Describe likely effects of six-d model of geert hofstede

Reference no: EM132694376

Culture can be defined as: "the collective programming of the mind that distinguishes the members of one group or category of people from another" (Hofstede, 2001, p.9). According to Geert Hofstede's cultural model, societal values are affected by ecological values and influenced by external forces (trade and investment), and hence affect the business environment.

Question a) Describe the likely effects of the 6-D model of Geert Hofstede's cultural dimensions on the development of financial reporting systems within the United States versus China.

Question b) Why are the financial statements in China considered State-sensitive information, while in the U.S. they are public information?

Question c) Countries all over the world are categorized by their regulatory and political systems, emerging as either common law countries, code law countries or mixed systems. Please describe the regulatory and political systems of the United States versus China.

Attachment:- Geert.zip

Reference no: EM132694376

Questions Cloud

Critique the workforce commitment to the transition : Critique the workforce commitment to this transition and predict one major resistance you may encounter. Next, provide a mitigation intervention to downgrade.

Impacted organization as well as ethical issue : Analyze the impact of ethical issues on IT, and provide an example of an ethical issue that has impacted an organization as well as an ethical issue

Journalize entries to record current depreciation of truck : Journalize the entries to record (a) the current depreciation of the old truck to the date of trade-in and (b) the transaction on October 1

After internal security issues nearly ruined business : After internal security issues nearly ruined business, an organization is looking to hire a new chief information officer to institute a new governance

Describe likely effects of six-d model of geert hofstede : Describe the likely effects of the 6-D model of Geert Hofstede's cultural dimensions on the development of financial reporting systems

Journalize the entries to record the current depreciation : Journalize the entries to record (a) the current depreciation of the old equipment to the date of trade-in and (b) the exchange transaction on July 1

Identify a situation in the workplace : Describe a decision-making process you have undertaken that took into account the emotions of others. What was the decision and how did it impact

Calculate the same problem using the excel spreadsheet : Calculate the same problem using the Excel spreadsheet and the =FV() formula.

Define critical audit matters : In 2017, the PCAOB issued a new auditing standard to replace a portion of AS 3101. Define Critical Audit Matters (CAMs) and give examples from the present case.

User Account

All Pages