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What role does universalism and relativism play for international managers? Which approach to ethics makes the most sense in your view? Why?
Self-efficacy
One's belief in their capability to execute behaviors necessary to produce specific performance attainments, influencing one’s sense of control over personal, social, and environmental factors.
Vicarious Reinforcement
Learning that occurs by observing the consequences of another's actions and adapting one's own behavior based on those observations.
Observational Learning
A learning process through which behavior is acquired by observing and imitating the actions of others.
Influential Factors
Elements or conditions that significantly affect outcomes, behaviors, or the development of a situation.
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