Which of the Following Is True of Hofstede's (1980)theory

question 5

Multiple Choice

Which of the following is true of Hofstede's (1980) theory?

• A) The theory was developed as part of the cross-cultural psychology literature, and therefore was not directly concerned with accounting.
• B) It detected four structural elements of culture which strongly affect known behaviour in work situations in organisations and institutions.
• C) It derived from data collected from a multinational corporation located in more than 50 countries.
• D) All of the given options are correct.

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Definitions:

Budgets

Financial plans that estimate revenue and expenses over a specified period.

Learning Curves

A graphical representation that shows how increasing the volume of production decreases the cost per unit due to learning and efficiency improvements.

Labour

It is the human effort, physical or mental, contributed towards the production of goods and services.

Learning Curve

The concept that with more experience or production, efficiency is typically increased, and the cost per unit decreases.