Monday, December 30, 2019

The Religious And Social Differences Between Ancient...

The Religious and Social Differences between Ancient Greece and Rome In modern day, everyone tends to think of the Roman gods when they think of Greece, or when they think of the ancient gods in general. Juno versus Hera, Jupiter versus Zeus, and Mars versus Ares are some examples of their different and separate deities; not just their names, but their personalities as well. There are many differences between the two religions, as well as differences between each culture’s social standings. Not only are there differences, but there are, of course, similarities. While they do indeed have their similarities, though, ancient Greece and ancient Rome will always be ultimately different. As many believe, the ancient polytheistic religions of ancient Greece and Rome are very similar—but that just is not true, not in entirety. The pagan gods of ancient Rome are known to be more violent than their Greek counterparts; for example, Venus was the Roman goddess of not just love, but also of â€Å"sex, beauty, fertility, and even prostitution† (Garcia). On the other side, the Greek goddess Aphrodite was solely about love, beauty, and desire; and not just simple love either, she was also known for inspiring the love of one’s self as well. Aside from the differences in the Greek and Roman gods, the Greek religion was known to be more of the personal aspect, while the Roman was more of the belief in spirits who protected and watched over the Roman people. Not only that, but the RomanShow MoreRelatedGreek And Roman Civilizations : Greece And Ancient Civilizations1503 Words   |  7 Pages Greek and Roman Civilizations In examining the impact that the ancient world has had on modern Western civilization, the two ancient civilizations which are frequently understood as having had the greatest influence are Ancient Greece and Ancient Rome. These two civilizations would eventually come to shape much of what would become the modern European culture, politics and society, and by extension, a vast proportion of global culture and society. In scrutinizing the trajectory of modern historyRead MoreGreek And Roman Civilizations : Greece And Ancient Civilizations1498 Words   |  6 Pages Greek and Roman Civilizations In examining the impact that the ancient world has had on modern Western civilization, the two ancient civilizations which are frequently understood as having had the greatest influence are Ancient Greece and Ancient Rome. These two civilizations would eventually come to shape much of what would become the modern European culture, politics and society, and by extension, a vast proportion of global culture and society. In examining the trajectory of modern historyRead MoreAncient Greeks And The Roman Empire1085 Words   |  5 Pagesâ€Å"There is an old saying, â€Å"Rome wasn’t built in a day.† However, it could also be said that, â€Å"Rome wasn’t built, by the Ancient Greeks, in a day.† (Crest) Ancient Greece was founded in 800 B.C. and was seen to be the first technical, civilized society. Within this society there were large advances in art, poetry and technology. Despite these advances Greece finally fell to the Romans in the Battle of Corint h in circa 146 B.C. and was established as a Province of the Roman Empire. This occupationRead MoreWomen Of The Roman Empire1022 Words   |  5 PagesIn the Roman Empire, and in most ancient societies, the role and status of woman has been obscured by the bias of ancient male writers. Just as women are viewed in ancient Greece, and Imperial China, women in the Roman Empire were viewed as inferior to men. In the Roman Empire it was believed that women should be under the control of a guardian, which controls the aspects of her life. This guardian could be her father, husband, or a male relative (Nystrom). Marriage in the Roman Empire was not romanticRead MoreA Vegetarian Vs. Vegan Essay1372 Words   |  6 Pagesâ€Å"A vegetarian vs. vegan? What’s the difference?† Although the differences may be known by some, many are foreign as to what distinguishes these two lifestyles. While vegetarians refrain from consuming an animal s flesh, vegans choose to rid themselves of the consumption and use of any animal derived products. With dietary limitations established, it is clear that these two differ greatly, but what unites them is how the lifestyles came to be. As a vegan myself, I have developed core arguments andRead MoreMediterranean Society Under Greek and Roman Influence Essay855 Words   |  4 Pageswere spread across the globe. â€Å"The rise of the series of city-states of classical Greece began in the ninth century B.C.E. and during the late sixth century B.C.E, Rome’s development as a republic began as Etruscan society declined†(Bentley et al, 2008 p .132, 145). The development of these empires encouraged cultural circulation, blending the culture of the two empires into the land it conquered. As Greece and Rome gained more territory within the Mediterranean society, they began to progress towardRead MoreThe Greeks Were Deeply Religious People1434 Words   |  6 PagesThe Greeks were deeply religious people. They worshiped many Gods who they believed appeared in human like form and yet had superhuman strength including ageless beauty. The â€Å"Iliad† and the â€Å"Odyssey,† were cultures earliest surviving examples of Greek literature that told stories of men encountering with a variety of Gods and goddesses. Roman Religion was more practical and less poetical than the Greek religion was however; they both had similar roles and duties. â€Å"The Greek religion was more of someRead MoreWomen and Their Roles in History2647 Words   |  11 Pagesof their time. These women of ancient civilizations have led us to t he roles of women in our society today. They have boosted the standing of women in society and have tried to be individuals. In some time periods, women were controlled completely by men and in others they were moderately controlled by men. This paper will focus on the roles of women in certain areas. The civilizations that I analyzed closely were the Roman Empire, Han China, Classical Greece, Byzantium, Egypt, and Europe duringRead More Greek Education v.s Roman Education Essay examples6135 Words   |  25 Pages Similarities and Differences: Ancient Greece vs. Ancient Rome nbsp;nbsp;nbsp;nbsp;nbsp;Many qualities of the Ancient Roman civilization were undoubtedly borrowed from their predecessors of the Greek culture (Bonner 1). Roman education, however, is only a reflection of the Greek education system. Ancient Roman education tactics differ from the education methods used by Ancient Greek instruction. Nevertheless, these two different approaches contain many similarities. Although the Romans madeRead MoreGreek Education V.S Roman Education6248 Words   |  25 PagesSimilarities and Differences: Ancient Greece vs. Ancient Rome Many qualities of the Ancient Roman civilization were undoubtedly borrowed from their predecessors of the Greek culture (Bonner 1). Roman education, however, is only a reflection of the Greek education system. Ancient Roman education tactics differ from the education methods used by Ancient Greek instruction. Nevertheless, these two different approaches contain many similarities. Although the Romans made an effort to reproduce the

Sunday, December 22, 2019

Essay about Does History Have an End - 1045 Words

The Communist Manifesto was published just before the European Revolutions of 1848. It was meant as a statement of purpose for Marxs newly formed Communist League and its straightforward, even prophetic, tone is that of a man confidently explaining to a confused world the reasons for a tumult which had not yet begun. Why is he so sure of himself? The answer to this depends on Marxs deterministic view of history. Marx inherited from his philosophical father, Hegel, the idea of historical progress (.a href=http://www.gradesaver.com/ClassicNotes/Authors/about_karl_marx.htmlhttp://www.gradesaver.com/ClassicNotes/Authors/about_karl_marx.html/a). Both believed that human history unfolds according to a distinct series of historical†¦show more content†¦When Marx wrote The Manifesto, he thought he was announcing the end of capitalism only months before its downfall. However, it is important to realize that this hostility also takes a very specific form: the dialectic (that of exchanging logical arguments to arrive at the truth. According to Marxs dialectical account of history, every class is unstable and fated for complete destruction because of its internal inconsistencies. Out of its ruins, a new class forms that resolves the in congruencies of its forerunner but retains it own, which will in turn cause its eventual destruction. More specifically, the bourgeoisie must create the proletariat as a condition of their own development, in order to work in their burgeoning industries. While doing this, they must treat the proletariat worse and worse while giving them the means to associate through politics. The consequence of this plan is that the proletariat grows in power and eventually overthrows their oppressors. The inner contradiction is the bourgeoiss need for proletariat labor. When this need is met, it leads to the eradication of the bourg eoiss power (Marx, 94). The proletariats role in history is unique because the vanquishing of capitalism leads to a classless society (Marx, 83). If there are no more classes, there cannot be any class antagonism, and if there is no class antagonism, then (according to Marx) there will be noShow MoreRelatedDoomsday: Windows XP End Support Essay1465 Words   |  6 PagesDoomsday: Windows XP End of Support Doomsday, the beginning of the end, there are many words which can describe what is to come from the end of support for one of the most widely used Computer Operating Systems in the world; windows XP. The software was introduced almost twelve years ago, and it still remains relevant, and regarded highly by many today (â€Å"A History of Windows†). With the announcement of software giant Microsoft’s end of support date, those using the operating system Windows XPRead MoreCleopatra Movie Analysis1308 Words   |  6 PagesAs we go on throughout history, there are many stories that tend to stick out more than the rest. These stories can be popular for varieties of reasons, however, they all gain the attention of people in today’s time for one reason or another. Many moments throughout history have made such an impact on society that movie makers have decided that the stories need to be told through a motion picture movie. One specific moment in history that caught the attention of the motion picture producers was theRead More Essay on Flight in Song of Solomon1001 Words   |  5 Pagesan escape, and as proof of intrinsic worth; however, by the end this is not so clear a proposition†(Lubiano 96). Song of Solomon ends with ‘flight’ but in such a way that the act allows for multiple interpretations: suicide; real flight and then a wheeling attack on his brother; or real flight and then some kind of encounter with the (possibly) killing arms of his brother.    That Guitar places his rifle on the ground does not make him any less deadly - his smile and the dropping ofRead MorePlato And Aristotle s Philosophy1088 Words   |  5 PagesHistory isn’t made by statues. Real people make history. When one understands the person represented by the statue, the story of history begins to unfold. Two of the most important thinkers in world history were Plato and Aristotle. Aristotle studied under Plato and learned many lessons from his teacher. An area one can easily see the similarity between Plato and Aristotle is their beliefs on responsibility. Plato lays the groundwork for Aristotle to develop his own theory. The two are not identicalRead More Communism vs. Hegelism 1679 Words   |  7 Pagesoverthrown; there was political and civil unrest throughout Europe. In the midst of all this turmoil Georg Wilhelm Friedrich Hegel emerged, presenting an analysis of history that would echo through the future, an understanding of the human condition, and an estimate of the end of said history and what would bring it about. This end of history would be brought about by the State, for the State’s sole purpose was to bring positive change and freedom to the individual. Less than a century later, Karl MarxRead MoreA Multi Dimensional Assessment ( Micro )1571 Words   |  7 Pagesthis time she does not even watch her favorite television programs. She has a loss of appetite and is very petite weighing in at 85 lbs. which is below her body mass index. She explains that often times it is very difficult for her to sleep at night. She isolates herself and reports that she has a loss in friendships since her medical condition down spiraled. She used to have lunch with her friends often but not any longer. She does not feel important to anyone. Past History of Treatment Read MoreStill I Rise By Maya Angelou Essay1649 Words   |  7 Pagesfor females to finally have the right to vote, under the 19th amendment. Maya Angelou’s poem expresses these challenges and overcoming them, in contrast. The 1st line of the 1st stanza recognizes history, â€Å"You may write me down in history†. This line itself holds extreme value. Emotion aside, there are years of history of oppression, slavery, suffrage, and women’s rights. History can be told from any person’s point of view. There is both emotion and fact in history, based off whose pointRead MoreEssay on Why Postmodernism Failed to End History1542 Words   |  7 Pagesthreaten to end History, and why did fail?’ This question poses two clear questions, why postmodernism threatened the end of history, and why it failed to do so. While few would counter the assumption that it did fail, it can be argued that it massively changed history, and through answering the questions posed, this can also be addressed. In 1986 A. Huyssen claimed that postmodernism possessed ‘the unshaken confidence of being at the edge of history’, in regard toRead More Fukyama V huntington Essay722 Words   |  3 Pagestheorists of our times. Fukuyama’s book, The End of History and the Last Man, and Huntington’s book, The Clash of Civilizations and the Remaking of World Order, pose two very conflicting theories on international relations. In this paper I will summarize and compare/contrast the two theories. Both theories, written since the fall of communism and updated since the first gulf war, have been widely read, taught, praised and criticized The End of History and the Last Man is a book in which FrancisRead MoreEssay about Disobedience1306 Words   |  6 Pages end will be what kills us all. Overall his article has several compelling reasons to believe his theory, but it is also not completely believable for several reasons. There are several points that are debatable and his high use of emotion alone could cause one to question his article on a whole. Fromm being a psychoanalyst, sociologist, historian, and philosopher may have contributed to his using the pull of emotion so much. In his article Fromm states that history began

Friday, December 13, 2019

GE †credentials Free Essays

string(237) " rentals and stock list funding ; residential mortgages ; place equity loans ; debt consolidation loans ; current and savings histories and insurance merchandises related to consumer finance offerings for clients on a planetary footing\." Jeff Immelt ‘s 5th twelvemonth in office as the Chairman and CEO of GE besides saw GE being crowned as the universe ‘s most admired company by Fortune Magazine for the 6th clip and 2nd clip in Immelt ‘s term of office this was in add-on to GE being on top of the list of Financial Times ‘ most admired companies of the universe for seven out of the last eight old ages. The company has been able to crush the US lag of 2001, 9/11 and lifting input monetary values and still maintained a growing rate of 5 % which none of its Industrial or Financial equals has been able to fit and with the restructuring and Jeff Immelt ‘s new growing enterprises GE has been able to present a growing of 8 % from bing concern and another 3 % through acquisitions in 2005 and is all set to reiterate that public presentation every twelvemonth for the following decennary. For the past century GE has continually set the docket of direction thoughts and patterns that other companies will follow. We will write a custom essay sample on GE – credentials or any similar topic only for you Order Now It pioneered the rules of organisation design in 1892 and in 1950s it produced the celebrated â€Å" Blue Books † – Ultra detailed guide given to GE directors on how to carry on concern. In 1960s it led the move to strategic planning. In 1980s and 1990s it tool constructs like Leadership Development, Work Out and Six Sigma. Testimonies for GE from industry and academic leaders: â€Å" GE is the best school of direction on Earth saloon none † Clay Christensen Professor, Harvard Business School and writer of â€Å" The Innovator ‘s Dilemma † â€Å" GE has set a criterion in leading development in a manner that all of us have benefited from. † Kevin Sharer, CEO of Amgen â€Å" What makes GE the gilded criterion is the consistence of public presentation over a really drawn-out period. † Kevin Rollins, CEO of Dell Company Fast Facts Market Cap – $ 354 billion Employees – 300,000 Stockholders – 5 million Average Annual Return since 1996 – 13.5 % Company Fact Sheet General Electric Company ( General Electric ) is a diversified industrial corporation. The company manufactures a broad scope of merchandises from major contraptions and illuming merchandises to commercial and military aircraft jet engines ; medical diagnostic imagination systems ; life science checks and separation engineering merchandises to electrical distribution and control equipment. The company has operations in North America, Europe, Asia and South America General Electric operates through six concern divisions: substructure, industrial, commercial finance, health care, consumer finance and NBC Universal. Infrastructure produces, sells, fundss and services equipment for the air transit and energy coevals industries. The substructure besides produces, sells and services equipment for the rail transit and H2O intervention industries. The substructure division operates chiefly through its sub-divisions. The air power sub-segment green goodss, sells and services jet engines, propjet and turbo shaft engines, and related replacing parts for usage in military and commercial aircraft. This sub-segment is besides engaged in supplying care, fix and inspection and repair services ( MRO ) services for aircraft constituents including engines. The air power fiscal services sub-segment offers a wide scope of fiscal merchandises to air hoses, aircraft operators, loaners, investors and airdrome developers. These fiscal merchandises include rentals, aircraft buying and trading, engine/spare parts funding, pilot preparation, fleet planning and fiscal consultative services. The energy sub-division provid es merchandises and services to the planetary energy industry. These merchandises and services assist the energy industry in production, distribution and direction of energy. The company ‘s merchandise portfolio includes wind turbines, aircraft engine derived functions, gas turbines and generators. The oil and gas sub-segment offers merchandises and services for the production, transit, storage, refinement, and distribution of oil and natural gas. The transit sub-division provides engineering solutions for clients in a assortment of industries, including railway, theodolite, excavation, oil and gas, power coevals, and Marine. The merchandises offered by the transit sub-division include high horsepower diesel-electric engines every bit good as parts and services for engines. The H2O sub-division offers solutions for sublimating H2O. These solutions include supply of forte chemicals, pumps, valves and filters ; fluid handling equipment ; effluent and procedure systems The industrial division sells merchandises including consumer contraptions, industrial equipment and plastics, and related services. This division ‘s operations are located in North America, Europe, Asia and South America. The company chiefly operates through its sub-divisions. The consumer and industrial sub-division sells place contraptions including iceboxs, deep-freezes, electric and gas scopes, cooktops, dish washers, apparels washers and driers, microwave ovens, room air conditioners, and residential H2O systems for filtration, softening and heating. This division brands include Monogram, GE Profile, GE and Hotpoint. The equipment services sub-division provides leases, rentals, gross revenues and plus direction services for commercial and transit equipment. The plastics sub-division industries and sells plastics used by compounders, molders and original equipment makers. These plastics are used in a assortment of applications including fiction of automotive parts, computi ng machine enclosures, compact discs and optical-quali The commercial finance division offers a wide scope of fiscal services. This division ‘s operations are spread across North America, South America, Europe, Australia and Asia. This division has mid-market expertness and offers loans, rentals and other fiscal services to makers, distributers and end-users of a assortment of equipment and major capital assets. These assets include industrial-related installations and equipment, commercial and residential existent estate, vehicles, corporate aircraft, and equipment used in many industries such as the building, fabrication, telecommunications and health care industries. The health care division manufactures sells and services a scope of medical equipment. The services offered by the division include distant diagnostic and fix for medical equipment, computerized information direction and client productiveness services. The healthcare division chiefly operates in North America, Europe, Asia, Australia and South America. The consumer finance division offers recognition and sedimentation merchandises and services to consumers, retail merchants, agents and car traders in over 50 states. The fiscal merchandises offered by the division include private-label recognition cards ; bank cards ; double cards ; corporate travel and buying cards ; personal loans ; car loans ; rentals and stock list funding ; residential mortgages ; place equity loans ; debt consolidation loans ; current and savings histories and insurance merchandises related to consumer finance offerings for clients on a planetary footing. You read "GE – credentials" in category "Essay examples" NBC Universal, another division, is a media company. It is chiefly engaged in the broadcast of web telecasting services to attached telecasting Stationss within the US ; the production of unrecorded and recorded telecasting plans ; the production and distribution of gesture images ; the operation, under licences from the Federal Communications Commission ( FCC ) , of telecasting broadcast medium Stationss ; the ownership of several cable/satellite webs around the universe ; the operation of subject Parkss ; and investing and programming activities in multimedia and the cyberspace. The NBC Television Network is one of four major US commercial broadcast telecasting webs and serves 230 attached Stationss within the US. CHANGING OPERATING ENVIRONMENT AND GE â€Å" We ‘re now in a slow-growth universe. Thingss were different 25 old ages ago. Oil was under $ 30 a barrel ; most growing came from the developed universe ; we were a state at peace. After I came in as CEO, I looked at the universe post-9/11 and realized that over the following 10 or 20 old ages, there merely was non traveling to be much tailwind. It would be a more planetary market, it would be more driven by invention, and a premium would be placed on companies that could bring forth their ain growing. We have to alter the company-to become more innovation driven-in order to cover with this new environment. It ‘s the right thing for investors. Productivity is still really of import, but if you look back at GE ‘s concerns over the past decennary or so, those that have been managed for both productiveness and growing have done the best. â€Å" The statement from Jeff Immelt mentioned above gaining controls the really kernel of the altering concern environment that GE has to cover with now and therefore had to reconstitute itself into an organisation which is ready for tomorrow Analyzing GE ‘s Changing Environment Under Jeff Immelt Industry Sector: With the flop of 2001 and the US lag that followed GE was faced with a really slow growing industry sectors as its major concerns like Commercial Aviation and Power equipment were the 1s that had taken the maximal hit from the lag. However, GE ‘s relentless attempts on increasing productiveness became its Jesus. Besides Immelt ‘s attempts to hike globalisation and invest in R A ; D helped GE to research new chances in the emerging markets and be ready to sit any rush in demand Natural Materials Sector: Post 9/11 and Iraq war the petroleum oil monetary values sky-rocketed and the of all time increasing demand from India and China lead to a immense rise in trade good monetary values. All this meant an of all time increasing force per unit area on the company ‘s profitableness due to input monetary values Human Resources Sector: With a new and restructured company with more than 50 % grosss coming from outside the United States a new challenge were acquiring a leading squad from these markets. Thus GE has increased the figure of direction alumnuss it plans to engage from Asia every twelvemonth Fiscal Resources Sector: Post 9/11 the universe saw a reversal of tendency as the autumn of involvement rates stopped and they started lifting alternatively. However, thanks to immense hard currency flows from operations generated by GE and its AAA evaluation fiscal resources ne’er posed a menace to the company Market Sector: Again as more than half the grosss and about the full growing came from developing economic systems GE was faced with a wholly different market sector as GE had to acknowledge the importance of these new markets. In earlier old ages GE had followed a scheme of â€Å" Defeaturization † which meant taking an American merchandise and depriving it down to accommodate an Indian monetary value. However, this mentality is altering to developing a merchandise land up in India to accommodate an Indian monetary value Technology Sector: Technology is one sector which has more or less stayed invariable over the last few old ages as it has merely increased bit by bit and GE has if anything stayed in front of its clip with a go oning emphasis on leveraging its engineering and procedure excellence for presenting client value Economic Conditionss Sector: Last five old ages have witnessed both a lag and roar in the universe economic system with a really slow growing stage in the industrial universe station 9/11 and so a roar lead by China and India Government Sector: The authorities sector inside the United States has stayed stable. However, the increasing force per unit area from the universe on the US to subscribe the Kyoto Protocol has meant GE had to switch its focal point on ecological balance by get downing a thrust called â€Å" Ecomagination † Sociocultural Sector: Last five old ages have scene a stabilised sociocultural environment with lone major alteration coming in signifier of altering demographics as the population in most of the underdeveloped universe is ageing and hence are the consumer demands International Sector: As most of the grosss or the company is coming from international markets so is most of the competition. GE is now faced with competition from its European and Asiatic challengers even as it has outsmarted most of its American competition STRATEGIES THAT SHAPED GE OVER THE YEARS A Glimpse at the History of the World ‘s greatest company – A pudding stone formed through acquisitions and inventions General Electric Company ( General Electric ) was established in 1892 with the amalgamation of Thomson-Houston Electric and Edison General Electric. Its early merchandises included visible radiation bulbs, motors, wassailers, lifts, and other contraptions. In the undermentioned old ages, General Electric acquired a figure of companies such as Siemens A ; Halske ‘s subdivision in Chicago in 1900 and Stanlet Electric Company in 1903. The company continued to spread out and by 1980, its merchandises ranged from plastics, consumer electronics, atomic reactors, to gush engines. In the undermentioned twelvemonth, the operations of the company were decentralized. It bought common fund jobber GNA in 1993. In the same twelvemonth, GE Investment direction began selling common financess to the populace. GE Capital Services, its subordinate, expanded its lines, purchasing Amex Life Insurance and Life Insurance Company of Virginia in 1995. The company continued to spread out through the acquisition of other companies and through the constitution of joint ventures. The company sold Genie online services in 1996 and entered into a joint venture with Microsoft organizing the MSNBC overseas telegram intelligence channel in 1997. During 1999, the company acquired 134 companies. In 2001, GE and Honeywell International terminated their earlier amalgamation understanding after EU regulators blocked the trade. As portion of the understanding, General Electric acquired two concerns from Honeywell ; Tensor, an oil and gas group, and Honeywell Advanced Composites. General Electric made a figure of acquisitions in 2002, including Instrumentarium, USA Instruments, Infographic Systems, Deutsch Financial Services and Ion Track. It besides combined its lighting and contraptions concerns to Form GE Consumer Products in 2002. General Electric announced a amalgamation trade between NBC and Vivendi Universal amusement in 2003. The company gained ownership of 80 % of the new company, NBC Universal. Later during the same twelvemonth, General Electric acquired Sophia, a Gallic existent estate company. Besides in the same twelvemonth, the media group controlled by GE severed its fiscal ties with Paxson. General Electric made many acquisitions in 2003, including RAMiX, SI Pressure Instruments and Saferex Oy of Finland. GE Medical Systems completed the acquisition of Triple G Systems Group in late 2003. Besides during the twelvemonth, Littlejohn A ; Company agreed to get GE Superabrasives. General Electric agreed to get InVision Technologies in 2004. During the same clip, the company completed its acquisition of well all of the US concern assets of AstroPower, a taking maker of solar electric power merchandises. GE Commercial Finance, the business-to-business fiscal services unit of General Electric, purchased assets from Boeing Capital Corporation in 2004. While GE Consumer Finance, the planetary consumer loaning unit of General Electric acquired DeltaBank, a Moscow-based Russian consumer bank. GE Energy acquired three concern units of S D Myers. In Canada, GE acquired Ikon Office Solutions, a leasing concern. General Electric besides acquired the assets of ChevronTexaco ‘s gasification engineering concern. In South Africa, the company acquired well all the assets of Fluidex Engineering of Johannesburg. General Electric sold its bulk interest in its GE Capital International Services unit in 2004. General Electric restructured its operations into six concerns during 2005 ; each concern focused on the wide markets served by the company. These concerns were substructure, commercial finance, consumer finance, health care, NBC Universal and industrial. General Electric made several acquisitions during 2005. In Turkey, the company acquired a 25.5 % voting interest in Garanti Bank, a full service Turkish bank. GE ‘s commercial finance division acquired the Transportation Financial Services Group of CitiCapital ; the Inventory Finance division of Bombardier Capital ; Antares Capital, a nit of Massachusetts Mutual Life Insurance ; and ING ‘s part of Heller. General Electric ‘s substructure division acquired Ionics. GE ‘s Growth Strategy under Jeff Immelt What Immelt inherited from the legendary Jack Welch was a extremely productive company which has grown through a batch of acquisitions of all time since its origin. Immelt recognized that the environment GE operated in has changed dramatically over the old ages and the universe has entered a slow growing stage and merely those companies which can turn on their ain will be valued at a premium. Immelt brought about radical alterations at GE as the older rules of growing were done off with and concern successes were now measured by return on capital alternatively of pure market leading. A important alteration was the extent to which the organisation became externally oriented as Immelt reinstated the station of a Chief Marketing Officer after about three decennaries bespeaking a new market oriented GE. Following major measure taken by Immelt was increasing investings in R A ; D once more consistent with the company making its ain growing rater so turning by acquisitions. In kernel Immelt kept the values of productiveness and globalisation but added a growing jussive mood to it as in Immelt ‘s words â€Å" another decennary of 4 % growing would intend that GE would discontinue to be a great company any longer † . What Immelt has done with reshaping the scheme is in kernel a tradition of GE leaders as Immelt himself sums it up by stating â€Å" Most people inside GE learn from the yesteryear but have a healthy discourtesy for history † . The consequence of GE ‘s alteration in scheme to growing manner has been discussed in item in the subdivision on alteration attempts of Immelt subsequently Consequence of Strategy Change on people of GE Change from Welch ‘s 6 C ‘s to Immelt ‘s Growth Traits Immelt has identified the following as the growing traits for GE leaders as against the 6C ‘s identified by Welch External Focus Clear Thinking Imagination Inclusiveness Expertness What this means that the focal point of the company is now on market focal point and edifice new merchandises and work outing jobs through adept sphere cognition. This besides implies that Jack Welch ‘s doctrine of traveling people from one concern to another in 18 months will give manner to a state of affairs where people would remain in a GE concern for around five old ages on an norm to develop expertness required to present high organic growing. Technical SUB-SYSTEM AT GE – Technical LEADERSHIP AND LINKING PROCESS EXCELLENCE TO CUSTOMER VALUE Technical Leadership Merchandises, services and content represent GE ‘s value added and are the cardinal to its growing. It invests about $ 14 billion each twelvemonth in this rational foundation for the Company, which includes R A ; D, content development and selling. The graduated table of this Investment – the deepness and the breadth – makes GE unique. GE leverages breadth to take in service engineering. We leverage breadth to take in service engineering. An illustration of this is new service engineering is non-destructive proving. This takes imaging engineering from its health care concern and applies it to energy, rail, air power and oil A ; gas. For clients, proving substructure for failure could salvage one million millions of dollars each twelvemonth. It uses its technological strength to win. The premium of great engineering is non merely the merchandises it sells today, but besides the big installed base of durable assets where they sell service. Its service concern is profitable and grows rapidly. More significantly, services are aligned to work out client jobs in countries such as fuel efficiency, environmental public presentation and quality. It has a talented group of applied scientists and engineers. The company ‘s renewed focal point on advanced merchandises gives them a platform for leading in the company. Associating Process Excellence to Customer Value In 2005, GE accelerated its advancement to associate internal procedures to the success of clients. It starts by making formal ways to listen to client input in â€Å" dreaming Sessionss † which involves taking alone client groupings and holding them assist form scheme. Next, the company improved its client facing processes utilizing Lean Six Sigma, a procedure for cut downing rhythm clip. Every GE employee wakes up in the forenoon wanting to assist a client. Thin helps to look at procedures from a client point of position and engages the squad to make solutions. In several concerns it is associating Lean straight to growing, through what is called â€Å" Thin Showcases. † The intent of these show windows is non merely to better rhythm clip for the benefit of clients. Rather, it is to be so good that it generates incremental growing†¦ $ 50 million in each â€Å" show window. † Last, GE is utilizing a simple metric called Net Promoter Score ( NPS ) to mensura te how clients view GE. NPS creates a position of client trueness. The absolute mark is less of import than the tendency. It learns from both boosters and disparagers. Most significantly, we have been able to tie in NPS betterment with growing. NPS is simple and we can be used across the Company. The ultimate end is to utilize betterments in NPS as a step in how leaders get compensated. Organization STRUCTURE AT GENERAL ELECTRIC AND ITS EVOLUTION As is apparent from the construction described above GE follows a really level organisation construction composed which is a mix of divisional, functional and regional constructions. It is phenomenal for an organisation of the size of GE which has over 300,000 employees across the Earth to be so organic and level in its organisation construction. As seen above GE ‘s construction can be chiefly described as a divisional construction further each division follows a similar two grade construction and therefore any thought can make every bit far as the CEO by merely go throughing through 2 degrees above. The extent of GE ‘s two-dimensionality and broad span of control can be viewed from the fact that the CEO spends every bit much as tierce of his clip on people and takes attention of choosing and reexamining top 600 of the company ‘s leaders himself. These top 600 leaders so take similar duties for their staff However, GE ‘s construction was non ever as level. It all started in 1892 when Charles Coffins, so CEO and Chairman of the company created an organisational construction which laid the basicss of Organization Design and lead to the beginning of a new topic in Management which was later followed by all direction establishments and companies. This construction kept on going more and more tall and stiff as the company grew at an tremendous gait and it eventually resulted in a construction where there were six beds of Sector Executives between the concern leaders of each of the GE ‘s concerns and the CEO. This resulted in a bureaucratic civilization and an organisation where senior status and term of office were valued more than virtue and most of the new thoughts got lost someplace in the bureaucratism or by the clip they reached the relevant determination shapers at that place clip had been by. In 1981 Jack Welch took over as the Chairman and CEO of the company and He abolished all the beds of sector executives that separated the concern leaders from the CEO and created a level organisation which was really receptive of fresh thoughts and was a true meritocracy and the current construction was born. This construction was supported by a really strict and frequent rating system and People Management became one of the primary activities of the CEO himself. Cultural SUB-SYSTEMS AND GROWTH INITIATIVES AT GE The Cultural and Operating System is GE larning civilization in action. It is a year-around series of intense acquisition Sessionss where Business CEOs, function theoretical accounts and inaugural title-holders from GE every bit good as outside companies, meet and portion rational capital. The cardinal focal point is ever on sharing and seting into action, the best thoughts and patterns from across the company and around the universe. How Does It Work? Meetings take topographic point year-round, in an eternal procedure of enrichment. Learning physiques from old meetings, spread outing the range and increasing the impulse of our company-wide enterprises. Driven by the company ‘s values – trust, informality, simpleness, boundaryless behaviour and the love of alteration – the Operating System allows GE concerns to make velocities and public presentation degrees unattainable were they on their ain. What Are The Results? The Operating System translates thoughts into action across three twelve concerns so quickly that all the enterprises have become operational across the company within one month of launch, and have ever produced positive fiscal consequences within their first rhythm. Globalization has been enriched through more than a twelve rhythms, Six Sigma is in its 5th rhythm, Services is in its sixth, and e-Business its 3rd. Five Key Areas to Drive GE Business Growth GE is committed to accomplishing world-wide leading in each of its concerns. To accomplish that leading, GE ‘s ongoing concern scheme centres on five cardinal growing enterprises: Technical Leadership Servicess Customer Focus Growth Platforms Globalization GE is committed to leading in the â€Å" following coevals † of engineering. It ‘s well-positioned to drive growing for the hereafter with proficient excellence in each concern by developing a planetary proficient capableness, increasing new merchandise growing, and puting in planetary research. Servicesshave grown from the traditional activities of parts replacing, passing and reconditioning machines to a larger and broader vision. The new vision includes puting in concern and engineering to better the public presentation on its installed base and the manner it really services it. Through higher engineering, it has the ability to travel beyond serving to reengineering the installed base. By making so, it dramatically improved its clients ‘ competitory places. GE is in the thick of an unbelievable transmutation brought on by the Internet detonation. Its chase of digitisation will quickly alter its traffics with sellers, spouses, and most of all, its clients. Customer Focusis guaranting that everything it does provides value to our clients. It means making a partnership that – combined with expertness in fiscal, service and engineering industries – maximizes client profitableness and ensures quality. A cardinal GE strength is the ability to gestate the hereafter, place â€Å" unstoppable † tendencies and develop new ways to turn. Growth is the enterprise, the nucleus competence in edifice at GE. Globalizationis non merely endeavoring to turn grosss by selling goods and services in planetary markets. It besides means globalising every activity of the company, including the sourcing of natural stuffs, constituents, and merchandises. Globalization particularly means finding and pulling the limitless pool of rational capital – the really best people – from all around the Earth. JEFF IMMELT ‘S STRATEGIC GROWTH IMPERATIVES – Drive AND MANAGING CHANGE AT GE When Jeff Immelt became CE ‘s president and CEO in 2001, the organisation already had a robust tool kit in topographic point to undertake concern jobs. Most of its cardinal enterprises have focused on heightening productiveness. The Productivity Tool Kit Best Practices Sharing: identifies peculiarly effectual attacks and spreads them across CE ‘s concerns Change Acceleration Process: equips leaders with a proved method of pull offing alteration and prepares them to win as alteration agents Crotonville Customer Programs: deploy the resources of GE ‘s celebrated internal preparation installation for the benefit of clients Multigenerational Product Development Plan: ensures that new merchandises are non merely optimized for the close term but have the ability to germinate with client demands Procedure Maping: creates ocular representations of concern procedures to ease understanding and simplification Quick Market Intelligence: physiques on Wal-M art ‘s invention of tapping into real-time informations about client and rival behaviour and disseminating that insight quickly throughout the organisation Simplification: thrusts out immaterial costs incurred by overcomplicated procedures and proliferation of options in sourcing and other countries Six Sigma: employs Motorola- pioneered methods to convey defect degrees below 3.4 defects per million chances. Intensive quality preparation outputs â€Å" green belts ‘ â€Å" black belts: ‘ and â€Å" maestro black belts † Work-Out: utilizations cross-functional squads and town hall meetings to happen ways to take unproductive work out of the system, like meetings, studies, and blessing degrees that add no value However, General Electric under the leading of Jeff Immelt is flexing every waking attempt to an brave aim-to grow organically two to three times faster than universe GDP which translates into a growing rate of 8 % + from its bing concerns itself. Immelt attributes this alteration in doctrine to the fact that the universe has changed dramatically post 9/11 forcing up the input monetary values and the economic growing engines have besides shifted towards emerging economic systems like China and India. Prosecuting that end, the company has invented a whole new set of direction methods and hence is altering focal point from productiveness to productiveness with growing. Strong Portfolio GE ‘s foundation is a set of leading concerns constructed to accomplish long-run marks of more than 10 % one-year net incomes growing and 20 % return on entire capital ( ROTC ) . In 2005, the Company was restructured into six concerns focused on the wide markets served: Infrastructure, Commercial Finance, Consumer Finance, Healthcare, NBC Universal and Industrial. Each concern has graduated table, market leading and superior client offerings. Over the past few old ages, the company has sharply strengthened its portfolio. It had two ends in head: better its industrial growing rate and expand fiscal services returns. Since 2002, it has completed $ 65 billion of acquisitions, and announced or completed about $ 30 billion of divestitures. Its organic growing has expanded to 8 % versus an historical degree of 5 % . At the same clip, its ROE in its fiscal services concerns has increased to 26 % its concerns fit good with the large demographic subjects of its epoch. As a consequence, it is positioned to turn organically at two to three times the planetary gross domestic merchandise ( GDP ) . GE uses its size to execute for investors. Since 1990, GE ‘s continuing net incomes have grown every twelvemonth but one, and most of these old ages have had double-digit net incomes growing. Its dividend has increased for 30 consecutive old ages, turning 12 % on norm. The undermentioned concerns have been identified as cardinal future growing drivers in a recent GE mentality meeting: Healthcare IT†¦ Market leading Oil A ; Gas†¦ Market Leadership†¦ Expanding Quickly Water†¦ Continue to spread out globally Security A ; Feeling†¦ Continue to spread out†¦ industry consolidating Latino Media†¦ grow portion in US A ; explore planetary chance Common Enterprises: Organic Growth The 2nd jussive mood is to drive common enterprises across the portfolio to spread out public presentation. The GE squad embraces these enterprises. They measure, learn and drive enterprises until they become portion of the civilization. Its most of import enterprise is to drive 8 % organic gross growing. This was launched in 2004, when it had an historical growing rate of 5 % . The entire continuing gross growing was 11 % in 2005, and organic growing was 8 % . This was about twice its industrial and fiscal equals. Jeff Immelt has come up with a model known as â€Å" Execute for Growth † which will steer the concern leaders in all GE concerns to accomplish this brave mark of organically turning the company at 8 % . The model is outlined in the undermentioned subdivision The Growth Tool Kit A new set of tools has been added to the old kit to assist CE accomplish its ends for top-line growing. Acquisition Integration Framework: lineations a elaborate procedure for guaranting that acquired entities are efficaciously assimilated into GE At the Customer, for the Customer: brings CE ‘s internal best patterns, direction tools, and developing plans to clients confronting their ain managerial challenges CECOR Marketing Framework: connects invention and other growing attempts with market chances and client demands by inquiring inquiries to graduate, explore, create, form, and recognize strategic growing Customer Dreaming Sessions: assemble a group of the most influential and originative people in an industry to visualize its hereafter and provoke the sort of interchange that can animate new programs Growth Traits and Appraisals: lineation and implement the outlook that GE ‘s following coevals of leaders will expose five strengths: external focal point, clear thought, imaginativeness, inclusiveness, and sphere expertness Imagination Breakthroughs: focal point top direction ‘s attending and resources on assuring thoughts from anyplace in the organisation Invention Fundamentalss: Equip directors with four exercisings to prosecute people in invention, and fix them to transform new thoughts into action Innovation Labs and Tool Kit: support concern scheme, merchandise development, and other cross-functional undertaking squads with a assortment of resources and stuffs relevant to innovation attempts Thin Showcases: demonstrate the power of â€Å" thin † thought by leting people to see how rhythm times were reduced in a nucleus customer- facing concern procedure Thin Six Sigma: puts the Six Sigma methods and tools in the service of a critical goal-reducing rhythm times in the procedures that chiefly drive client satisfaction Net-Promoter Mark: holds all GE concerns to a new criterion: They must track and better the per centum of clients who would urge GE. The tonss are seen as prima indexs of growing and public presentation ; concern squads apply thin Six Sigma and other tools to analyse tonss and place and implement betterments Peoples + Culture GE has ever been seen as an organisation which is a university in itself and this committedness is reflected in the fact that CEO Jeff Immelt spends a s much as tierce of his clip on people and the company spends in surplus of $ 1 billion each twelvemonth on assorted developing plans. GE is committed to learn its leaders new accomplishments that make them modern-day in every epoch. Consistent with our enterprises, it is learning them to be growing leaders. To accomplish consistent growing, every leader in every map must do it their mission. This will necessitate personal intercession with clients and protection of the support of Imagination Breakthroughs. It will necessitate risk-taking based on deep market inherent aptitudes. Jeff Immelt along with other senior leaders studied the properties of companies that had long-run success with organic growing like Dell and Toyota. They found that they had five traits in common: They had external focal point that defined success in market footings. They were clear minds who simplified scheme into specific actions, made determinations and communicated precedences. They had imaginativeness and bravery to take hazards on both people and thoughts. They were energized by inclusiveness and a connexion with people, which builds trueness and committedness. They developed expertness in a map or sphere, utilizing deepness as a beginning of assurance to drive alteration. How to cite GE – credentials, Essay examples

Thursday, December 5, 2019

International Management Occupied a Global Space

Question: Describe about the International Management for Occupied a Global Space. Answer: The Internet has occupied a global space. Culture, on the other hand, is specific to a country or even to a state. Culture and the Internet stand in the opposite direction to each other. In todays time internet is negatively influencing the growth of culture. People are becoming more and more addicted to the internet and they are getting all the information and services from the internet. In this process, culture is losing its value and aura (Dawson, Lorne and Douglas E 2013). It can be said that the internet affects culture more. Culture comprises of customs, rituals, fashion, food and many other things. Some examples can be cited to illustrate that how the internet is affecting culture. Use of the internet is affecting the real life groups, associations, education, and economy. Instead of going to some gatherings people can, now communicate through chat, email, Whatsapp and so on. With the increase in global business, there may be some conflicts in workplaces since people from different culture and communities work in an organization. However, we can discuss the various forms of operational conflicts that might happen in an organization. People from different countries value time in different ways. Not all value the importance of reaching somewhere or doing some work on time (Trueba et al. 2014). For, examples the North Americans are very definite about their time. If someone reaches late for an interview, then the probability is that he will not get the job. On the contrary, the Latin Americans do not have much consideration for time. The definition and meaning of individualism also change with place and culture. In some countries, employees are free to work individually but in China, working together is what they advocate in organizations. The stereotypes that the foreigners have about Australians are quite age-old and illogical. It is said by many that the Australia has very less population. However, it is sparsely populated in rural areas, but the major cities of Australia have a huge number of people. The cities have people from different parts of the world and with each passing days the population is growing (Chan, Hock-Thye and Suzanne 2013). Thinking, Australia to be an island country many foreigners think that it has scanty population but the fact is not so. Apart from these, another stereotype that the foreigners have about Australians is that the Australians are self-centric. Australia has people from different culture and communities. Different festivals are also celebrated in Australia. Foreigners also think that Australians live a very relaxed life by the beach. These assumptions of the foreigners are based on their vague information about Australia. I think the foreigners are boastful in nature, extravagan t and have shallow knowledge. The role of social media is immense in promoting business communication. The social sites help in targeting the right audience in an effective way and build a relationship between the consumers and the brand. It helps the consumers to leave their comments and likes which create a transparent relation between the company and the customers. In social sites like Instagram, Facebook, and Youtube a company can post the pictures and information of their products or services, which are designed in a very lucrative way. The social sites often provide ads about the services of products of some brand, with catchy statements and taglines. This generates hype among the public and thereby the brand automatically becomes very popular (Schwartz 2013). Social media and business communication thus goes hand in hand and is always interdependent. Language and culture are interrelated. Different ideas, views, and thoughts are exchanged through language. However, it is often seen that when a baby is born, the baby learns about the surrounding culture through the language that is spoken. Societal culture is communicated through language. However, it is often found that people from the same language tend to miscommunication. This happens because language may remain same of a region, but culture may vary from person. Culture has the connection with a person's upbringing, history, his family tradition and so on (Bonvillain 2013). Therefore, based on this, a person can have a unique cultural value, and someone else can have some other cultural value based on his or her upbringing and so on. This is how people from the same language community interpret or understand in different ways. Cultural diversity plays a major role in comprehending body language. For example, in U.S.A eye contact is necessary and is taken as a positive sign in conveying interest and confidence (Banks 2015). Whereas prolong eye contact between a man and a woman in the Middle East is something wrong or is not desirable. Then there are even some cultures where a woman should always look downwards while talking to a man. The same type of body language in some other culture is seen to be something disrespectful. In some countries, small gestures play a major role (Wiewiora et al. 2013). For example, in China being serious is something normal whereas in India being serious is not desirable. In the office, these type of communication can either negatively or positively affect the business relationship. A good facial expression of a manager towards an employee can positively affect their relationship. Whereas an angry expression can unsettle things between them. Non-verbal communication is a very powerful means of communication. It includes facial expression, smiles and so on (Chira 2014). However, one has to be very cautious while using non-verbal mode of communication in different cultural setup. A prior knowledge of the culture and their customs is necessary to use non-verbal communication. It is necessary to evade any miscommunication and misunderstanding. So, while communicating via gestures, handshakes, nodding of head one has to know about the effect of such communication in that cultural setup. In China, their smile is at times very confusing, since at times when they are in some problem they keep on smiling to evade the embarrassment of the situation. Therefore, the use of non-verbal communication is not uniform everywhere and varies with diverse cultural setups. However, in almost all cultures angry face, sad face and so on has the same meaning. Risk tolerance varies from one culture to another. It is said that people with more endurance power have the ability to tolerate more risks or challenges. Across the world, there are people from different culture and background, and that decide their risk taking ability (Frijns 2013). People from Japan and Netherlands have a low tolerance towards risk. Whereas people from other parts of the world like Germany, Austria, and Belgium has more challenging attitude and can handle risky situations better than the rest. However, the ability to take risks or challenges affects the decision of managers or the management team in an organization. The risk taking ability plays a vital role in an organization and can be helpful in many ways (Hall et al. 2013). It can enable an organization to have a successful business venture. It can help an organization to hire good employees for a reasonable pay. It helps a manager to take some individual decisions and implementation of it. Germany being a country where people are mostly fine with taking risks or challenges they would not negotiate with others point of view (Heineck, Guido and Bernd 2013). Risk taking in an organization mainly affects the financial aspect of the company. A German manager in an organization would not negotiate with something that is not conducive for the growth of their business. The individual decision is something that a German manager can practice. Suppose I offer a German company a deal that is to be bought at quite a high rate. The German's would try to buy the deal at a lower price. As the German people make decisions based on the need of the industry, they do not much care about the bond of friendship in business. However, in such situation, I would try to pursue them through business meetings and making them understand the benefits of the deal and would try to build a rapport with them to have a successful business deal. Entry strategy refers to building a new trade relation with a new country. Exporting is advantageous because whatever goods are produced are all from the home country and bear less risk of financial loss in the overseas market and helps to understand the demand of the goods in the overseas market (Leih, Sohvi and David 2014). Countries like Zambia and some others are motivated to export their goods to grow their global market and earn revenues. The responsibility of doing the work fully depends on the contractor. Some of the Asian countries, as well as the Middle Eastern countries, opt for the turnkey projects since they find it helpful in producing some goods or projects. Wholly owned subsidiaries are advantageous because by adopting this policy of trade a company bears fewer chances of risks. It enables a company to have diverse businesses and in case if one business is not doing well then the parent company can rely on the other business. With the global growth of business, the idea of business expansion of a firm has good opportunities as well as some threats. The opportunities are, the firm will have a wide business expansion. There will be a global competition, and the firm will strive to do better. The firm can earn more revenue (Won, J.E and H.S 2015). The firm can build many overseas trade relations. This will, however, increase the overall visibility of the country in the world business platform. Apart from the advantages, there are some threats also for a firm to move from home-based business to global market. In an initial stage, the firm has to invest, quite a good amount of money to start with their global business, which might not be a successful one. Another threat is the issue of managing a huge workforce. The ineffective handling of the workforce can lead to business loss. Koreans are very loyal towards their culture and tradition. They are very homely and have a strong nationalistic sense (Seo et al. 2012). They mostly use cars made by their home-based manufacturers. This, however, shuns the growth of other automobile companies in Korea. Korea is a potential market for the car traders but they are quite closed culture and do not much like outside business influence. However, some strategies can be adapted to penetrate the Korean market. A company can form a joint venture with a Korean company to make a market and space in the Korean market. Joint ventures in this prospect can be an entry-level strategy. The joint venture can also help a company to understand the mindsets, likes and dislikes of the Koreans. However, apart from this, another strategy for a company would be to make a market research and reach the hearts of the Korean's by understanding their culture. Merging or collaboration is a beneficial business prospect in today's time. The reason behind this association can be many. Firstly, it is due to increase in free trade. Then there can be a support and backup. It can be helpful in creating a bigger brand and company. It can also be beneficial in reaching the world and making a mark on the global platform. Then there can be diversity in products and services. Merge up can also help in cost cutting and increase working capability of the companies. Due to merging up the production also increases and the chances of risk in a business decreases. A mutual understanding is also developed between two companies (Gomes et al. 2013). We can, however, cite some examples in this prospect. Companies like "Procter and Gambel" merged with "Gillette." Another example would be the collaboration of "Carphone Warehouse" and "Dixons." Now, the two companies after collaboration are known as "Dixons Carphone." The cross-cultural or cross-border alliance brings in some problem. The problems occur mainly due to cultural differences. However, some of them are proper management of the workforce. In this prospect, the H.R rules also come into consideration. The policies or rules cannot be uniformly implemented on all the employees. Apart from this, a conflict can happen at the management level, regarding who should have the main control over the business (Thomas, David C and Mark F 2014). This can negatively hamper the working environment in an office and initiate chaos and disturbance among the employees. To decrease the incompatibility, a company should wisely choose his partner. For this, one should know the culture of his partner company. In such cases, the board of directors selected can be from two different cultures and the H.R policies should be made keeping in mind the cultural differences (Leonard et al. 2013). Strategic implementation varies with the difference in culture and place. If the people of a country believes in working together or supports collectivism, then they would stick to their traditional views and custom. On the contrary, if the people of a country are individualistic in their approach they would take their decision based on their ideas and knowledge. The culture of a nation also influences the strategies of an organization (Barrick 2015). The collaboration of Mittal Steel and Arcelor has created one of the major steel industries in the world. In the collaboration, both the companies faced some incompatibility since they are from totally two different cultures. Arcelor had a poor view about Mittal Steels but their view changed with time and the collaboration proved to be a successful one. Due to cultural difference, France opposed the association, as France did not want a European company to tie business relation with some Asian country. References: Banks, James A.Cultural diversity and education. Routledge, 2015. Barrick, Murray R., Gary R. 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