If a Culture Values Aspects Such as Caring for Others

question 68

Multiple Choice

If a culture values aspects such as caring for others and about quality of life,according to Hofstede's dimensions of cultural values,it would be classified as high on which of these?

• A)Collectivism
• B)Uncertainty avoidance
• C)Femininity
• D)Power distance
• E)Short-term orientation

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Definitions:

Capital Flows

The transfer of funds to support trade, investment, or business activities, domestically or across borders.

Short-run Profits

The profit earned by a firm during a period where at least one input is fixed, typically analyzed to understand performance without long-term adjustments.

Capital Flow

The movement of money for the purpose of investment, trade, or business production across international borders.

Industry's Short-run

A period in which at least one of a firm's inputs is fixed, limiting the firm's ability to adjust to changes in market demand.