Business in Europe Final Flashcards

1
Q

Collectivism

A

A preference for a tight knit society where individuals expect people to look after them in exchange for unwavering loyalty
Use of the word “I’ is avoided
Social network is the primary source of information

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2
Q

Individualism

A

People are expected to look after themselves and their immediate family only
Consumption patterns show self supporting lifestyles
Independent self

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3
Q

Low Power Distance

A

Values the equal treatment of everyone
All should have equal rights
Skills, wealth, power, and status should go together
Subordinate - superior relations are pragmatic

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4
Q

High Power Distance

A

Strong hierarchy gives great difference to a person of authority, everyone has their place in life
Corruption often happens
Centralization is popular

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5
Q

Masculine

A

Social gender roles are distinct, preference for material reward and achievement
Religion approve sex for procreation rather than recreation
Poor countries should help themselves
Performance society

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6
Q

Feminine

A

Both men and women are equal, care for the weak, high quality of life
Permissive Society
Dominant religion stresses complementarity of sexes

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7
Q

Low Uncertainty Avoidance

A

More open and inclusive, relaxed, willing to take risks
Low stress and low anxiety
Lenient rules for children on what is dirty and taboo
Teachers may say “i do not know”

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8
Q

High Uncertainty Avoidance

A

Believe in strict manners and intolerant of unorthodox ideas
In affluent western countries, fewer children for stability
More books and newspapers for more information

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9
Q

Short Term Orientatied

A

emphasis on truth and consistency, respect for tradition
Managers and workers are psychologically in two camps
Analytical thinking

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10
Q

Long Term Orientated

A

Save, invest, achieve bigger results
Low rates of imprisonment
Matter and spirit are integrated

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11
Q

Hall’s

A

Distance, Time orientation, Context, Information flow

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12
Q

Distance

A

Personal space, how much a country touches or how close they stand to each other

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13
Q

Time orientation

A

Monochronic - prefer to do one thing at a time and adhere to schedules
Polychronic - time is more fluid and people are more flexible

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14
Q

Context

A

High Context - prioritizes relations and emotions, speak with body language and tone
Low Context - very direct, formal, and rational

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15
Q

Information Flow

A

Formal vs informal communication.

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16
Q

High Individualism Business suggestions

A

High individualism → low context - be very direct and formal, high personal space - give them space, dont touch a lot

17
Q

High Long term Orientation Business Suggestions

A

High Context - care about relationships, polychromic - time is more fluid

18
Q

High Uncertainty Avoidance Business Suggestions

A

Low Context - be very direct, formal, and rational

19
Q

High Power Distance Business Suggestions

A

High Personal space - shows respect

20
Q

High Masculinity

A

Monochromic - focus on task completion and efficiency