_____ 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:

Productivity

The efficiency of production, measured as the amount of output produced per unit of input used.

Little Capital

A term referring to businesses or investments that require a relatively small amount of money to start or maintain.

Infant Mortality Rate

A statistical measure representing the number of deaths of infants under one year old per 1,000 live births in a given year.

Developed Countries

Nations with advanced economies, high standards of living, and well-established infrastructure, often characterized by high levels of industrialization.