Refer to the Scenario Below to Answer the Following Questions

question 112

Multiple Choice

Refer to the scenario below to answer the following questions.
Understanding Hofstede's Cultural Dimensions (Scenario)
Sasha has lived in Toronto her entire life and works at the head office of a large multinational corporation. She has recently become aware of several job openings for management in a number of the company's foreign subsidiaries. As she ponders the prospect of an overseas assignment, she reviews the research of Geert Hofstede to try to understand the cultural differences she would be faced with in each of the foreign subsidiaries.
-One of the countries that Sasha is considering is Japan, where people look to the future and value thrift and persistence. Japan is considered high on which of the following dimensions?

• A) individualism
• B) nurturing
• C) long-term orientation
• D) power distance
• E) short-term orientation

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Definitions:

Quantity Demanded

The aggregate quantity of a product or service that buyers are ready and capable of buying at a certain price during a defined time frame.

Demand

The willingness and financial capacity of individuals to buy goods and services at certain price levels.

Equilibrium Price

The price at which the quantity of a good or service demanded by consumers equals the quantity supplied by producers, resulting in a stable market condition.

Equilibrium Quantity

The quantity of goods or services that is supplied and demanded at the equilibrium price in a market.