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Culturally Sensitive Managers Reduce the Likelihood That a Company Will

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Culturally sensitive managers reduce the likelihood that a company will achieve its international business goals.


Definitions:

5-number Summary

A descriptive statistic that provides a quick overview of a dataset's distribution through five key numbers: minimum, first quartile, median, third quartile, and maximum.

Interquartile Range

The measure of variability which is the difference between the third quartile and the first quartile in a dataset, indicating the spread of the middle 50%.

Percentiles

Values or scores below which a given percentage of observations in a group of observations fall.

Decile

A statistical measure dividing a dataset into ten equal parts, each containing 10% of the data points.

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