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Week 4 (Eastern (Collectivist, Steep hierarchy, Long-termism, Seniority…
Week 4
Eastern
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Multiple, equally important stakeholders
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South and South-East
Tiger economies:
Singapore, Taiwan, South Korea,hongkong
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Cultural factors
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High morals,ethical conduct,loyalty
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Western
-Individualist
-Early adopters & proponents of capitalism
-Short-termism
-Limited hierarchy
-Merit - based
-Shareholders -primary stakeholder
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