Stereotypes, p. 78
The assumption that every member of society or subculture has the same characteristics
without regard to individual characteristics.
Values, p. 78
A groups ideas and convictions about what is important, good or bad.
Project Globe p. 78-
The globalization of human capital, why are people from developed countries concerned, why is
there globalization of human capital, p. 19-20
Labor forces are expanding worldwide:
Movement across borders for all types of workers.
Offshoring of jobs to
Managing political risk p. 25-26
Means of adapting
Equity sharing with the initiation of joint ventures with nationals to
reduce political risk.
Management requires the firm involves nationals with labor
unions/government in the within the subsidiary.
The Social Responsibility of MNCs, p. 40-43
CSR definition and benefits from:
The belief that corporate activities should take into consideration the welfare of the
various stakeholders affected by those activities.
Allows improved access to capital,
Cultural intelligence, cultural savvy, p. 73
A measure of how well a person can adapt and manage effectively in culturally diverse
settings. Requires working knowledge of the cultural variables affecting management and
how to adapt to behavior and expecta
What is globalization, p. 4
Global competition characterized by networks of international linkages that bind
countries, institutions, and people in an interdependent global economy.
Global trends leading to rapid development of globalization p. 6
International business ethics, p. 49
General rules vs shared values in different countries; conflicting objectives,
What is Transparency International p. 49-50
A German nongovernmental organization that fights corruption.
According to the GLOBE project team, less assertive societies emphasize loyalty and solidarity,
An event that affects all foreign firms doing business in a country or region is called a
macropolitical risk event.
Contingency management requires managers t
Paternalism and patronage are important in humane-oriented societies.
Performance-oriented societies tend to take initiative and have the confidence to get things done.
Political risk insurance and local debt financing are forms of hedging.
International Management Exam 1 - Chapters 1-3
Test format could include multiple-choice, true-false, matching, fill-in the blank, and shortanswer.
Please come with your study guide addressing the following topics completed before class on
Wednesday. Do n