In A(n) __________ Culture, Differences in Social Status Between Client

question 17

Multiple Choice

In a(n) __________ culture, differences in social status between client and service result in reduced opportunities for client loyalty based on social bonding.

• A)collectivist
• B)low power distance
• C)individualist
• D)high power distance
• E)low uncertainty avoidance

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Definitions:

Resource Availability

The extent to which inputs required for production, such as raw materials, labor, and capital, are readily obtainable in the economy or market.

Technological Capabilities

The skills, knowledge, tools, and processes available to an individual, organization, or society that enable technological developments or innovations.

Comparative Advantage

The capacity of a person, business, or nation to create a product or offer a service at a reduced opportunity cost compared to their rivals, thereby gaining specialized production and advantages in trade.