BUS 366 International Business Assignment
Order ID 53563633773 Type Essay Writer Level Masters Style APA Sources/References 4 Perfect Number of Pages to Order 5-10 Pages Description/Paper Instructions
BUS 366 International Business Assignment
6
Angela Diaz
BUS 366: International Business
A: CULTURE
- a) Cultural Dimensions
- Power Distance
This dimension addresses the detail that all societies are not identical. Power distance refers to the level to which the slightly strong individuals of organizations and institutions anticipate and approve the unbalanced placement of power. If the value of power distance is high for a country, it means power is distributed on the basis of ranking (Hofstede Insights, n.d.).
- Individualism
Individualism makes a reference to the level of interdependence which a society conserves between its residents. A high score of individualism on Hofstede indicates the higher focus of the individuals upon themselves and their individual families.
- Masculinity
Masculinity indicates the degree of competition and success propelling a society. A high score on this dimension means a society is propelled by the success as compared to affection. A low score shows that the society links greater significance to the love and care as compared to the success (Hofstede Insights, n.d.).
- Uncertainty Avoidance
It deals with the manner a society addresses the prediction of the future. A higher score for uncertainty avoidance on Hofstede shows that the members of a society depend upon the current rules and laws to prevent an uncertain situation in the future.
- Comparison of the two countries among Hofstede’s dimensions (Saudi Arabia and Argentina)
Figure 1: Comparison of Saudi Arabia and Argentina
- How Power Distance applies to Saudi Arabia
The score of power distance for Saudi Arabia is 95. This score shows that in Saudi Arabia power distribution is linked with the ranking. It also shows that in Saudi Arabia social status is given high priority. Power is centralized in the organizations in Saudi Arabia and the subordinates act upon the orders of their bosses (Hofstede Insights, n.d.).
- How Power Distance applies to Argentina
The score on this dimension for Argentina is 49. This core is quite low as compared to Saudi Arabia. It shows that power is not centralized in the organizations in Argentina and the subordinates possess certain degree of authority in making decisions. In Argentina, European way of leadership is more prevalent.
III. How Individualism applies to Saudi Arabia
The score on individualism for Saudi Arabia is 25. It means that in Saudi Arabia collectivism is more common as compared to individualism. People in Saudi Arabia do not emphasize upon themselves (Hofstede Insights, n.d.). Instead a greater focus is placed on collective happiness of the groups. Loyalty towards the groups is given more significance than individual happiness.
- How Individualism applies to Argentina
The score on individualism for Argentina is 46 which is quite high as compared to Saudi Arabia. It represents that Argentina is an individualist country. Individual happiness is more important for the people of Argentina as compared to collective happiness of the groups.
- How Masculinity applies to Saudi Arabia
The score for masculinity for Saudi Arabia is 60 which is a quite high score. It indicates that the society is driven by the success and competition. Saudi Arabia is more inclined towards assertiveness and achievement. In short, there are more masculine characteristics in Saudi Arabia (Hofstede Insights, n.d.).
- How Masculinity applies to Argentina
The score on this dimension for Argentina is 56 which is almost equal to that of Saudi Arabia. It shows that both Argentina and Saudi Arabia are driven by competition and success. The conduct of politicians and female managers is masculine. There exists a strong need to shine and protrude.
VII. How Uncertainty Avoidance applies to Saudi Arabia
The score for uncertainty avoidance for Saudi Arabia is 80. People like to stick to the existing rules and laws to avoid uncertainty in the succeeding time. In Saudi Arabia, greater importance is associated to the traditions and culture. People are resistance to revolutionary reasoning (Hofstede Insights, n.d.).
VIII. How Uncertainty Avoidance applies to Argentina
The score on this dimension is high for Argentina, i.e. 86 which is higher than the score for Saudi Arabia. The rate of corruption is high in Argentina and people’s need to obey these rules is low. In addition, the black market is substantial.
- ETHICS
- A brief explanation of corruption index
The corruption perception index ranks the countries on the basis of existence of corruption in their economies. The current accessible ranking is up to 2018. The corruption perception index is developed through the opinion assessments/surveys of the business people and experts. This index classifies 180 nations. A total of 13 surveys and experts evaluations were used to determine public division corruption in these countries (Transparency International, n.d.). The scores that are assigned to these nations range from 0 to 100. A higher score on the index shows lower degree of corruption and a low score on the index represents higher degree of corruption. An absolute score of 100 shows there is no existence of corruption in the particular country.
RUBRIC
QUALITY OF RESPONSE NO RESPONSE POOR / UNSATISFACTORY SATISFACTORY GOOD EXCELLENT Content (worth a maximum of 50% of the total points) Zero points: Student failed to submit the final paper. 20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. 30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. 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