Cross-Cultural Management Report Assignment Example | Topics and Well Written Essays - 1500 words

Cross-Cultural Management Report - Assignment Example The report is a step by step guideline on the influence that cultures have on the development and completion of projects. It follows research that looks at a case study of six Brazilian international companies. Projects from these six companies have different outcomes across continents, and the impact of different cultures on them are analyzed. In the end, the report emphasizes the importance of multi-cultural understanding and integration that ensures the success of projects. It also wraps up in an explanation of the reasons why it is important to know how to manage people from different cultures. It cites that globalization of companies is a norm in the present day business world (Holden, 2002). The research paper, a study on Brazilian Multinationals, and the cultural challenges they face in managing global projects, looks into the internationalization of Brazilian companies. This growth in the company depends on the need to manage multicultural teams. The biggest challenge in the literature study of this topic of development is the lack of theoretical development in this field. It is a new phenomenon that is growing at a very high rate and has caught many researchers by surprise, giving them very little time to study multicultural influences on projects. The research looks at the relationship between management of project teams and the characteristics of different cultures across the globe. It evaluates the role of managers in hiring and the planning, development, and deployment of projects on an international scale. It also looks at the major challenges facing six Multinational companies in their endeavors to achieve success in the international arena. The researcher choo ses Brazil because it is a developing country (Rodrigues, 2012). Developing countries had no Foreign Direct Investment before 1980 and were known to deal locally in all their business ventures. However, there has been a significant change in this trend, to the extent where