IBUS 311 Lecture Notes - Lecture 5: High-Context And Low-Context Cultures, Swot Analysis, Hubris
26 Sep 2016
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High context- where relationships where body language matters a lot more than low context. Low context- words on a page = precise definition, more preparation, contracts matter more. Not necessarily, precise and to the point and researching. If u can tolerate more then lower on uncertainty. Sw is internal: pricing, cost, where you make it etc. Swot think of it from the perspective of the business and the firm. Externally, thinking about competitors, their strengths and weaknesses, new markets. S youth, focus on education, multitask, creative thinking open mindedness, technology use, critical thinking, organizational skills, adaptability, independence, intelligence, time management, energy, W immaturity, entitlement, time management, easily distracted, need $, hubris, lost, communication skills, masochistic, obsessive partying, tardiness. T competition (jobs, competition), weather (cold), downtown binghamton, authority, parent expectations, difficult subjects, living situation, language barrier, social distraction, peer pressure, intolerance. Assets - physical assets (resources), people part (capability)
