IBUS EXAM 1 (Ch.3 Review) with Complete Solutions

why does culture matter in international business? - ANSWER-Culture profoundly influences how people think, communicate, and behave. ... Applying this framework in your international business negotiations may enable you to understand your counterpart better and to anticipate possible misunderstandings. what are the cross cultural risks - ANSWER-a situation or event where a cultural miscommunication puts some human value at stake. It arises in environments compromised of unfamiliar languages, and unique values, beliefs, and behaviors what is culture not? - ANSWER-culture is NOT a variable for researchers to measure it is NOT about individual behavior culture is inherited, it is NOT in your DNA it is context that encompasses everything of values/thoughts/virtues What is socialization? - ANSWER-the lifelong social experience by which people develop their human potential and learn culture What is acculturation? - ANSWER-process of adapting to and acquiring another culture what are the dimensions of culture? - ANSWER-High Culture (cultural makeup that is visible) - fine arts - literature - classical music Folk Culture (cultural makeup we are aware of) - religion - etiquette - diet Deep culture (cultural makeup we are unaware of) - gener roles - conversational patterns - concepts of beauty perception of time - ANSWER-The time it takes you to recognize a hazard Time is just for guidance