Swatch's Nicolas Hayek and Samsung Electronics's Jong-Yong Yun Showed How

question 22

Multiple Choice

Swatch's Nicolas Hayek and Samsung Electronics's Jong-Yong Yun showed how a good leader could:

• A)Motivate their firm to upgrade its capabilities
• B)Raise their employees' performance aspirations
• C)Foster a spirit of community and achievement
• D)All of the above

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Definitions:

Corporate Culture

The shared values, beliefs, ethics, and practices that characterize an organization and guide its employees.

Evolving Local Market

Refers to a local market that is experiencing changes or developments due to various factors such as economic conditions, consumer preferences, or technological advancements.

Intracultural Variation

An understanding of differences within a nation and the ability to identify local preferences that are irrelevant for global companies.

Local Integration

The process where local businesses and populations adapt and incorporate into a larger economy or society, often fostering community development and cohesion.