Chapter 3- Emphasizing Cultures‚ Ethics and Norms Learning Objectives 1. Where informal institutions come from? 2. Define culture- 4 main categories (language‚ religion‚ social structure‚ education) 3. Cultures systematically differ from each other 4. Importance of ethics and combating corruption 5. Norms with strategic responses when forms deal with ethical challenges 6. Debates- culture‚ ethics and norms 7. Implications for action Opening Case- Cartoons that Exploded Sep 2005- ‘Jyllands
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Trade around the world Strong manufacturing base of Europe & UK in early 1900 American dominance after WW-II Bretten Woods Monetary Agreement Japan Influence post 1970 Soviet weakness Developing nations stepping up exports Entry of China/India/Mexico/Brazil Worldwide Communication Increase in and expansion of technology Liberalization of cross-border trade Development of services that support IB Growing consumer pressures Increased global competition Changing political situation Expanded cross-national
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4. John Mathis’ four recommended methods of analyzing economic risk include all of the following EXCEPT the ________ approach. A) automatic B) qualitative C) quantitative D) checklist 5. Intel is attempting to do business in Brazil‚ but the Brazilian government purposely delays granting Intel the necessary licenses and permissions required to do business in the country. Which of the following best describes this situation? A) creeping expropriation B) confiscation C) barriers
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Leadership and Organisational Behaviour Effectiveness) research project voice out reliable information for global leadership differences‚ using a hypothetical of American decision-makers that oversees the same kind of teams in Egypt‚ France‚ China‚ and Brazil to thrash out understanding and cultural implications for American decision makers. Overall countries involved in the study were five for in-depth analysis‚ and the finding where the same with GLOBE outcome‚ the purpose was to extract information
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● Growth potential as existing market is saturated: Lifecycle Metal and woodworking: Decline stage in the US but growth stage in emerging Markets (S.4) Also emerging markets continued to industrialize( → need for machine tools) And growth in Brazil is basically guaranteed till 2016 (World Cup & Olympics) ● Extending already existing market presence: WMMA continously expanded into its new markets (Switzerland‚ France(EU) and Russia) → “...acquistion of France and Switzerland brand extended channel coverage
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Main components of every civilization: 1. government and laws 2. formal religion 3. language 4. agriculture (irrigation‚ domestication of plants‚ etc) 5. specialized skills (pottery‚ clothing‚ etc) 6. trade (to acquire what you do not have and cannot make‚ but need) 7. economic system (bartering or currency‚ etc). Factors that give rise to civilization: A. Geographical location 1. All four of the major centers of early civilization (were China‚ India‚ Mesopotamia‚ and Mesoamerica) arose
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Marcio Cesar dos Santos Southwest Airlines 1) CQ: What are the key motivational strategies used by Southwest? Investing in People: As argued by Ann Rodes‚ Southwest’s competitive advantage come from people‚ so they has invested time and money to build a cohesively team work‚ developing in each one a strong sense of esteem and self-actualization. “Recognizing that our people are the competitive advantage‚ we deliver the resources and services to prepare our people to be winners‚ to support
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Chapter 01 Globalization and International Linkages 1. To qualify as a multinational corporation‚ a firm must meet all of the following criteria except: A. Operations in more than one country B. International sales C. A nationality mix of managers and owners D. Sales of at least one million dollars per year 2. Antiglobalization activists: A. Contend that even within the developing world‚ it is protectionist policies‚ not trade and investment liberalization‚ that result in environmental
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Individualism-Collectivism and Team Performance Kevin L. Jackson University of Phoenix Annotated Bibliography Schroeder‚ P.E. (2013). A quantitative correlation study of individualism-collectivism and employee innovation in Turkey (Doctoral dissertation)‚ Available from ProQuest Dissertation and Theses database. (UMI No. 3585958). This quantitative correlation study examines the relationship of the individualism-collectivism values‚ to leadership‚ and how it affects employee’s creativity and
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SAQ OUTLINE: Explain the formation of stereotypes and their effect on behavior. • Definition: Stereotypes assign similar characteristics to all members of a group‚ despite the fact that the group members may vary widely from one another. • Characteristics: • social-cognitive theories: • our social world is very complex and presents us with too much information • since our capacity to process information is limited‚ there is a need to simplify our social way • one of the way to avoid information
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