People in Cultures with High Uncertainty Avoidance

question 43

Multiple Choice

People in cultures with high uncertainty avoidance:

• A)tend to avoid conflict.
• B)tolerate ambiguity better.
• C)tend to accept dissenting viewpoints.
• D)are more willing to take risks.

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Definitions:

Gender Differences

Variations in the roles, behaviors, and attributes typically associated with being male or female.

Penetration Pricing

A strategy where a new product is introduced to the market at a low initial price to attract customers quickly and gain market share.

Skimming Pricing

A pricing strategy where a product is initially set at a high price before being gradually lowered to attract different segments of consumers.

Price-insensitive Customers

Consumers who are less affected by price changes and more focused on other factors such as quality, brand loyalty, or unique features.