December10, 2010
MGT 4600 Final
Chapter 1:
Increase in expansion of technology because the more advanced and available technology is to the developing world; the more competitive they are allowed to become.
Growing consumer pressures because global discretionary has risen to the point that there is now widespread demand for products and services that would have been considered luxuries in the past.
Increased global competition because incomes have grown globally and more consumers have satisfied their needs. So companies must develop what they believe customers will want.
Changing political situations is major reason for growth because of the end of the schism between most Communist and non-Communist countries.
Chapter 2:
Cultural collisions that happen between international businesses and the countries that they attempt to start their businesses in. A company implements practices that work less well than intended.
Social Stratification Systems because every culture values some things and people differently than other regions of the earth do.
Information and task processing is important because some cultures tend to focus on the whole and then on the parts, whereas others do the opposite.
Chapter 3:
Individualism is important because it describes which refers to the primacy of the rights and role of the individual. Many western cultures follow this ideology which makes it difficult to transition to different places that clash with this characteristic.
Collectivism is important because it refers to the primacy of the rights and role of the community. More Eastern cultures have adopted this style of behavior. International businesses have to adjust to these believes to be able to satisfy the wants and needs of their customers.
Political ideology is the collection of ideas that expresses the goals, theories, and aims that constitute a sociopolitical