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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.
-Sasha is also considering Sweden, where people emphasize relationships and concern for others. Sweden is considered high on which of the following dimensions?
Stock Variable
A quantity measured at one specific time, representing a certain amount accumulated up to that time.
Money Supply
The total amount of monetary assets available in an economy at a specific time.
Price Level
A composite measure reflecting the prices of all goods and services in the economy relative to prices in a base year.
Consumer Spending
The total expenditure by households on goods and services within a certain period of time, a primary engine of economic activity.
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