This framework is used to understand the difference in cultures across countries and to discern the ways that business is done across different cultures. It helps to distinguish among different national cultures, the dimensions of cultures and the impact on business. Hofstede has defined six categories that define culture: 1. Power Distance Index 2. Collectivism vs Individualism 3. Uncertainty Avoidance Index 4. Femininity vs Masculinity 5. Short – term orientation vs Long - term Orientation 6. Restraint vs Indulgence 1. Power Distance : - The degree people are comfortable with influencing upwards. Accept inequality in distribution of power. High power distance index indicates about the culture which power difference and accepts inequality, it shows high respect for authority and rank, also encourages bureaucracy. Low power distance index reflects about the culture which encouraged flat and decentralized organizational structure. Emphasized on p
We all need bold, compassionate and dynamic leader like Jacinda Ardern: 40th Prime Minister of New Zealand, the 3rd woman to hold that title and the youngest female Prime Minister. She captured so many headlines this year because the way she is handling covid-19 crises which made her more popular both in and outside of the country. Since May 23, 2020 no new case had been reported and no patient is in hospital due to covid-19, as of Jun 1, 2020. New Zealand has among the lowest cases per capita in the world. With the population closed to 48.2 lac and healthcare system she has amazed everyone during the pandemic. On 23 March, 2020 Ardern announced a nationwide strict lockdown, which was one of the strictest lockdowns, when just over 100 cases of the coronavirus had been tested positive and no one had died from it, the decision was very quick and stringent which included closing all non-essential workplaces, offices, bars, restaurants, online delivery system along with educational instit