Global Cultural Business Analysis- Colombia - 4804 Words

GLOBAL BUSINESS CULTRUAL ANALYSIS - COLUMBIA Morgan Williamson BUSI604_B16 – INTERNATIONAL BUSINESS Dr. Preacher Abstract This paper allows the opportunity to take an in depth look into the culture of the country of Columbia and how the culture affects business within the country and how it ultimately compares and contrasts with The United States. The research is broken down into four areas: The major elements and dimensions of culture in Columbia; how these elements and dimensions are integrated by locals conducting business in Columbia; a comparison of culture and business of Columbia and The United States; and finally implications for US businesses that wish to conduct business in Columbia. It is the author’s desire that this†¦show more content†¦Columbia has a high uncertainty avoidance score (UA), which means they are seeking to avoid ambiguity as a nation. UAA is also reflected in religion. (Columbia-Geert Hofstede). Language and Communication The official language in Columbia is Spanish. All Columbians speak Spanish except the indigenous populations. The upper social classes speak English in the major cities, but it is not commonly used nor understood well. Outside urban areas, Spanish is the only mode of communication. Columbia also has over 200 indigenous languages and dialects. Religion The dominant religion in Columbia is Roman Catholic, with over 95% of the population practicing Catholicism. The Spanish began the conversion to Roman Catholic in the sixteenth century and institutionalization of Catholicism was a high priority. Until 1991, the Columbian constitution designated the Roman Catholic Church as the state church. Afterwards, two articles were added to provide freedom of worship. The overwhelming Catholic belief correlates with the high uncertainty avoidance score and the belief in only one truth. The church has historically been influential over personal affairs such as marriage and family life, education, social welfare, and union organization. At the beginning of Columbia’s independence, the only bank in existence was run by the church, which made loans to estate owners.Show MoreRelatedCorporate Image And Sustainability : An Organization1955 Words   |  8 Pagesimage and sustainability rest greatly on the manner in which they respond a nd manage allegations of legal, social and ethical misbehavior. The reputation of an organization is a primary feature of its ability to operate and function successfully in a global context. When accused of ethical impropriety, it is not uncommon for an organization to errect a stance of denial, excuses, and justifications. The typical reactions of corporate entities seek to â€Å"†¦defend their actions and image† (Eweje Wu, 2010Read MoreThe Role Of Aviation Industry : A Developing Country Based On Agriculture And Oil Reserves3368 Words   |  14 PagesExecutive Summary The paper is on an analysis of role of aviation industry in Colombia and United Arab Emirates. Colombia is a developing country based on agriculture and oil reserves. In the past, they had many internal problems with guerillas, and cocaine smuggling. But, now Colombia is safer and has diversified there industries, and is mainly focusing on tourism and aviation. UAE on the other hand, is a fast developing nation with the second largest economy in the Middle East. They have majorRead MoreMarketing Plan Juan Valdez7239 Words   |  29 Pageswe made this marketing plan is first to meet an academic requirement and the effect of developing expertise in formulating marketing plans, and as a result of this marketing plan will inevitably improve our curriculum. 1.1.2 Prepare the SWOT analysis. SWOT ANALYSISJuan Valdez Cafà © | Strengths * Excellent technology, committed with quality standards. * Good reputation in the market. * Production * Sponsored by Federacià ³n Nacional de Cafeteros, years of history. | Weaknesses * CapacityRead MorePorters Five Forces1237 Words   |  5 PagesThe global economy and closely tied emerging socio-factors continue to cause a decline in demand for soft drinks. This paper will utilize Porters Five Forces Model and the PEST analysis to determine whether or not these external pressures have created an attractive industry (NAICS) and what barriers exist. According to Beverage Digest, the industry continues to consolidate as companies compete for fewer sales. This is a long-term positive for the industry as it decreases competition and givesRead MoreThe Bhp Billiton : Second Biggest Mining Company1624 Words   |  7 Pagescopper, coal, petroleum and Iron ore. Furthermore, BHP Billiton is a worldwide mining company therefore it business operations is not confined inside the borders of one country. PESTAL Analysis Political The globalized companies such as BHP Billiton are vulnerable to the problems created by political influences. The political elements does huge influence on BHP Billiton’s business activities such as gain access to a secure reserve of energy which vital to the company growth (BHP BillitonRead MoreA Review on the Social Performance of Coca-Cola Essay3218 Words   |  13 Pages Communication in Business 100 Semester 1, 2010 - Bentley Assessment 1: Critical Essay A Review on the Social Performance of Coca-Cola (Word count: 1787 words)   Ã‚  Ã‚  Ã‚   Corporate Social Responsibility: An examination of the performance of Coca-Cola Coca-Cola is a brand that needs no introduction; being in existence since 1886, it has since grown into one of the world’s most powerful brands. Over the years, as Coca-Cola grew larger, so did the number of stakeholders; thus increasing the importanceRead MoreThe Current Situation in Columbia Essay3839 Words   |  16 PagesColombia is not the only country with a negative image in developed countries. Each day, there are news about the social, environmental, political aspects of a destination and it creates an idea in people’s minds, this could be either positive or negative depending on the individual and its background. Countries can develop image branding or increase the advertising power but one image can change anything they have worked for. We believe this is the problem the Colombian government has to fightRead MorePersonal Cultural Orientation16493 Words   |  66 PagesPersonal Cultural Orientation, Destination Brand Equity and Revisit Intention: The Case o f Cali, Colombia Dissertation Proposal Adolfo Rudy Cardona TUI Abstract This study investigates perceptions by tourists to travel destinations based on personal cultural orientation and its effect on destination brand equity ( i.e., image, value and quality) and tourist behavior. Likewise, it attempts to explore the possibleRead MoreDifferences Between Family And Family Systems3063 Words   |  13 PagesPart 3:Culture/Language (4%, 3-5 pages) 1. Marriage/Family Systems Colombia just like most Latin American countries, they value family very important since it follows the Roman Catholic church teams by which they bid by. Most Colombians tend to have a nuclear family which basically concepts of the father, mother, and children as the main basic household unit. Majority of families that adopt to the nuclear family system are families in urban areas where it is much more developed and both parentsRead MoreThe Advertisement Of Coca Cola Essay1541 Words   |  7 Pagesvisual art perspective. Coca-Cola is a carbonated soft drink and it was created by a pharmacist named Dr. John Pemberton in Atlanta, Georgia in 1886. Originally, it is intended to be a patent medicine. According to the study of inter-brand’s best global in 2015, Coca-Cola was the world s third most valuable brand. Coca-Cola’s advertising has significantly affected American culture, and it is frequently credited with inventing the modern image of Santa Claus as an old man in a red-and-white suit