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Exhibit 2.14: Managerial Implications of Time Horizon

Exhibit 2.14: Managerial Implications of Time Horizon

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Internal vs. External Control

••

••



Concerned

Concerned with

with beliefs

beliefs regarding

regarding control

control ofof one’s

one’s fate

fate

Best

Best reflected

reflected with

with how

how people

people interact

interact with

with the

the

environment

environment

•• Does

Does nature

nature dominate

dominate us

us or

or do

do we

we dominate

dominate

nature?

nature?

•• InIn societies

societies where

where people

people believe

believe nature

nature dominates

dominates

them,

them, managers

managers are

are more

more fatalistic.

fatalistic.

Copyright© 2005 South-Western/Thomson Learning All rights reserved



Exhibit 2.15: Managerial

Implications of Internal vs.

External Control



Copyright© 2005 South-Western/Thomson Learning All rights reserved



Exhibit 2.16: 7d Percentile

Rankings for Selected

Countries



Copyright© 2005 South-Western/Thomson Learning All rights reserved



Exhibit 2.16: 7d Percentile

Rankings for Selected

Countries



Copyright© 2005 South-Western/Thomson Learning All rights reserved



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Exhibit 2.14: Managerial Implications of Time Horizon

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