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Scenario 3.1
Mini-PC is a Houston-based manufacturer of handheld computers.In response to high European demand, Mini-PC purchased Marstrand Electronics, a handheld computer manufacturer in Stockholm, Sweden.Mini-PC allowed the management of Marstrand to continue its functions rather than sending U.S.managers to oversee Swedish operations.Mini-PC decided to purchase Marstrand because virtually all Swedes speak English, value women's rights, and are predominantly Christian in religious beliefs.The Swedish workforce is about 80 percent unionized, in comparison to Mini-PC's nonunionized workforce.Sweden has a socialist approach to health benefits, which means higher personal taxes for workers but lower health benefits costs for employers.When comparing average national scores on Hofstede's dimensions of culture, the United States and Sweden are about the same in power distance and long-term orientation, but the United States scores higher than Sweden in individualism and uncertainty avoidance.
-Refer to Scenario 3.1.Which aspect of culture will most likely affect Mini-PC's human resource activities at the corporate level because of differences between its U.S.and Swedish business units?
GDP
The total market value of all final goods and services produced within a country's borders in a specified time period.
Depreciation
The process by which physical assets lose value over time due to use, wear and tear, or obsolescence.
GDP
Gross Domestic Product quantifies the complete market or monetary valuation of all end products and services fabricated within a nation's perimeter during a distinct interval.
GDP Deflator
A gauge for the price rates of all fresh, domestically created, final goods and services in a nation's economy, applied in converting nominal GDP to real GDP.
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