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Wednesday, September 17, 2008

Interesting business terms that I happen to like

1. What is international management?
(Me) Multinational management objectives based from home.

2. International management is pursuing organizational objectives in international and cross-cultural settings


3. What is global company?
(Me) Companies in different parts of the globe function under home-based objectives.

4. Global company is a multinational venture centrally managed from a specific.

5. What is transnational company?
(Me) Companies operating globally independently with no particular origin.

6. What is cultural Intelligence?
(Me) Intelligence used to socialize and live in a foreign country as a foreigner similarly to the natives living there.

7. What is ethnocentric attitude?
(Me) Attitudes based on home-orientated.

8. What is polycentric attitude?
Attitudes based on host countries in replace of the home-based country.

9. What is geocentric attitude?
World-orientated attitude. Believe to be the most productive attitudes.

10. What is culture?
Behavior patterns viewed as reasons as to why people do certain things.

11. What are high-context cultures?
Cultures in which nonverbal language and situational language is used.

12. What are low-context cultures?
Cultures in which spoken language is prominent.

13. What are collectivist cultures?
Cultures that capture different cultures globally to produce a better culture.

14. What is monochronic time?

15. What is polychronic time?

16. What is culture shock?
Culture shock is when

17. What is cross-cultural training?
Training that involves workers working abroad to develop the most challenging crisis' of working abroad.