According to Hofstede's Model,which Group of Nations Score High on the Individualism

question 129

Multiple Choice

According to Hofstede's Model,which group of nations score high on the individualism scale and low on the power distance scale?

• A) advanced western nations such as the United States, Canada, and Britain
• B) South American nations such as Brazil, Peru, and Ecuador
• C) Asian nations such as Japan, South Korea, and Singapore
• D) African nations such as Zaire, Sudan, and Chad
• E) Mid east countries such as Turkey, Syria and Iran

---

Definitions:

Demand Functions

Mathematical expressions that relate the quantity of a good that consumers are willing and able to purchase at various prices, holding other factors constant.

Income

Earnings from work or investment, which are critical for determining spending and saving behaviors within an economy.

Utility Function

A mathematical representation in economics that quantifies the satisfaction or happiness a consumer derives from consuming goods and services.

Tape Recorder

An electronic device used for recording sound on magnetic tape and subsequently playing back the recorded audio.