Developing countries in adopting strategic management

Assignment Help Strategic Management

Reference no: EM133208776

Assignment:

It has to be noted that quite a few scholars doubt whether existing Western management practices can and will work in emerging markets. Further it has long been recognized that culture is a major source of differences in measurement, reporting standards and methods.

Required:

Using Hofstede's 5 dimensions of culture, critically discuss the likelihood of local firms based in developing countries in adopting strategic management practices as a means of attaining competitive advantage.

Reference no: EM133208776

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