I felt like this chapter talked a lot about international tourism, which is an interesting discussion given the state of our world at the moment. For example, the text states that following the 2009 economic crisis, the government helped promote American exports by changing visa rules to spur tourism. Many countries encourage firms to seek business ventures worldwide, including … [Read more...] about International Tourism
Exhibit 5.4 shows us the percent of female directors on corporate boards as a percentage of total in various countries in 2010 and 2015. During those five years, every country shown had increased its percentage of women directors. France had the most significant change of just 13% in 2010 to nearly 35% by 2015. I only wonder how much more these figures have changed over the … [Read more...] about Women Directors on Corporate Boards
In this chapter, I enjoyed learning about the way that different cultures prioritize their work and family lives. I realized that this is something managers must really be aware of when working with companies abroad. For example, in many Asian countries they consider Saturday a workday! Meanwhile, the outlook in Ancient Greece views work as a factor to interfere with one's … [Read more...] about Work-Life Balance Around the World
I was really surprised to learn that the birth control pill is the technological innovation that has had the greatest impact on institutions and cultural values over the past 100 years. For me it is hard to picture how different our society would be without a birth control pill, considering I have always lived in a world where it existed. Obviously, the pill prevents women from … [Read more...] about Impacts of the Birth Control Pill
In this chapter I enjoyed learning about Hofstede's dimensions. I am slightly familiar with these terms thanks for previous management classes, but I still found it interesting to learn about the dimensions again and see how they relate to culture. My "favorite" dimension to learn about is the individualism/collectivism index (IDV). The United States is considered to be an … [Read more...] about Individualist vs. Collectivist Cultures