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Exercise 2A: Increasing Cultural Self-Awareness Identify where your culture is on Hofstede's original four dimensions (individualism/collectivism, power distance, uncertainty avoidance, and career success versus quality of life) and on the universalism/particularism dimension. How does your organizational culture differ from that of your national culture on each dimension? Participate in the Forum discussion for this exercise, and reflect on your personal learning in your Global Insight and Wisdom Journal. Exercise 2B: Increasing Cross-Cultural Awareness Select a culture that you have had contact with or are currently working with that is different from your own culture. How does your selected culture differ from your own culture on Hofstede's four dimensions and on universalism/particularism? How might these differences influence negotiations or ongoing business relationships? NOTE: You may choose to analyze the working relationship you have with a colleague from this course who is from a culture other than your own. Participate in the Forum discussion for this exercise, and reflect on your personal learning in your Global Insight and Wisdom Journal. Exercise 2C: Deepening Understanding of One's Cultural Self-Identity Analyze the ways in which you are a product of the culture in which you grew up. How does your personal cultural background affect the ways in which you think and behave? In which ways is your cultural background an advantage to you in working with people from around the world? In which ways is it a disadvantage? Use all of the relevant cultural dimensions from discussed so far (from Module 1 and Module 2, International Dimensions of Organizational Behavior to analyze your personal cultural influences.
Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.
Some commentators have argued that the failure of the “Super committee” is good thing for the economy? Do you agree?
Case study analysis about optimum resource allocation: - Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..
Questions: : Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month? Explain your choice.
Problem - Total Cost, Average Cost, Marginal Cost: - Complete the following table of costs for a firm. (Note: enter the figures in the MC column between outputs of 0 and 1, 1 and 2, 2 and 3, etc.)
Problem based on Oligopoly and demand curve, Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?
Explain the impact of external costs and external benefits on resource allocation; Why are public goods not produced in sufficient quantities by private markets? Which of the following are examples of public goods (or services)? Delete the incorrec..
Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..
Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:
Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..
"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"
Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"
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