Culture’s Impact on Business Functions14

Culture’s Impact on Business Functions14 -...

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Culture and Joint Ventures High aggregate “cultural distance” between countries favors JVs over WOS Knowledge of local networks, consumer preferences, institutional arrangements High “distance” in UA and LTO diminishes JV incidence & shortens JV survival
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Unformatted text preview: Perception & response to opportunities and threats: rules & hierarchy (control & security) versus flexible, ad hoc improvisation & negotiation Sense of urgency & quick results versus long-term investments and relationship building...
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This note was uploaded on 11/08/2011 for the course BUS 302 taught by Professor Pendergast,w during the Winter '08 term at Cal Poly.

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