Confucian ideology promotes a long-term orientation which values perseverance and thrift that promotes more utilitarian shopping style where price, quality, and value are considered very important. In your opinions is this statement true or false? Question 8 options: a) True b) False

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question
Confucian ideology promotes a long-term orientation which values perseverance and thrift that promotes more utilitarian shopping style where price, quality, and value are considered very important. In your opinions is this statement true or false? Question 8 options: a) True b) False
Expert Solution
Step 1

Confucian ideology places a strong emphasis on the values of hard work, perseverance, and thrift, which are associated with a long-term orientation. These values are often reflected in the shopping behavior of individuals influenced by Confucianism, who tend to prioritize utilitarian considerations such as price, quality, and value over more frivolous or indulgent shopping choices.

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Ethical Leadership
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education