Short Answer

Ways to increase productivity in Canada

Investing in equipment and machines, expanding investment in foreign countries, and spending more on science and technology.

Winners if the value of Canadian dollar increases

Importers (cheaper foreign goods) and travelers (cheaper travel).

Losers if the value of Canadian dollar increases

Exporters (harder to sell Canadian goods) and the tourism industry (Canada becomes more expensive).

Centralized marketing strategy

A strategy where the headquarters makes all marketing choices worldwide.

Decentralized marketing strategy

A strategy that is more culture-centered to the region.

Monochronic meetings

Meetings focused on being on time and concentrating on one task at a time.

Polychronic meetings

Meetings that focus on multiple tasks at once and are more flexible.

Market economy

A capitalist economy where businesses operate independently from the government.

Centrally-planned economy

An economy where profits are managed and belong to the government.

Culture

Knowledge and practices passed down by a group of people over time.

Counterculture

A movement opposing mainstream values; an example is the hippie movement.