Influence of National Culture on Decision-Making Style

Podrug Najla
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Podrug Najla: Department of Organization and Management, Faculty of Economics and Business Zagreb

South East European Journal of Economics and Business, 2011, vol. 6, issue 1, 37-44

Abstract: The reality of international business is often a confrontation with failures and difficulties that are a result of a lack of understanding of cultural background, and not market conditions. The decision-making process depends on cultural background and choice of "the right way" - decision-making styles are dependent on the values and beliefs of the people involved in the decision-making process. Considering the fact that Western managers often neglect cultural differences present in the CEE context, the objective of this research was to point out the cultural similarities and differences in decision-making styles between Croatia, Slovenia and Hungary. A narrow-sample strategy was used in empirical research that confirmed that cultural values do influence decisions and decision-making styles and the hypothesis was accepted through X2 test analysis between Hofstede's dimensions of national culture and decision-making style.

Keywords: comparative cultural research; decision-making style; narrow-sample strategy; X2 test analysis; comparative cultural research; decision-making style; narrow-sample strategy; X2 test analysis (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:seejeb:v:6:y:2011:i:1:p:37-44:n:4

DOI: 10.2478/v10033-011-0004-0

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