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IBS220 Cross Cultural Management
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IBS220 Cross Cultural Management
0 Download2 Pages / 378 Words
Course Code: IBS220
University: University Of The Sunshine Coast
MyAssignmentHelp.com is not sponsored or endorsed by this college or university
Country: Australia
Question
What does the term Business culture mean and how does this apply to Australia and East Asia?
Answer:
Introduction
The aim of this paper is to explain the term ‘business culture’ and discuss it in the context of Australian and East Asian culture.
Business culture refers to the culture followed in different organizations across the globe. Business culture is also referred to as corporate culture and is related to the ethics, etiquettes and behaviors. It encompasses the values, mission, vision and beliefs amongst other things of the organization. A good business culture would mean that the organization strictly adheres to the principles while hiring or terminating employees. A strong and good business culture also ensures lower turnover and higher profit for the organization as it allows the employees to work in a free environment.
The business culture in Australia encourages punctuality, self-reliance and fast actions. Organizations in Australia promote a culture where employees are expected to come to office on time or even early so that they could finish work by afternoon or evening and return home to spend time with their families (Chang, 2018). Further, since Australia boasts of multiple cultures, the organizations support cultural diversity and give equal opportunities to all based on their capabilities. In addition to that, business culture in Australia encourages initiatives taken by the employees rather than depending entirely on the leaders. Leaders are only there to supervise and manage any process.
In contrast to this, East Asian organizations uphold a very different business culture. In countries like China, South Korea and Japan, the business culture promotes obedience to the leaders. Hence, they do not take initiatives (The Conversation.com, 2018). Further, employees in East Asian organizations do not interrupt their colleagues or seniors while they are speaking and allow them time to think and convey their thoughts. Although the business culture in the East Asian organizations also appreciates punctuality, it is mostly for the ideology they follow and not largely for spending time with family. They value punctuality, as it is a mark of respect.
References:
Chang, O. (2018). The biggest cultural differences between companies in Australia and Asia, according to an Asia Pacific executive. Retrieved from https://www.businessinsider.com.au/this-intuit-exec-shares-the-5-biggest-cultural-differences-when-doing-business-in-australia-and-asia-2016-4#b1PKZxi7MKV5lbPZ.99.
The Conversation.com. (2018). Four cultural clashes that are holding East Asian employees back. Retrieved from https://theconversation.com/four-cultural-clashes-that-are-holding-east-asian-employees-back-72661
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