Social Entrepreneurship

Social entrepreneurship is the practice of making an endeavor to help and provide solutions to the problems of society. Social entrepreneurship makes use of the various entrepreneurial principles in order to create an endeavor, organize and manage it to promote change in society.  The difference between a social entrepreneur and a business entrepreneur is that the former does not just aim to make profit, but he truly aspires to make a positive impact on society. Objectives of Social Entrepreneur The objectives vary from one social entrepreneur to another, depending on… Read More

Entrepreneurship Phases

There are several aspects of entrepreneurship such as legal aspects, developmental aspects and global aspects. In addition to these aspects there are six phases of entrepreneurship which every entrepreneur must go through in order to become successful. Let us now review these most basic and essential entrepreneurship aspects and phases. Legal Aspects Intellectual properties must be secured and protected, find out what these are and have them patented and copyrighted as soon as possible.  Legal aspect includes copyright protection for your assets by registering them with the copyright office. Have… Read More

Key Entrepreneurship Qualities

Entrepreneurs possess qualities that make them successful at what they do. Training, discipline, environmental influence, and drive are some of the key aspects of an entrepreneur. It is imperative that those who aspire to become an entrepreneur should basically possess these essential qualities. With a commitment to change, develop, and acquire these qualities, you could make a big difference in your life. The following qualities will help you familiarize with the key values required to achieve success in entrepreneurial endeavors. Top Seven Qualities of Entrepreneurs While there are many qualities… Read More

Entrepreneur Characteristics

To make our dreams come true, there are certain things we need to do, which may depend on which aspect we want to be successful at, and to what degree. Nevertheless, to achieve success in any business or career, one of the most vital features necessary is entrepreneurship. To delve deeper into the concept, it is necessary to understand its basic definition. Entrepreneurship Definition In essence, entrepreneurship is the practice of involving oneself in an endeavor, generally, a business venture, in the quest to find better opportunities and gain financial… Read More

Cross-Culture Misconceptions

Have you ever experienced interacting with a person coming from another country? Or being in a team of different races and nationalities? What did you think and feel during such interaction? Were there any feelings of apprehension and uncertainty dealing with foreign people? Did you find it easy mingling with them or was it hard for you to relate to them? All these questions and many more will cloud your mind especially if it is your first interaction with individuals of foreign race or nationality. Experts have coined a shared… Read More

Cross-Cultural Conflicts and Issues

Globally, organizations work in culturally diverse environments. They interact regardless of age, gender, race, language, and nationality. It is but natural for conflicts to arise out of these diversities. Apart from these differences, an organization may have deeper and more serious differences that may affect certain cross-cultural issues and the way conflict is dealt with. Cross-Cultural Issues and Dimensions Let us identify some of the cross-cultural issues that exist between Western and Asian cultures and their perspectives. Language seems to be a very common issue. Asians think that foreigners pay… Read More

Cross-cultural Competence in International Business

The advent of globalization in international businesses has prompted business establishments to expand its network across cultures in order to keep up being culturally aware and more importantly, for businesses to increase cross-cultural competence. The value of cross-cultural competence skill is becoming increasingly important for many international companies. Often, Business establishments take on a perspective that cross-cultural competence is the silver lining between surviving and perishing in the modern global economy. Companies grow their business outside the country of origin when the business is expanding and is ready to take… Read More

Cross-Cultural Collaboration

When we speak of collaboration, we are referring to teamwork, partnership, or an alliance of two or more groups. Collaboration is a process of working hand in hand with others.  Collaboration does not mean that individuals have got rid of differences from one another. It involves more of discussing the differences and working out these differences as a group. Understanding Cross-Cultural Collaboration Individuals with varying cultural backgrounds working together are doing a cross-cultural collaboration. By this, we mean an alliance across cultures. So cross-cultural collaboration is a process where a… Read More

Cultural Competency Development Stages

Cross-cultural competence pertains to the ability of individuals or groups to interact effectively with those of different ethnical backgrounds and cultural orientations, or in a situation where cultural diversity exists. It incorporates the capacity to understand and recognize another culture’s language, behaviors, values, and policies, and adapt to these variations. Cultural competence is not something that we can acquire overnight. Having this higher level of human ability is a developmental process which involves a long-term commitment. It is not some kind of training with a specific timeframe of completion; rather… Read More

Cross-Cultural Management

Cultural homogeneity is no longer the trend in organizations. Many researchers and company management have noticed the restrictions of traditional management approaches and theories that assume individuality. They want to try embracing other cultures and not just rely on their own cultural orientation. Managers are experimenting new methods of organizing and handling groups that can address the diversity of employees. It is not easy welcoming new ideas and approaches especially if it is for an overall modification or transformation. The company management has questions about incorporating these new ideas and… Read More

Cross-Cultural Appreciation Stages

The term cross-cultural understanding covers a wide scope in the aspect of culture with a focus on the business field. It involves concepts such as cross-cultural awareness and knowledge, cross-cultural sensitivity, and cross-cultural competence. These terms have significant impacts in learning the concept of cross-cultural understanding within the business aspect. Cross-cultural understanding pertains to the ability of individuals in recognizing, interpreting, and reacting appropriately to people and situations that are open to possible conflicts and misunderstandings due to differences in cultures. In most businesses, especially those that recognize the increasing… Read More

Cultural Pluralism

One of the outcomes of a variety of cultures and subcultures is that minority groups tend to be controlled by the dominant cultures because the latter has the power and uses affluence to take over the smaller cultural societies. With a diverse culture, an exchange and sharing of cultural values and attitudes take place. Some cultures may adapt certain cultural beliefs from other groups and modify them to embed it in their own cultural orientation. Some cultures retain their cultural identity despite the exposure and immersion with other cultures. These… Read More

Examples of Cross-Cultural Competence

An individual or an organization that is able to interact with other cultures effectively is known to possess the skills of cross-cultural competence. These skills are said to be on a higher form or higher level of human or group ability since the interaction takes place in a global scope. Cross-cultural competence is a set of behaviors, values, and policies that may be developed at an individual level, in a system, or organizational level with the ability to constructively interact and work effectively across cultures and in diverse cultural situations.… Read More