Business Chapter 34 Flashcards
Ethnocentrism
The way some people view their own cultures, ethics and norms as superior to those from different cultures
Global marketing
Planning, placing, producing and promoting of a business’s products in a worldwide market
High-context cultures
Cultures, including much of the middle east, Africa, Asia and South America, that are relational, collectivist, intuitive and contemplative . This means that people in these cultures emphasise interpersonal relationships.
Developing trust is an important first step to any business transaction.
Low-context cultures
Cultures, such as those of North America and much of the Europe, that tend to say what they mean. A communication style that relies heavily on explicit and direct language