Ch. 4 The Cultural Environment of International Business Flashcards
Key concepts of culture
propably wont have to memorize the list but will have to know about each one
1 cross cultural risk 6 cultural change
2 characteristics of culture 7 international business context
3 models and explanations 8 managerial implications
4 religion
5 language
What are the four risks of International Business?
1Cross-Cultural Risk
2 Country Risk
3 Currency (Financial Risk)
4 Commercial Risk
culture
the learned, shared, and enduring orientation patterns in a society. People demonstrate their culture through values, ideas, attitudes, behaviors, and symbols.
cross cultural risk
a situation or event where a cultural miscommunication puts some human value a stake. It arises in environments characterized by unfamiliar languages and unique value system beliefs, and behaviors
Ethnocentric orientation
using our own culture as the standard for judging others
polycentric orientation
a mindset in which the manager develops a greater affinity for the country in which he or she works than for the home country
geocentric orientation
a global mindset in which the manager is able to understand a business or market without regard to national boundaries
Culture is not…not…not…
not right or wrong, not about individual behavior, and not inherited
Socialization
the process of learning the rules and behavioral patterns appropriate to one’s society
acculturation
the process of adjusting and adapting to a culture other than ones own
explain why culture is like an iceberg
above the surface certain characteristics are visible, below he surface is a massive base of assumptions, attitudes, and values that strongly influence decision-making relationships, and other dimensions of business.
culture is linked by various factors
1 geography
2 ethnicity
3 gender-perceptions unique to men and women
4 age-seniors, baby boomers, teens children
5 language-both reflects, and is reflected by cultural differences
6 occupation-perspectives differ among blue/white collar, artists
National Culture
nationality ethnicity gender religion social institutions social class educational systems
Professional Culture
academe business banking engineering computer programming legal medical military
cultural metaphors
refer to a distinctive tradition or institution strongly associated with a society; a guide to deciphering attitudes, values, and behaviors