MSCI211 Chapter Notes - Chapter 3: Individualism, Geert Hofstede, Femininity

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Chapter 3: Values, Attitudes, and their effects in the workplace
Values:
o Represent basic convictions that a specific mode of conduct or end-state of
existence is personally or socially preferable to an opposite or converse mode of
conduct or end-state of existence.
o Individual’s ideas as to what is right, good or desirable
o Content attribute: a mode of conduct or end-state of existence is important
o Intensity attribute: how important it is?
o We examine two frameworks for understanding values: Milton Rokeach’s
terminal and instrumental values, and Kent Hodgson’s general moral principle.
Rokeach’s Value Survey (RVS): consist of two sets of values, each containing 18
individual vale items, terminal values
o Terminal values, refers to desirable end-state of existence
A comfortable life (prosperous life)
An exciting life (a stimulating active life)
Lasting contribution, a sense of accomplishment
Equality
Happiness
o Instrumental values refer to preferable ways of behaving or means for achieving
the terminal values
Ambitious
Broad minded
Capable (standing up for your beliefs)
Honest
o Example: Executives terminal: self-respect, family security, freedom;
instrumental: honest, responsible, capable
People in the same occupations or categories (corporate managers, parents, students)
tend to hold similar values
Hodgson’s general moral principles
o Ethics is the study of moral values or principles that guide our behaviour and
inform us whether actins are right or wrong
o The magnificent seven principles
People are to be respected
Intrinsically valuable and have the right to self determination
The truth should be told
Promises, contract and commitments
Assessing cultural values
Hofstede’s framework for assessing cultures
o Power distance describe the degree to which people in a country accept the
power in organizations is distributed inequality high rating means that large
inequalities of power and wealth exist and are tolerated in the culture
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