Shaping Ethical Contexts Essay Example | Topics and Well Written Essays - 250 words

Shaping Ethical Contexts - Essay Example oped to explain and give insight into how leaders ought to conduct business in a multicultural environment and the perceptions their employees have towards them. One of the theories is the implicit leadership theory which postulates that people’s beliefs, assumptions, and stereotypes tend to influence their perception on the qualities of good leadership. The other one is the culturally endorsed implicit leadership theory which advanced some leadership dimensions that include power distance, gender egalitarianism, societal and group collectivism, humane orientation, performance orientation, assertiveness and uncertainty avoidance (Murrell, Crosby & Ely, 1999). Ethical leadership styles across cultures include transformational, transactional, and paternalistic leadership. Paternalistic is a leadership style that incorporates a hierarchical relationship between the leader and the workers. The leader expresses personal interest in the personal and professional lives of employees and in return expects respect and loyalty from them. The three defining elements are moral leadership, benevolence, and authoritarianism. This type of leadership has been found to yield positive organizational commitment and exchange between leaders and the employees in a multicultural environment (Brown, Trevià ±o & Harrison, 2005). Transformational leadership is one that emphasizes on a common goal and therefore, it is a charismatic form of leadership style that mobilizes employees around a common goal. Transactional leadership on the other hand is one that emphasizes on incentives and rewards between leaders and their employees (Brown & Trevià ±o, 2006). This form of leadership styles have been shown to yield trust and performance at the workplace in various populations but not all of them. It has further been noted that collectivists are more responsive and conform to transformational leadership because they unite individuals. On the other hand transactional leadership most welcomed in

International Search for Distribution Partner Essay

International Search for Distribution Partner - Essay Example As of November 2005 they have 766 stores in the U.S. and 166 in Canada (43 of those Best Buy). On September 22, 2003 they opened their first Global Sourcing Office in Shanghai, China in order to increase their efficiency and improve communication with suppliers. The company, in developing the Asian Market, appointed their Vice-chairman Al Lenzmeier to head up the project. Since 2003 they expanded to include two additional distribution centers in Beijing and Shenzhen. The company recognizes the market potential in China and this spring will open lab stores to rapidly test the Chinese retail market. Store locations will be selected based on area market and competition. They have not yet determined the number of stores to be opened as they employ a "greenfielding strategy, grow by opening stores" ("Our history" 2006). This could be an excellent opportunity for us. The CarreFour Group, established in 1959, is the largest retailer in Europe, the second largest worldwide and the industry leader in nine countries. Their four main store configurations are: 'hypermart', supermarkets, hard discount and convenience stores. They operate a total of 10,378 stores in 29 countries. Their retail sales last year were 88,178 billion euros before tax.