companies that work together in joint ventures, licensing, minority ownership, and long-term contractual arrangements

It consists of all commercial transactions between two or more countries.

reflects the conviction that one’s own culture is superior to that of other countries

construction projects performed under contract and transferred to owners when they are operational

people are more comfortable when working simultaneously on a variety of tasks

refers to the threat that decisions or events in a country will negatively effect the profitability and sustainability of ẩn investment

has less compulsion to wrap things up and put dealings with friends ahead of business dealings

little consultation between superior and subordinate

new companies locate in areas with numerous competitors and suppliers

arrangement in which a company provides personnel to perform general or specialized management functions for another

the investor takes a controlling interest in a foreign company

all citizens are politically and legally equal

improve skills outside the organization

tends to believe that its business units abroad should act like local companies

learned norms based on the values, attitudes, and beliefs of a group pf people

a non-controlling financial interest in another country

political system whereby three or more parties govern, either separately or as a part of a coalition

blending of different cultural norms

some cultures prefer to establish overall principles before they try to resolve small issues

Widening set of interdependent relationships among people from differ parts of a world that happens to be divided into nations.

tolerates no deviation from state ideology and often lacks an ideology to politicize public and private life

occurs as a reaction to social and economic situations that present people with new alternatives

politics often determines where and how international business can take place

tangible products/goods that are sent out of a country

holds that the ownership of assets, the allocation of resources, the structure of industries, the conduct of companies, and the actions of managers share a common goal: improve the welfare of the society

determined by birth

sets of beliefs, values, and principles that shape your understanding on policies and society

when a company allows another to use its assets

another term for collaborative arrangements, but usually refers to an agreement that is critical importance to one or kore partners or to an agreement that does not involve joint ownership

people are task-oriented

countries’ behavioral norms influence how companies should operate there

culture in which people focus more on details than on abstract principles

usually refers to any company with fdi

frustrations that results from having to absorb a vast array of new cultural cues and expectations

the primacy of individual freedom, self-expression, and personal independence

consultative style

dependence on the organization

people may prefer to work sequentially

goods brought into a country

involves imposing certain elements from an alien culture that, over time, becomes part of the subject culture

include those based on religion, political affiliation, educational place and achievement, and profession

holds that there are multiple opinions about an issue, each of which contains part of the truth, but none that contain the entire truth

total set of greenhouse gasses emitted

companies align management styles with superior-subordinate interaction preferences

emotional and psychological distress suffered by some people when they return home after a number of years overseas

mode of business in which one party allows another to use a trademark as an essential asset of the franchisee’s business

structural dimensions and power dynamics of the government

earnings from licensing agreements

people that were able to internalize more than one national culture

non-merchandise international earnings, referred to as invisibles

people believe that every event in life is inevitable

features that inform people about the natute of something