Hofstede Identifies Four Cultural Dimensions That Can Differentiate Countries

question 28

Multiple Choice

Hofstede identifies four cultural dimensions that can differentiate countries. These are individualism versus collectivism, high versus low power distances, ________, and weak versus strong uncertainty avoidance.

• A) masculine versus feminine
• B) total quality management versus JIT deliveries.
• C) customer relationship management versus power distances.
• D) strategic management versus marketing management.
• E) marketing management versus customer relationships.

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Definitions:

Compounded Semiannually

A calculation method where interest is applied to the principal plus previously accumulated interest twice per year.

Face Value

The nominal or dollar value printed on a financial instrument such as a bond or stock certificate, representing the value the issuer promises to pay at maturity.

Investment Yield

The earnings generated and realized on an investment over a particular period of time, expressed as a percentage of the investment's cost.

Maturity Date

The final payment date of a loan or other financial instrument, at which point the principal (and all remaining interest) is due to be paid.