International Business (CH2, CH3, and Movie 'GUNG HO) Review

International Business (CH2, CH3, and 'GUNG HO) - Movie Review Example The second implication is that informal institutional frameworks provide some structure to an organization where formal institutions are not visible or where the formal institutions have failed. Managers should constantly be aware of both formal and informal institutional frameworks that influence their employees. This will allow the managers to manage to the framework and adjust with fluid plans if the frameworks break down. It will also allow the managers to better predict the behaviors and actions of their teams. Section 2: (40 Points) For this assignment you will be required to locate and watch the movie Gung Ho and then apply the concepts that were discussed in Chapter 3 of the textbook by answering the questions outlined below. The movie is about a small town that has always relied on manufacturing for its livelihood. The two factories have closed down, the service businesses are moving out of the town, and the majority of adults are unemployed. Hunt Stevenson solicits a Japanese company to reopen the factory. The movie tells the story of the challenges the Japanese executives, employees, and townspeople encountered during and after the reopening. This is relevant to the concepts of global business today because advancements in technology, travel, and collaboration blur the lines that separate countries. Global interactions are a frequent, everyday occurrence for many businesses. Understanding the different cultures with which one will be working is critical to maintain relationships and smooth production. b. Outline the cultural differences that exist between the Japanese management team and their US Workers? Specifically address each of the following differences by describing examples from the movie. (16 Points) Collectivism focuses all members of the team on a single purpose as a single unit. This was apparent from the first day of the factory