GLOBALIZATION: A SOCIO-CULTURAL PERSPECTIVE INTRODUCTION Globalization is the process which has enabled countries all over the world to come together and trade freely with one another. The countries lower down their trade barriers and the world becomes a global village. It has led to increased interdependence and interconnectivity between the countries. The countries are connected economically and technologically with one another and this provides many opportunities to the less developed countries
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Geert Hofstede’s Cultural Dimensions National cultures can be described according to the analysis of Geert Hofstede. These ideas were first based on a large research project into national culture differences across subsidiaries of a multinational corporation (IBM) in 64 countries. Subsequent studies by others covered students in 23 countries‚ elites in 19 countries‚ commercial airline pilots in 23 countries‚ up-market consumers in 15 countries‚ and civil service managers in 14 countries. Together
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“THE NEED AND USE BEHAVIOR FOR SMALL DENOMINATION COINS” A study commissioned by Reserve Bank of India July 2005 BIRLA INSTITUTE OF TECHNOLOGY AND SCIENCE Pilani‚ Rajasthan – 333 031 RBI: Need and Use Behavior for Coins________________________________________ ACKNOWLEDGEMENT We thank Reserve Bank of India and the Deputy Governor‚ Smt K.J. Udeshi for entrusting the assignment to us. We are grateful to Shri P.K. Biswas‚ Executive Director for sparing time during the assignment and providing
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Chapter 1 Review Question 1. Define a project. What are five characteristics that help differentiate projects from other function carried out in the daily operations of the organization? A project is a temporary endeavor undertaken to create a unique product‚ service‚ or result. Five characteristics: 1. An established objective. 2. A defined life span with a beginning and an end. 3. Usually‚ the involvement of several department and professionals. 4. Typically‚ doing something that has never
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most widely used national cultural framework in psychology‚ sociology‚ marketing and management studies. His dimensions were all constructed in such a way that they addressed basic problems that all societies have to deal with. Thus‚ these dimensions of national culture were constructed at the national level namely: PDI: Power Distance Index IDV: Individualism versus collectivism MAS: Masculinity versus Femininity UAI: Uncertainty Avoidance Index In 1991‚ a fifth dimension has been added – LTO – Long
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destroying impact of mass tourism because of littering‚ over visitation of natural sights etc. Due to this many tourism dedicate their CSR programmes mainly to this issue as it is the best known. However‚ tourism also has another impact‚ namely the socio-cultural. This means that social structures‚ the culture and traditions can be influenced‚ changed or even completely substituted due to tourism. This can be mainly noticed by the local communities themselves and is less obvious for the tourists. Nevertheless
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Looking back at Hofstede’s dimensions of cultural differences (chapter 2‚ pg 39-41)‚ describe a significant difference between cultures that you have witnessed. Use the Geert Hofstede website links below to compare the two cultures in your example and describe the relative merits of the different approaches in an organizational situation. Main Hofstede Web site: http://www.geert-hofstede.com/ (page down for descriptions of the cultural dimensions) Compare two cultures: http://www.geert-hofstede
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Vygotsky’s Socio-Cultural Theory The key theme of Vygotsky’s theory is that social interaction plays a very important role in cognitive Development He believed that individual development could not be understood without looking into the social and cultural context within which development happens. Because of his experience when he was a young boy‚ together with his interest in literature and his work as a teacher‚ led him to recognize social interaction and language as two central factors
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What coins and notes can tell Here are some notes and coins. Can you spot the ones used in India? What do we call the note and the coin in India? You are right! In India the note is called a Rupee and the coin is called a Paisa Do the Rupee ad the Paisa tell you something? Let’s observe! Look at the coin carefully. What can you see on the coin? What is at the centre of the coin? What does the number stand for? What is written on the coin? Note
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They may be strategic‚ tactical or operational in nature. Major dimensions of strategic decisions The major dimensions of strategic decisions are as follows: 1. Strategic issues require top-management decisions: Strategic issues involve thinking in totality of the organization’s objectives in which a considerable amount of risk is involved. Hence‚ problems calling for strategic decisions require to be considered by the top management. 2. Strategic issues involve the allocation of large amounts of
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