Does culture play a significant role in Business Essay

Does culture play a significant role in Business - Essay Example He defines culture as the patterns of feeling, thinking as well as the acting programs of the human brain. Though definitions may be numerous, they get united at a certain point where they imply beliefs, patterns and human behaviors which are made and then transmitted. (Barger, 2007) This study is therefore, set out to discuss culture and more particularly in the context of business. To this, a vivid answer will be given in the pursuit of answering the thesis question, â€Å"Does culture play a significant role in business?† Culture is vital to economies, organizations and societies alike. This is since it ensures a competitive edge to all these stakeholders. Thus, no single business organization can sideline the significance of culture especially where the aspects in context make the management successful. The understanding of the role of culture has especially been of high importance where the given business desires to carry out international operations. Though, culture was a non-issue in business in the past, it has become a core factor in business focus. A major challenge befalls the management while building the synergy of both the cultural differences setting people apart and at the same time anchoring their competitive edge. To enhance change, it calls for the functioning of small work groups of persons with an influence, vision as well as determination. As a team, the individuals help in implementing and furthering the cultural competence in the workforce of a business in entirety. There are essential cultural variables, though. Firstly, there is self-awareness. There is need to concentrate upon the development of knowledge and self-awareness of a people’s preferences of culture. Here there is the importance of understanding one’s cultural attitudes, values and beliefs, how these aspects reflect in one’s behavior, how they impact on the

Any proposed area of commercial law Coursework Example | Topics and Well Written Essays - 2000 words - 1

Any proposed area of commercial law - Coursework Example A perspective shared among the technology providers and the companies collecting and mining data is that ethical, privacy-respecting practices simply make good business sense. Are there guidelines in developing privacy policies to help organizations in establishing ethical responsibilities of the organization and the data professionals? How does an organization develop a data privacy policy that provides the environment for trust on the part of the consumers? A major focus needs to be the incorporation of fair information practice principles of notice, choice, access, and security. Management and information technology professionals need to develop an understanding of how to manage data ethically and communicate the policy effectively to the consumers (Samuelson, 1999). More information and experience is needed by students and professionals in management and information technology in the development of a data privacy policy. This research project serves to provide the needed informat ion and experience for both students and professionals. Current technology makes the threats to privacy less tangible and less visible. It is difficult to know when and for what purposes individuals are being watched or information is being gathered and used for purposes that are not endorsed by the individuals. While many organizations have the capacity to collect data from consumers, businesses have a profit motive that adds a greater threat to the privacy dilemma. It is not only the continual compilation of data about individuals that poses privacy trepidation, but the ways in which data can be transformed and sold to other organizations. This consumer profiling can be misleading and damaging. If e-commerce is to succeed, businesses must work to develop a trustworthy, secure online environment. Developing a privacy policy is the first step in creating that trust. Incorporating a privacy