Chapter Eight: Business Practices and Economic Principles Across Cultures
Learning Objectives
- Describe international communication and the global marketplace, including political, legal, economic, and ethical systems.
- Understand and discuss how various styles of management, including Theory X, Y, and Z, influence workplace culture.
- Explain communication challenges in intercultural business contexts.
- Choose helpful communication behaviors for intercultural business contexts.
- Understand how power differences effects intercultural business interactions.
- Explain work-related values and how they impact communication.
- Explain the concept and importance of saving face in business.
- Explain the advantages and concerns of media globalization.
- Understand the globalization of technology.
- Define globalization and describe its manifestation in modern society.
- Discuss the pros and cons of globalization from an economic standpoint.
