Which of the Following Dimensions Does NOT Accurately Describe the Majority

question 27

Multiple Choice

Which of the following dimensions does NOT accurately describe the majority firms in the United States?

• A) High individualism
• B) Low power distance
• C) Low uncertainty avoidance
• D) High long-term orientation

---

Definitions:

Comparative Advantage

The ability of an entity to produce a good or service at a lower opportunity cost than others, leading to more efficient trade possibilities.

Labor-Intensive

Characterized by a high proportion of labor relative to capital in the production process.

Labor-Abundant

Describes economies or regions with a large workforce relative to the capital or land available.

Factor Endowments

Refers to the quantities of productive resources a country has available, including labor, land, and capital.