Potter's Box
Who invented the Potter's Box framework?
Ralph Potter
Give an example of business etiquette.
Polite manners, being culturally aware, not using the left hand to accept something in the Middle East, knowing the dining rules in other countries, not being late
What are the principles of right and wrong?
ethics
What is CSR?
Corporate Social Responsibility
When a government controls the private sector it is called _____________.
regulation
What kind of problem will the Potter's Box help you solve?
An ethical problem
Give an example of individualism.
doing something by yourself
What is another word for "compensate"?
to pay
What is fast fashion?
Clothes that are cheap and worn only once that then go in the landfill.
Name a private company?
Louis Vuitton
What is a dilemma?
a hard choice with no good outcome
Which country is high in the femininity dimension?
Sweden, France, Chile
What is the word that means to put money into a project?
Invest
What is passion?
strong feeling or emotion
What was the company that Eric presented on?
Tencent
What is a value?
your moral belief
Which issue should never be neglected when doing global business according to the article?
religion
Who are subordinates?
Those at work with a lower rank.
What is an example of a goal of CSR?
Reducing environmental waste
Reducing energy consumption
What company did Meijie present on?
Nintendo
The categories in Potter's Box are facts, values, loyalties, and ____________.
Principles
Why should a cultural framework not be taken too seriously?
There are a lot of individual differences in every culture and you can stereotype someone
What is a basic set of ideas used to develop a larger plan?
a framework
True or False
Starbucks tried to be a socially responsible company.
True
What is a stakeholder?
A person who is tied to a company and can be effected by them.