Hofstede's Uncertainty Avoidance Measure Captures

question 120

Multiple Choice

Hofstede's uncertainty avoidance measure captures

• A) a society's level of comfort with uncertainty.
• B) individual anxiety about uncertainty in a cultural context.
• C) social anxiety and the use of alcohol in its reduction.
• D) avoidance of aggressive behavior in a society.

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Definitions:

Long-Term Debt

Borrowings that are due to be repaid more than one year in the future, often used for significant investments in the business.

Industrialized Economy

An economy characterized by significant industrial activity, high levels of income and employment, and a large manufacturing sector.

Consumption

The act of using goods and services by households or individuals, typically regarded as a primary economic activity.

Production

Production involves the process of creating, manufacturing, or enhancing goods and services.