6 cultural metaphor a cultural metaphor is any

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6. Cultural Metaphor - A cultural metaphor is any activity, phenomenon, or institution with which members of a given culture emotionally and/or cognitively identify. 7. Low / High Context Culture – Low Context – Get down to business first, expertise and performance are valued, agreements emphasize specific contract, and negotiations are efficient as possible. High Context – Establish social trust first, personal relations and goodwill are valued, agreements emphasize trust, and negotiations slow and ritualistic. 8. Cultural Intelligence - person’s ability to function effectively in culturally diverse situations. 9. Critical Incidence Analysis - a set of procedures used for collecting direct observations of human behavior that have critical significance and meet methodically defined criteria. 10. G. Hofstede Research on National Cultures - four dimensions of national culture include long-term orientation and power distance
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Chapter 5 1. U.S. Foreign Corrupt Practices Act - makes it illegal for U.S. firms to offer bribes to foreign parties in order to secure or retain business. 2. Ethics in international business - Most companies seek to ensure ethical practices in their international operations. The most advanced firms proactively emphasize not just ethical behavior, but also corporate social responsibility and sustainability. 3. Corruption (p.120) - the abuse of power to achieve illegitimate personal gain. 4. CSR - in what ways is this good for business? – Corporate Social Responsibility is the manner of operating a business that meets or exceeds the ethical, legal, commercial, and public expectations of customers, shareholders, employees, and communities. A strong CSR is good for business because it helps recruit and keep good employees. 5. Sustainability - 3 types of interests: economic; environmental; social - Economic interests refer to the firm’s economic impact on the localities where it does business, such as regarding job creation, wages, and public works. Social interests refer to how the firm performs relative to social justice, such as avoiding the use of child labor, sweatshops, as well as providing employee benefits. Environmental interests refer to the extent of the firm’s impact and harm to the natural environment. 6. Intellectual Property Rights (p.121) - are the legal claim through which proprietary assets are protected from unauthorized use by other parties, via trademarks, copyrights, and patents.
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