According to Geert Hofstede,which of the Following Is a Key

question 83

Multiple Choice

According to Geert Hofstede,which of the following is a key cultural dimension that helps account for rapid economic growth in Asia?

• A)power distance
• B)individualist\collectivist
• C)feminine\masculine
• D)uncertainty avoidance
• E)long-term orientation

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Definitions:

Intermediaries

Agents or businesses that act as a middleman in the distribution chain, moving products from producers to consumers.

Manufacturers' Agents

Independent sales agents who represent multiple manufacturers and their products without taking ownership of the goods.

Noncompetitive

Refers to a market situation where businesses face little to no competition, either due to monopolistic conditions or because they offer a unique product or service.

Complementary Merchandise

Products that are sold together or used jointly because they complement each other.