d) Use 5 dimensions of Hofstede's model of national cultures to assess Ford Motors presence in CHINA
Fantastic news! We've Found the answer you've been seeking!
Question:
d) Use 5 dimensions of Hofstede's model of national cultures to assess Ford Motor’s presence in CHINA AND UAE. Evaluate the national culture of both countries and discuss how they differ from Ford Motor's home county culture, according to Hofstede.
e) Explain how these differences can have an impact on the HRM practices of the company in CHINA and the UAE, support your answer with clear arguments.
Transcribed Image Text:
Ford Motor Company has been in business for over 100 years and when it comes to a global mind-set, Ford is ahead of most of its competitors. For a number of historical reasons, over the years Ford evolved into a collection of country and regional fiefdoms. Early in its history, Ford was like many large firms, which often sent people off to other major countries to run a company just like the one back home. The first Henry Ford, the founder of the Ford Motor Company, was in many ways an internationalist, because within a very few years of establishing the company in the US he was opening assembly and manufacturing plants all over the world-the first of which was a Model T assembly plant in Trafford Park, England, in 1911-that were essentially smaller versions of the original company in Detroit. But by the mid-1920s a sense of local pride had developed in countries around the world. Countries began to develop their own automotive companies. Suddenly, there were automotive companies in the UK, in France, Germany, Australia, and they were all making their own vehicles. Nations wanted to assert their independence and saw the automotive industry as a means of investing in their own economies. The Europeans exported, the Americans exported, and that's how the competitive game was being played. (This was the beginnings of the "multidomestic" structure for large multinational corporations, as explained in this chapter.) In the 1960s, though, regionalism began to develop, with the emergence of the European Common Market, NAFTA, ASEAN, and other regional trading groups. Countries kept their own political systems and social values but formed economic trading biocs. So ... big companies established regional headquarters within the various major trading blocs. Ford Europe was established in this period. This was when most of the regional and functional fiefdoms (with each region becoming very independent) became firmly entrenched at Ford. (This is what is referred to in the text as the "regional" corporate structure, an extension of the "multidomestic" structure.) The fiefdoms were excellent at what they did: they squeezed every last ounce of efficiency out of the regional model. For example, back in the period of nationalism, Ford had multiple accounting activities around the world there were fifteen in Europe alone. The regional model got it down to four: one in Europe, one in the US, one in Asia-Pacific, and one in South America. But even with that efficiency, Ford felt that the model didn't work any more. Today Ford is moving to a fourth stage of economic evolution with the globalization of all aspects of its international operations: capital, communications, economic policy, trade policy, human resources, marketing, advertising, brands, etc. The auto industry around the world has become Ford Motor Company has been in business for over 100 years and when it comes to a global mind-set, Ford is ahead of most of its competitors. For a number of historical reasons, over the years Ford evolved into a collection of country and regional fiefdoms. Early in its history, Ford was like many large firms, which often sent people off to other major countries to run a company just like the one back home. The first Henry Ford, the founder of the Ford Motor Company, was in many ways an internationalist, because within a very few years of establishing the company in the US he was opening assembly and manufacturing plants all over the world-the first of which was a Model T assembly plant in Trafford Park, England, in 1911-that were essentially smaller versions of the original company in Detroit. But by the mid-1920s a sense of local pride had developed in countries around the world. Countries began to develop their own automotive companies. Suddenly, there were automotive companies in the UK, in France, Germany, Australia, and they were all making their own vehicles. Nations wanted to assert their independence and saw the automotive industry as a means of investing in their own economies. The Europeans exported, the Americans exported, and that's how the competitive game was being played. (This was the beginnings of the "multidomestic" structure for large multinational corporations, as explained in this chapter.) In the 1960s, though, regionalism began to develop, with the emergence of the European Common Market, NAFTA, ASEAN, and other regional trading groups. Countries kept their own political systems and social values but formed economic trading biocs. So ... big companies established regional headquarters within the various major trading blocs. Ford Europe was established in this period. This was when most of the regional and functional fiefdoms (with each region becoming very independent) became firmly entrenched at Ford. (This is what is referred to in the text as the "regional" corporate structure, an extension of the "multidomestic" structure.) The fiefdoms were excellent at what they did: they squeezed every last ounce of efficiency out of the regional model. For example, back in the period of nationalism, Ford had multiple accounting activities around the world there were fifteen in Europe alone. The regional model got it down to four: one in Europe, one in the US, one in Asia-Pacific, and one in South America. But even with that efficiency, Ford felt that the model didn't work any more. Today Ford is moving to a fourth stage of economic evolution with the globalization of all aspects of its international operations: capital, communications, economic policy, trade policy, human resources, marketing, advertising, brands, etc. The auto industry around the world has become
Expert Answer:
Answer rating: 100% (QA)
dCultures around the world are getting more and more interconnected and the business world is becoming increasingly global For managers this means that they should be able to work with a large variety ... View the full answer
Posted Date:
Students also viewed these business communication questions
-
The presence of additional nitro groups can have an impact on the temperature at which a nucleophilic aromatic substitution will readily occur. Consider the following example. When both R groups are...
-
How does financial accounting have an impact on society?
-
In what ways does technology have an impact on process design? Layout design?
-
Divalent carbon species called carbenes care capable of fleeting existence. For example, methylene: CH2, is the simplest carbene. The two unshared electrons in methylene can be either spin-paired in...
-
A sample of n = 40 is selected from a normal population with = 75 msec. and s = 12, and a treatment is administered to the sample. The treatment is expected to increase scores by an average of 4...
-
For each of the triangular elements of Figure,(a) Calculate the shape functions.(b) Determine the coefficientmatrix. (0.5, 1) (1, 2) (2.5, 2) (1, 0.25) (2.0.4) (0. 0) fa) (b)
-
Use the information from the balance sheet and income statement below to calculate the following ratios: Current ratio Acid-test ratio Times interest earned Inventory turnover Total asset turnover...
-
Joan Locker and Bill Dasher organized the Arizona Land Development Company (ALDC) on January 2, Year 1. They contributed land with a market value of $300,000 and $100,000 cash for all of the common...
-
1.XYZ Corp. just paid an annual dividend of $3 per share on its common stock. This dividend is expected to grow at a 10 percent annual rate for two years, after which it is expected to grow at a 6...
-
For 2021, Essence Company, a calendar year taxpayer, will change from the cash method for tax purposes to the accrual method. At the end of 2020, Essence showed the following items. Accounts...
-
Round the number to the given place value. 45.2176 Whole number STEP 1: If the digit to the right of the given place value is less than 5, that digit and all digits to the right are dropped. If the...
-
The mean defined in the text is sometimes called the arithmetic mean to distinguish it from other possible means. For example, a different mean, called the geometric mean (G.M.), is used in business...
-
Read the man page or other documentation for the Unix/Windows utility netstat. Use netstat to display the current IP routing table on your host. Explain the purpose of each entry. What is the...
-
Suppose two learning bridges B1 and B2 form a loop as shown in Figure 3.50 and do not implement the spanning tree algorithm. Each bridge maintains a single table of address, interface pairs. (a) What...
-
What properties of postal addresses would be likely to be shared by a network addressing scheme? What differences might you expect to find? What properties of telephone numbering might be shared by a...
-
One of the purposes of TIME_WAIT is to handle the case of a data packet from a first incarnation of a connection arriving very late and being accepted as data for the second incarnation. (a) Explain...
-
QUESTION-3 (20 PTS): 3. What is a bond? Explain the relationship between bond interest rates and bond yields. Also briefly list the important parameters (variables) in a bond issuance/transaction?
-
What is the shape of the exponential distribution?
-
The following data from Lyre Ltd's accounts relates to two assets at 30 June 2023. At 30 June 2023 Lyre Ltd decides to adopt the revaluation model for both these assets. On this date land has a fair...
-
On 1 January 2023, Blue Jay Ltd revalued land from \(\$ 300000\) to \(\$ 500000\). On 1 January 2024, the company subsequently revalued the land to \(\$ 420000\). And on 1 January 2025 , the company...
-
Parakeet Ltd has recently acquired a machine for an invoice price of \(\$ 70 \mathbf{0 0 0}\). Various other costs relating to the acquisition and installation of the machine include transportation,...
Study smarter with the SolutionInn App