The Chinese Culture Is a Tight Social Framework in Which

question 64

Multiple Choice

The Chinese culture is a tight social framework in which people take care of the members of a broader in group and act loyal to it. In the context of Hofstede's dimensions, what is the personality dimension used to describe the Chinese culture?

• A) Collectivism
• B) Uncertainty avoidance
• C) Masculinity
• D) Low power distance
• E) Short-term orientation

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Definitions:

AASB 2

An accounting standard issued by the Australian Accounting Standards Board that covers the accounting requirements for share-based payment transactions.

Business Combination

A transaction or event in which an acquirer obtains control of one or more businesses.

Fair Value

An estimated market value of an asset or liability based on current market conditions rather than historical cost.

Vesting Date

The date on which an employee gains full control over the benefits or stock options granted as part of their compensation package.