Multinational Corporate Strategies
Hofstede's Dimensions refer to a framework developed by Geert Hofstede that identifies six key dimensions of culture, which help explain how cultural differences influence behaviors in various contexts, particularly in international business. These dimensions include Power Distance, Individualism vs. Collectivism, Masculinity vs. Femininity, Uncertainty Avoidance, Long-Term vs. Short-Term Orientation, and Indulgence vs. Restraint. Understanding these dimensions is essential for effectively navigating cultural differences in communication, negotiation, and risk management.
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