8 Questions
Which cultural dimension in Hofstede's framework deals with the extent to which people in a society feel threatened by ambiguous situations?
Uncertainty Avoidance
What is the primary focus of modernization models of economic development?
Promoting self-interest and money motivation
What distinguishes the Contingency model of economic development from Modernization and Dependency models?
It emphasizes interaction between peoples and the global economy.
Which term refers to the programs, policies, or activities aimed at improving the economic well-being and quality of life for a community?
Economic Development
In what way are Multinational Corporations viewed according to the Dependency model?
As colonists or exploiters of resources
Which aspect of culture does Masculinity/Femininity in Hofstede's framework primarily describe?
The degree of assertiveness and competitiveness
What is a key characteristic of societies with high Uncertainty Avoidance?
Desire for clear rules and structured conditions
How does the Contingency model differ from the Modernization model regarding defining development?
'Development' is not dictated by developed nations.
Test your knowledge on the characteristics of entrepreneurs based on the composite picture outlined by Minniti, Bygrace, and Autio (2006). Explore factors such as location, motivation, product offerings, growth potential, age, gender, and education level.
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