Question

According to geert hofstede, who has spent a lifetime studying differences in cultures, the chinese have a long-term orientation, meaning they are patient savers and are willing to forgo things today, for a better future. americans typically have a short-term orientation. they prefer more instant gratification and are not as willing to save for the future. this difference in values between the chinese and americans is a _____________ attribute that may represent a challenge in future global trade.

Answer 1

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Below are the choices that can be found from other sources;

sociocultural
economic
physical
legal and regulatory

Sociocultural challenges include differences in religion, attitude, personal communication, manners and customs