- 1 Marks
BMIS – L1 – SA – Q3.4 – Organisation culture in business
Identifies Hofstede’s cultural dimension for self-reliance.
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In Country X, it is usual for the senior management of stock market companies to defer major expenditures in order to improve the reported current year profits. In Country Y, it is common for the annual report of major stock market companies to explain at length the company’s strategies and commitment to plans for capital expenditure. Which of Hofstede’s dimension of culture is being compared in this example?
AÂ Â Uncertainty avoidance
BÂ Â Power distance
CÂ Â Individualism versus collectivism
DÂ Â Long-term orientation versus short-term orientation
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