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blank Chapter 2 Notes - Chapter 2 Notes(MNGT 470 Challenges...

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Chapter 2 Notes (MNGT 470) Challenges for Managers Three Challenges to Managers: 1. ________________ 2. ________________ 3. ________________ How Managers Handle These 3 Challenges: 1. Shapes Employee __________ 2. Affects ____________ 3. Create _____________ Changing Business Perspectives: From : International which implies an individual’s or organization’s ____________ is held strongly in consciousness. To : ____________ which implies the world is free from national boundaries and that it is really a borderless world. From : _____________ organizations (in which the organization was recognized as doing business in several countries) To : _____________organizations (in which the global viewpoint supersedes national issues) Factors in Cultural Differences: _______________ – a cultural orientation in which people belong to loose social frameworks; primarily concern for self and family. (Capitalism) _______________ - a cultural orientation in which individuals belong to tightly knit social frameworks; depend on large extended families or clans. (Socialism) _______________ – the degree to which a culture accepts unequal distribution of power. _______________ – the degree to which a culture tolerates ambiguity and uncertainty.
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