Voyevodins' Library _ "International Business: Competing in the Global Marketplace" / Charles W.L. Hill ... Chapter 3 ... currency speculation, currency swap, currency translation, current account, current account deficit, current account surplus, current cost accounting, current rate method, customs union, D'Amato Act, deferral principle, democracy, deregulation, diminishing returns to specialization, dirty-float system, draft, drawee, dumping, eclectic paradigm, e-commerce, economic exposure, economic risk, economic union, economies of scale, ecu, efficient market, ending rate, ethical systems, ethnocentric behavior, ethnocentric staffing, eurobonds, eurocurrency, eurodollar, European Free Trade Association (EFTA), European Monetary System (EMS), European Union (EU), exchange rate, exchange rate mechanism (ERM), exclusive channels, expatriate failure, expatriate manager, experience curve, experience curve pricing, export management company, Export-Import Bank (Eximbank), exporting, externalities, externally convertible currency, factor endowments Voevodin's Library: currency speculation, currency swap, currency translation, current account, current account deficit, current account surplus, current cost accounting, current rate method, customs union, D'Amato Act, deferral principle, democracy, deregulation, diminishing returns to specialization, dirty-float system, draft, drawee, dumping, eclectic paradigm, e-commerce, economic exposure, economic risk, economic union, economies of scale, ecu, efficient market, ending rate, ethical systems, ethnocentric behavior, ethnocentric staffing, eurobonds, eurocurrency, eurodollar, European Free Trade Association (EFTA), European Monetary System (EMS), European Union (EU), exchange rate, exchange rate mechanism (ERM), exclusive channels, expatriate failure, expatriate manager, experience curve, experience curve pricing, export management company, Export-Import Bank (Eximbank), exporting, externalities, externally convertible currency, factor endowments



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Chapter 3 Outline

Notes

  1. See R. Dore, Taking Japan Seriously (Stanford, CA: Stanford University Press, 1987).

  2. E. B. Tylor, Primitive Culture (London: Murray, 1871).

  3. Geert Hofstede, Culture's Consequences: International Differences in Work Related Values (Beverly Hills, CA: Sage Publications, 1984), p. 21.

  4. J. Z. Namenwirth and R. B. Weber, Dynamics of Culture (Boston: Allen & Unwin, 1987), p. 8.

  5. R. Mead, International Management: Cross Cultural Dimensions (Oxford: Blackwell Business, 1994), p. 7.

  6. "Iraq: Down But Not Out," The Economist, April 8, 1995, pp. 21 - 23.

  7. S. P. Huntington, The Clash of Civilizations (New York, Simon & Schuster, 1996).

  8. M. Thompson, R. Ellis, and A. Wildavsky, Cultural Theory (Boulder, CO: Westview Press, 1990).

  9. M. Douglas, "Cultural Bias," In the Active Voice (London: Routledge, 1982), pp. 183 - 254.

  10. M. L. Dertouzos, R. K. Lester, and R. M. Solow, Made in America (Cambridge, MA: MIT Press, 1989).
  1. C. Nakane, Japanese Society (Berkeley, CA: University of California Press, 1970).

  2. Ibid.

  3. For details, see M. Aoki, Information, Incentives, and Bargaining in the Japanese Economy (Cambridge: Cambridge University Press, 1988), and Dertouzos, Lester, and Solow, Made in America.

  4. For an excellent historical treatment of the evolution of the English class system see E. P. Thompson, The Making of the English Working Class. London: Vintage Books, 1966. See also R. Miliband, The State in Capitalist Society. New York: Basic Books, 1969, especially chapter 2. For more recent studies of class in British societies see (1) Stephen Brook. Class: Knowing Your Place in Modern Britain. London: Victor Gollancz, 1997. (2) A. Adonis and S. Pollard. A Class Act: The Myth of Britain's Classless Society. London, 1997. (3) J. Gerteis and M. Savage. "The salience of class in Britain and America: A comparative analysis." British Journal of Sociology, June, 1998.

  5. A. Adonis and S. Pollard. A Class Act: The Myth of Britain's Classless Society. London, 1997.

  6. N. Goodman, An Introduction to Sociology (New York: Harper Collins, 1991).

  7. M. Weber, The Protestant Ethic and the Spirit of Capitalism (New York: Scribner's Sons, 1958 (original 1904 - 1905). For an excellent review of Weber's work see A. Giddens, Capitalism and Modern Social Theory (Cambridge: Cambridge University Press, 1971).

  8. M. Weber, The Protestant Ethic and the Spirit of Capitalism, p. 35.

  9. See S. M. Abbasi, K. W. Hollman, and J. H. Murrey, "Islamic Economics: Foundations and Practices," International Journal of Social Economics 16, no. 5 (1990), pp. 5 - 17, and R. H. Dekmejian, Islam in Revolution: Fundamentalism in the Arab World (Syracuse: Syracuse University Press, 1995).

  10. T. W. Lippman, Understanding Islam (New York: Meridian Books, 1995).

  11. Dekmejian, Islam in Revolution: Fundamentalism in the Arab World.

  12. M. K. Nydell, Understanding Arabs (Yarmouth, ME: Intercultural Press, 1987).

  13. Lippman, Understanding Islam.

  14. The material in this section is based largely on Abbasi, Hollman, and Murrey, "Foundations and Practices."

  15. "Islam's Interest," The Economist, January 18, 1992, pp. 33 - 34.

  16. For details of Weber's work and views, see A. Giddens, Capitalism and Modern Social Theory.

  17. See, for example, the views expressed in "A Survey of India: The Tiger Steps Out," The Economist, January 21, 1995.

  18. See R. Dore, R. Taking Japan Seriously (Stanford, CA: Stanford University Press, 1987); and C. W. L. Hill, "Transaction Cost Economizing as a Source of Comparative Advantage: The Case of Japan," Organization Science 6 (1995).

  19. See M. Aoki, Information, Incentives, and Bargaining in the Japanese Economy (Cambridge: Cambridge University Press, 1988), and J. P. Womack, D T. Jones, and D. Roos, The Machine that Changed the World (New York: Rawson Associates, 1990).

  20. This hypothesis dates back to two anthropologists, Edward Sapir and Benjamin Lee Whorf. See E. Sapir, "The Status of Linguistics as a Science," Language 5 (1929), pp. 207 - 14, and B. L. Whorf, Language, Thought, and Reality (Cambridge, MA: MIT Press, 1956).

  21. D. A. Ricks, Big Business Blunders: Mistakes in Multinational Marketing (Homewood IL: Dow Jones-Irwin, 1983).

  22. N. Goodman, An Introduction to Sociology (New York: Harper Collins, 1991).

  23. M. E. Porter, The Competitive Advantage of Nations (New York: Free Press, 1990).

  24. Ibid., pp. 395 - 97.

  25. G. Hofstede, "The Cultural Relativity of Organizational Practices and Theories," Journal of International Business Studies Fall 1983, pp. 75 - 89.

  26. For more a detailed critique, see R. Mead, International Management: Cross-Cultural Dimensions (Oxford: Blackwell, 1994), pp. 73 - 75.

  27. For example, see W. J. Bigoness, and G. L. Blakely, "A Cross-National Study of Managerial Values," Journal of International Business Studies, December 1996, p. 739; D. H. Ralston, D. H. Holt, R. H. Terpstra, and Y. Kai-Cheng, "The Impact of National Culture and Economic Ideology on Managerial Work Values," Journal of International Business Studies 28, no. 1 (1997), pp. 177 - 208; and P. B. Smith, M. F. Peterson, and Z. Ming Wang, "The Manager as a Mediator of Alternative Meanings," Journal of International Business Studies 27, no. 1 (1996), pp. 115 - 137.

  28. R. Mead, International Management: Cross-Cultural Dimensions, chap. 17.

  29. "Free, Young, and Japanese," The Economist, December 21, 1991.

  30. J. Z. Namerwirth and R. P. Weber, Dynamics of Culture.

  31. G. Hofstede, "National Cultures in Four Dimensions," International Studies of Management and Organization 13, no. 1, pp. 46 - 74.

  32. R. J. Barnet and J. Cavanagh, Global Dreams: Imperial Corporations and the New World Order (New York: Touchstone Books, 1994).

  33. See M. Aoki, Information, Incentives, and Bargaining in the Japanese Economy; Dertouzos, Lester, and Solow, Made in America; and Porter, The Competitive Advantage of Nations, pp. 395 - 97.

  34. R. J. Barnet and J. Cavanagh, Global Dreams, p. 33.
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