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We Studied the Notion of Institutional Similarity and the Reasons

question 30

Essay

We studied the notion of institutional similarity and the reasons for it. Develop your own theory about the effects of the tendency for institutional similarity on business success.


Definitions:

Multiculturalism

The doctrine that several different cultures (rather than one national culture) can coexist peacefully and equitably in a single country.

Cultural Relativism

Is the belief that all cultures have equal value.

World Values Survey

The World Values Survey is a global research project that explores people's values and beliefs, how they change over time, and what social and political impact they have.

Economic Domain

The aspect of society concerned with the production, consumption, and management of goods and services.

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