Cultural Distance Assignment IIB 1. What is the formula developed by Kogut and Singh in 1988 in the Journal of International Business Studies (JIBS)? Explain the formula in your own words. CDj is the cultural distance between the host country (j) and the home country (in this case Germany). It is calculated with a summation of 4 different variables indicating different cultural dimensions. These are uncertainty avoidance‚ power distance‚ individualism/collectivism and masculinity/femininity
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million-dollar prize by just four minutes. In the race through six of the seven continents‚ and eight countries‚ Mycoskie fell in love with the culture of Argentina. Three years after the disappointing loss Mycoskie decided to go back and visit the country he fell in love with on the race. In 2006‚ Mycoskie took time off to go on vacation in Argentina. He made it his main mission while there to submerse himself into the culture. He spent his days learning how to tango‚ the national dance of the country
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BRAZIL: EMBRACING GLOBALIZATION? Background This case focuses on Brazil’s development strategy since World War II and on the change of the economic model following the debt crisis of the 1980s. At the time of the case Brazilian officials are deciding whether regional integration or globalization offer the best route to economic prosperity and development. This case illustrates the challenges that developing countries face in defining trade policy. It also introduces the role of regional trade
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The turkey trot originated in San Francisco around 1909. This dance required a partner where you hold on to each other face to face and sway side to side. Each beat of the music‚ you would take one step and move in a circular motion with your partner. The turkey trot was very popular like most dances; however‚ it quickly faded and died out as a new dance style appeared. This new traditional- old fashion dance was
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an important number of companies all around the world‚ trading in the USA‚ Mexico‚ France‚ the Netherlands‚ Belgium‚ Luxembourg‚ Italy‚ Germany‚ Greece‚ Portugal‚ Andorra‚ UK‚ Israel‚ China‚ Cyprus‚ Malta‚ Sweden‚ Norway‚ Japan‚ Turkey‚ Canada‚ Argentina‚ Uruguay‚ Chile and‚ of course‚ Spain. Its main brands and stores are: ZARA‚ Pull & Bear‚ Massimo Dutti‚ Kiddy ’s Class‚ Brettos‚ Lefties‚ Stradivarius and Deep Blue Jeans. The most important of all the brands of the Group is Zara‚ which was
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Alysa Sharp 12/12/12 Carla Jones Final Project TOMS: A Commodity Fetish Globalization is the international influence‚ change‚ and interaction within or between countries and or nations. This creates an idea of connectedness between the facilitating nation and the nation being influenced. Within this interaction and influence on another nation there becomes this desire to become a “trendsetter” through the use of products and other various commodities throughout the world. One such example
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essential to establish a personal relationship with Brazilians. They prefer to get to know their partners face-to-face before starting talking business. But due to the economic instability in Brazil they are often short-term relationship minded. You should never rush Brazilians into decision-making; they need to be a hundred per cent certain. A deal can take months to close. Brazilians value if their partners have a relaxed approach and are open-minded. 3.2 Business Meetings and Negotiation Culture
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Contents A global Nielsen consumer report on personal grooming‚ and the use of health and beauty products and treatments Twenty-somethings‚ Brazilians‚ Portuguese and Greeks the most dedicated to style Looking good? Is it for you‚ your partner‚ or to find a new one? 1–2 3 4–5 Metrosexuals – it’s OK to invest in looking good 5 A bad hair day is out of the question when it comes to looking good 6 If money were no object‚ the ultimate indulgence: body massages‚ new
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1. Is entry into the Argentine market a good strategic move for Continental? Entering Argentine market in 1993-1994 was a good strategic decision for Continental as one of the TOP5 cable TV companies in the US despite certain risks for several reasons: 1. Changes in the US regulatory environment created additional challenges for Continental’s core business: 1992 Cable Act limited the cable TV companies’ ability to raise cable rates whereas costs at market prices reached up to $2000/subscriber
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bn. US $ in 2005 and a per capita GPD of appr. 8.500 US - can be considered as an upper middle income country and therefore classified as an industrializing country‚ aligned with the classification as one of the big emerging markets (BEM) next to Argentina and Mexico. Per capita income is constantly increasing as well as literacy rate (current
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