Title: MNC entering India (vodafone)
|Date:||September 5, 2015|
|Length:||6 / 1688|
|No of views:||0|
|Essay rating:||good 0, average 0, bad 0 (total score: 0)|
Initially Hofstede zeroed in upon four factors -
1. Power Distance (PD),
2. Uncertainty Avoidance (UA),
3. Individualism (IND) and
4. Masculinity (M).
Later on he added a fifth dimension as well. This fifth dimension arose out of his interactions with Chinese workers who as a general rule gave great weightage to their Confucian beliefs...
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Confucianism as such lays stress upon Long Term Orientation. Hofstede found it worthwhile to take up this fifth dimension as well since he found that this dimension is relevant in the workplace in both Confucian and non Confucian societies.
Hofstede's view is that in strategic terms before, while and after forming the resultant organization the management needs to examine, introspect and understand that both the nations would have different scores on these five basic values in the work place...
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