Hofstede's Work Resulted in Clustering Countries by Cultural Values Across

question 21

Multiple Choice

Hofstede's work resulted in clustering countries by cultural values across bipolar cultural dimensions as follows:

• A) Outer-directed versus inner-directed, neutral versus emotional, specific versus diffuse, universalism versus particularism
• B) Individualism-collectivism, masculinity-femininity, power distance, and uncertainty avoidance
• C) Gender egalitarianism, future orientation, performance orientation, humane orientation
• D) Gender egalitarianism, future orientation, performance orientation, uncertainty avoidance

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Definitions:

Opportunity Costs

Choosing one option results in the forfeiture of potential gains from other available choices.

Sitting in Traffic

The state of being in a vehicular traffic jam, often resulting in delayed travel times and increased frustration.

Adverse Selection

A market process in which undesired results occur due to information asymmetry between buyers and sellers, where one party has more or better information than the other.

Sellers' Ratings

Evaluations or scores given to sellers based on their performance, product quality, and customer service, often found on e-commerce platforms.