MGT 3660 Lecture Notes - Lecture 4: Ethnocentrism, Chief Executive Officer, Political Philosophy

• School: Georgia Tech
• Department: Management
• Course: MGT 3660
• Professor: Vijay Venkataraman

Document Summary

Lo 4-1 explain what is meant by the culture of a society. Lo 4-2 identify the forces that lead to differences in social culture. Lo 4-3 identify the business and economic implications of differences in culture. Lo 4-4 recognize how differences in social culture influence values in business. Lo 4-5 demonstrate an appreciation for the economic and business implications of cultural change. Understanding and adapting to the local cultural is important in international companies. Cross-cultural literacy is important for business success. Cross-cultural literacy understanding how the culture of a country. A relationship may exist between culture and the costs of doing business in a country or affects the way business is practiced region. A system of values and norms that are shared among a group of people and that when taken together constitute a design for living. Abstract ideas about what a group believes to be good, right, and desirable. Shared assumptions about how things ought to be.