What is national culture and organizational culture? When a U.S.-based sport business operates in another country (e.g., MLB Japan), in what ways might these two types of culture overlap or separate?
How does corporate social responsibility (CSR) play a role in overseas business operation? Illustrate an example.
Sample Solution
National culture is the shared set of beliefs, values, and norms that exist in a particular country. It is the collective way of life that is shared by citizens of a nation and influences how people think, act, and interact with each other.
Organizational culture refers to the values, beliefs, attitudes, and behaviors that make up an organization's internal environment. It can be used as a tool for creating a successful working environment or for instilling high standards of performance within an organization. Organizational culture can be shaped by management style, company mission statement, employee diversity and teamwork initiatives.