Cross-Cultural Practices in Business and Finance: Frameworks and Skills

This textbook covers the effects of culture on business practices and introduces students to the cross-cultural and international dimensions of working internationally, equipping them with the skills to lead effectively in cross-cultural contexts. It covers important aspects of doing business across cultures, such as technology adoption, organizational forms, financial and accounting approaches, negotiating practices, ethics, and working and studying abroad.

Format: Paperback / softback
Length: 184 pages
Publication date: 15 March 2023
Publisher: Springer International Publishing AG

This comprehensive textbook delves into the profound impact of culture on business practices, providing students with an insightful introduction to the cross-cultural and international dimensions of working in a globalized world. As conducting business across cultures has become an essential aspect of modern organizations, managers must cultivate and acquire the skills necessary to lead effectively in diverse and multicultural contexts. This textbook aims to equip readers with the necessary tools to achieve this goal through its practical and situational examples, which encompass countries and regions from around the globe. By exploring the cultural and business practices of individuals from different backgrounds, ethnicities, diversities, educational levels, and social strata, readers will gain a deep understanding of the complexities involved in conducting business across borders.

The textbook covers a wide range of important topics related to doing business across cultures, including the role and significance of technology adoption, various organizational structures, financial and accounting approaches in different parts of the world, negotiating practices, ethics, and working and studying abroad. Furthermore, it goes beyond the typical discussions of high and low contexts, power distance, uncertainty avoidance, and other dimensions of cross-cultural interactions, offering readers a more nuanced understanding of cross-cultural nuances.

The authors of this textbook bring a wealth of experience and expertise to the table, having lived and worked in numerous countries. Their backgrounds in linguistics, communication, and financial accounting provide unique perspectives that are not readily found elsewhere. This richness of knowledge and experience is seamlessly integrated into the textbook, offering readers a comprehensive and well-rounded understanding of the cross-cultural business landscape.

To enhance the learning experience, the textbook is organized into several chapters, each focusing on a specific aspect of doing business across cultures. Each chapter includes case studies, end-of-chapter exercises, multiple-choice and short-answer questions, and other interactive elements to facilitate student engagement and comprehension. These resources not only reinforce the key concepts discussed but also encourage readers to apply their knowledge in real-world scenarios.

In conclusion, this textbook is an invaluable resource for anyone seeking to develop cultural intelligence and succeed in the global business landscape. It provides a comprehensive and practical understanding of the effects of culture on business practices, explores the cross-cultural and international dimensions of working, and equips readers with the skills and knowledge necessary to lead with cultural intelligence. Whether you are a manager, entrepreneur, or aspiring professional, this textbook will be a valuable companion on your journey to success in a diverse and interconnected world.

Weight: 320g
Dimension: 235 x 155 (mm)
ISBN-13: 9783031064395
Edition number: 1st ed. 2023