Term | Definition The parochialistic belief that the best work approaches and practices are those of the home country | |
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Term | Definition The view that the managers in the host country know the best work approaches and practices for running their business | |
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Term | Definition A world-oriented view that focuses on using the best approaches and people from around the globe | |
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Term | Definition A global organization of 153 countries that deals with the rules of trade among nations | |
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Term Multinational Corporation | | Definition a broad term that refers to any and alltypes of international companies that maintain operations in multiple countries | |
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Term Multidomestic Corporation | | Definition An international company that decentralizes management and other decisions to the local country | |
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Term | Definition An international company that centralizes management and other decisions in the home country | |
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Term Transnational (or borderless) organization | | Definition A type of international company in which artificial geographic barriers are eliminated | |
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Term Global Sourcing (or Global Outsourcing) | | Definition Purchasing materials or labor from around the world based on lowest cost | |
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Term | Definition Am agreement in which an organization gives another organization the right to make or sell its products, using its technology or product specifications | |
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Term | Definition A partnership between an organization and a foreign company partners in which both share resources and knowledge in developing new products or building production facilities | |
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Term | Definition A specific type of strategic alliance in which the partners agree to form a separate, independent organization for some business purpose | |
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Term | Definition A direct investment in a foreign country that involves setting up a separate and independent facility or office | |
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Term | Definition An economic system in which resources are primarily owned and controlled by the private sector | |
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Term | Definition An economic system in which all economic decisions are planned by a central government | |
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Term | Definition The Values and attitudes shared by individuals from a specific country that shape their behavior and beliefs about what is important. | |
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Term | Definition The global leadership and organizational Behavior effecivness research program, a program that studies cross-cultural leadership behaviors. | |
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