CULTURAL DIMENSIONS IN BUSINESS LIFE: HOFSTEDE’S INDICES

Format: MS WORD | Chapter: 1-5 | Pages: 66 | 1024 Users found this project useful | Price NGN5,000

CULTURAL DIMENSIONS IN BUSINESS LIFE: HOFSTEDE’S INDICES

ABSTRACT

Ghana has lately generated huge interest globally as a preferred destination for doing busi-ness in Africa. However, like many African countries not much has been documented on busi-ness culture in Ghana. Through the use of a questionnaire based on Hofstede’s elements of national culture, the opinions of both indigenous and expatriate business executives in Ghana are ascertained in order to synthesise and profile Ghana’s business culture. The theoretical section is mainly based on the findings of Geert Hofstede analysis and ex-perimentation which consists of the following concepts: power distance, individualism versus collectivism, uncertainty avoidance, masculinity versus femininity and Confucian dynamism. The results show that power distance is relatively big and management is not easily accessible in the Ghanaian business culture. Ghanaians tend to be more collectivistic in nature and may not be too keen on the uncertainty element. Furthermore, as Ghanaians are identified to be more assertive in nature, the business culture could be said to be a very masculine one and was also shown to be a long term oriented cul-ture as far as the Hofstede’s fifth element of culture is concerned.

Introduction

A major challenge to the global business community considering trade and investment in the sub-Saharan African countries is access to credible and timely analytical information in order to make informed, knowledgeable and definitive business decisions (African Business Guide, 2009). One dimension of this challenge is the question of culture: this is very important for the international management practitioner, whose first question often is; “how do they do things out there” (Usunier, 2014). There is a general consensus that, culture has a funda-mental influence on international business practices (Omar, O., Kirby, A. & Blankson, C. 2003. 81-97). This is further reinforced by the complex implementation process of interna-tional management decisions. Therefore, improving levels of cultural awareness can help companies build international competencies and enable individuals to become more globally sensitive.

At present, data and information on business and culture issues in the African economies is scattered in multiple data sources which are often inaccessible. In an era of economic inter-relationships in Africa, fuelled by global financial transactions and joint ventures between businesses in industrialized and developing countries within Africa (Ofosu and Hansen, 2002; Mmieh and Owusu-Frempong, 2014) and with growing attraction of foreign direct investment (FDI) to developing economies in Africa, it is surprising that very little is documented about African culture and its interface with international business practices. On the Internet, the growing body of information on African business resources remains scattered and largely in-visible. Researchers may spend countless frustrating and often unproductive hours searching for such information. It is also important to know that, in order for foreign companies to suc-ceed in Africa, the “understanding and appreciating African culture is not an option but a necessity” (Nwankwo, S. 2010).

As stated by Iguisi and Rutashobya (2012), the lack of proper integration of culture in man-agement in Africa is denying Africa the resultant synergy needed in national economic, mana-gerial and social development. To solve this void of lack of information on national cultures of most African countries, which has a big influence on doing business in these countries, there is the need not only to foster research in this area, but also to make this information readily available. One way to do this would be to profile the different cultures of different African countries and make them available to those who need them. Against this background, a deci-sion was made to conduct this study with the aim of profiling one country in Africa: Ghana’s national culture.

Ghana has in the past few years witnessed progressive increases in the FDI and now, with the discovery of oil, the country has attracted a huge global interest. From colonial times till now, Ghanaians have been in contact with people from other countries especially the British. There are a lot of foreign companies in Ghana doing business in various sectors especially in the mining and manufacturing sectors. Through its historical, political, economic and social development, Ghana has evolved over time to carve its own national culture which has an impact on doing business in the country. The need for knowledge on Ghanaian national and business culture is therefore very impor-tant to those companies and those contemplating following suit. (Bond, P. 2005, 5).

1.1 Purpose of the thesis

Cultural factors have tremendous impact on businesses including management style, and have developed within the international business environment to become a major issue (Na-sierowski, W. and Mikula, B. 2014). In particular, the knowledge of the American, western European and Japanese influence on organisational management has become an essential tool for global actors. Ghana, like any country has its own business culture which invariably, is very much influenced by the national culture. It is however surprising that, like many other African countries, not much has been documented about Ghanaian business culture. It is therefore the researcher’s opinion that a study of the Ghanaian business culture will be inter-esting for academic analysis and contribute to the discourse of how national cultures affect international business. This way, the Ghanaian culture profile could be presented in order to see how it compares with others. Understanding one's own culture and the impact of culture on the actions of others is essential for effective global business interactions (ITAP Interna-tional, 2009). Knowing the cultural-profile of Ghana, therefore, will help business managers in Ghana know more about the similarities and difference between others. This will also serve as a good source of information to any individual or organisation interested in the busi-ness culture of Ghana.

DOWNLOAD THE COMPLETE PROJECT

Project information

Project Price

NGN5,000
Number of Pages

66
Number of Chapters

1-5
Additional Content

Abstract,Table of content and Questionnaire

CULTURAL DIMENSIONS IN BUSINESS LIFE: HOFSTEDE’S INDICES

Not The Topic You Are Looking For?

For Quick Help Chat with Us Now!

+234 813 292 6373

+233 55 397 8005

Search for your project topic

HOW TO GET THE COMPLETE PROJECT ON CULTURAL DIMENSIONS IN BUSINESS LIFE: HOFSTEDE’S INDICES INSTANTLY

Click on the Download Button above.
Select any option to get the complete project immediately.
Chat with Our Instant Help Desk on +234 813 292 6373 for further assistance.
All projects on our website are well researched by professionals with high level of professionalism.

Here's what our amazing customers are saying

Abdul Mateen Iddrisu

UDS

At first I taught is a site full of fraudsters until I saw my project in my Gmail after my payment.. THANK YOU IPROJECTMASTER and May God the almighty bless u guys abundantly

Excellent

Peace From Unilag

I cried not knowing how to go about my project but the day i searched online and saw iprojectmaster, i called and got my full project in less than 15minutes, i was shocked!

Excellent

Stancy M

Abia State University, Uturu

I did not see my project topic on your website so I decided to call your customer care number, the attention I got was epic! I got help from the beginning to the end of my project in just 3 days, they even taught me how to defend my project and I got a 'B' at the end. Thank you so much iprojectmaster, infact, I owe my graduating well today to you guys...

Excellent

Adam Alhassan Yakubu

UDS

Excellent work and delivery , I promise to share my testimonies everyone in need of this kind of work. You're the best

Excellent

Gbadamosi Solomon Oluwabunmi

Lasu

Swift delivery within 9 minutes of payment. Thank you project master

Excellent

Dau Mohammed Kabiru

Kaduna State College of Education Gidan Waya

This is my first time..Your service is superb. But because I was pressed for time, I became jittery when I did not receive feedbackd. I will do more business with you and I will recommend you to my friends. Thank you.

Very Good

Temitayo Ayodele

Obafemi Awolowo University

My friend told me about iprojectmaster website, I doubted her until I saw her download her full project instantly, I tried mine too and got it instantly, right now, am telling everyone in my school about iprojectmaster.com, no one has to suffer any more writing their project. Thank you for making life easy for me and my fellow students... Keep up the good work

Very Good

Samuel From Ajayi Crowther University

You guys just made life easier for students. Thanks alot iprojectmaster.com

Excellent

Musa From Ahmadu Bello University

Thank you iprojectmaster for saving my life, please keep it up and may God continue to bless you people.

Excellent

Emmanuel Essential

Kogi state University

I actually took the risk,you know first time stuff But i was suprised i received as requested. I love you guys 🌟 🌟 🌟 🌟

Very Good

View All Reviews

FREQUENTLY ASKED QUESTIONS

How do I get this complete project on CULTURAL DIMENSIONS IN BUSINESS LIFE: HOFSTEDE’S INDICES? Simply click on the Download button above and follow the procedure stated.
I have a fresh topic that is not on your website. How do I go about it?
How fast can I get this complete project on CULTURAL DIMENSIONS IN BUSINESS LIFE: HOFSTEDE’S INDICES? Within 15 minutes if you want this exact project topic without adjustment
Is it a complete research project or just materials? It is a Complete Research Project i.e Chapters 1-5, Abstract, Table of Contents, Full References, Questionnaires / Secondary Data
What if I want to change the case study for CULTURAL DIMENSIONS IN BUSINESS LIFE: HOFSTEDE’S INDICES, What do i do? Chat with Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately
How will I get my complete project? Your Complete Project Material will be sent to your Email Address in Ms Word document format
Can I get my Complete Project through WhatsApp? Yes! We can send your Complete Research Project to your WhatsApp Number
What if my Project Supervisor made some changes to a topic i picked from your website? Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately
Do you assist students with Assignment and Project Proposal? Yes! Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately
What if i do not have any project topic idea at all? Smiles! We've Got You Covered. Chat with us on WhatsApp Now to Get Instant Help: +234 813 292 6373
How can i trust this site? We are well aware of fraudulent activities that have been happening on the internet. It is regrettable, but hopefully declining. However, we wish to reinstate to our esteemed clients that we are genuine and duly registered with the Corporate Affairs Commission as "PRIMEDGE TECHNOLOGY". This site runs on Secure Sockets Layer (SSL), therefore all transactions on this site are HIGHLY secure and safe!