Q Discuss the implications of operating in a global environment. Why does cultural understanding matter, and how can HT and line partners ensure effectiveness?
A global environment can cause management and/or infrastructural problems for underdeveloped countries because of the issues with financial management and development of financial stability for underdeveloped countries. The developed and developing countries can manage operating in such an environment because of financial stability and lack of financial issues with financial management. There can also be issues of assimilating work-cultures and different diversified groups of individuals working in a corporate set up of multinational companies.
