North American Cultures

BADM 633 - Intl.Biz Cultures

Recent HeadlinesRecent Headlines Inflation Virtually FlatInflation Virtually Flat

A key gauge of U.S. inflation has fallen to its lowest level since record-keeping began

A key gauge of U.S. inflation has fallen to its lowest level since record-keeping began

in 1957, underscoring the continued weakness in the economy.

in 1957, underscoring the continued weakness in the economy.

California Bond Woe Bodes Ill for States California Bond Woe Bodes Ill for States

America's strapped states and cities took another hit Wednesday, with California seeing tepid demand

America's strapped states and cities took another hit Wednesday, with California seeing tepid demand

for its latest bond sale and other governments pulling about $700 million worth of borrowing deals

for its latest bond sale and other governments pulling about $700 million worth of borrowing deals

this week as investors continued stepping away from the municipal bond market.

this week as investors continued stepping away from the municipal bond market.

EU Plan for Ireland Takes ShapeEU Plan for Ireland Takes Shape

Seven weeks after Irish officials declared they had a handle on the country's banking crisis, an

Seven weeks after Irish officials declared they had a handle on the country's banking crisis, an

international panel is putting the country's financial sector under the microscope—and will

international panel is putting the country's financial sector under the microscope—and will

find that things have gotten worse.find that things have gotten worse.

European officials are pressing to recapitalize Ireland's wounded banks with money from an

European officials are pressing to recapitalize Ireland's wounded banks with money from an

international bailout fund, indicating that the contours of an aid package to the country are

international bailout fund, indicating that the contours of an aid package to the country are

taking shape even as Dublin insisted it didn't need help.

taking shape even as Dublin insisted it didn't need help.

Beijing Escalates Inflation BattleBeijing Escalates Inflation Battle

China said it is ready to clamp price controls on daily necessities to bring down inflation, dusting

China said it is ready to clamp price controls on daily necessities to bring down inflation, dusting

off a measure from socialist central planning in a new sign of alarm by Chinese leaders who have

off a measure from socialist central planning in a new sign of alarm by Chinese leaders who have

been striving to cool economic growth through more conventional means such as hiking interest

been striving to cool economic growth through more conventional means such as hiking interest

rates.rates.

Train Makers Rail Against China’s Designs

Train Makers Rail Against China’s Designs

Chinese rail companies that learned their trade from the likes of Kawasaki and Siemens are now

Chinese rail companies that learned their trade from the likes of Kawasaki and Siemens are now

vying against their former partners in the burgeoning global market for super-fast train systems.

vying against their former partners in the burgeoning global market for super-fast train systems.

Emerging Wild Card: Inflation Price pressures in emerging markets could force central banks to tighten aggressively, roiling assets and currencies

While many investors have been fixated on the European debt crisis, concerns have been quietly building about the potential for inflation problems in emerging markets.The fear isn't that emerging-market countries will return to the kind of hyper-inflation that was so damaging in the past. Rather, the worry is that high food and energy prices, combined with capacity con- straints and the Fed’s easing move in the U.S., will force emerging-market central banks to raise interest rates more aggressively than is currently expected. That's especially the case in some Asian countries, which are seen as having kept interest rates inappropriately high.

Population, Land Mass and GDPPopulation, Land Mass and GDPPopulation1.China 1.3 B 2.India 1.2 B EU 501 MMEU 501 MM3. USA 311 MM4. Indonesia 238 MM5. Brazil 186 MM

GDP EC EC $16.4 T $16.4 T1. USA 1. USA $14.1 T $14.1 T2. Japan2. Japan $ 5.1 T $ 5.1 T3. PRC $ 5.0 T3. PRC $ 5.0 T4. Germany $ 3.3 T4. Germany $ 3.3 T5T Frnc/UK $ 2.7 T5T Frnc/UK $ 2.7 T88. . California $ 1.8 T$ 1.8 T9. Brazil9. Brazil $ 1.6 T $ 1.6 T10T. India/10T. India/ Russia $ 1.2 TRussia $ 1.2 TWORLDWORLD $ 58 T $ 58 T

Land Mass (sq. miles)Land Mass (sq. miles)1.1. RussiaRussia 6.6 MM 6.6 MM2.2. Canada Canada 3.9 MM 3.9 MM3T USA/China3T USA/China 3.7 MM 3.7 MM5. Brazil5. Brazil 3.0 MM 3.0 MM

TopographyTopography

Ecological RegionsEcological Regions

ClimatesClimates

Natural HazardsNatural Hazards

Land UseLand Use

The Original 13The Original 13

States – Year of Admission to Union1. DELAWARE FRIDAY, DECEMBER 7, 1787

2. PENNSYLVANIA WEDNESDAY, DECEMBER 12, 1787

3. NEW JERSEY TUESDAY, DECEMBER 18, 1787

4. GEORGIA WEDNESDAY, JANUARY 2, 1788

5. CONNECTICUT WEDNESDAY, JANUARY 9, 1788

6. MASSACHUSETTS WEDNESDAY, FEBRUARY 6, 1788

7. MARYLAND MONDAY, APRIL 28, 1788

8. SOUTH CAROLINA FRIDAY, MAY 23, 1788

9. NEW HAMPSHIRE SATURDAY, JUNE 21, 1788

10. VIRGINIA WEDNESDAY, JUNE 25, 1788

11. NEW YORK SATURDAY, JULY 26, 1788

12. NORTH CAROLINA SATURDAY, NOVEMBER 21, 1789

13. RHODE ISLAND SATURDAY, MAY 29, 1790

14. VERMONT FRIDAY, MARCH 4, 1791

15. KENTUCKY FRIDAY, JUNE 1, 1792

16. TENNESSEE WEDNESDAY, JUNE 1, 1796

17. OHIO TUESDAY, MARCH 1, 1803*

18. LOUISIANA THURSDAY, APRIL 30, 1812

19. INDIANA WEDNESDAY, DECEMBER 11, 1816

20. MISSISSIPPI WEDNESDAY, DECEMBER 10, 1817

21. ILLINOIS THURSDAY, DECEMBER 3, 1818

22. ALABAMA TUESDAY, DECEMBER 14, 1819

23. MAINE WEDNESDAY, MARCH 15, 1820

24. MISSOURI FRIDAY, AUGUST 10, 1821

25. ARKANSAS WEDNESDAY, JUNE 15, 1836

26. MICHIGAN THURSDAY, JANUARY 26, 1837

27. FLORIDA MONDAY, MARCH 3, 1845

28. TEXAS MONDAY, DECEMBER 29, 1845

29. IOWA MONDAY, DECEMBER 28, 1846

30. WISCONSIN MONDAY, MAY 29, 1848

31. CALIFORNIA MONDAY, SEPTEMBER 9, 1850

32. MINNESOTA TUESDAY, MAY 11, 1858

33. OREGON MONDAY, FEBRUARY 14, 1859

34. KANSAS TUESDAY, JANUARY 29, 1861

35. WEST VIRGINIA SATURDAY, JUNE 20, 1863

36. NEVADA MONDAY, OCTOBER 31, 1864

37. NEBRASKA FRIDAY, MARCH 1, 1867

38. COLORADO TUESDAY, AUGUST 1, 1876

39. NORTH DAKOTA SATURDAY, NOVEMBER 2, 1889

40. SOUTH DAKOTA SATURDAY, NOVEMBER 2, 1889

41. MONTANA FRIDAY, NOVEMBER 8, 1889

42. WASHINGTON MONDAY, NOVEMBER 11, 1889

43. IDAHO THURSDAY, JULY 3, 1890

44. WYOMING THURSDAY, JULY 10, 1890

45. UTAH SATURDAY, JANUARY 4, 1896

46. OKLAHOMA SATURDAY, NOVEMBER 16, 1907

47. NEW MEXICO SATURDAY, JANUARY 6, 1912

48. ARIZONA WEDNESDAY, FEBRUARY 14, 1912

49. ALASKA SATURDAY, JANUARY 3, 1959

50. HAWAII FRIDAY, AUGUST 21, 1959

Fifty StatesFifty States

Migration PatternsMigration Patterns

Historical Countries of OriginHistorical Countries of Origin(Immigrants)(Immigrants)

Canada – English, Scottish, French & Chinese (BC) NE & Eastern US

– English, some Welsh & French (Early)– Irish, Southern and Central European (1850-1920)– European Jews (post Tsars and right before WWII)

Mid-Atlantic/South – English, Scots-Irish & Welsh Lower Midwest – US, Southern and Western

Europeans Upper Midwest – US, West & Northern Europeans Plains & Rocky Mountains – US and Many Europeans Florida and Southwest – Hispanics and US (Yankees!) Northwest – US and Chinese

Chapter 4Chapter 4 Copyright (c) 2007 John Wiley & Sons, Inc.Copyright (c) 2007 John Wiley & Sons, Inc. 1515

Low context

High context

Contextual Background of Various Countries

Japanese

Arabian

Latin American

Spanish

Italian

English (UK)

French

English (US)

Scandinavian

German

Swiss EXPLICIT

IMPLICIT

Chapter 4Chapter 4 Copyright (c) 2007 John Wiley & Sons, Inc.Copyright (c) 2007 John Wiley & Sons, Inc. 1616

Cross-Cultural ComparisonsCross-Cultural Comparisons

Chapter 4Chapter 4 Copyright (c) 2007 John Wiley & Sons, Inc.Copyright (c) 2007 John Wiley & Sons, Inc. 1717

Cross-Cultural ComparisonsCross-Cultural Comparisons

Predominant ReligionsPredominant Religions

Racial and Ethnic Concentrations in the United StatesRacial and Ethnic Concentrations in the United States

Population DensityPopulation Density

Population – States, DC & PossessionsPopulation – States, DC & PossessionsRank   State  Population 

# 1   California: 36,132,147  : 36,132,147 

# 2   # 2   Texas: 22,859,968  : 22,859,968 

# 3   # 3   New York: 19,254,630  : 19,254,630 

# 4   # 4   Florida: 17,789,864  : 17,789,864 

# 5   # 5   Illinois: 12,763,371  : 12,763,371 

# 6   # 6   Pennsylvania: 12,429,616  : 12,429,616 

# 7   # 7   Ohio: 11,464,042  : 11,464,042 

# 8   # 8   Michigan: 10,120,860  : 10,120,860 

# 9   # 9   Georgia: 9,072,576  : 9,072,576 

# 10   # 10   New Jersey: 8,717,925  : 8,717,925 

# 11   # 11   North Carolina: 8,683,242  : 8,683,242 

# 12   # 12   Virginia: 7,567,465  : 7,567,465 

# 13   # 13   Massachusetts: 6,398,743  : 6,398,743 

# 14   # 14   Washington: 6,287,759  : 6,287,759 

# 15   # 15   Indiana: 6,271,973  : 6,271,973 

# 16   # 16   Tennessee: 5,962,959  : 5,962,959 

# 17   # 17   Arizona: 5,939,292  : 5,939,292 

# 18   # 18   Missouri: 5,800,310  : 5,800,310 

# 19   # 19   Maryland: 5,600,388  : 5,600,388 

# 20   # 20   Wisconsin: 5,536,201  : 5,536,201 

# 21   # 21   Minnesota: 5,132,799  : 5,132,799 

# 22   # 22   Colorado: 4,665,177  : 4,665,177 

# 23   # 23   Alabama: 4,557,808  : 4,557,808 

# 24   # 24   Louisiana: 4,523,628  : 4,523,628 

# 25   # 25   South Carolina: 4,255,083  : 4,255,083 

# 26   # 26   Kentucky: 4,173,405  : 4,173,405 

# 27 Puerto Rico: 3,912,054  # 27 Puerto Rico: 3,912,054 

RankRank   State     State  Population Population

# 28   Oregon: 3,641,056 

# 29   Oklahoma: 3,547,884 

# 30   Connecticut: 3,510,297 

# 32   Mississippi:2,921,088 

# 33   Arkansas: 2,779,154 

# 34   Kansas: 2,744,687 

# 35   Utah: 2,469,585 

# 36   Nevada: 2,414,807 

# 37   New Mexico: 1,928,384 

# 38   West Virginia: 1,816,856 

# 39   Nebraska: 1,758,787 

# 40   Idaho: 1,429,096 

# 41   Maine: 1,321,505 

# 42   New Hampshire: 1,309,940 

# 43   Hawaii: 1,275,194 

# 44   Rhode Island: 1,076,189 

# 45   Montana: 935,670 

# 46   Delaware: 843,524 

# 47   South Dakota: 775,933 

# 48   Alaska: 663,661 

# 49   North Dakota: 636,677 

# 50   Vermont: 623,050 

# 51  District of Columbia: 550,521 

# 52   Wyoming: 509,294 

# 53   Guam: 168,564 

# 54   US Virgin Islands: 108,708 

# 55   Northern Mariana Islands: 80,362 

# 56   American Samoa: 57,881 

Total: 300,737,973Total: 300,737,973

THE CHANGING DISTRIBUTION OF THE OVER-65 POPULATION IN THE CHANGING DISTRIBUTION OF THE OVER-65 POPULATION IN THE USATHE USA

Per Capita IncomePer Capita IncomeWealthiestWealthiest1.1. Connecticut – $28,766 Connecticut – $28,766

1T1T (Dist of Columbia – $28,659) (Dist of Columbia – $28,659)

3.3. New Jersey – $27,006New Jersey – $27,006

4.4. Massachusetts – $25,952Massachusetts – $25,952

5.5. Maryland – $25,614Maryland – $25,614

6.6. Colorado – $24,049Colorado – $24,049

7.7. Virginia – $23,975Virginia – $23,975

8.8. New Hampshire – $23,844New Hampshire – $23,844

9.9. New York – $23,389New York – $23,389

10.10.Delaware – $23,305Delaware – $23,305

11.11.Minnesota – $23,198Minnesota – $23,198

Least WealthyLeast Wealthy41.41.Kentucky – $18,093Kentucky – $18,093

42.42.Idaho – $17,841Idaho – $17,841

43.43.North Dakota – $17,769North Dakota – $17,769

44.44.Oklahoma – $17,646Oklahoma – $17,646

45.45.South Dakota – $17,562South Dakota – $17,562

46.46.New Mexico – $17,261New Mexico – $17,261

47.47.Montana – $17,151Montana – $17,151

48.48.Louisiana – $16,912Louisiana – $16,912

49.49.Arkansas – $16,904Arkansas – $16,904

50.50.West Virginia – $16,477West Virginia – $16,477

51.51.Mississippi – $15,853Mississippi – $15,853

HealthHealth

HealthiestHealthiest

1.1.Vermont Vermont

2.2.HawaiiHawaii

3.3.New Hampshire New Hampshire

4.4.Minnesota Minnesota

5.5.Utah Utah

UnhealthiestUnhealthiest

50. Louisiana50. Louisiana

49. Mississippi49. Mississippi

48. 48. South CarolinaSouth Carolina

47. Tennessee 47. Tennessee

46. Texas. 46. Texas.

2525Slide 7-47