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An economist signals where he is going in his presentation on the national debt when he says, “Let me define problem,” and later, “So what is the solution?” He is using
Sustainable Development
Development that meets the needs of the present without compromising the ability of future generations to meet their own needs, emphasizing environmental, economic, and social sustainability.
Global Corporations
Large companies that operate and provide services or products in multiple countries around the world.
Geert Hofstede's Framework
A model that identifies and analyzes five dimensions of cultural differences across countries, which are power distance, individualism vs. collectivism, masculinity vs. femininity, uncertainty avoidance, and long-term orientation.
Cultural Dimensions
Conceptual frameworks that describe the effects of a society's culture on the values of its members, and how these values relate to behavior.
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