer?

Answer 1

Question

Chapter 4, Problem 22DQ

Summary Introduction

To explain:

The view on the statement “a global organization has to have a management that is also global” and whether the Japanese brokerage firm is in accordance with the above statement.

Introduction:

It is a common scenario that organizations go global within the current business context where technological enhancements have made it much easier than ever before. However, it is questionable if such global companies entertain a management that is also global. The reality is that it is not. In many cases, the majority of the top positions are being held by people of the original nationality of the organization. This is much instrumental in creating a sense of discouragement among employees of other nationalities.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

Please elaborate as much as you can .Subject Global Strategic ManagementDiscuss any TWO (2) events in this millennium that influence the way people do business globally.

Subject: McDonald's and its expansion to the market in Japan Put yourself in the position of a person who belongs to the affected foreign country (Japan). What is your perspective on the culture shock situation and how could it translate into a lack of ethics? Argue about the importance of considering culture in international business management. Support your answer on the theoretical basis presented by Hofstede and Trompenaars.

What skills or knowledge from business policy and strategy could you learn?