Global Mindset Occurs as People Develop More of a Local

question 18

True/False

Global mindset occurs as people develop more of a local than global frame of reference about their business and its environment within the context of internationalism.

---

Definitions:

Wharton School

A prestigious business school at the University of Pennsylvania known for its influential alumni, faculty, and contributions to business education.

Social Institutions

Social institutions are complex, integrated sets of social norms organized around the preservation of a basic societal value, such as family, religion, and education.

Business Backgrounds

Refers to the professional and educational experience that an individual possesses in the field of business.

Capitalists

Individuals or entities owning capital or assets, investing in businesses or projects with the expectation of making a profit.