MADM 701 Ch 2 Exam Questions with Correct Answers| Latest Update Guaranteed Success
Reasons for Cross-Cultural Complexity People are influenced by multiple cultures
People from same country have different values, beliefs, and behaviors
People may adjust their behaviors to deal with foreigners and not reflect their own culture
Simple cultural categorizations (e.g.--time important to Americans) may not be good predictors
of behavior
Global Mindset Attribute that allows individuals to compensate for a cultural knowledge gap
by being able to understand similiarities and differences that distinguish cultural groups and
being comfortable within those different cultural environments
Reasons for Emergence Changing Demographics
Legislation and Lawsuits
Growth in International Business
Competitive Pressures
Need for Diverse Viewpoints
Changing Demographics U.S. women on average trail men in pay for same type of job
Improving—U.S. women represent 1/2 of college students; 1/3 of MBA degree holders, and 1/2
of middle managers
Legislation and Lawsuits Protection from age, pregnancy, disability, Civil Rights protected
classes, and family/medical discrimination
Growth in International Business Cultural diversity a by-product of going international
Competitive Pressures Diversity associated with more innovation and potential
breakthrough competitive advantages
Reasons for Cross-Cultural Complexity People are influenced by multiple cultures
People from same country have different values, beliefs, and behaviors
People may adjust their behaviors to deal with foreigners and not reflect their own culture
Simple cultural categorizations (e.g.--time important to Americans) may not be good predictors
of behavior
Global Mindset Attribute that allows individuals to compensate for a cultural knowledge gap
by being able to understand similiarities and differences that distinguish cultural groups and
being comfortable within those different cultural environments
Reasons for Emergence Changing Demographics
Legislation and Lawsuits
Growth in International Business
Competitive Pressures
Need for Diverse Viewpoints
Changing Demographics U.S. women on average trail men in pay for same type of job
Improving—U.S. women represent 1/2 of college students; 1/3 of MBA degree holders, and 1/2
of middle managers
Legislation and Lawsuits Protection from age, pregnancy, disability, Civil Rights protected
classes, and family/medical discrimination
Growth in International Business Cultural diversity a by-product of going international
Competitive Pressures Diversity associated with more innovation and potential
breakthrough competitive advantages
