- 1 Marks
BMIS – L1 – SA – Q3.2 – Organisation culture in business
Compares Hofstede's cultural dimensions in two countries based on expenditure strategies.
Question
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?
A Uncertainty avoidance
B Power distance
C Individualism versus collectivism
D Long-term orientation versus short-term orientation
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