ADM 3318 Study Guide - Final Guide: Focus 3, Organizational Structure, Regional Integration

• School: University of Ottawa
• Department: Administration
• Course: ADM 3318
• Professor: Anthony Brown

Document Summary

Values abstract ideas about the good, the right, the desirable. Norms social rules and guidelines; determine appropriate behaviour in specific situations. Attitudes positive or negative evaluations or feelings toward a concept. Ethnocentrism belief that one"s own ethnic group or culture is superior to that of others (pre-existing bias) Polycentrism organization around several political, social, or financial centres. National culture is a key characteristic of society and can differ significantly across and within national borders (not fixed) Hofstede"s dimensions: power distance distance between individuals at different levels of a hierarchy. Geographic and cultural (or psychic) distance among countries may not be the same. **key concept which can affect ib strategy and conduct. Globalization narrowly defined as the trend towards ever greater international economic integration, and broadly defined as both economic and social convergence. Trade integration: regional and global agreements (eu, nafta, wto, standardization of products, standardization of production process, growth in trade and gdp are connected with an increase in trade.