Cross-Cultural Management Universal Business Context

Question: Discuss about theCross-Cultural Managementfor Universal Business Context. Answer: Introduction Cross-cultural management can be defined as the practice in which work is managed by teams in such a way which considers the alterations in the cultures, preferences and the practices of the customer in the worldwide or universal business context. Competing for the levels in their fields most of the businesses have to learn to modify or adapt their approach where they dont confine to the physical geography with the transaction online which are more common in the business and various other situations. In the past, most of the years in the international business dealings, the intercultural interactions have mostly increased in their importance as the number of people where having access to the widest range of markets with the newly developed technology. Not only the wireless technology has made the world smaller by making the transaction faster across the entire nation, but also the travel has become much faster and very easy that all the people should know how to have an interaction with people of different cultural context. Mainly businesses along with other professions have to include the management of cross culture in their training or the curriculum as there is a need. For example, if planning to work with various cultural situations either at home or abroad, you need to have a communication in an effective manner so that misunderstandings can be prevented and one can show respect to those people with whomsoever they are willing to work. In any kind of profession communication is the main criteria which hold the value, as it has become essential in any kind of field so learn to communicate among various cultural contexts and the situations How Ready you are for a Future Where more and more Activity Involves Multiple Cultures. The multicultural environment exists in the organization because there would be the collaboration of two or more organizations in which members various cultures are involved. All these members are more likely to be from different cultural background and also their orientations differ. For instance, if I belong to Singaoore, then my cultural background would resemble that of an Singaoore. So, according to that basis, I would act and execute the actions as per the situation. If a workplace is being in collaborations between various organizations then they would also combine the different cultures. If at all the organization in which Im carrying out my employment has merged with the other organization, then arises the situation where I need to work with the members of the adopted organization as well as the colleagues from the current organization so there would be the cocktail of cultures involved in them. This would be the difficult situation to get adjusted. While making the commitment they bonded the relations for a long duration of time with each other. In such a situation, there are various issues that come into the picture where the organization should mainly focus upon. As an employee in the organization, Im in the process of development. In this organization they would give the values to the collaborators and provide them with mutual respect and the level of trust would be higher by valuing the differences that are present in the environment of both the organizations. By enhancing the leadership qualities potentials one can have the correct view over the multiple cultures of the organization which can be obtained from the development of the career of the employees. It can be correlated in such a way that if the leadership qualities are enhanced the employee engagement will improve which in turn will increase the productivity of the organization. Mentoring provided through the managers and other officials also would play a major role in the development of a multicultural environment as it would create the trustworthy environment in the premises. Sharing of knowledge between the members of the organization will be one of the best scenarios where the multicultural environment can be handled easily. As this creates the appropriate interaction between the people in the company where they can have a view on various cultures involved and the learning would be fast. How is UCD Doing in Helping Prepare you for a Future where Different Cultures have Different Ideas of Corporate Social Responsibility and Ethics? The UCD in the expanded form known as the University of Dublin located in Singapore is involved in helping the students get prepared with respect to the market culture that is a mixture of all. As a part of this process the university is being incorporated into different kinds of activities which would help them in developing the strategies for the business in a better way. For performing the strategic social function the university is over with the corporate social responsibility. According to my view, the CSR known as Corporate social responsibility is found to be in the place of the organization public policy which is related to the corporate policy. The ethics of the organization and the diversity in the corporate governance are included under the corporate social responsibility. Within the organization itself the legal and the regulatory concerns, are provided by the University of Dublin of Singapore along with the social interactions. CSR is noticed to be such a factor which is known to cover the every possibility requirement of the organization. By following the globalization, philanthropy and the triple bottom line the CSR is known to deal with the business ethics. By this, it can be strongly said that the social and moral responsibilities can be dealt by the CSR which provides greater support in preventing the issues that occur in the workplace with regards to the operations of an organization. Conclusion There are various literature which have been discussing the cross-cultural management and also the complexity that has been increasing in the business environment globally has been referred. The modern ethics that have been included in the business domain are the expansion of the business and its sustainability. These both terms are said to be interrelated with each other as the employees who are working in the environment of multiple cultures will know the strategies of sustainability along with the productive expansion of business. In the business context, corporate social responsibility has been the trustworthy edition and the implication that are under the CSR for the social welfare of the business and its sustainability would contribute for the development of the competencies of the individuals in the future.