Six Cultural Intelligence Profiles Essay Example | Topics and Well Written Essays - 1000 words

Six Cultural Intelligence Profiles - Essay Example Such people simply feel others. After interacting with a representative of a foreign culture for several minutes they intuitively know the right pattern of behavior. However, this ability develops with time and experience and sometimes it may let you down. Certainly, intuition is a good advisor in business, yet it is necessary to use your head and body as well, basing your work on systematic learning. The ambassador style is the most widely used one. A person, following this behavioral pattern, â€Å"convincingly communicates his certainty† of belonging to a new culture even if he knows nothing of it yet. Confidence is found to be a very powerful instrument of cultural intelligence. However, this style is often based on analytical observations and systematic learning, just as it happens in the analyst profile. Besides, the authors emphasize the necessity of having the humility to know what you don’t know. It is very dangerous to avoid underestimating cultural difference s and it is important to be able to accept one’s ignorance. The mimic style is based on body control. The mimic has â€Å"insight into the significance of the cultural cues he picks up†. Mirroring foreign partners’ gestures, speech, and mimicry, the mimic makes his guest feel at ease, facilitating communication and building trust. The style has obvious advantages and to my mind should be mastered (at least to a certain degree) by all the managers. The representatives of NLP explain how this works. The NLP technologies, permitting to acquire the necessary skills, are widely used in the world of business. Finally, chameleon style is characterized by high levels of all three CQ components.

Economic Trends of Global Markets Essay Example | Topics and Well Written Essays - 1000 words

Economic Trends of Global Markets - Essay Example Lastly, major disruption in global energy supplies that â€Å"could be driven by conflict among key energy-producing states, sustained internal instability in two or more major energy-producing states, or major terrorist actions† (15). Why is the United States currently experiencing a major trade deficit? In March 2006, Robert Scott reported that the United States’ major trade deficit was caused by â€Å"rapid growth in the deficit on goods and services trade and large increase in unilateral transfers, which were temporarily reduced by payments from foreign insurers for losses caused by hurricanes Katrina and Rita in the third quarter.† Two-thirds of the increase in U.S. deficit was largely attributed to the rapidly rising oil prices and imports according to Scott. In addition, he also cited the rapid growth of interest payments to foreign holders of U.S. Treasury securities. Foreign holdings of these securities, whose interest rates are expected to rise as well, have increased by $ 108 billion in the last quarter of 2005 alone. Scott estimated that foreign borrowings made up for more than 80% of the federal debt increase. With the Asian governments’ bullish promotion of its export-led growth at the backdrop, Scott pointed that the 11% decline in the U.S. dollar’s value since the second quarter of 2002 was insufficient to slow the trade deficit’s growth. He added that â€Å"the dollar must fall by at least 30% to 40%† for the deficit to reach a sustainable level of less than 3% of the U.S. GDP. This would reduce export prices and achieve the needed increase in exports relative to imports. This scenario will likewise push up the prices of imports in the U.S. resulting to import reduction and a shift in demand favorable to U.S. products. Why are some observers optimistic about the long-term trade position of the United State