BUS 200 Chapter Notes - Chapter 7: Product Liability, Vacuum Cleaner, Competition Law
Chapter 7 terms – class note
Power distance is
how far away I feel from the boss
individualism vs collectivism
good for me vs the good of the whole
uncertainty avoidance
avoiding risk and doing what you have always been doing
masculinity vs femininity
nurturing and passive: feminine
Agressive and full frontal: masculine
Long term vs short term orientation
focus on the short term life of your country or the greater overall picture
why do businesses globalize
new customers, competition, cost reductions, following global customers
push vs pull factors
push: factors that make you want to leave a country
pull: factors that pull you towards expanding into another country
Hong Kong is
A special administrative region of China
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