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Buying Behavior in International Markets

Buying Behavior in International Markets. M.R. Hofstede‘s Cultural Dimensions. Individualism Power distance Uncertainty avoidance Masculinity. Individualism. Relationship between an individual and his fellow individuals in the society

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Buying Behavior in International Markets

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  1. Buying Behavior in International Markets M.R.

  2. Hofstede‘s Cultural Dimensions • Individualism • Power distance • Uncertainty avoidance • Masculinity

  3. Individualism • Relationship between an individual and his fellow individuals in the society • USA, GB, Netherlands: highly individualistic cultures;loose ties between individuals – allow a large degree of freedom - individuals look after their own self interests and their own current family • Japan and other Asian countries: ties between individuals are strong – collectivist societies expect individuals to look after the interest of the group they belong to and to hold beliefs and opinions sanctioned by the group

  4. Power distance • Physical and intellectual capacities of a society‘s people are unequeal – but some societies are more unequal than others • Power distance – the way societies deal with human inequality • High power distance: Philippines, India, Hong Kong and France – allow inequalities in power and wealth to grow • Low power distance: Germany, Austria, Denmark and Sweden – try to de-emphasise such inequalities

  5. Uncertainty avoidance • Weak uncertainty avoidance cultures – individuals are socialised to accept and handle uncertainty – they accept each day as it comes, take risks easily, do not work too hard, tolerate opinions and behaviour different from their own e.g. Denmark, Sweden, Hong Kong • In contrast societies with a strong uncertainty avoidance display greater nervousness, aggressiveness and emotional stress – Greece, Belgium, Japan and France

  6. Masculinity • The extent to which typical stereotypes are associated with males and female • High acceptance of masculine values: making money, male brilliance and power, idolise the superman or macho; men are expected to be competitive – women take the role of nurturer and are concerned with the welfare of children -. E.g. Japan, Venezuela, Italy and Austria • Female societies emphasise values associated with female roles and people rather than money: Sweden, Norway, the Netherlands, Denmark

  7. Marketing implications • Analysis of cultural dimensions provides help for international marketers in deciding how to communicate with and operate in different nations. • It facilitates the process of developing long-lasting relationships • Chinese/East Asians often hide their real feelings; they are concerned with group harmony and the feelings of others

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