International Strategy Flashcards
1
Q
Hofstede’s 5 Dimensions of Culture
A
- Power Distance Index
- Individualism
- Masculinity
- Uncertainty Avoidance Index
- Long-Term
2
Q
Power Distance Index
A
The extent to which powerful members of an organization accept uneven distribution of power
3
Q
Individualism
A
The degree to which people are integrated into groups
Individualist - everyman for themself
Collectivist - strong cohesive groups
4
Q
Masculinity
A
Masculine: achievement, heroism reward. HARM
Feminine: Cooperation, modesty, care for the weak.
5
Q
Uncertainty Avoidance Index
A
A society’s tolerance for uncertainty
6
Q
Long-Term Orientation
A
Future-oriented view vs a historically oriented point of view
Asian countries score high here
7
Q
Hofstede
A
Culture is more of a source of conflict than synergy
