Explain the term "power distance" in Hofstede's Dimensions of National Culture

What will be an ideal response?


Power distance is the extent to which the less powerful members of an organization or institution accept and expect the power to be distributed unequally.

Business

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When an account balance is not affected by an adjusting entry, the amount shown in the Trial Balance column of the work sheet is extended directly to the Adjusted Trial Balance columns

Indicate whether the statement is true or false

Business

Tiffin Company had retained earnings of $50,000 at the end of last year. For the current year, income was $20,000 and dividends $15,000 . What is the balance in retained earnings at the end of the current year?

a. $85,000 b. $45,000 c. $55,000 d. $60,000 e. none of the answers are correct

Business

Which of the following is true with regard to media publics?

A) The primary function of this group is to protect the interests of minority groups. B) This group carries news, features, and editorial opinion. C) The primary function of this group is to critique the marketing decisions of companies. D) This group includes neighborhood residents and community organizations. E) This group directly influences the company's ability to obtain funds.

Business

The ________ section of a formal business report that tells what the findings mean

A) recommendations B) introduction C) conclusions D) body

Business