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Cultural Dimensions Of Country Essay

893 Words4 Pages

1. Studying the cultural differences between countries can help a company be more successful doing business internationally. What are the cultural dimensions that vary by country? What is cultural intelligence?
• Power Distance – the degree of inequality among people which the population of a country considers as normal.
• Individualism – the extent to which people feel they are supposed to take care or to be cared for by themselves, their families or organization they belong to.
• Masculinity – the extent to which a culture is conducive to dominance, assertiveness and acquisition of things versus a culture which is more conductive to people, feelings and the quality of life.
• Uncertainty Avoidance – the degree to which people in the country prefer structured over unstructured …show more content…

Retrieved from http://digitalstrategies.tuck.dartmouth.edu/cds-uploads/publications/pdf/Round_Overview_ManagingOrgImpactpdf.pdf
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1.Discuss the reasons why small businesses are so important to the U.S. economy. Understanding that “Diversity is also desirable for innovation, flexibility, and organizational success,” how does it then play a part in small business success? Please cite your sources.
The reasons small business are so important to the U.S. economy are that they create new employment opportunities. According to SBA, small businesses have been responsible for creating 64% of net new jobs in the country. In addition, small businesses introduced more new product innovation compared to larger companies. Small businesses also promote equal employment opportunities and diversity that allows people with different background and experiences work together to create creativity and innovation.
Reference:
SBA, (2012). Advocacy: the voice of small business in government. Retrieved from

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