If most catastrophes in business occurs because of a series of small problems. Introduction: A catastrophe is usually a large damage or a sudden damage, in an organizations perspective catastrophe could be when the business does not give attention to cashflow interruptions. This could eventually disrupt the entire operations. This is due to the lack of attention given to the series of small issues such as less attention given into outgoings and incomings of cash.

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Geert Hofstede's cultural dimensions theory is a framework for cross-cultural communication, which describes the effects of a society's culture on the values of its members, and how these values relate to behavior. The four dimensions that Hofstede identified are: power distance, uncertainty avoidance, masculinity vs. femininity, and individualism vs. collectivism. According to Hofstede's research, the Philippines scores high on the Power Distance Index (PDI), which means that the society accepts an unequal distribution of power and people understand their place in the system. The Uncertainty Avoidance Index (UAI) is also high, indicating that the society does not tolerate uncertainty and ambiguity, and tries to minimize the possibility of such situations by strict laws and rules, safety and security measures. The country scores low on the Individualism (IDV) dimension, which means that the society is Collectivist as compared to Individualist. This is manifest in a close…

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Chapter 6, Problem 7DQ

Summary Introduction

To determine:

If most catastrophes in business occurs because of a series of small problems.

Introduction:

A catastrophe is usually a large damage or a sudden damage, in an organizations perspective catastrophe could be when the business does not give attention to cashflow interruptions. This could eventually disrupt the entire operations. This is due to the lack of attention given to the series of small issues such as less attention given into outgoings and incomings of cash.

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Geert Hofstede's cultural dimensions theory is a framework for cross-cultural communication, which describes the effects of a society's culture on the values of its members, and how these values relate to behavior. The four dimensions that Hofstede identified are: power distance, uncertainty avoidance, masculinity vs. femininity, and individualism vs. collectivism. According to Hofstede's research, the Philippines scores high on the Power Distance Index (PDI), which means that the society accepts an unequal distribution of power and people understand their place in the system. The Uncertainty Avoidance Index (UAI) is also high, indicating that the society does not tolerate uncertainty and ambiguity, and tries to minimize the possibility of such situations by strict laws and rules, safety and security measures. The country scores low on the Individualism (IDV) dimension, which means that the society is Collectivist as compared to Individualist. This is manifest in a close…

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