BUS 272 Chapter Notes - Chapter 3: Individualism, Delayed Gratification, Ingroups And Outgroups
Document Summary
Chapter 3: values, attitudes, and diversity in the workplace. Values: concepts or beliefs that guide how we make decisions about and evaluations of behaviors and events. What is important or desirable to us: formed in early years, stable and enduring, have both content (importance) and intensity (how important) factors to it. Rokearch"s value survey - consists of two sets of values: terminal: goals that individuals would like to achieve during their lifetime. Ethics: study of moral values or principles that guide our behavior and inform us whether actions are right or wrong, related to moral judgments about right and wrong. Hofstede"s framework for assessing cultures : earliest and most popular study. Managers and employees vary on 5 value dimensions of national culture. 1)power distance: describes the degree to which people in a country accept that power in institutions and organizations is distributed unequally. Higher rating means larger inequalities of power and wealth.