589631 cross cultural relationships and trust

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Running head: CROSS-CULTURAL RELATIONSHIPS AND TRUST 1

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This paper shall scrutinize the role played by Cultural intelligence in enabling us to

understand different cultures. Toronto Dominion Bank and how it represents the ideas

discussed in the video. A personal opinion on whether to have received a gift from any for-

profit firm and the impact it had on me towards that institution. The excerpt shall also look at

the principles that one should follow while issuing a gift, whether gifts are the same as bribes,

and if some cultures are okay dealing with kickbacks. Finally, the paper shall investigate

whether Toronto Dominion Bank is successful or not while also I discuss how my cultural

intelligence enables me to understand when a company is practicing bribes, reciprocity, or

giving out gifts.

Cultural intelligence is a significant perspective in your regular and expert daily way

of life. Building empathy among customers and associates of various social institutions and

nationalities should be achievable by creating character traits that support your individual

corporate status, satisfaction, and clients' understanding (Randstad, 2017). Having to work in

a socially different setting, nevertheless, makes it easy to ignore that the people you are

managing have viewpoints and observations not the same as yours. Building up a feeling of

cultural intelligence is critical to comprehend how to manage individuals from various

societies (Randstad, 2017). Improving social insight is imaginable, and doing so will permit

you to turn out to be increasingly sensitive and sympathetic to others.

As a dependable business undertaking as well as corporate citizen, Toronto Dominion

Bank is focused on directing its issues to the best expectations of morals, respectability,

trustworthiness, professionalism, and fairness – in each regard, no matter what, and

consistently (Dr. Boardman, 2014). While arriving at their business objectives is basic to their

CROSS-CULTURAL RELATIONSHIPS AND TRUST 2

prosperity; similarly significant is how they accomplish them. Each worker and individual

from the top managerial staff of Toronto Dominion Bank (a Director) is relied upon and

required to evaluate each business choice and each activity in the interest of the association

considering whether it is correct (TD Bank Group, 2019), lawful, and reasonable.

Yes, I have been a recipient of a gift from a for-profit company, and the feeling was

right. I felt that I could be a loyal customer. By loyal, I thought that I deserved to go back

whenever in need of shopping because they treated me the best way possible. It is obvious

when being treated in a unique way I tend to make a repayment of the same measure, and

that's how I became a loyal customer of my local supermarket that gave me a free shopping

voucher for up to 2000 dollars. It really changed my attitude towards the for-profit firm and,

to be specific, the one that awarded me.

The standards of reciprocity that function admirably include: Being the First to Give

Something: Give something, without the apparent desire for return, for example, a gift,

bonus, discounts, or something unique to the client not offered to the overall population.

Offer some motivating force forthright (Wolfe, 2019), as opposed to toward the finish of a

deal. Your gift ought to be provided first before the purchaser's giving you their business.

Offer Customers Ways to Show Their Support: Tell your clients how they can thank you and

help your business develop by including volunteer chances (Wolfe, 2019). A few

organizations currently offer web blogs and forums where satisfied clients can report or rate

their involvement in your business. Be the Last to Give: You initially gave a motivating

force, and afterward, the client gave you their business. Give your clients the alternative of

keeping in contact and demonstrating their continuous help by offering a free newsletter.

There is a significant contrast among Bribes and giving gifts that accompany the

thought of intent. A bribe is offered with either an express or suggested desire for return that

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Running head: CROSS-CULTURAL RELATIONSHIPS AND TRUST 1 Name Student Number This paper shall scrutinize the role played by Cultural intelligence in enabling us to understand different cultures. Toronto Dominion Bank and how it represents the ideas discussed in the video. A personal opinion on whether to have received a gift from any forprofit firm and the impact it had on me towards that institution. The excerpt shall also look at the principles that one should follow while issuing a gift, whether gifts are the same as bribes, and if some cultures are okay dealing with kickbacks. Finally, the paper shall investigate whether Toronto Dominion Bank is successful or not while also I discuss how my cultural intelligence enables me to understand when a company is practicing bribes, reciprocity, or giving out gifts. Cultural intelligence is a significant perspective in your regular and expert daily way of life. Building empathy among customers and associates of various social institutions and nationalities should be achievable by creating character traits that support your individual corporate status, satisfaction, and clients' understanding (Randstad, 2017). Having to work in a socially different setting, nevertheless, makes it easy to ignore that the people you are managing have viewpoints and observations not the same as yours. Building up a feeling of cultural intelligence is critical to comprehend how to manage individuals from various societies (Randstad, 2017). Improving soc ...
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