Use Hofstede's five cultural dimensions, to discuss how differences in these dimensions affect a manager's ability to work with people from different cultural backgrounds.
What will be an ideal response?
The five dimensions include individualism versus collectivism, power distance, achievement versus nurturing orientation, uncertainty avoidance, and long-term versus short-term orientation. Differences among national cultures have important implications for managers. Due to cultural differences, management practices that are effective in one country might be troublesome in another. Often management practices must be tailored to suit the cultural contexts within which an organization operates. Managers doing business with individuals from another country must be sensitive to the value systems and norms of that country and behave accordingly.
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Interest coverage ratio is a measure of
A) financial leverage. B) income after taxes and interest divided by interest expense. C) stockholders' control. D) protection from default on interest.
The leader of a nonprofit organization is comparing the costs of conducting a fund-raising event to the amount of funds raised. The leader is conducting a/an ______.
A. logic model study B. dashboard analysis C. cost–benefit analysis D. benchmarking assessment
The most recognized followership typology has been offered by ______.
A. Kelley B. Kellerman C. Heifetz D. Chaleff