🌎 Globalization & Global Strategy
This term describes the process of increased interconnectedness and reduced trade barriers worldwide.
👉 What is globalization?
This dimension measures how comfortable a society is with unequal power distribution.
What is Power Distance?
The GLOBE project was developed by over 170 researchers in this decade.
What is the 1990s?
The simplest and most cost-effective way to sell products internationally.
What is Exporting?
Cultural intelligence (CQ) refers to a person’s ability to function effectively in this type of setting
What is a culturally diverse setting?
Low Power Distance
High Individualism
Low Uncertainty Avoidance
High Masculinity
What is the United States?
This globalization factor involves countries eliminating tariffs and trade restrictions.
What is lowering trade barriers?
A culture that values “we first” instead of “me first” reflects this.
What is Collectivism?
This cultural cluster includes countries like the United States, United Kingdom, and Australia.
What is the Anglo cluster?
A contractual agreement allowing another company to use trademarks or technology for a fee.
What is Licensing?
This CQ dimension refers to what you actually know about other cultures.
What is Cognitive CQ?
High Power Distance
Low Individualism (Collectivist)
Medium Uncertainty Avoidance
Medium Masculinity
What is China?
When a company builds facilities or acquires companies in another country, it is called this.
What is Foreign Direct Investment (FDI)?
A society that prefers strict rules and avoids risk is high in this dimension
What is Uncertainty Avoidance?
This leadership style is inspiring and vision-driven.
What is Charismatic leadership?
This method allows a company to license its entire business model, including brand and operations.
What is Franchising?
Enjoying interacting with people from other cultures reflects this CQ dimension.
What is Motivational CQ?
Low Power Distance
High Individualism
Medium Uncertainty Avoidance
High Masculinity
What is Germany?
This strategy assumes the world is interconnected and products can be standardized worldwide.
What is a global strategy?
A culture that values competition, success, and achievement is high in this dimension.
What is Masculinity?
Countries like Sweden and Norway belong to this cluster.
What is Nordic Europe?
When two companies from different countries agree to conduct joint business activities.
What is a Strategic Alliance?
Changing your body language in different cultures reflects this CQ dimension.
What is Behavioral CQ?
High Power Distance
Medium Individualism
High Uncertainty Avoidance
High Masculinity
What is Mexico?
This strategy adapts products and marketing to meet the needs of specific local markets.
What is a local strategy?
In a low power distance culture, managers are expected to be this type of leader.
What is democratic or participative?
In Confucian Asia, this leadership style is rated high and focuses on protecting status and maintaining order.
What is Self-Protective leadership?
Companies that operate internationally from the day they are created are called this.
What are Born Globals?
Assuming all individuals in a culture behave the same is called this
What is Cultural Stereotyping?
Low Power Distance
Medium Individualism
High Uncertainty Avoidance
High Masculinity
What is Japan?