Multiculturalism and diversity management Essay

Multiculturalism and diversity management - Essay Example This also touches on the issues concerning the company’s expansion in Japan and Germany including economic and political concerns and the methods that can be utilized for the success of the expansion. Multiculturalism and Diversity In this era of globalization, diversity has been a hot topic to everyone, especially to industries that participate in the global market. As we all know, almost everything today is made in the world’s largest workforce – China. This reality has been an effect of globalization, making the globe as a giant melting pot. (Gamble, 2002, p 19) Corporations that venture into global expansion face cultural issues with the hosting countries. Since cultural difference is a major issue on this endeavour, managing multiculturalism and diversity plays an important part on global expansion. This enables the expanding corporations to understand the cultural difference of the hosting country from their own culture which allows them to view the strengt hs and the downsides of the endeavour that prepares them to manage the possible issues successfully. (Gamble, 2007, p 43) Importance of Multiculturalism and Diversity Management on Global Expansion Multiculturalism and diversity management is an integral part of global expansion. Multiculturalism and Diversity Management 3 This gives the managers and staff of a company to be able to interact to their hosting countries accordingly, without taking the hosting countries’ culture for granted. This provides a more fertile ground for growth of new ideas instead of a culture that is comfortable only with ‘likeness’. As globalization becomes a hot topic in the business world, companies realize that knowing the cultures of countries that host their offshore sites is and essential part of global expansion to avoid embarrassment, legal offenses that can lead to loss of business and some other important factors to become successful in their endeavour. As a company, the trans fer of their technology, practices and beliefs to their hosting country is not enough in order to succeed in the global expansion. Cultural differences surely come into play that could create friction in the workplace. Economic Concerns Technology is one of the so many economic concerns multinational companies face during global expansion. Some businesses choose to expand internationally to take advantage of the lower cost of labour in developing countries; they need to plan for intermediate and appropriate technology. They should match a country’s resources or may choose to invest in a country that is at par with the current technology being used. (Gamble, 2007, p 76) Financial management is another economic concern MNC has during global expansion. This concern is a little challenging as countries change in value due to currency exchange rates. Managers of MNC should have a deep understanding in currency values, financial tools like derivatives, hedges, payment timing, price adjustments and balance sheet neutralizing. (Gamble, 2007, p 78) Multiculturalism and Diversity Management 4 Political Concerns Total quality respect is an integral part of a company expanding globally. Since culture varies from one country to another, respect to one’s beliefs is an essential aspect in order to manage an MNC. Political concerns like religious beliefs and humanity are two of the most common concerns MNC overlook in their international expansion. Managers of MNC should be open to different ideas and beliefs to avoid political

Informative Speech about Apple Watch Essay Example | Topics and Well Written Essays - 750 words

Informative Speech about Apple Watch - Essay Example Apple watch work like the iPhone, it allows one communicate and connect with other people with apple watches. This watch is the best companion for people who need large print options, mono audio, and speech output among other accessibility options. Apple watch is Quadrangular in shape with curved edges. The apple watch is worn on the left wrist. The left edge has a speaker slot and across the â€Å"friends† button, the microphone slit can be seen. At the right edge, the top has a round digital crown while at the bottom an oval sided â€Å"friends† button. The top face contains a touch screen with a screen editing feature at the curved sides. The back face has a magnetic charger and sensor devices. Pin holes (two) on each side to allow detachment of bands by simply pressing on them. The apple watch is smooth and fans to wear on the wrist. It looks more of a piece of glass. The Digital interface is easy to operate, by reading the documentation one can easily set it up. Most actions are accomplished by either turning or pressing. The â€Å"friends† button is operated by pressing. Connecting the magnetic charger of other Company watches is complicated than the Apple watch. By the help of the magnet, the connection can be corrected by being moved to the required position, the sunken edge at the side helps one identify the correct charging area. The touch screen is sapphire-glass protected and has resolution features with colorful exploration making it a fashionable piece to wear while the features enable the use of gestures to communicate. I direct my talk into Apple and sport watch dimensions. The apple watch sport is much lighter and the best for outdoor. It has leather loop band and a rubber band to hold tight but smooth without causing possible injuries to your wrist during a walk out, in athletics or even in the gym. The sizes vary, 38 millimeters and 42 millimeters and one can choose what he/she feels attracted. The