|Project Title:||Research on cross-cultural conflict management of multinational enterprises a case study of X Company|
|Advisor:||Associate Professor Li Chiao-Ming|
|Degree:||Master of Business Administration|
Qian, Xi. (2017). Research on cross-cultural conflict management of multinational enterprises a case study of X Company. (Independent study, Master of Business Administration). Bangkok: Siam University.
With the globalization of the economy, joint ventures continue to grow globally. Because business people are from different cultural backgrounds, they often have different attitudes toward some of the fundamental issues of business operations, for example business objectives, market choices, management methods, style of doing things, operating arrangements, etc. They bring buried crises to the management of enterprises. Cross-cultural conflict is a reaction that comes from the different culture clashes in international management. Whether in daily management, major business decisions or at the beginning of transnational mergers and acquisitions, there are often discordant factors, conflicts and sparks. These factors often cause multinationals to face setbacks and even failures in the practice of the business. Due to the global economy and diversified operation of transnational enterprises, intercultural conflicts frequently occur in international enterprises. Cross-cultural conflict has become the core issue that cannot be avoided in the transnational corporation management process. In face of the venture of cross-cultural shock, it is helpful for transnational enterprises to promote in-depth cross-cultural management if they do some analysis about the formation’s social background and factors. It is important for transnational enterprises to absorb advanced corporate culture and improve the core competitiveness of enterprises. Using the example of the branch of Bangladesh multinational X company in China, this text will study the reason for cultural conflicts in transnational enterprises and find the best way to resolve these conflicts.
Keywords: Culture, Conflict Management, Risk Management.
Research on cross-cultural conflict management of multinational enterprises a case study of X Company
International Master in Business Administration (IMBA), Siam University, Bangkok, Thailand