Globalization and the concept of distance Flashcards

1
Q

What does CAGE stand for in the Ghemawats Cage-framework

A

C: Cultural Distance
A: Administrative Distance
G: Geographic Distance
E: Economic Distance

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2
Q

What increases the Cultural Distance between two countries?

A
  • Different languages, ethnicities, religions and social norms.
  • Lack of connective ethnic or social network
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