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Essay / The Analysis of Mexican Business Structure and Management Style
Table of ContentsBusiness BackgroundBusiness StructureManagement StyleTeamworkCommunication StylesSuggestionIn ConclusionReferences:The country I chose to research is Mexico. With an exoteric economic system and a harmonious teamwork ethic, the Mexican business sector is very good at producing and exporting products. Mexican business culture will be presented through an overview of its business experience, business structure, management style, teamwork and communication style. The facts and figures in the chart will show its intensive social and cultural norms. Additionally, Mexico's ranking in terms of corruption index will be cited and analyzed based on corruption within the country. Ultimately, I will share how I understand the results and beliefs of global and equity citizens about Mexican society. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get an original essayBusiness BackgroundMexico is a country that has a very unique business background. In this country there are all kinds of industries. Additionally, in these industries, manufacturing plays an important role. Then, its oil production remains the fourth in the world. Mexico is a major player in the Latin American economy, a member of the North American Free Trade Area and one of the most open economies in the world. It is also one of the Group of 20 countries. The United States is Mexico's largest trading partner and source of investment. Bilateral trade covers approximately seventy percent of Mexico's total foreign trade. Next, it exports to the United States, accounting for eighty-three percent of its total exports. With the development of Mexico, it is very good to research the elements that differentiate it from the other two North American countries. Additionally, Mexico plays an important role in American multinationals. Business Structure As we know, Mexico has a multitude of multinational organizations and the business structures of these organizations will affect their parent company. If one wanted to know this country well, it would be better to first know its parent company. Mexico works in the matrix style and relies on a hierarchical system in their personal and professional lives. If they wanted to make a final decision, they had to do so in a focused manner. Finally, all important decisions will be decided by a few people who constitute the top management of the company. Management Style The management style in Mexico is based on paternalistic and highly hierarchical cultures. Tough management is very strict but it does not mean authoritarian. The people who work at the head of the company will take care of others. And then they will combine difficult decision-making with concern for subordinates. They believe that employees' sense of honor is the most important thing. Additionally, they will show that they have some power to control the entire company, but at the same time, they will also show that they are nice. Good management must be balanced like Mexico. The company's subordinates will be willing to follow instructions that must be provided correctly and efficiently. Once instructions are given, they just do it and don't argue much. In order to protect employee pride, they will not criticize their employees in public places because they know that if they did, it would damage their self-esteem. We all know that pride is the most important thing in ourlives, so it is very humanistic for management to protect employees. Finally, the relationships in Mexico are so deep that the manager is always looking for loyal people. In order to allocate them, the manager will look after their interests. Consequently, the relationship between the manager and his subordinate is said to be reciprocal. Team WorkingMexico is a relationship-based cooperative county. In other words, Mexicans can work perfectly when they work within the framework of good relations. However, if they don't know each other, it will take time to understand each other and strengthen this relationship. In some cases, they will meet for the same purpose, and they then hope to be able to integrate into this relationship through this meeting. After forming groups, they will concentrate one hundred percent on their project and do their best to complete it well. Also, they should keep this group and move it to the next project instead of dismantling and creating a new group. Communication Styles Although English is very popular in Mexico, not all businesses speak English fluently. The difference between English language levels is very big, it is better to check if we need translators. There is no doubt that if people speak English very well, they will reap many benefits from it. It is very common for coworkers to call others using their last name. In fact, they will use their last name when they have established a good relationship. In order to avoid trouble, the best way is to pay more attention to using the last name. Additionally, it is also very common to use terms of respect towards professionals such as a lawyer and an engineer. In the business world, emotion will not stop. The discussion will become heated or structured if they show displeased emotions in business transactions. This emotion shows us positively and suggests participation and stress. In terms of body language, Mexican body language differs from that of Northern Europe and North America. Compared to other cultures, Mexicans get closer to others and use stronger eye contact. It is very significant that we follow their lead because we will be deemed indifferent or suspicious if we lack enough eye contact or stand too far away. In these cases we can learn some methods from the Mexican and change something. Generally, corruption is known as “the use of authority to obtain illegal money.” And the corruption index represents different cases of corruption around the world. Next, the Corruption Index ranks 176 countries, with the number increasing from turbidity to cleanliness. This means that 0 is the highest level of corruption and 100 is the cleanest. Mexico ranks 123rd in a list of 176 countries, which shows that the Mexican social situation is not very clean and there are some cases of corruption. During the 20th century, corruption helped Mexico realize its dream of political stability and economic improvement. But after that, corruption significantly affects economic development. Because this matter is deeply rooted and it is too difficult to change at the moment. However, Mexicans believe that corruption is one of the most important problems and comes second only to security elements. It has also become the main subject of political activities and the first thing in civil society. After much discussion, they believe that the main reason for corruption is political politics and presidential republic. Even though they put in place a national anti-corruption system, it worked without