The Role of Culture
Choose the value/attitude that does not belong in the following statement. Culture is: learned, interrelated, adaptive, unchanging, shared
What is unchanging?
The process of discussion by which two or more parties aim to reach a mutually acceptable agreement
What is negotiation?
behavior that conforms to generally accepted social norms
What is ethical behavior?
What is differentiation strategy?
legal system that we use
What is common law?
The overall framework that determines the roles of individual within the society, the stratification of the society, and individuals' mobility within the society.
What is social structure?
The 5 step process used to make a series of decisions and affects the negotiation process
What is the decision making process?
Enhancing the General Welfare of Society, Sustainability and the Natural Environment, and The Economic Mission
What is the Triple Bottom Line?
locating facilities anywhere that yield the lowest production or distribution costs, or that best improve quality of service
What are location efficiencies?
Sanctions, embargos, export controls, extraterritoriality
What are laws designed to regulate international business activities?
Communication style that involves perceiving moods, subtle gestures, and environmental clues
What is high context?
The type of conflict resolution approach associated with low context cultures
What is instrumental approach?
Disclosure by an employee of illegal conduct within the organization
What is whistleblowing?
Lowering production costs by building factories that service more than one country/market
What are economies of scale?
What is repatriation?
Person's beliefs about the relative importance of the individual and the groups to which that person belongs
What is social orientation?
2 cultural influences that impact employees from a high uncertainty avoidance culture
What are risk tolerance and preference for known solutions versus trying new things?
What is a proactive stance?
what a company does exceptionally well, especially compared to competitors
What is a distinctive competence?
seeking to have the case heard in a court system most favorable to one's own interests
What is forum shopping?
The unconscious use of one's own culture to help assess new cultures and surroundings
What is self-reference criterion?
What is problem-solving approach?
3 methods used by managers to manage ethical behavior
What are guidelines/code of ethics, ethics training and organizational practice/corporate culture?
2 strategies that conduct business the same way anywhere in the world
What are home replication and global strategies?
The 4 differences in accounting practices
What are valuation and revaluation of assets, valuation of inventories, dealing with the tax authorities, and use of accounting reserves?