TITLE:
A Comparative Analysis of Indonesia and China on Managing Cultural Diversity in Multinational Corporations
AUTHORS:
Felicia Margaretha Putri
KEYWORDS:
Cultural Diversity, Multinational Corporations, Multinational Firm
JOURNAL NAME:
Open Access Library Journal,
Vol.11 No.3,
March
19,
2024
ABSTRACT: This study aims to undertake a thorough comparison analysis, diving into the complexities and consequences of cultural diversity management in Indonesian and Chinese multinational firms. This study aims to provide an in-depth exploration of the diverse strategies employed, challenges encountered, and viable solutions implemented by multinational corporations in both countries as they grapple with the complexities of cultural diversity. By examining the various approaches and outcomes, this research aims to provide significant insights for global multinational corporations, serving as a substantive reference based on a sophisticated comparative analysis. The primary goals include gaining a thorough grasp of cultural diversity management strategies, identifying common issues, and developing practical solutions applicable in a variety of global contexts. The technique includes a thorough assessment of the literature in addition to an in-depth investigation into the business practices of multinational corporations in China and Indonesia. The research’s conclusions have the potential to make a significant contribution to the scholarly conversation about cultural diversity management as well as offer practical advice for multinational firms attempting to negotiate the complexities of many cultural contexts.