BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Individualism refers to the degree to which a society focuses on the relationship of the individual to the group. Collectivism refers to the degree to which a society focuses on the relationship of the group as a whole.

Detailed explanation-2: -Individualism (IDV) focuses on the degree to which the society reinforces individual or collective, achievement and interpersonal relationships. A high Individualism ranking indicates that individuality and individual rights are paramount within the society.

Detailed explanation-3: -Individualism-Collectivism In an individualist society, there is an expectation that individuals look after themselves and connections between individuals are loose; while in a collectivist society, individuals are integrated into strong, cohesive groups, which may often involve extended family.

Detailed explanation-4: -Following Hofstede, the Global Leadership and Organizational Behavior Effectiveness (GLOBE) project defined “power distance” as “the degree to which members of an organization or society expect and agree that power should be shared unequally".

Detailed explanation-5: -Hofstede’s individualism-collectivism dimension measures the degree to which people tend to be integrated into groups. The United States and Canada are small power distance countries because they expect a level playing field, socially, at least at the ideal level. Hofstede’s framework is based on social science theory.