Examlex
Horizontal mergers are popular in the auto and healthcare industries.
Uncertainty Avoidance
A cultural or organizational characteristic where members prefer structured situations over ambiguity, aiming to minimize the unpredictability of future events.
Ecological Fallacy
The error of making inferences about individuals based on aggregate data for a group.
Uncertainty-Avoidance Cultures
Cultures that have a low tolerance for uncertainty and ambiguity, leading to well-established norms and rules to minimize the unpredictability of future events.
Openness To Change
The willingness or ability to accept and adapt to new ideas, situations, or innovations.
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