With the expansion of the organization to a multinational horizon, the alchemy of business practices would necessarily in volve free inter-flow of managerial styles between diverse cultures. Techniques, which areapparently different, can be combined to bring about radical transformation in core managerial philosophy . Companies generally base their central managerial thought on their inherent cultural backgrounds and in-built dogmas as to certain "do "s and "don' ts . In actual practice , if we analyze these with reference to the cultural backgrounds of Companies in various parts of the globe , we can open out new streams of managerial ideas .
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- Excerpts of select Summer Internship Reports 2012
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