In Problems 27–29, determine the values of r for which det (A – rI) = 0.
Global Business Strategy Class Notes: 9/27 National Differences Overview 1. Why does culture matter 2. Do we live in a globalized world 3. Why do differences in political, economic, and legal systems between countries matter for firms 4. What are the 3 most important types of economic systems 5. What are the three major legal systems 6. Why do investors care about a country’s legal system 7. Why are property rights so important Culture is.. - A system of values and norms that are shared among groups of people, that constitute a design for living - “how things are done around here” Values and Norms: Values= abstract ideas of what society thinks is right Norms= social guidelines that implement values - th