Chapter 3 Flashcards

1
Q

Informal institutions

A

Institution represented by cultures, ethics, and norms

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2
Q

Ethnocentrism

A

A self-centered mentality by a group of people who perceive their own culture, ethics, and norms as natural, rational, and morally right

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3
Q

Culture

A

The collective programming of the mind that distinguishes the members of one group or category of people from another
(includes language, religion, social structure, and education)

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4
Q

Lingua franca

A

A global business language

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5
Q

Social structure

A

The way a society broadly organizes its members

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6
Q

Social stratification

A

The hierarchical arrangement of individuals into social categories (strata) such as classes, castes, and divisions within a society

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7
Q

Social mobility

A

The degree to which members from a lower social category can rise to a higher status

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8
Q

Context

A

The underlying background upon which social interaction takes place

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9
Q

Low-context culture

A

A culture in which communication is usually taken at face value without much reliance on unspoken context

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10
Q

High-context culture

A

A culture in which communication relies a lot on the underlying unspoken context, which is as important as the words used

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11
Q

Cluster

A

Countries that share similar cultures

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12
Q

Civilization

A

The highest cultural grouping of people and the broadest level of cultural identity people have

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13
Q

Power distance

A

The extent to which less powerful members within a culture expect and accept that power is distributed unequally

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14
Q

Individualism

A

The idea that an individual’s identity is fundamentally their own

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15
Q

Collectivism

A

The idea that an individual’s identity is fundamentally tied to the identity of their collective group

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16
Q

Masculinity

A

A relatively strong form of societal-level gender role differentiation whereby men tend to have occupations that reward assertiveness and women tend to work in caring professions

17
Q

Femininity

A

A relatively weak form of societal-level gender role differentiation whereby more women occupy positions that reward assertiveness and more men work in caring professions

18
Q

Uncertainty avoidance

A

The extent to which members in a culture accept or avoid ambiguous situations and uncertainty

19
Q

Long-term orientation

A

Dimension of how much emphasis is placed on perseverance and savings for future betterment

20
Q

Ethics

A

The principles, standards, and norms of conduct that govern individual and firm behavior

21
Q

Code of conduct (code of ethics)

A

A set of guidelines for making ethical decisions

22
Q

Ethical relativism

A

A perspective that suggests that all ethical standards are relative

23
Q

Ethical imperialism

A

A perspective that suggests that “there is one set of Ethics (with a capital E) and we have it

24
Q

Corruption

A

The abuse of public power for private benefits, usually in the form of bribery

25
Q

Foreign Corrupt Practices Act (FCPA)

A

A US law enacted in 1977 that bans bribery of foreign officials

26
Q

Extraterritoriality

A

The reach of one country’s laws to other countries

27
Q

In-group

A

Individuals and firms regarded as a part of “us”

28
Q

Out-group

A

Individuals and firms not regarded as a part of “us”

29
Q

Cultural distance

A

The difference between two cultures along identifiable dimensions (such as individualism)

30
Q

Institutional distance

A

The extent of similarity or dissimilarity between the regulator, normative, and cognitive institutions of two countries

31
Q

Cultural intelligence

A

An individual’s ability to understand and adjust to new cultures