Gloabalization- Miscellaneous
Gloabalization -Backlash
Terms
Cutural Understanding
Cultural Differences Factors
100
The extent that managers of an organization accept inequality and wheter they perceive much distance between those with power
What is Power Distance
100
Companies restructure and adapt to market forces and workforces churn- operations are being sent overseas
What is Insecurity?
100
One that has become an “insider” in any market or nation where it operates and is thus competitive with domestic firms operating in local markets; has a global strategic perspective and claims its legitimacy from its effective use of assets to serve its far-flung customers
What is Global Corporation?
100
Refers to characteristic ways of doing things and behaving that people in a given country or region have evolved over time.
What is Culture?
100
Self-identity; some countries promote independence/creativity –others group cooperation/conformity
What is Sense of Self and Space?
200
Knowlege of what motivates workers in a givenculture combined with a knowlege of what they think matters in life is critical to the success of the international manager
What is Work Motivation and Practices?
200
Long-held prescriptios for solving international financial crisis are losing support; bailing out of private banks-depressing growth- and forcing unemployment higher no longer acceptable as sole remedy t finanacial troubles overseas.
What is Policy?
200
Country in which the expatiate is working
What is Host Country?
200
This includes outward garments as well as body decorations
What is Dress and Appearance?
200
The manner food is selected-prepared-presented-and eaten differs by culture
What is Food and Feeding Habits?
300
Indexes assume that a person is not completely new to a situation and has learned about some local brands/outlets and therefore pays prices that are lower than someone who is not familar with the location.
What is Efficient Purchaser Indexes?
300
Big multilateral institutions losing their credibility; secret decions made behind closed doors not acceptable
What is Mistrust?
300
A foreign-service employee; a generic term applied to anyone working outside her or his home country with a planned return to that or a third country
What is an Expatriate?
300
Managers believe in the inherent superiority of their own group and culture, and they tend to look down on those considered “foreign”
What is Local Perspective?
300
Verbal and nonverbal: words can mean different things to different cultures
What is Communication and Language?
400
Global telecommunications enhanced by fiber optics, satellites, and computer technology; Growing free trade among nations; Financial markets' being open 24 hours a day around the world; The emergence of global standards and regulations for trade, commerce, finance, products, and services
What are Signs of Globalization
400
Environment and labor standards overseas are genuine issues
What is Priorities?
400
The expatriate’s country of residence
What is Home Country?
400
The difficulty people have adjusting to a new culture that differs markedly from their own
What is Culture Shock?
400
What’s important in society; local customs
What is Values and Norms?
500
The extent to which a culture programs its memebers to feel either comfortable or uncomfortable in unstructured situations
What is Uncertainty Avoidance?
500
Science and innivation in US and Europe seen by many as threats, not solutions; preservation of traditional, national values is most important- Globalization is the enemy
What is Technophobia?
500
An expatriate who has transferred to an additional country while working abroad
What is a Third Country National?
500
managers are sensitive to cultural differences, respect the distinctive practices of others, and make allowances for such factors when communicating with representatives of different cultural groups
What is Cosmopolitan Perspective?
500
To Americans time is money; In other countries people will not be rushed
What is Time and Time Consciousness?