Forces in International Business

Topics: Law, Renewable energy, International law Pages: 17 (3987 words) Published: August 21, 2014


FORCES IN INTERNATIONAL BUSINESS
Samsung Group
March 07, 2014

Executive Summary

Samsung Co. has its hands in many international product manufacturing. They do are effected on a daily basis by the different forces of international business and ethical issues. These forces were assembled, and one of their ethical issues were evaluated. Forces in International Business

There are multiple forces that effect international business. These forces are sociocultural forces, natural resources and environmental sustainability, political and trade forces, intellectual property and other legal forces, the international and monetary system and financial forces. All of these forces are things that influence Samsung Co. on a daily basis. Along with these forces, Samsung is also tasked by ethical issues that come imposed on almost every international country. These forces are some of the founding forces that international businesses are built on and effected by on a daily basis. Sociocultural Forces

The first of the forces covered is the sociocultural force. In order to understand what Sociocultural Forces are, we must understand what sociocultural is. The Merriam-Webster dictionary describes sociocultural as a combination of social and cultural factors. ("Sociocultural." Merriam-Webster.) Dictionary.com defines it as, "the combination or interaction of social and cultural factors". ("Sociocultural." Dictionary.com) From these two definitions social and cultural are the two big factors. are hundreds of different ways to define culture, and it's a very broad term.

The book, International Business, lays down some good fundamentals about what culture is. The first point that International Business says about culture, is that it is learned, and not born with. This means that just because you're born somewhere, doesn't necessarily mean you will adapt to the culture, but spending a lot of time around people who are immersed in the culture will allow you to adapt to it. This can be a major benefit or drawback. It does allow people to move to new areas of the world and eventually adapt to their culture, but it can take a lot of time and energy. The second point is that different parts of culture are interrelated. This second is more of a logical relation of culture, it's basically defining that you can't have some parts of culture without others. The third major point that is outlined is that "culture is shared, patterned and mutually constructed through social interactions". (Ball, Donald). This point is very interesting, and what defines culture. Throughout the world we see many different cultures, influenced by religion, and regions, and we can see how some cultures have greatly impacted other parts of the world and their culture. Because culture is shared through social interactions, we can actually start to see a lot blending of cultures through the internet. Through the article Blending Cultures via Computer in The International Journal of New Media, it discusses the blending of European art and culture blending into parts of Chinese Contemporary artists. Without the social interactions through online sources, this is something that would have never been possible. The last major point that is made by International Business, is that culture defines the boundaries of different groups. An example made in that book is how Americans are clock-watchers. A lot of cultures don't follow a similar pattern, and it makes Americans seem to always be in a rush. This makes them appear unfriendly, arrogant, and untrustworthy, because it's not something that's globally accepted. Another interesting point on this topic is how culture varies so much even within a single country itself, and can even vary inside small areas. The best example of this that is very well known, is how people in the younger generation from the bay area in California are known for saying "hella". This is something that's only sprung up within the...

References: Albanesius, Chloe (September 14, 2011). "Every Place Samsung and Apple Are Suing Each Other". PC Magazine. Ziff Davis
Apple Inc
"Apple Inc. v. Samsung Electronics Co., Ltd." Wikipedia. Wikimedia Foundation, 03 June 2014. Web. 08 Mar. 2014.
"Arbitration Deffinition." TheFreeDictionary.com
Ball, Donald; Geringer, Michael; Minor, Michael; McNett, Jeanne (2012-07-01). International Business, 13th edition. McGraw-Hill Higher Education -A. Kindle Edition.
"Blending Cultures via Computer: New Media Artists of China." The International Journal of New Media, Technology and the Arts ». CGPublisher, n.d. Web. 08 Mar. 2014.
“The Competitive Advantage of Nations” by Michael E
"FOSS Patents." : Korea Fair Trade Commission Clears Samsung 's Use of Standard-essential Patents against Apple. N.p., n.d. Web. 08 Mar. 2014.
"Geography - Google Search." Geography - Google Search
"Non-renewable Resource." Wikipedia. Wikimedia Foundation, 03 July 2014. Web. 08 Mar. 2014.
Pandita, Rahul
"Patents." Patents. Inventor Resources, n.d. Web. 06 Mar. 2014.
"Private International Law." U.S
"Renewable Energy." Wikipedia. Wikimedia Foundation, 03 May 2014. Web. 05 Mar. 2014.
"Samsung - Global Harmony." Www.samsung.com
"SAMSUNG ENGINEERING." Samsung Engineering. Samsung Group, n.d. Web. 08 Mar. 2014.
"Sociocultural." Dictionary.com
"Sociocultural." Merriam-Webster. Merriam-Webster, n.d. Web. 08 Mar. 2014.
“WantChinaTimes.com." WantChinaTimes.com
"Treaty." Wikipedia. Wikimedia Foundation, n.d. Web. 08 Mar. 2014.
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • international business Essay
  • International business Research Paper
  • Culture and International Business Essay
  • International Business Essay
  • International Business Essay
  • Essay about 3362 International Business
  • Essay about BUSINESS IN THE INTERNATIONAL ECONOMY Assignment 1
  • Forces in International Business Essay

Become a StudyMode Member

Sign Up - It's Free