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The Role of Cultural Values in Business and Society Cover

The Role of Cultural Values in Business and Society

Open Access
|Dec 2024

Abstract

For managers or business people visiting a foreign country, understanding national values through surveys like Hofstede’s (1980) can be extremely beneficial. These surveys identify the acceptable values, ideas, and behaviors in a country, which helps avoid offending locals. Hofstede identifies four value dimensions, while the GLOBE survey (House, 2004) identifies nine. Additionally, a country’s cultural values can be inferred from people’s statements about their culture and what is rewarded or punished in various institutions. Values are embedded from the culture in the process of socialization and, once learned, tend to be resistant to change. A society’s institutions carry the culture’s values in their ideologies. Value differences between members of different cultures can lead to misunderstandings and conflict.

DOI: https://doi.org/10.2478/raft-2024-0053 | Journal eISSN: 3100-5071 | Journal ISSN: 3100-5063
Language: English
Page range: 515 - 521
Published on: Dec 18, 2024
In partnership with: Paradigm Publishing Services

© 2024 Aniela Ioana Corlăteanu, published by Nicolae Balcescu Land Forces Academy
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.