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What term refers to a ranked group within a hierarchically stratified society whose membership is defined primarily in terms of wealth, occupation, or other economic criteria?
Hofstede's Framework
A model that identifies and analyzes six dimensions of national culture that affect people's work-related values and behavior.
Weak Labour Laws
A situation where labor laws are insufficient to protect the rights of workers, often leading to exploitation or unsafe working conditions.
Global Management
The management of business and organizations with interests in more than one country.
Globalization
The process by which businesses or other organizations develop international influence or start operating on an international scale, leading to increased interconnectedness and interdependence of the world's markets and businesses.
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