BUSI 2121 Lecture Notes - Lecture 3: Baby Boomers, Collectivism, Heterosexism
9 Mar 2018
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Value: basic convictions that a specific mode of conduct or end-state of existence is personally or socially preferable to an opposite or converse mode of conduct or end-state of existence. An organizations values should be designed with consideration of the terminal and instrumental values (short term and long term) Baby boomers and gen y get along better than either of them with gen x: baby boomers (40s-60s) Organizations as vehicles to a career: generation x (60s-80s) In search of the work-life balance: generation y (80s-00s) Assessing cultural values: hofstede"s fra(cid:373)e(cid:449)ork, power distance: extent to which a society accepts that power in institutions and organizations are distributed equally. Low power distance- stresses equality and opportunism: individualism vs collectivism: describes the degree to which people prefer to act as individuals rather than members of a group. Individualism: believe in individual right above all else.
