Entrepreneurial Characteristics Quiz
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Questions and Answers

Which cultural dimension in Hofstede's framework deals with the extent to which people in a society feel threatened by ambiguous situations?

  • Power Distance
  • Individualism/Collectivism
  • Uncertainty Avoidance (correct)
  • Masculinity/Femininity

    • What is the primary focus of modernization models of economic development?

  • Promoting self-interest and money motivation (correct)
  • Emphasizing cultural dimensions
  • Encouraging dependency on developed nations
  • Maintaining traditional societies

    • What distinguishes the Contingency model of economic development from Modernization and Dependency models?

  • It emphasizes interaction between peoples and the global economy. (correct)
  • It promotes a dependence on multinational corporations.
  • It disregards the importance of the global economy.
  • It advocates for development as defined by the developed world.

    • Which term refers to the programs, policies, or activities aimed at improving the economic well-being and quality of life for a community?

    <p>Economic Development</p> Signup and view all the answers

    In what way are Multinational Corporations viewed according to the Dependency model?

    <p>As colonists or exploiters of resources</p> Signup and view all the answers

    Which aspect of culture does Masculinity/Femininity in Hofstede's framework primarily describe?

    <p>The degree of assertiveness and competitiveness</p> Signup and view all the answers

    What is a key characteristic of societies with high Uncertainty Avoidance?

    <p>Desire for clear rules and structured conditions</p> Signup and view all the answers

    How does the Contingency model differ from the Modernization model regarding defining development?

    <p>'Development' is not dictated by developed nations.</p> Signup and view all the answers

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