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Hofstede
A framework for cross-cultural communication, developed by Geert Hofstede, that analyzes cultures in terms of five (later six) dimensions such as power distance, individualism vs. collectivism, and uncertainty avoidance.
Business Relationship
A connection between two or more businesses that involves some level of mutual benefit, cooperation, or dependency.
BRIC Countries
An acronym for Brazil, Russia, India, and China, representing rapidly developing countries known for their significant economic growth potential.
Market Growth
The increase in the demand for a particular product or service over time, often measured as a percentage increase in market size.
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