In Hong Kong,children Are Raised to Be Obedient and to Honor

question 9

Multiple Choice

In Hong Kong,children are raised to be obedient and to honor their parents.In the corporate world here,subordinates rarely confront or contradict their superiors.This profile suggests that Hong Kong has a ____________ culture.

• A) low power distance
• B) masculine
• C) high power distance
• D) low uncertainty avoidance

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Definitions:

Dissolution

The official closure of an entity, such as a corporation or partnership, with legal processes to disband and distribute assets.

Court Order

A formal instruction or command issued by a court, requiring a person or entity to do or refrain from doing something.

Stakeholders

Groups, other than the company’s shareholders, that are affected by corporate decisions. Stakeholders include employees, customers, creditors, suppliers, and the community in which the corporation operates.

Tender Offer

A public offer made by a person, company, or entity to purchase a substantial portion of another company's shares or bonds.