Questions and Answers | A+ Score
Assured
Elements of Culture - 🧠 ANSWER ✔✔Cross-Cultural risk
Dimensions
Language
Religion
Models and explanations
Managerial implications
Culture - 🧠 ANSWER ✔✔The values, beliefs, customs, arts, and other products of
human thought and work that characterize a people of a given society
, Cross-Cultural Risk - 🧠 ANSWER ✔✔A situation or event in which a cultural
misunderstanding put some human value at stake.
4 major risks of international business - 🧠 ANSWER ✔✔cross-cultural risk
Country risk
Currency risk
Commercial risk
Socialization - 🧠 ANSWER ✔✔the process of learning the rules and behavioral
patterns appropriate for living in one's own society
Acculturation - 🧠 ANSWER ✔✔the process of adjusting and adapting to a culture
other than one's own.
Values - 🧠 ANSWER ✔✔persons judgements about what is good or bad,
acceptable or unacceptable, important or unimportant, and normal or abnormal. the
basis for our motivation and behavior.
Attitudes - 🧠 ANSWER ✔✔unconsciously held and may not be based on logical
facts