According to Hofstede, the Extent to Which Subordinates Accept a Hierarchical

question 81

Multiple Choice

According to Hofstede, the extent to which subordinates accept a hierarchical system in a company is known as ________.

• A)uncertainty avoidance
• B)power distance
• C)individualism
• D)masculinity

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Definitions:

Debt Investments

Investments made by purchasing bonds or other debt instruments, offering returns in the form of regular interest payments.

IFRS And ASPE

International Financial Reporting Standards and Accounting Standards for Private Enterprises are guidelines for financial accounting.

Equity Method

The equity method is an accounting technique used by a company to record its investment in another company when it has significant influence but not full control, typically between 20% and 50% ownership.

Significantly Influenced

A condition where an investor has a considerable but not controlling interest in another company, able to affect its policies without direct control.