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GuDViN [60]
3 years ago
9

Hofstede isolated four dimensions that he claimed characterized the cultures of different countries. Briefly describe each of hi

s four dimensions. Should Hofstede's dimensions be used by managers to determine how cultures differ and what that might mean for management practices?
Business
1 answer:
Airida [17]3 years ago
6 0

Answer:

His four dimension are power distance, individualism vs collectivism, uncertainty avoidance, and masculinity vs femininity.

Explanation:

  • The theory of the cultural dimensions given by the Hofstede expresses the cross-culture communication that takes place within the organization and they are associated with the values on the society.  As cultures differs managerial practices also change.
  • The power distance is the first dimension which states that the members arrange themselves in a hierarchy and those who are less powerful are in a society of acceptance and Uncertainty avoidance is the dimension that describes the extent to which the society is at ease with the risks.
  • Individualism and collectivism state that society that is more individual and tends to be self-oriented and takes actions as compared to the actions that are taken in the groups and collective efforts.
  • The ideas of masculinity as make dominated achievements and heroism as opposite to the modesty and honesty of feminism in western nations rather than in eastern nations.
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Pensacola Inc. exchanged old equipment for new equipment in two exchange transactions. Each transaction has commercial substance
gayaneshka [121]

Answer:

$69,300

Explanation:

The computation of the amount of the new equipment for equipment A is shown below;

Since the transaction has the commercial substance and also the cash is received

So, the amount of the new equipment is

= Fair value - cash received

= $81,100 - $11,800

= $69,300

Hence, the amount of the new equipment is $69,300

7 0
3 years ago
Which financing option has the highest overall costs?
katrin2010 [14]

<u>Equity financing has the highest overall cost. </u>

Further Explanation:

The financing options that are available to the company are equity and debt. Equity  Financing refers to the issue of equity shares to the public. Debt refers to the loan taken by the company from the public or any financial institutions. The equity shareholders have the right to vote in general meetings while the debt holder does not have any such rights.

The equity shareholders are also entitled to receive dividends while debt holders are entitled to receive the interest regardless of whether the company is having a profit or not. The interest paid to debt-holders is deducted from the net profit before any tax is charged. The interest reduces the taxable income while the dividend is calculated on net profit after tax. Thus, the cost of using debt finance is lower as the amount which is paid as the interest is charged against the tax.

<u>Therefore, Equity financing involves a higher cost than Debt financing. </u>

Learn more:

1. Learn more about raising the equity

brainly.com/question/7854996

2. Learn more about the problem related to equity theory

brainly.com/question/3771927

3. Learn more about the short-term financial goals

brainly.com/question/2451748

Answer details:

Grade: Senior School

Subject: Financial Management  

Chapter: Cost of Capital

Keywords: Equity financing, the highest overall cost, debt financing, financing options, capital, business, shareholder’s fund, loan, financial management, raise, issue.

4 0
3 years ago
Read 2 more answers
What is the main advantage of an electronic database
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Advantages<span> of EDP. </span>Electronic<span> Data Processing (EDP) is the digital management of </span>databases<span>, typically stored on a shared server and allow simultaneous access to all parties. There are several distinct </span>advantages<span> to employing EDP: Speed</span>
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4 years ago
Kristen's financial advisor has given her a list of potential investments and has asked her to select and rank her favorite. in
cestrela7 [59]

Kristen's monetary marketing consultant has given her a list of potential investments and has requested her to pick and rank her favored in 1680 extraordinary ways Kristen can rank the 4 investments.

Variety of ways that we will select four investments out of 8 investments is the same as C(8, four) = 70 [Without order]

Now those four investments can be organized in 4! = 24 distinct ways

for this reason, total variety of ways = 70×24 = 1680

There are 1680 one-of-a-kind approaches Kristen can rank the four investments.

Potential investments means a capability investment which we're considering making to a Borrower the important thing facts and records on which can be proven on each Lender's Dashboard and on which each Lender may additionally post a Bid. Payback length is the simplest approach to evaluating an investment. It measures the period of time funding takes to pay for itself by dividing the cost of the funding by the yearly cash flows generated by means of the funding.

investment definition is an asset acquired or invested in to build wealth and keep money from the difficult earned profits or appreciation. investment which means broadly speaking to gain an extra supply of earnings or gain benefit from the investment over a selected period of time.

Learn more about Potential investments here: brainly.com/question/11514232

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6 0
2 years ago
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Norma-Jean [14]

Answer:

Explanation:

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