In the Hofstede Model,power Distance Is Defined as the ________________________________________________________

question 24

Multiple Choice

In the Hofstede model,power distance is defined as the ________________________________________________________.

• A) level of assertiveness exhibited by a culture
• B) extent to which inequalities in interpersonal relationships are evident and accepted
• C) ratio of power to distance in cultural communications
• D) tendency to avoid risk

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Definitions:

Salary Increase

An upward adjustment in an employee's pay rate, often awarded for performance, longevity, or changes in market conditions.

Price Elasticity

A measure of how much the quantity demanded of a good responds to a change in the price of that good, reflecting the good’s sensitivity to price changes.

Substitute

An alternative product or service that consumers can choose over another based on similarities in function, utility, or purpose.

Marketing Mix

A foundational marketing model consisting of the four Ps: Product, Price, Place, and Promotion, used to ensure the successful marketing of a product or service.