chap 3 - Femininity preference for relationships,...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
International mgmt – mgmt of business operations conducted in multiple countries Infrastructure – country’s physical facilities that support economic activities Political risk – company’s risk of loss of assets, earning power, or managerial control due to politically based events or actions by host gov’ts Power distance – degree to which people accept inequality in power Uncertainty avoidance – degree of people’s intolerance of ambiguity and support for beliefs that promise certainty and conformity Individualism – preference for social framework in which individuals are expected to take care of themselves Collectivism – preference for a tightly knit social framework in which members look after one other Masculinity – preference for achievement, heroism, assertiveness, work centrality, material success
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 2
This is the end of the preview. Sign up to access the rest of the document.

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 ones 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 intl 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...
View Full Document

This note was uploaded on 04/07/2008 for the course MGMT 3001 taught by Professor Someguy during the Spring '08 term at Minnesota.

Page1 / 2

chap 3 - Femininity preference for relationships,...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online