Examlex
What are Geert Hofstede's five cultural dimensions concepts? What is the value of his cultural dimensions concept to global marketers?
Profit-Oriented Enterprise
An organization that operates with the primary goal of earning profits, as opposed to non-profit organizations.
Not-for-profit Organization
An entity that operates for purposes other than generating profit for owners or shareholders, focusing instead on a mission or specific group of people.
Equity Method
An accounting approach used for recording investments in associate companies where the investment is initially recognized at cost and adjusted thereafter for the post-acquisition change in the investor's share of the net assets of the investee.
Profit-Oriented Entity
A business whose primary goal is to generate profits rather than focusing on other goals such as social impact or environmental sustainability.
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