According to Hofstede,________ Is the Extent to Which People Accept

question 43

Multiple Choice

According to Hofstede,________ is the extent to which people accept power and authority differences among people.

• A) gender focus
• B) individualism
• C) power distance
• D) uncertainty avoidance

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Definitions:

U.S. Buyers

Individuals or entities within the United States that purchase goods or services, either domestically or from international markets.

Demand for British Pounds

The desire or need by individuals, businesses, or countries to purchase or hold British currency for the purpose of investment or transactions.

Currency Market

A global market where currencies are traded against each other, determining their exchange rates.

Appreciation

An increase in the value of an asset over time, which can be influenced by factors like demand, inflation, and currency value changes.