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m_a_m_a [10]
3 years ago
11

According to Hofstede, the extent to which subordinates accept a hierarchical system in a company is known as _______

Business
1 answer:
Pachacha [2.7K]3 years ago
3 0

Answer:

According to Hofstede, the extent to which subordinates accept a hierarchical system in a company is known as Power Distance.

Explanation:

Hofstede basically discussed culture and investigated it and came up six different dimensions which a culture can have. Power distance is the dimension of the culture where people follow certain systems and hierarchies of the culture. If in a culture power distance will be higher then the people will be much divided in the castes based on the power, authority and money, like if in an organisation, power distance is higher, then the workers will tend to follow and obey hierarchy very strictly, and there will be much support from the top-level management, decisions will be made fro the top even without taking lower level employees into account. However, if the power distance is low, then there will be frequent sharing of idea, thoughts and support which is the main characteristics of the creative and innovative organisations.

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4 0
3 years ago
The nominal exchange rate is A. the difference between the interest rate in one country and the interest rate in another country
Veronika [31]

Answer:

Option (B) is correct.

Explanation:

The nominal exchange rate refers to the rate at which there is a buying and selling of goods and services among the countries. It is the amount of home currency that are needed to purchase a unit of foreign currency.

For example: A resident of India would need 75 Indian rupees to purchase a dollar of United States. Therefore, the nominal exchange rate between the India and the United States is as follows:

1 US dollar = Rs. 75

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3 years ago
When evaluating the six-step decision-making process, what occurs during the solution implementation step? the process will begi
worty [1.4K]

The answer is the solution that best solves the problem is selected.

During the solution implementation step you should already have determined which solution you would apply to solve the problem that you encounter. By determining which solution to implement, you are on your way to solving the problem that requires your decision-making. If the solution proves to be unsuitable later on, you can refine it later on.

6 0
3 years ago
If a firm is worried about distance, country risk, employee morale, intellectual property protection, legal issues, and obtainin
kvasek [131]

Options:

Offshore

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Keep in-house

Keep domestic

Answer: keep domestic

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6 0
3 years ago
Steve has estimated the cash inflows and outflows for his dental firm for next year. The report that he has prepared summarizing
natulia [17]

Answer:

C. cash budget.

Explanation:

As we know that

The cash budget refers to the inflow and outflow of cash in which inflow refers to the receipts of the service rendered while the outflow could be in terms of purchase of long term assets in cash, expenses incurred in cash, etc

So while estimated the cash inflows and cash outflows, the cash budget is to prepared so that the firm get to know its cash position

6 0
3 years ago
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