Emphasizes reciprocal exchange of favors as well as

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Emphasizes reciprocal exchange of favors as well as mutual obligations. Rooted in ancient Confucian philosophy, which values social hierarchy and reciprocity. Engenders trust, thereby serving as a form of insurance in a potentially risky business environment.
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Religion A system of common beliefs or attitudes regarding a being or system of thought that people consider sacred, divine, or the highest truth; and the associated moral values, traditions, and rituals. Influences culture, and therefore business and consumer behavior. Example: The ‘protestant work ethic’ emphasizes hard work, individual achievement, and a sense that people can control their environment- the underpinnings for the development of capitalism. International Business: The New Realities 4-13
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Role of Religion in Islamic Societies Islam is the basis for government, legal and social systems. As Muslims view God’s will as the source of all outcomes, they are relatively fatalistic and reactive. Islam’s holy book, the Qur’an, prohibits drinking alcohol, gambling, usury, and ‘immodest’ exposure. The prohibitions affect firms dealing in various goods. Examples Nokia launched a mobile phone that shows Muslims the direction towards Mecca, Islam’s holiest site. Heineken rolled out the non- -alcoholic malt drink Fayrouz .
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Most Common Primary Languages in the World
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Most Common Primary Languages in the World X
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Most Common Primary Languages in the World X
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Most Common Primary Languages in the World X
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Most Common Primary Languages in the World X
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Most Common Primary Languages in the World X
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Most Common Primary Languages in the World Source: Ethnologue, at www.ethnologue.com
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Examples of Differences in Meaning Between British and U.S. English
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Examples of Differences in Meaning Between British and U.S. English
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Examples of Differences in Meaning Between British and U.S. English
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Examples of Differences in Meaning Between British and U.S. English
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Examples of Differences in Meaning Between British and U.S. English
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Examples of Differences in Meaning Between British and U.S. English
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Examples of Differences in Meaning Between British and U.S. English
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Culture and Contemporary Issues: The Services Sector Although trade in services is less than trade in products, the services sector is internationalizing rapidly. FDI is the most typical entry strategy.
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