IB Chapter 2

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IB Chapter 2
2015-02-23 22:57:36
ib test
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  1. What is culture?
    knowledge, belief, values, laws, customs, and other capabilities of one group that distinguishes it from other groups. In other words, culture is the way of life of a society
  2. key elements of culture
    language and communication, religion, values, social structure, attitudes
  3. List, define, and compare three levels of
    national culture- time, language, food, nature, face, religion, hostede's. business: eye contact, decision making speed, implementation speed, collective or individual responsibility. corporate: evaluation, reward, promotion criteria, time frame
  4. which type of market culture is best for IB?
    Adhocracy and Market culture proved more successful in the contemporary global world
  5. christianity
    protestant work ethic, Max Weber suggested that it was this ethic and its focus on hard work, wealth creation, and frugality, that caused capitalism
  6. islam
    one true omnipotent God, people do not own property and business practice is prescribed
  7. hindu
    spiritual growth and development, may require material and physical self-denial, Promotion and adding new responsibilities may not be the goal of an employee, or may be infeasible due to the employee's caste
  8. buddhism
    emphasize wealth creation, and so entrepreneurial behavior is not stressed. šHowever, because Buddhism does not support the caste system, individuals do have some mobility and can work with different classes
  9. Confucianism
    china- loyalty, reciprocal obligations, and honesty - may all lead to a lowering of the cost of doing business in Confucian societies
  10. low context cultures
    explicit, short relationships, diffused authority, binding agreements
  11. high context cultures
    long relationships, nonverbal, authority is responsible for subordinate action, agreements are flexible, slow change
  12. Hofstede: US, France, and Japan
    US has lower power distance than Japan and France. US has much lower uncertainty avoidance than France and Japan. US has much higher individualism than France and Japan. France has more masculinity than US and Japan.
  13. ethnocentrism
    one’s own culture is better or superior to other cultures.
  14. polycentrism
    it is important to understand the differences in cultures and act accordingly. Managers try to accommodate the cultural differences and its local responsiveness are often organized in a decentralized structure.
  15. geocentrism
    change could be made in certain cultures and in others one has to adapt to the host culture.