Hofstede's Dimension of Confucian Dynamism

question 26

Multiple Choice

Hofstede's dimension of Confucian dynamism:

• A) captures attitudes toward time, persistence, ordering by status, protection of face, respect for tradition, and reciprocation of gifts and favors.
• B) focuses on how a society deals with the fact that people are unequal in physical and intellectual capabilities.
• C) explores the relationship between the individual and his/her fellows.
• D) looks at the relationship between gender and the ability to accept ambiguous situations.

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Definitions:

Dollar Amount

The value of an item or transaction expressed in U.S. dollars, a common measure for comparing financial value.

Federal Reserve Deposits

Reserves held by commercial banks at the Federal Reserve, which are used to meet reserve requirements and facilitate day-to-day banking operations.

Check Clearing

The process by which banks settle transactions made by checks, ensuring that the funds move from the check writer's account to the recipient's.

Fractional Reserve Banking

A system in which depository institutions held reserves that are less than the amount of total deposits.