BUS 272 Lecture 2: BUS 272 Week 2
Document Summary
Values are easy to u(cid:374)dersta(cid:374)d if (cid:449)e look at a perso(cid:374)"s (cid:271)eha(cid:448)ior. The behavior that we deem as normal all show our personal values that are instilled into us. Dimensions: power distance: do you accept orders from your boss or do you not like it. Individualism/collectivism: is your identity based on your own work or is your identity based on the work of a group: masculinity/feminist: masculine favors achievement, power and control, Feminine cultures look at equality that men and women can achieve the same roles: uncertainty avoidance: are you looking on sustainability, long term vs short term. Canada is a little less individualistic and masculine than the usa. Example 1 , age and racial diverse pro bball teams perform worse. Example 2, firms with demographic diverse boards have higher financial performance. Example 3, diverse team who believed in advantage performed better.