loquacious talkative officialdom people who are in positions of authority in large organizations when they seem to be more interested in following rules than in being helpful savoir faire /ˌsæv.wɑːˈfeər/ ability to do and say the right thing in any social situation roundabout (~ discourse) not in a simple, direct, or quick way (~ speech) egghead (informal, disapproving or humorous) a person who is very intelligent and is only interested in studying streetwise (informal) having the knowledge and experience that is needed to deal with the difficulties and dangers of life in a big city hunch feeling that sth is true even though you do not have any evidence to prove it haute cuisine /ˌəʊt kwɪˈziːn/ high-quality cooking following the style of traditional French cuisine mañana (~ mentality, attitude) /mæˈnjɑːnə/ meaning 'tomorrow' in Spanish, used to talk about someone who seems too relaxed and always delays doing things loquacious talkative officialdom people who are in positions of authority in large organizations when they seem to be more interested in following rules than in being helpful monochronic culture which schedules one event at a time in an orderly fashion polychronic culture where employees can work on several tasks simultaneously. Individuals thrive on carrying out more than one task at the same time as long as they can be executed together with a natural rhythm Lewis model born in an era of rampant globalisation of business, is particularly appropriate for assessing an individual’s likely performance in a commercial role. The design of the questionnaire is based on business situations. The nomenclature of the typologies is succinct: Linear-active, Multi-active, Reactive. While the three types are distinctive, each possesses behavioural elements from the other two categories. It is a question of which one is dominant. Many individuals deviate from the national type in a work situation e.g. engineers and accountants tend to be Linear, sales people Multi-active, lawyers and doctors Reactive linear-active culture culture where you may want to be concise, precise, and factual, avoid interruptions and distractions, and follow a clear agenda and timeline multi-active culture culture where you may want to be friendly, enthusiastic, and empathetic, allow for some flexibility and improvisation, and use stories and examples to illustrate your points reactive culture culture where you may want to be polite, respectful, and humble, listen attentively and patiently, and use indirect and subtle cues to convey your messages loquacious talkative officialdom people who are in positions of authority in large organizations when they seem to be more interested in following rules than in being helpful nepotism (disapproving) giving unfair advantages to your own family if you are in a position of power, especially by giving them jobs power distance strength of social hierarchy | has been defined as the extent to which the less powerful members of organizations and institutions (like the family) accept and expect that power is distributed unequally. This represents inequality (more versus less), but defined from below, not from above. It suggests that a society's level of inequality is endorsed by the followers as much as by the leaders. Power and inequality, of course, are extremely fundamental facts of any society. All societies are unequal, but some are more unequal than others (https://scholarworks.gvsu.edu/cgi/viewcontent.cgi?article=1014&context=orpc pg 8) masculinity-femininity task-orientation versus person-orientation IDV (individualism-collectivism) measures the extent to which people look out for each other as a team or look out for themselves as an individual UAI (uncertainty avoidance index) indicates to what extent nations avoid the unknown | is not the same as risk avoidance: it deals with a society's tolerance for ambiguity. It indicates to what extent a culture programs its members to feel either uncomfortable or comfortable in unstructured situations. Unstructured situations are novel, unknown, surprising, and different from usual. Uncertainty avoiding cultures try to minimize the possibility of such situations by strict behavioural codes, laws and rules, disapproval of deviant opinions, and a belief in absolute Truth | 'there can only be one Truth and we have it' (https://scholarworks.gvsu.edu/cgi/viewcontent.cgi?article=1014&context=orpc pg 10) LTO (long-term orientation) expresses how societies either prioritize traditions or seek for the modern in their dealings with the present and the future IVR (indulgence vs restraint) comparison between a country's willingness to wait for long-term benefits by holding off on instant gratification, or preferences to no restraints on enjoying life at the present Hofstede's Cultural Dimensions Theory created in 1980 by Dutch management researcher Geert Hofstede who carried out an extensive survey during the 1960s and 1970s, investigating variations in values within different sectors of IBM, a global computer manufacturing company power distance strength of social hierarchy | has been defined as the extent to which the less powerful members of organizations and institutions (like the family) accept and expect that power is distributed unequally. This represents inequality (more versus less), but defined from below, not from above. It suggests that a society's level of inequality is endorsed by the followers as much as by the leaders. Power and inequality, of course, are extremely fundamental facts of any society. All societies are unequal, but some are more unequal than others (https://scholarworks.gvsu.edu/cgi/viewcontent.cgi?article=1014&context=orpc pg 8) masculinity-femininity task-orientation versus person-orientation IDV (individualism-collectivism) measures the extent to which people look out for each other as a team or look out for themselves as an individual UAI (uncertainty avoidance index) indicates to what extent nations avoid the unknown | is not the same as risk avoidance: it deals with a society's tolerance for ambiguity. It indicates to what extent a culture programs its members to feel either uncomfortable or comfortable in unstructured situations. Unstructured situations are novel, unknown, surprising, and different from usual. Uncertainty avoiding cultures try to minimize the possibility of such situations by strict behavioural codes, laws and rules, disapproval of deviant opinions, and a belief in absolute Truth | 'there can only be one Truth and we have it' (https://scholarworks.gvsu.edu/cgi/viewcontent.cgi?article=1014&context=orpc pg 10) LTO (long-term orientation) expresses how societies either prioritize traditions or seek for the modern in their dealings with the present and the future IVR (indulgence vs restraint) comparison between a country's willingness to wait for long-term benefits by holding off on instant gratification, or preferences to no restraints on enjoying life at the present Millennials also known as Generation Y or Gen Y, are the demographic cohort following Generation X and preceding Generation Z. Researchers and popular media use the early 1980s as starting birth years and the mid-1990s to early 2000s as ending birth years, with the generation typically being defined as people born from 1981 to 1996. Most millennials are the children of baby boomers and early Gen Xers | millennials are often the parents of Generation Alpha | described as the first global generation and the first generation that grew up in the Internet age. The generation is generally marked by elevated usage of and familiarity with the Internet, mobile devices, and social media, which is why they are sometimes termed digital natives incentive something that encourages you to do sth gender gap difference in opinions or attitudes between men and women concerning a variety of public and private issues, including political candidates, parties, or programmes telework work from home, remotely frugality prudence in avoiding waste perseverance quality of continuing to try to achieve a particular aim in spite of difficulties indulgence (usually disapproving) the state or act of having or doing whatever you want | the state of allowing sb to have or do whatever they want | something that you allow yourself to have even though it is not essential gratification state of feeling pleasure when sth goes well for you or when your desires are satisfied | sth that gives you pleasure Carpe diem Latin aphorism, usually translated "seize the day", "pluck the day [as it is ripe]", that is 'Enjoy the moment' legitimate lawful, proper, regular, conforming to the standard type | logically admissible Hofstede's Cultural Dimensions Theory created in 1980 by Dutch management researcher Geert Hofstede who carried out an extensive survey during the 1960s and 1970s, investigating variations in values within different sectors of IBM, a global computer manufacturing company power distance strength of social hierarchy | has been defined as the extent to which the less powerful members of organizations and institutions (like the family) accept and expect that power is distributed unequally. This represents inequality (more versus less), but defined from below, not from above. It suggests that a society's level of inequality is endorsed by the followers as much as by the leaders. Power and inequality, of course, are extremely fundamental facts of any society. All societies are unequal, but some are more unequal than others (https://scholarworks.gvsu.edu/cgi/viewcontent.cgi?article=1014&context=orpc pg 8) masculinity-femininity task-orientation versus person-orientation IDV (individualism-collectivism) measures the extent to which people look out for each other as a team or look out for themselves as an individual UAI (uncertainty avoidance index) indicates to what extent nations avoid the unknown | is not the same as risk avoidance: it deals with a society's tolerance for ambiguity. It indicates to what extent a culture programs its members to feel either uncomfortable or comfortable in unstructured situations. Unstructured situations are novel, unknown, surprising, and different from usual. Uncertainty avoiding cultures try to minimize the possibility of such situations by strict behavioural codes, laws and rules, disapproval of deviant opinions, and a belief in absolute Truth | 'there can only be one Truth and we have it' (https://scholarworks.gvsu.edu/cgi/viewcontent.cgi?article=1014&context=orpc pg 10) LTO (long-term orientation) expresses how societies either prioritize traditions or seek for the modern in their dealings with the present and the future IVR (indulgence vs restraint) comparison between a country's willingness to wait for long-term benefits by holding off on instant gratification, or preferences to no restraints on enjoying life at the present Millennials also known as Generation Y or Gen Y, are the demographic cohort following Generation X and preceding Generation Z. Researchers and popular media use the early 1980s as starting birth years and the mid-1990s to early 2000s as ending birth years, with the generation typically being defined as people born from 1981 to 1996. Most millennials are the children of baby boomers and early Gen Xers | millennials are often the parents of Generation Alpha | described as the first global generation and the first generation that grew up in the Internet age. The generation is generally marked by elevated usage of and familiarity with the Internet, mobile devices, and social media, which is why they are sometimes termed digital natives incentive something that encourages you to do sth gender gap difference in opinions or attitudes between men and women concerning a variety of public and private issues, including political candidates, parties, or programmes telework work from home, remotely frugality prudence in avoiding waste perseverance quality of continuing to try to achieve a particular aim in spite of difficulties indulgence (usually disapproving) the state or act of having or doing whatever you want | the state of allowing sb to have or do whatever they want | something that you allow yourself to have even though it is not essential gratification state of feeling pleasure when sth goes well for you or when your desires are satisfied | sth that gives you pleasure Carpe diem Latin aphorism, usually translated "seize the day", "pluck the day [as it is ripe]", that is 'Enjoy the moment' legitimate lawful, proper, regular, conforming to the standard type | logically admissible interest rate percentage of a sum of money charged for its use distribution strategy methods and channels a company uses to deliver its products or services from the point of production to the end consumer. The overarching goal is to move inventory as efficiently as possible while delivering the best possible customer experience embedded finance (in fintech) term for integrating banking and other financial services into nonfinancial apps and services. Companies are merging banking, lending, insurance, and investment services with their customer offerings through application programming interfaces (APIs) linked to financial partners. Embedded finance is, in a sense, nothing new: Buy now, pay later (BNPL) is based on invisible third-party loans given at the point of sale credit worthiness trustworthiness with money as based on a person's credit history | a general qualification for borrowing Hofstede's Cultural Dimensions Theory created in 1980 by Dutch management researcher Geert Hofstede who carried out an extensive survey during the 1960s and 1970s, investigating variations in values within different sectors of IBM, a global computer manufacturing company power distance strength of social hierarchy | has been defined as the extent to which the less powerful members of organizations and institutions (like the family) accept and expect that power is distributed unequally. This represents inequality (more versus less), but defined from below, not from above. It suggests that a society's level of inequality is endorsed by the followers as much as by the leaders. Power and inequality, of course, are extremely fundamental facts of any society. All societies are unequal, but some are more unequal than others (https://scholarworks.gvsu.edu/cgi/viewcontent.cgi?article=1014&context=orpc pg 8) masculinity-femininity task-orientation versus person-orientation IDV (individualism-collectivism) measures the extent to which people look out for each other as a team or look out for themselves as an individual UAI (uncertainty avoidance index) indicates to what extent nations avoid the unknown | is not the same as risk avoidance: it deals with a society's tolerance for ambiguity. It indicates to what extent a culture programs its members to feel either uncomfortable or comfortable in unstructured situations. Unstructured situations are novel, unknown, surprising, and different from usual. Uncertainty avoiding cultures try to minimize the possibility of such situations by strict behavioural codes, laws and rules, disapproval of deviant opinions, and a belief in absolute Truth | 'there can only be one Truth and we have it' (https://scholarworks.gvsu.edu/cgi/viewcontent.cgi?article=1014&context=orpc pg 10) LTO (long-term orientation) expresses how societies either prioritize traditions or seek for the modern in their dealings with the present and the future IVR (indulgence vs restraint) comparison between a country's willingness to wait for long-term benefits by holding off on instant gratification, or preferences to no restraints on enjoying life at the present Millennials also known as Generation Y or Gen Y, are the demographic cohort following Generation X and preceding Generation Z. Researchers and popular media use the early 1980s as starting birth years and the mid-1990s to early 2000s as ending birth years, with the generation typically being defined as people born from 1981 to 1996. Most millennials are the children of baby boomers and early Gen Xers | millennials are often the parents of Generation Alpha | described as the first global generation and the first generation that grew up in the Internet age. The generation is generally marked by elevated usage of and familiarity with the Internet, mobile devices, and social media, which is why they are sometimes termed digital natives incentive something that encourages you to do sth gender gap difference in opinions or attitudes between men and women concerning a variety of public and private issues, including political candidates, parties, or programmes telework work from home, remotely frugality prudence in avoiding waste perseverance quality of continuing to try to achieve a particular aim in spite of difficulties indulgence (usually disapproving) the state or act of having or doing whatever you want | the state of allowing sb to have or do whatever they want | something that you allow yourself to have even though it is not essential gratification state of feeling pleasure when sth goes well for you or when your desires are satisfied | sth that gives you pleasure Carpe diem Latin aphorism, usually translated "seize the day", "pluck the day [as it is ripe]", that is 'Enjoy the moment' legitimate lawful, proper, regular, conforming to the standard type | logically admissible You scratch my back and I'll scratch yours used to tell someone that if they help you, you will help them to trade off to give up one desired objective in order to get another, when both cannot be achieved at the same time | to make a compromise to pretend to behave in a particular way, in order to make other people believe sth that is not true to deceive to make sb believe sth that is not true to be on to sb to understand the motives of someone | not be deceived reciprocity situation in which two people, countries, etc. provide the same help or advantages to each other consistency quality of always behaving in the same way or of having the same opinions, standard, etc likeability property that makes a person likeable, that allows them to be liked scarcity of smallness of quantity in proportion to the wants or demands | deficiency wholesale connected with goods that are bought and sold in large quantities, especially so they can be sold again to make a profit You scratch my back and I'll scratch yours used to tell someone that if they help you, you will help them to trade off to give up one desired objective in order to get another, when both cannot be achieved at the same time | to make a compromise to pretend to behave in a particular way, in order to make other people believe sth that is not true to deceive to make sb believe sth that is not true to be on to sb to understand the motives of someone | not be deceived reciprocity situation in which two people, countries, etc. provide the same help or advantages to each other consistency quality of always behaving in the same way or of having the same opinions, standard, etc likeability property that makes a person likeable, that allows them to be liked scarcity of smallness of quantity in proportion to the wants or demands | deficiency wholesale connected with goods that are bought and sold in large quantities, especially so they can be sold again to make a profit prospective expected to do sth or to become sth | potential customer centric approach business strategy putting your customer first and at the core of your business in order to provide a positive experience and build long-term relationships headline short summary of the most important items of news lead piece of information that may help to find out the truth or facts about a situation boilerplate standard, reusable piece of content that's used in various pieces of content, from articles to communication materials like press releases and contracts. It serves as a template for specific types of content, allowing consistency and efficiency in writing and communication DEI diversity, equity and inclusion is a term used to describe policies and programs that promote the representation and participation of different groups of individuals pram (BrEn) | (baby carriage AmEn) small vehicle on four wheels for a baby to go out in, pushed by a person on foot