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MSM 6610 MIDTERM PREP: ESSENTIAL CONCEPTS AND STRATEGY GUIDE

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MSM 6610 MIDTERM PREP: ESSENTIAL CONCEPTS AND STRATEGY GUIDE

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MSM 6610 MIDTERM PREP: ESSENTIAL
CONCEPTS AND STRATEGY GUIDE


Diversity

Variety of observable and unobservable similarities and differences

Surface-level diversity

observable differences
examples are race, sex, age, ethnicity, physical characteristics

deep-level diversity

differences that cannot be seen
examples are goals, values, personalities, knowledge, skills

Separation Diversity

differences in position or opinion among group members reflecting disagreement or opposition

Variety diversity

Differences in a certain type of category

Disparity diversity

differences in the concentration of valuable social assets or resources
Examples: rank, pay, decision-making authority, or status

globalizations

The internationalization of business activities and the shift towards an integrated global economy

Culture

Set of shared values,, often taken for granted, that help people in a group, organization, or society which
actions are considered acceptable and which are deemed unacceptable

Global perspective

a willingness to be open to and learn from the alternate systems

Corporate governance

refers to the oversight of a public corporation by its board of directors

, Corporate Social Responsibility

businesses living and working together for the common good and valuing human dignity

psychological contract

A person's set of expectations regarding what he or she will contribute to an organization and what the
organization, in return, will provide to the individual

Seniors

1922-1943

Baby boomers

1943-1963

Gen X

1964-1980

Gen Y

1980-2000

Gen Z

2001-Present

What are the barriers on inclusion?

1. like me bias
2. stereotype
3. prejudice
4. perceived threat of loss
i.e. threatened career opportunity
5. ethnocentrism
i.e. ones language is superior
6. Unequal access to organizational networks
i.e. men are seen as upper rank while women are excluded from informal networks

Cultural competence

ability to interact effectively with people of different cultures

what are the 4 components of cultural competence

1. awareness of our own cultural worldview and our reactions to people who are different
2. our attitudes toward cultural differences
3. Knowledge of different worldviews and cultural practices
4. cross-cultural skills

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