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17 Terms

1
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Zone of appropriateness (Companies Don't Go Global People Do)

The culturally acceptable range of behaviors eg for directness enthusiasm that individuals should adapt to while maintaining personal comfort.

2
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Global recession phase (The New Rules of Globalization)

A shift after the 2008 recession to "guarded globalization" where developing nations are more protective of local industries and interests.

3
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Free market system and state capitalism goal (The New Rules of Globalization)

Free markets aim for economic profit/growth state capitalism aims for political control over economic development to ensure regime survival.

4
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Globalization options and strategies (Globalization in the Age of Trump)

Key strategies are Adaptation tailoring to local needs Aggregation creating scale economies across borders and Arbitrage exploiting cross-country differences like costs or taxes.

5
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Internal and external environment (Lost in Translation)

Internally controlled cultures believe planning prevents failure externally controlled cultures see failure as inevitable and focus on adaptive responses.

6
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Degree of public sector corruption (Lost in Translation / Corruption .pdf)

The perceived level of corruption by business people and analysts often measured by indices like Transparency Internationals CPI.

7
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Doing business with China (Corruption .pdf)

"Guanxi" a cultural norm of building personal relationships through trust friendship and reciprocal favors is often key to business success.

8
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Advantages from bringing employees from different cultures (Global Teams That Work)

Access to diverse global expertise deep local market knowledge varied experiences and different strategic perspectives enhancing competitiveness.

9
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Social distance (Global Teams That Work)

The emotional connection level among team members often high and problematic in dispersed global teams managed via the SPLIT framework Structure Process Language Identity Technology.

10
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How to work with a global team effectively (Global Teams That Work)

Manage social distance using the SPLIT framework address Structure refine Processes bridge Language gaps understand Identity and choose Technology thoughtfully.

11
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Lingua Franca (Multilingualism and Englishization)

A common language used by speakers of different native tongues to communicate historically chosen based on a countrys prestige or economic power.

12
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The use of English as an international language (Multilingualism and Englishization)

English is a vital tool in global business and a hallmark of globalization remaining a primary communication resource for international companies.

13
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Englishization (Multilingualism and Englishization)

The adoption of English as a lingua franca including translating local materials into English and the worldwide expansion of English usage in various functions.

14
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L'Oreal's strategy Global integration (L'Oreal Masters Multiculturalism)

LOréal balances global scale and local responsiveness by using multicultural professionals in product development and investing significantly in R&D.

15
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Multicultural teams (L'Oreal Masters Multiculturalism)

LOréal leverages teams with multicultural managers in key areas like product development to bridge cultural divides and integrate diverse knowledge.

16
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Political skills (How Non-Native Speakers Can)

Non-native English speakers may be perceived as lacking political skills affecting career/funding proactively demonstrating these skills is beneficial.

17
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Bias against accents (How Non-Native Speakers Can)

A prejudice where non-native speakers with noticeable accents are often seen as less politically skilled impacting hiring and funding opportunities.