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6) Geert Hofstede is well-known as a cultural expert. Identify his 5 cultural dimensions and explain two of those. Why is it important to know and understand cultural differences? Would international business management “suffer” without this knowledge Hofstede has provided? (550 words)
7) Five different ethical theories were described in your readings from week 8. Choose of these theories and explain why you think that theory best fits international business management and multicultural relations. How would you, as a business manager, use this theory to make decisions in the international environment? (550 words)
8) Is it important to consider cultural differences when conducting an international human resource strategy? Why or why not? (500 words)
Articles
IMF/ World Bank: http://www.globalization101.org/category/issues-in-depth/imfworld-bank/.
The Origins of the IFIs: http://www.globalization101.org/the-origins-of-the-ifis/.
The International Monetary Fund: http://www.globalization101.org/the-international-monetary-fund/.
The World Bank: http://www.globalization101.org/the-world-bank-2/
Introduction to Foreign Direct Investment: www.nber.org/chapters/c6531.pdf.
Positive Effects of Foreign Investment (read all topics/pages): www.cis.wtamu.edu/home/index.php/swer/article/viewFile/54/48.
Financial Volatility (read all topics/pages): www.imf.org/external/pubs/ft/wp/2013/wp1329.pdf.
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