Primarily Hofstede developed this cultural model based on differences in values and beliefs regarding work goals.
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What are the Six dimensions of Hofstede's Culture?</h3>
The followings are the 6 cultural dimensions of Geert Hofstede are:
- Power Distance Index
- Individualism Vs Collectivism
- Masculinity Vs Femininity
- Uncertainty Avoidance Index
- Long Vs Short Term Orientation
- Indulgence Vs Restraint
Thus, Hofstede developed many cultural dimensions out of them. We have all already discussed the 6 dimensions of culture.
Learn more about Hofstede's Culture here:
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Answer: Full answer in explanation below.
Explanation:
a. The price of dairy cow fodder increases.
Because the cow fodder increases, this will cause the overall cost to make ice cream to increase. This will thus increase the equilibrium price of ice cream. Supply will decrease, and quantity will decrease because it's more expensive to produce ice cream.
b. The price of beef decreases.
Cows can be used for dairy products or to make beef. In this case farmers are making dairy poducts instead of meat. Therefore supply of ice cream will increase quantity will increase leading to a decrease in equilibrium price.
c. Concerns arise about the fat content of ice cream. SImultaneously, the price of sugar (used to produce ice cream) increases.
The concern about the fat content will lead to a decrease in the demand for ice cream. On the other hand, an increase in the price of sugar will lead to an increase in the cost of making ice cream. Less ice cream will be produced as a result. A simultaneous decrease in both supply and demand exists. This makes the price indeterminable.
Answer:
b). Positive
Explanation:
The nature of the balance of trade if imports are of manufactured goods is POSITIVE
Considering that Balance of trade is a term that is used to describe the difference between the imports and exports value of a country over a given period.
Hence, when a country manufactured goods instead of importing them, the balance of trade is believed to be Positive.
On the other hand, when a country imports goods instead of manufacturing them, the balance of trade is believed to be negative.
Wow! Ann's loan for 12,000$ with an annual interest rate of 5.65% for one year is 2,124. Multiply the 2,124$ annual interest rate time 4 years and the total annual interest rate would be 8,496$!
Add that to the cost of the loan
12,000 + 8496 = $20,496.00 US dollars is the total cost of the loan if no late payments are made that would accrue an additional monetary fine or penalty that would be added to the totality of the loan anually and increase the entire amount substantially.
Answer: Large territory, fertile farmlands, huge oil reserves, large population.
Explanation: The United States has one of the largest land mass in the world with a size of more than 9800km^2 most of this land area are of huge economic importance in the areas of : Tourism, farming, fishing, oil exploration, and housing.
Also the United States has a very large human population which serve as a huge market to producers, and also high work force for manufacturing.