Answered: Hofstede's dimensions must be included…

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

Related questions

Question

Discuss China-Shenzhen seafood. Using "Country Analysis Brief: China" Hofstede's dimensions must be included as part of the analysis

Expert Solution

Introduction

Hofstede's Dimension:-

Hofstede's carried out research amongst over 100,000 employees working around the world for IBM.
Attempting to categories cultures of different nationalities working at IBM.
Hofstede has extended the six categories based on his latest research.

Hofstede Six Dimensions:-

Individualism Verses Collectivism ( Some societies value the performance of individual while others value the performance of team).
Power Distance (This considered the extent to which inequality is tolerated and whether there is a strong sense of position and status).
Masculinity Verses Femininity (Masculine approach called fact-based and aggressive style decision making, while feminine involved consultation and intuitive analysis)
Uncertainty avoidance (This category essentially considers the different attitudes to risk-taking between countries).
Long term orientation(This emphases national cultures have on the time horizons for business planning ,objectives and performance)
Indulgence Verses Restraint (indulgence stands for a society that allows relatively free gratification of basic and natural human drives and having fun, restraint stands for a society that suppress gratification of needs and regulates it by means of strict social norms).