3 : The Cultural Environment of International Business Learning Objectives Hallyu and the Rising Influence of the Korean Global Culture Culture and Cross-Cultural Risk Culture and Cross-Cultural Risk Culture and Cross-Cultural Risk Culture and Cross-Cultural Risk What Culture Is Not • • • Socialization and Acculturation • • • • Socialization and Acculturation • • • DIMENSIONS OF CULTURE • DIMENSIONS OF CULTURE • • DIMENSIONS OF CULTURE • DIMENSIONS OF CULTURE • • • • M o n o chr o nic - A r i g i d o r i e ntati o n t o t i m e, i n w h i c h t h e i n di vi dual i s f o c u s e d o n s c he du le s , p u nct u al i ty, a n d t i m e a s a r e s o u rc e. • P o l y chro ni c - A f l e xi bl e, n o n l i near o r i e ntatio n t o t i m e , i n w h i c h t h e i n di v idual t ak es a l o ng - te rm p e r s pect iv e a n d e m p hasi ze s h u m an r e l at io ns hi ps. DIMENSIONS OF CULTURE • • • • • Role of Language and Religion in Culture • • • Role of Language and Religion in Culture • • Role of Language and Religion in Culture • • Role of Language and Religion in Culture • • Role of Language and Religion in Culture • • Role of Language and Religion in Culture • • Role of Language and Religion in Culture • • Role of Language and Religion in Culture • • Role of Language and Religion in Culture • • Role of Language and Religion in Culture • • CULTURE’S EFFECT IN INTERNATIONAL BUSINESS • • • • CULTURE’S EFFECT IN INTERNATIONAL BUSINESS • • • • CULTURE’S EFFECT IN INTERNATIONAL BUSINESS • • • CULTURE’S EFFECT IN INTERNATIONAL BUSINESS • • • • CULTURE’S EFFECT IN INTERNATIONAL BUSINESS • • • • MODELS AND EXPLANATIONS OF CULTURE IN INTERNATIONAL BUSINESS • • MODELS AND EXPLANATIONS OF CULTURE IN INTERNATIONAL BUSINESS ▪ ▪ MODELS AND EXPLANATIONS OF CULTURE IN INTERNATIONAL BUSINESS • • • MODELS AND EXPLANATIONS OF CULTURE IN INTERNATIONAL BUSINESS • • • MODELS AND EXPLANATIONS OF CULTURE IN INTERNATIONAL BUSINESS • • MODELS AND EXPLANATIONS OF CULTURE IN INTERNATIONAL BUSINESS • • MODELS AND EXPLANATIONS OF CULTURE IN INTERNATIONAL BUSINESS • • ➢ MANAGERIAL IMPLICATIONS OF CULTURE • ➢ ➢ • ➢ • ➢ ➢ MANAGERIAL IMPLICATIONS OF CULTURE • • ➢ ➢ • ➢ ➢ ➢ ➢ ➢ ➢ ➢ ➢ MANAGERIAL IMPLICATIONS OF CULTURE • • ANY QUESTIONS? THANK YOU
