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Ob in Ukraine Essay

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Below is an essay on "Ob in Ukraine" from Anti Essays, your source for research papers, essays, and term paper examples.

Number of international companies is growing every year.   There is a number of reasons why companies choose to operate internationally: lower costs, satisfy more different kinds of clients, raise innovation and creativity, etc. Despite the multiple benefits there are some challenges for the managers -   coordinating people from different backgrounds and coping with different cultures communication styles.   During business interaction it's important not to neglect cultural peculiarities, otherwise interpersonal conflicts and communication breakdown may arise. In this essay I would like to focus on Hofstede's culture model, and in particular on the dimension of power distance in the setting of Ukrainian corporate culture.   Hofstede defines power distance as "the extent to which the less powerful members of institutions and organizations within a country expect and accept that power is distributed unequally.
At present, Eastern European countries are by far the most attractive direct and portfolio investment destinations, with exciting opportunities for business development and expansion. Among these countries, Ukraine is undoubtedly one of the leaders. There is a number of reasons for this: mild Ukrainian climate and one of the most fertile soils in the world, that fosters the development of agricultural business,skilled and competent workers with the average salary lower than in other developed countries, favorable location at the crossroads of Europe and Asia.
Under conditions of market economy and fierce competition on the post-Soviet Union domain,   it is necessary to create corporate culture to keep up with the growing competition. Almost all of the Ukrainian enterprises were government owned during the Soviet Union Era, after its collapse a lot of companies were privatized. Although management style is undergoing changes, the whole process is slow. Few companies still prefer to manage according to the autocratic Soviet Union model,   most try to implement...

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