Wednesday, December 2, 2015

Uncertainty Avoidance

As the name suggests, this stage of the model helps managers have a better understanding as to how certain countries handle risk. The way that the Hofsted Model gauges this is with what is known as an uncertainty avoidance score. Each country has an uncertainty avoidance score and depending on how high or low that score is, determines that country's stance on risk. To give an example of this, Countries such as China and Sweden have a low uncertainty avoidance score and thus are more accepting to risk, while other countries such as Greece or Poland have a high uncertainty avoidance score, and thus are less accepting to risk. More detailed info can be found at this site: http://www.clearlycultural.com/geert-hofstede-cultural-dimensions/uncertainty-avoidance-index/

You can learn more about uncertainty avoidance from the video link below:

http://study.com/academy/lesson/hofstedes-uncertainty-avoidance-index-definition-example-cultures.html



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