In Terms of Collectivism, How Does Hofstede's View Differ from That

question 106

Multiple Choice

In terms of collectivism, how does Hofstede's view differ from that of GLOBE?

• A)There is no difference; both frameworks include the same dimension termed 'individualism/collectivism.'
• B)In the GLOBE framework, collectivism is seen along two separate dimensions: an institutional dimension and a small-group dimension.
• C)In Hofstede's framework, collectivism is seen along two separate dimensions: an institutional dimension and a small-group dimension.
• D)Hofstede's framework only includes collectivism measures in non-wealthy countries.
• E)GLOBE collectivism is only measured with managers, not with employees.

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Definitions:

Good W

A hypothetical product or service used in economic examples or theories to discuss various economic principles.

Good Y

Typically used in economic models, it represents a generic secondary good in contrast to another good, often labeled as Good X.

Rationing Device

A mechanism used to distribute scarce goods and services among competing uses or users.

Supply Shifts

Changes in the supply curve caused by factors other than the product's price, such as production costs, technology, and expectations, leading to more or less of the product being supplied at each price.