Chapter 1 Flashcards

1
Q

What are some internal factors that influence decision making?

A

Organizational history & culture***
Policies and Systems
Existing resources

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2
Q

What are some external factors that influence decision making?

A

Decisions made by competitors, suppliers, customers
Labor markets
National Culture***
The national, regional, and world economies

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3
Q

Hofstede definition of culture

A

The collective programming of the mind which distinguishes the members of one human group from another

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