Quiz 1 Study Guide
QUIZ I – STUDY GUIDE
IB-571 – Polychroniou • IMF (about)：International Monetary Fund • GATT/WTO (about): General Agreement on Tariffs and Trade/ World Trade Organization • Culture (definition/character/origins/components) Definition: Culture can be defi ned as a society’s accepted basis for responding to external and internal events.
Most traditional defi nitions of culture center around the notion that culture is the sum
of the values, rituals, symbols, beliefs, and thought processes that are learned and shared
by a group of people, Character: Origins of Culture A Culture’s Behavior & Attitudes Determining societal response to External & Internal stimuli Constantly evolves Affects management style Origins：[pic] Politico-economic philosophy Social structure – Religion – Language – Education Power of Acculturation Intercultural Permeation – Sociopolitical Homogenization Components: [pic] Culture satisfies needs Learned at an Early Age Shared through Institutions Cultural Homogeneity
• Individualism/Collectivism
The Individualism/Collectivism dimension has proven the most useful of the four dimensions, justifying entire books on the subject
The Individualism/Collective Index refers to the preference for behavior that promotes one’s self-interest.
• Effects of technology on economic growth • How culture impacts life3 What and How Culture is affected Politico-economic philosophy Social structure – Religion – Language – Education Power of Acculturation Intercultural Permeation – Sociopolitical Homogenization • Culture & management style
Authority and Decision Making
Management Objectives and Aspirations
IB-571 – Polychroniou • IMF (about)：International Monetary Fund • GATT/WTO (about): General Agreement on Tariffs and Trade/ World Trade Organization • Culture (definition/character/origins/components) Definition: Culture can be defi ned as a society’s accepted basis for responding to external and internal events.
Most traditional defi nitions of culture center around the notion that culture is the sum
of the values, rituals, symbols, beliefs, and thought processes that are learned and shared
by a group of people, Character: Origins of Culture A Culture’s Behavior & Attitudes Determining societal response to External & Internal stimuli Constantly evolves Affects management style Origins：[pic] Politico-economic philosophy Social structure – Religion – Language – Education Power of Acculturation Intercultural Permeation – Sociopolitical Homogenization Components: [pic] Culture satisfies needs Learned at an Early Age Shared through Institutions Cultural Homogeneity
• Individualism/Collectivism
The Individualism/Collectivism dimension has proven the most useful of the four dimensions, justifying entire books on the subject
The Individualism/Collective Index refers to the preference for behavior that promotes one’s self-interest.
• Effects of technology on economic growth • How culture impacts life3 What and How Culture is affected Politico-economic philosophy Social structure – Religion – Language – Education Power of Acculturation Intercultural Permeation – Sociopolitical Homogenization • Culture & management style
Authority and Decision Making
Management Objectives and Aspirations