Introduction to IB chapter 3 Flashcards
Expatriate assignments
Temporary job abroad with a multinational company
Power distance
The extent to which less powerful members within a country expect and accept that power is distributed unequally
Artefacts of culture
Physical objects that represent the visible surface of culture
Individualism
The perspective that the identity of an individual is fundamentally their own
Collectivism
The idea that the identity of an individual is primarily based on the identity of their collective group
long-term orientation
A perspective that emphasizes perseverance and savings for future betterment
Secular societies
Societies where religion doesn’t dominate public life
Lingua Franca
The dominance of one language as a global business language
Cultural cluster
Countries that share similar cultures
Ethics
Principles, standards and norms of conduct governing individual and firm behavior
Institutional distance
The similarity or difference in the rules, regulations and societal norms of two countries
Ethical relativism
A perspective that suggests that all ethical standards are relative
Ethical imperialism
A perspective that suggests that: “there is only one set of Ethics, and we have it”
Cultural intelligence
An individuals’ ability to understand and adjust to new cultures
