answersLogoWhite

0


Best Answer

Comparative management analyzes the extent to which management principles are applicable from one country to another. Since the leader in the development of management principles is the United States, comparative management seeks to determine the applicability of American know-how to foreign locales. Although the concept of comparative management evolved in the late sixties, it continues to be the subject of considerable debate.

. In other words, the universality of management science allows it to be transferred from one locale to another. Management is universal because it is critical to the successful operation of an organization. The "universalist" school of management theory believes that certain management principles are fundamental and can be transferred to any organized form of human activity.

In contrast to the universalists are those who believe that management practice is culture bound. Cultural differences in various countries exert a si

Comparative international management is the field of inquiry that focuses on differences

in management and organization between countries. By now, there is sufficient awareness

of the usefulness of studying management and organization in an international

context. Also, the use of comparison to aid explanation and to enhance understanding of

social phenomena has always been recognized as a valuable tool of social scientific

research and hence as an end in itself.

For at least the last twenty years, the literature has yielded diverse positions on the transferability of modern management principles into different cultures. A review of the research shows that most cross-cultural studies are actually cross-national studies which means comparing socio-cultural, political, and economic systems and not just culture. Two of the more important models are described in terms of the role of culture--the Farmer-Richman model and the Negandhi-Prasad model. One of the models identifies management as a dependent variable, and the other as an independent variable. The research was conducted to contribute to a resolution of this difference. The research design isolated the role of culture by controlling for the political, economic, and educational variables.

"Comparative International Management" provides the reader with a broad coverage of comparative international management topics focusing on a number of key issues, such as differences in management styles, organizational structures, corporate governance, production systems, corporate strategy, labour relations, and human resource issues in different countries. In doing so, the text uses a cultural-institutional explanation to clearly highlight the reasons why countries differ, allowing the reader to appreciate the importance of management in international and globalising economies.

User Avatar

Wiki User

βˆ™ 13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Why do you think comparative management is important in today's international scenario?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the existing management scenario in Nepal?

rice


For management movement to develop it is essential that there should be empahsis on participative management analyze this statement in the context of present management scenario citing examplex?

"For Management Movement to develop it is essential that there should be emphasis on participative management." Analyze this statement in the context of present management scenario, citing examples.


What is project management and scenario planning?

What is meant by project management and how it diffiers from the management of a typical functional department within the organisation


What is the trends and challenges of management in the global scenario?

podang koodhi......


Discuss the Importance of personnel management in the present economic scenario?

Searching for answer


Where does India stand in international scenario in child abuse?

kotowoti lynfigh.


What is world media scenario?

Type your answer here... it refers to the complex international media scenario of media and its cultural and historical effects upon the globe.


What are the finance topics for BBM project work?

Activity-based costing and management Capital structure Comparative Balance sheet Comparative Valuation. Corporate lending Creating Value through Financial Management Cost Reduction and Control Corporate finance Capital budgeting Computational finance Debtor management Dependence on external finance: an inherent industry characteristic? EQA Earnings quality Analysis Fundamental Analysis to Assess Earnings Quality Financial Modeling of a company for last 10 years, leading to a analysis of its ratios. Financial Planning and forecasting International business International finance Investment banking Investment management International Banking, Foreign Exchange, Monetary Economics, Micro Finance, Rural Finance Industry analysis and company analysis on a scenario basis, competitiveness, growth potential and credit analysis Liquidity Analysis New Financial Approaches for the Economic Sustainability in Manufacturing Industry Optimization Methods in Finance Project Finance as a Tool for Growth Ratio Analysis Research in Risk management, Banking, Derivatives etc Structured Finance The Effects of Financial Constraints on Corporate Investment Decisions and Demand for Venture Capital Virtual finance Working Capital management Zero Base Budgeting


Management case study?

list the major barriers you see to implementing decentralization in scenario A.


Compare and contrast scenario planning and project management with particular emphasis on the implications of these techniques for the manager and the organization?

Compare and contrast scenerio planning and project management


What is the most important step when creating a scenario?

define the correct


Could you give me a scenario with time management?

when you wake up in morning and only have a certain time to do something