Briefly describe Hofstede's taxonomy of cross-cultural diversity. To what extent do you believe Hofstede's taxonomy accurately describes the national culture that you were raised in?

Brief Theory Review There four dimensions are include in the Hofstede's studies (Hill, 2003). <Tab/>Power distance In one country, high power distance cultures could let inequalities grow over time into inequalities of power and wealth. By contrast, lower power distance tried to play down such inequalities in society as much as possible. <Tab/>The individualism versus collectivism It focuses on the degree the society reinforces individual or …

…Chinese business or social environment, it could be doubted in some fields in this new emerging market. References Hill, C, W, L.(2003). International Business: Competing in the global marketplace (4th ed.). The McGraw-Hill Companies, Inc. New York. Hofstede, G.. (1994). The Business of International Business is Culture. International Business Review. Vol 3, No1.1-14.1994. Elsevier Science Ltd. UK. Retrieved March 17, 2005, from EBSCOhost database. Hofstede, G. (2003). APA style: Electronic references. Retrieved March 17, 2005, from http://Geert-Hofstede. International-business-center.com/ index.