Differences in Culture - International Business

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  • Created by: Helen
  • Created on: 21-04-13 21:46
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  • Differences in Culture
    • What determines culture?
      • Religion
        • Christianity
        • Islam
        • Hinduism
        • Buddhism
      • Political and Economic Philosophy
      • Education
        • Competitive advantage
        • Good index for kinds of products a country might sell
      • Language
        • One of the defining  characteristics of culture
        • English is becoming the language of international business
        • Spoken and unspoken
      • Social Structure
        • How a society  organizes itself
          • 2 dimensions are particularly important
            • Individual/Group
            • Social Stratification
    • How does  culture impact the workplace?
      • Hofstede's dimensions of culture
        • Power distance
        • Uncertainty avioidance
        • Individualism vs Collectivism
        • Masculinity vs Femininity
    • Does Culture  change?
      • Evolves over time
      • Social Turmoil
      • MNEs can be agents of cultural change
    • What do cultural  differences mean for managers?
      • Important to develop cross-cultural literacy
      • Avoid being ill-formed
      • Guard against ethocentrism
      • Connection between culture and national competitive advantage
  • Social Stratification
  • Uncertainty avioidance

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