Brainscape's Knowledge GenomeTM


Top Flashcards (Certified)
All Flashcards

IBT > MIDTERM > Flashcards

MIDTERM Flashcards

(67 cards)

Start Studying
1
Q

Customary beliefs l
-system of values

A

Culture

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Various beliefs behaviors languages practices and expressions

A

Cultural differences

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Group of people participating in continuous social connection

A

Society

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Shared national identity physical borders and a single government

A

Nation state

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Rule or standard of behavior shared by members of a social group

A

Norms

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Beliefs and principles that you believe

A

Values

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Simple objects such as tool or ornament showing human workman

A

Artifacts

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Something that stands for represents or suggest another

A

Symbols

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Structured system of communication that consist of grammar and vocabulary

A

Language

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

It is essential to the success of any business venture but it is particularly critical when there is real risk of your message getting lost in translation

A

Communication

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Attitudes toward management roles and also vary widely between cultures.

A

Organizational hierarchy

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Different approaches to professional communication

A

Workplace etiquette

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

This could make it easier for business people to recognize cultural differences

A

Cultural awareness

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

To believe in cultural pluralism

A

Develop a sense of cultural heterogeneity

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

One of the most important characteristics in international relationships is flexibility

A

Be flexible but retain your own identity

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Successful business deal should benefit both sides

A

Believe in win win game

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

Business people should prioritize the goal of the company

A

Task and purpose related focus

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

Manage their firm well in spite of their differences

A

Create cultural synergy

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

Refers to how openly a society of culture accepts or does not accept differences

A

Power distance

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

Refers to People’s tendency to take care of themselves

A

Individualism

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
21
Q

Masculine or feminine cultures

A

Masculinity versus femininity

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
22
Q

How much uncertainty of society or culture is willing to accept

A

Uncertainty avoidance

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
23
Q

Various persistence perseverance thriftiness and having a sense of

A

Long term orientation

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
24
Q

Values tradition only to the extent of fulfilling social obligations or providing gifts or favors

A

Short term orientation

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
25
Transform due to massive adoption of cultural traits from the another society
Cultural change
26
Priority of one's own culture
Ethnocentric behavior
27
Firms that are ill informed about practices of another culture are unlikely to succeed in the culture
Cross cultural literacy
28
Reorient our mindset and most importantly our
Cross cultural understanding
29
Constitute a global code of conduct -establishes ethical standards for employees and businesses
International business ethics
30
Principles of right or wrong -branch of philosophy that involves systemizing defending and recommending concepts of right and wrong conduct
Ethics
31
Accepted principles of right or wrong governing the conduct of business people
Business ethics
32
Strategy or course of action that does not violate or break this accepted principles
Ethical strategy
33
Situation or topics that raise questions about what is morally right or wrong
Ethical issues
34
Occurs when a person is faced in the situation when there are two or more morally acceptable options
Ethical dilemma
35
MOST COMMON ETHICAL ISSUES IN BUSINESS
Employment practices Human rights Environmental pollution
36
Business people should take social consequences of economic action
More obligation or social responsibility
37
Rooted in poor personal ethics
Unethical behavior
38
Generally accepted principles of right and wrong leading the conduct of individuals
Personal ethics
39
Business people may behave and ethically because they fail to ask the relevant question
Decision making process
40
An ethical behavior may exist in firm with an organization culture the values and standards that are shared among employees of an organization
Organizational culture
41
Pressure from the parent company to meet performance goals
Unrealistic performance expectation
42
People who work for or who own the business
International stakeholders
43
Individuals or groups who have some claim and firm
External stakeholders
44
Guidelines for ethical decision making in a multinational enter
Straw men approaches
45
Suggest that the only social responsibility of business is to increase profits
The friedman doctrine
46
When in rome do what as romans do
Cultural relativism
47
Multinational home country standards of ethics should be followed in foreign countries
The righteous moralist
48
Asserts that if a firm manager of a multinational seas that firm
The naive immoralist
49
Approaches to ethics called that the moral worth of actions
Utilitarian
50
Based on the philosophy of immanuel kant
Kantian ethics
51
Fundamental rights and privileges -minimum level of morally acceptable behavior
Rights Theories
52
Adjust distribution is considered fair and equitable
Justice theories
53
Make sure that a business behaves in a ethical matter
Ethics officers
54
Business people should consider the social consequences of economic actions
Corporate social responsibility
55
Exchange involving a good or service
International trade
56
Comparative advantage arise from differences in national factor endowments 2 PERSONS
Eli HECKSHER and Bertil Ohlion
57
Swedish economist -concept of train industry trade
Stefan linders theory
58
Focused on MNC's and their efforts to gain a competitive advantage
Global Strategic rivalry theory
59
Some nations are more competitive in certain industries
Porter's national competitive advantage theory
60
Empower a nation via wealth Views trade as ZERO SUM GAME
Mercantilism
61
He was the against mercantilism
Adam smith
62
Product when it is more efficient than any other country in tradition -produce more of a good or service than a competitor
Absolute advantage
63
Ability to produce a particular good or service at a lower opportunity cost
Comparative advantage
64
Arises from differences in national factor endowments
Heckshere Ohlin theory
65
Products mature both the location of sales
Product life cycle theory
66
Diagram that resembles the four points of a diamond
Porter's diamond
67
DIAMONDS MODEL FOUR FACTORS
Firm strategy Structure and rivalry Related supporting industries Demand conditions and factor conditions

IBT (1 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2025 Bold Learning Solutions. Terms and Conditions