Hofstede's Work on Culture and Its Impact on Managing HR

question 47

Multiple Choice

Hofstede's work on culture and its impact on managing HR within an international environment was conducted in the 1960's and '70's.It is interesting that

• A) the results of his work have been replicated, confirming the validity of his findings, and recent studies have expanded on his original theory.
• B)while his work is often cited, it was impossible to replicate his findings in subsequent studies.
• C)the results of his study can only be applied within the electronics industry and have no relevance outside of that industry.
• D)the definition of culture when used in reference to a society is in many ways very different from the definition when used to describe the environment within a company.
• E)the study found vast differences between the culture of the society and the culture of the local companies that operated in that society.

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Definitions:

Good

An item or service that satisfies human wants and provides utility, which can be transferred or sold.

Sellers

Individuals or entities that offer goods or services in exchange for monetary or other forms of compensation.

Producer Surplus

Producer surplus is an economic measure of the difference between the amount a producer is paid for a good compared to the minimum amount they would accept to produce that good.

Market Price

is the current price at which an asset or service can be bought or sold in the open market.