Which of the Following Is a Characteristic of Low-Context Cultures

question 44

Multiple Choice

Which of the following is a characteristic of low-context cultures?

• A) Authority is diffused throughout the bureaucratic system.
• B) Insiders and outsiders are easily distinguishable.
• C) Relationships between people are relatively long lasting.
• D) People in authority are personally responsible for the actions of their subordinates.

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Definitions:

Inflation

The rate of increase in the general price index for goods and services, leading to a decrease in how much can be bought.

Purchasing Power

The amount of goods or services one can obtain with a single unit of currency, determining its value.

Deflation

A decrease in the general price level of goods and services, often indicating an reduction in the supply of money or credit.

Nominal Interest Rate

The percentage rate at which interest is charged or paid on a loan or investment, not adjusted for inflation.