_____ Identified Four Cultural Dimensions That Can Have a Profound

question 15

Multiple Choice

_____ identified four cultural dimensions that can have a profound impact on the business environment: individualism/collectivism, power distance, uncertainty avoidance, and masculinity/femininity.

• A)Milton Friedman
• B)Abraham Maslow
• C)Adam Smith
• D)Geert Hofstede
• E)John Maynard Keynes

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Definitions:

Controlled Conditions

are specific environments or settings that are intentionally manipulated and maintained for the purpose of conducting experiments or processes accurately.

Specific Price

A definite and unambiguous cost assigned to a particular item or service.

Reasonable Price

A price that is considered fair and appropriate for the goods or services offered, taking into account various factors like market conditions, costs, and value provided.

Sale of Goods

A transaction in which ownership of tangible personal property is transferred from one party to another for a price.