Hofstede's 6 Cultural Dimensions - ANSWERS-1. power distance
2. individualistic vs collective
3. masculinity vs. femininity
4. uncertainty avoidance
5. short term vs. long term orientation
6. indulgence vs. restraint
power distance - ANSWERS-the extent to which the less powerful members of
institutions and organizations with a country expect and accept that power is
distributed unequally
Individualism - ANSWERS-cultures in which the ties between individuals are loose
collectivism - ANSWERS-cultures in which people are integrated into strong,
cohesive groups that protect individuals in exchange for unquestioning loyalty
Masculinity - ANSWERS-cultures in which social gender roles are clearly distinct
femininity - ANSWERS-cultures in which social gender roles overlap
,uncertainty avoidance - ANSWERS-the extent to which the members of a culture
feel threatened by uncertain or unknown situations
indulgence - ANSWERS-allowing gratification of basic drives related to enjoying
life and having fun
restraint - ANSWERS-regulating it through strict social norms
Short-term oriented cultures - ANSWERS-cultures that tend to value static
rewards in the here and now and emphasizes quick results
long-term oriented cultures - ANSWERS-cultures that emphasize potential future
rewards that will eventually be realized after slow and steady perseverance
toward achieving a mutually acceptable result
3 styles of global human resource management - ANSWERS-1. ethnocentric
2. polycentric
3. geocentric
ethnocentric - ANSWERS-home country based, better background, doesn't trust
abilities of training
benefits of ethnocentric - ANSWERS-maintain control/consistency
, costs of ethnocentric - ANSWERS-doesn't account for culture, lack of diversity,
lack of motivations
polycentric - ANSWERS-host country controls, value efficiency and respects
talents
benefits of polycentric - ANSWERS-motivated and locals needs adressed or adjust
costs of polycentric - ANSWERS-dual demands for shared resources
geocentric - ANSWERS-home office but input from field, best talent
benefits of geocentric - ANSWERS-coordinate, cooperate, efficient
costs of geocentric - ANSWERS-travel costs, invests in skills and training
Outsourcing benefits - ANSWERS-- lower costs
-greater flexibility
- enhanced expertise
-greater discipline
- focus on core activities
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