Cultural Theories - Geert Hofstede's Five Dimensions of Culture Flashcards

1
Q

Power Distance

A

The distribution of power between leaders and employees.

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2
Q

Uncertainty Avoidance

A

A company’s tolerance for ambiguity.

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3
Q

Individualism vs. Collectivism

A

The value a company places on autonomy vs. collaboration.

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4
Q

Long-term vs. Short-term Orientation

A

Refers to a company’s perspective on change management: if the company has a long-term orientation, they believe that the world is constantly changing and they must plan for change; if the company has a short-term orientation, they believe that the tradition should be respected so there is no reason to plan for too much change.

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5
Q

Indulgence vs. Restraint

A

A company’s propensity to immediate gratification or adherence to established standards of behavior.

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