Which of These GLOBE Dimensions Does Not Fit with Hofstede's

question 52

Multiple Choice

Which of these GLOBE dimensions does not fit with Hofstede's definition of collectivism?

• A)High societal collectivism
• B)Low performance orientation
• C)Low societal collectivism
• D)High performance orientation

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Definitions:

High Capital

Refers to a significant amount of financial assets or resources held by individuals, firms, or governments, enabling large investments in projects or ventures.

ATC Curve

The Average Total Cost (ATC) curve in economics represents the total cost per unit of output, calculated by dividing the total cost by the quantity of output produced.

Demand Curve

A graphical representation showing the relationship between the price of a good and the quantity demanded by consumers at various price levels.

Marginal Revenue

The increase in revenue that results from the sale of one additional unit of product or service.