Examlex
Hofstede's study isolated four dimensions that he claimed summarized different cultures: aggressive versus passive,power distance,individualism versus collectivism,and masculinity versus femininity.
Corporation
A legal entity that is separate from its owners, providing limited liability protection to its shareholders.
Sole Proprietorship
A company that is both owned and run by one person, where the law does not separate the owner from the entity itself.
Profits Taxed Twice
Describes circumstances where corporate profits are taxed at the business level and then taxed again when distributed as dividends to shareholders.
Multinational Corporations
Companies that operate in multiple countries, managing production or delivering services in more than one country.
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