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Unformatted text preview: Femininity – preference for relationships, cooperation, group decision making, quality of life Long-term orientation – greater concern for the future and high value on perseverance Short-term orientation – concern with the past and present and a high value on meeting social obligations Ethnocentrism – regarding one’s own culture as superior to others Most favored nation clause – GATT clause, member countries must grant other countries the best treatment the accord any country Market entry strategies – strategy for entering foreign market Global outsourcing – engaging in int’l division of labor to obtain the cheapest sources of labor and supplies Culture shock – feelings of confusion, disorientation, anxiety, that result from being immersed in a foreign culture...
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- Spring '08
- Sociology, favored nation clause, social obligations Ethnocentrism, power Uncertainty avoidance