List and Explain 3 Rules of Globalization

question 39

Essay

List and explain 3 rules of globalization.
Establish a triadic presence
Utilize beachheads
Achieve seamless performance across markets
Extend reach through alliances
Compete in competitor's home markets
Coordinate global activities
Fill in the Blank(s) (Blank Identified in RED)

Analyze the role of automatic and deliberate systems in decision-making and behavior.

Compare cultural differences in behaviors and social norms.

Recognize the influence of culture on psychological processes.

Explore the impact of the duplex mind (automatic and deliberate systems) on stereotypes and prejudice.

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Definitions:

Cross-Cultural Analysis

The examination of how cultural variables influence human behavior, practices, and ways of thinking across different societies.

Joint Venture

A partnership where at least two entities contribute their resources to complete a designated project.

Direct Investment

The purchase or establishment of a controlling interest in foreign businesses by a company or individual, often involving significant ownership of a stake or property.

Scanning

The process of analyzing the environment to identify changes or trends that may affect an organization's future.