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Western Logic of Leadership
A strategic approach that involves delineating an action plan based on agreed-upon objectives, often employing a hierarchical arrangement of means and ends.
Eastern Logic of Leadership
A process-oriented method that emphasizes the evolution of leadership styles, incorporating cultural elements like Chinese logic of exploitation and principles from Sun Tzu.
Self-Protective Leadership
A leadership style focused on safeguarding the self and organization, prevalent across multiple regions.
Team-Oriented Leadership
A leadership approach that fosters collaboration and teamwork, common in various global contexts.
Charismatic Leadership
A leadership style characterized by inspirational qualities and personal charm, recognized across different cultures.
Formal Institutions
Established laws, regulations, rules, and regulatory frameworks that govern a country’s operations.
Informal Institutions
Cultural norms and ethics that influence behavior and societal expectations within a country.
Legal Systems
Structures that outline how a country’s laws are enacted and enforced, including civil law, common law, and theocratic law.
Political Systems
Frameworks defining how a country is governed, including democracy, totalitarianism, and political risk factors.
Economic Systems
Structures determining how a country’s economy operates, such as market economy, command economy, and mixed economy.
Intellectual Property
Legal protections for copyrights, trademarks, and patents that safeguard intellectual resources.
Tangible Resources
Observable and easily quantified assets that a firm uses to implement strategies.
Intangible Resources
Hard-to-observe and difficult-to-quantify assets that contribute to a firm's competitive advantage.
Original Brand Manufacturers
Firms that manufacture products based on their own designs and sell them under their own brand.
Original Equipment Manufacturers (OEMs)
Firms that manufacture products according to designs provided by other companies, often selling them under the client's brand.
Value Chain
A series of activities that increase the value of a product or service during its production.
Key Activities in the Value Chain
Crucial processes involved in adding value, such as sourcing raw materials, production, marketing, and distribution.