Demands for Accountability and the Need for Systems and Procedures

question 17

Multiple Choice

Demands for accountability and the need for systems and procedures to comply with greater scrutiny and regulation also have contributed to the need for:

• A) dramatic growth of organizations.
• B) trained managers.
• C) philanthropic contributions.
• D) long-term investments in nonprofits.

Comprehend the definition and components of culture affecting international business operations.

Understand the stages of internationalization and the evolution of global corporations.

Characterize the attitudes and management styles in global companies regarding language and corporate culture.

Understand the cultural dimensions identified by the GLOBE project and their impact on international business practices.

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Definitions:

Industrial Revolution

A period of major industrialization from the late 18th to early 19th century that transformed agriculture-based societies into industrialized ones.

Large Corporations

Very big companies or enterprises that operate in multiple markets, often globally, and have substantial revenues and assets.

Ethical Behavior

Acting in ways consistent with societal norms and values, including honesty, fairness, and integrity.

Affirmative Social Responsibility

A concept where businesses and organizations actively contribute to societal goals of a philanthropic, activist, or charitable nature by engaging in or supporting volunteering or ethically-oriented practices.