I thoroughly enjoyed learning about the success that has been accomplished by managers that make active efforts to build relationships with their subordinates and peers. Through my supplementary readings I found that companies like Apple and the General Electric Corporation have realized massive levels of success as a result of strategic relationship management (Anthony 2010; Slater 2000)
The third key aspect is cross-border decision-making, taken up from a multicultural standpoint in an international setting, wherein control processes must be agreed on by different international players. It addresses cultural integration or cultural dimensions, with its key emphasis being organizational heritage (or different nationally-based organizational heritages) (Robert & Rocha, 2008)
The sector of financial services shows much swifter growth, allowing emerging market organizations to provide better returns to shareholders. Additionally, there are undeveloped areas in emerging economies' financial systems, whose development is crucial to accomplishing economic progress and prosperity for these zones (Saudjana et al