D312 Exam Prep: Questions with 100% correct
answers
Globalization
"a process whereby worldwide interconnections in virtually every sphere of activity are growing.
Some of these interconnections lead to integration/unity worldwide; others do not."
Growing economic interconnectedness
- Regional integration (Free trade area, no internal tariffs)
- Customs union (no internal tariffs plus common external tariffs)
- Common market (customs union plus factor mobility)
More complex and dynamic work environment
-Downsizing
-Privatization
-Team-based management
-Migrants changing workforce composition
information technology advances
- ease of communication
-access to info and resources
- employee work roles will need to be adjusted
More and different players on the global stage
- the increased permeability of boundaries associated with globalization also applies to illegal
and terrorist activities
, role of global manager
- leadership
- decision-making
- communication
-negotiation
Global environment:
- Economic
- Legal
- Political
- Cultural
What is culture and how it works
Culture is a set of knowledge structures consisting of systems of values, norms, attitudes, beliefs,
and behavioral meanings that are shared by members of a social group (society) and embedded
in its institutions and that are learned from previous generations.
National Culture
- Distinctive culture
-Multiple cultures can exist within country borders
-Cultural groups can span many countries
-Hofstede favors country culture
-Nations as political entities
answers
Globalization
"a process whereby worldwide interconnections in virtually every sphere of activity are growing.
Some of these interconnections lead to integration/unity worldwide; others do not."
Growing economic interconnectedness
- Regional integration (Free trade area, no internal tariffs)
- Customs union (no internal tariffs plus common external tariffs)
- Common market (customs union plus factor mobility)
More complex and dynamic work environment
-Downsizing
-Privatization
-Team-based management
-Migrants changing workforce composition
information technology advances
- ease of communication
-access to info and resources
- employee work roles will need to be adjusted
More and different players on the global stage
- the increased permeability of boundaries associated with globalization also applies to illegal
and terrorist activities
, role of global manager
- leadership
- decision-making
- communication
-negotiation
Global environment:
- Economic
- Legal
- Political
- Cultural
What is culture and how it works
Culture is a set of knowledge structures consisting of systems of values, norms, attitudes, beliefs,
and behavioral meanings that are shared by members of a social group (society) and embedded
in its institutions and that are learned from previous generations.
National Culture
- Distinctive culture
-Multiple cultures can exist within country borders
-Cultural groups can span many countries
-Hofstede favors country culture
-Nations as political entities
