GMS 200 Lecture 3: Chapter-3

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Deborah De Lange

Document Summary

When mncs enter other countries to do business . Mncs have traditionally come from developed countries and sometimes they have problems in ldcs . Sunday, february 15, 2015: monsanto and fox news. Ted talks auret van heerfen: making global labor fair. Sustainable development refers to development that meets the need of the present without compromising the ability of future generations to meet their own needs. Is a shares set of beliefs, values, and patterns of behaviour common to a group of people. Is the confusion and discomfort a person experiences when in an unfamiliar culture. Is the tendency to consider one"s culture as superior to others. Is the ability to accept and adapt to new cultures. In a low- context culture most communication takes place via written or spoken word. In a high- context culture much communication takes place through non verbal and situational cues in addition to the written or spoken world.