Informal institutions: culture, religion and languages
22 important questions on Informal institutions: culture, religion and languages
What are the 2 propositions in the institution-based view?
2. In situations where formal institutions are unclear or fail, informal institutions play a larger role in reducing uncertainty
What are artefacts of culture?
What is a low-context culture?
- Higher grades + faster learning
- Never study anything twice
- 100% sure, 100% understanding
What is a high-context culture?
What are the 3 types of clusters?
2. GLOBE (Global Leadership and Organisational Behaviour Effectiveness project)
3. Huntington
What is uncertainty avoidance?
What is long-term orientation?
What are the disadvantages of Hofstede's framework?
2. As a Dutch researcher, Hofstede knows more about dimensions relevant to European cultures
3. Based on IBM, so only one company
4. 40 year old
What is corporate language?
What is the lingua franca?
How do religious beliefs and activities affect business?
1. Religious festivals
2. Daily and weekly routines
3. Activities and objects with symbolic values (positive and negative)
What is a secular society?
What is a code of conduct?
What is ethical relativism?
What is ethical imperialism?
What are the 2 schools of thought for managing ethics?
2. Ethical imperialism
What are the 3 guidelines of Donaldson?
2. Respect for local traditions suggests cultural sensitivity.
3. Respect for institutional context calls for careful understanding of local institutions.
What is cultural intelligence?
What are the 3 phases of cultural intelligence?
2. Knowledge - ability to identify symbols, taboos and rituals in other cultures
3. Skills - based on 1 and 2 and practice
What are the 5 profiles of cultural intelligence?
2. The analyst - observes and learns from others and plans strategy for interacting with people from dcb
3. The natural - person who relies on intuition rather than systematic learning when interacting with people from dcb
4. The mimic - person who creates a comfort zone for people from dcb by adopting their general posture/communication style
5. The chameleon - may be mistaken for a native. Very rare
What is the difference between FDI flows and FDI stocks?
What is the threshold for FDI?
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding