Hofstede's Dimension of Uncertainty Avoidance Refers to

question 25

Multiple Choice

Hofstede's dimension of uncertainty avoidance refers to

• A) the extent that people think of themselves as members of a group or collective,rather than discrete individuals.
• B) the degree of equality of authority distribution in a given society and its workplaces,and employee expectations related to the same.
• C) a culture's desire for predictability,or the lack of predictability in the workplace and elsewhere.
• D) values such as competition,assertiveness,and achievement versus values like care for the weak and relationships.
• E) the extent to which members of a given society value future planning as opposed to a more immediate short-term perspective.

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Definitions:

Base Year Prices

Prices expressed in terms of a specific base year, used to remove the effects of inflation when comparing economic data across different years.

Real GDP

Represents the total economic output of a country, adjusted for inflation, measuring the value of all goods and services produced over a specific time period.

GDP

Gross Domestic Product, which measures the total value of all goods and services produced within a country's borders in a given time period, used as a broad indicator of economic health.

Price Level

Denotes the mean of present prices for all types of goods and services produced in the economy.