The world of business is changing and organizations are finding cross-border mergers are greatly different from their domestic acquisitions. The influence of national culture can be dramatic and leaders are discovering those differences can have a great impact on the success or failure of the partnership. The success of a partnership depends on many classical factors such as financial risk, legal liabilities, and capability to deliver. The participants in this study demonstrated few of the studied organizations understand the other organizations business or national culture and that inability to understand has had a tremendous cost to multinationals in both money and success. The purpose of this study was to address the shortcomings of partnership effectiveness by exploring the relationships and effects of business and national culture in partnerships and the efforts expended during due diligence to identify potential problems. The study results indicate many of the problems organizations face could have been discovered early and allowed for the establishment of programs necessary to address cultural issues before they become organizational problems.
|Commitee:||Keyes, Jessica, Tiemann, Marie|
|School:||University of Phoenix|
|School Location:||United States -- Arizona|
|Source:||DAI-A 74/09(E), Dissertation Abstracts International|
|Subjects:||Multinational corporations, Management|
|Keywords:||Business culture, Due diligence, Multinational ventures|
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