Thursday, September 26, 2019
Annotated bibliography Example | Topics and Well Written Essays - 750 words
Annotated Bibliography Example Over 1000 samples were drawn from the population under study, this being a reasonable and practical sample size for such a study. Culture is found to impact the reward preferences, such impacts not being straight forward though. The study also reveals that reward preferences may not be impacted by cultural influences alone. It is instead influenced also be factors such as economic conditions among other contextual factors. The research was conducted using data drawn from one industry alone as opposed to several industries. There is a chance that other industries could reveal different results. Also, the countries featured in the sample share certain cultural characteristics which could lead to results only practical to countries with the same characteristics. It is also noted that the results may also have been affected by the difference in importance in the various cultural dimensions. Reward variance could have been impacted by organizational factors including the size of the organization and ownership. It is important to take culture into consideration when determining the reward schemes or strategies to apply for an organizationââ¬â¢s workforce. In addition, other factors must be taken into consideration given that it is not only culture that influences these preferences. Understanding peopleââ¬â¢s culture in a multinational environment is greatly important to the human resource manager and to the reader. The reader gets to appreciate Hofstedeââ¬â¢s framework as it provides practical contributions with respect to culture. The reader realizes the importance of culture as a factor in rewarding employees especially when dealing with multinational companies and organizations that are served by people from of different cultural backgrounds. The audience furthermore gets to appreciate how much employee preferences affect reward management at the international
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