Examlex
Which of the Hofstede variables would be most closely responsible for the existence of formal rules and procedures within a given culture?
Economic Responsibility
An entity's duty to make decisions that benefit the economic well-being of society and stakeholders.
Virtue Ethics
Virtue ethics is an approach to ethical thinking that emphasizes the importance of developing good habits of character, stressing the role of virtues like justice, temperance, and courage in ethical behavior.
Economic Responsibility
The obligation of a business to contribute to the economic well-being of a community, including generating jobs and paying fair wages.
Philanthropic Goodwill
The tangible or intangible benefit gained by a company through charitable activities and contributions to society, enhancing its public image and stakeholder relationships.
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