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There is a wide scale on where specific cultures fall under the uncertainty avoidance. Three types of uncertainty avoidance are high, low, and moderate uncertainty avoidance. Hofstede's uncertainty avoidance scale shows the want to reduce any visible uncertainty that is placed in the life of a person. [5]
Uncertainty avoidance (UAI): The uncertainty avoidance index is defined as "a society's tolerance for ambiguity", in which people embrace or avert an event of something unexpected, unknown, or away from the status quo. Societies that score a high degree in this index opt for stiff codes of behavior, guidelines, laws, and generally rely on ...
People with high power distance backgrounds perceive most of the issues as rightful inequality, and are reluctant to get themselves involved with "troubles", and usually ignore them. Conversely, low power distance societies are intolerant with unfairness and are more likely to make an effort in eliminating dissonance in every possibility. [41]
Geert Hofstede was a social psychologist who founded the theory of cultural dimension. In his theory, there are five dimensions that aim to measure differences between different cultures. The five dimensions are power distance, uncertainty avoidance, individualism versus collectivism, masculinity versus femininity, and Chronemics. [4]
The index is now up 11.7% year to date, up 19.9% from its Oct. 12 closing low of 3,577.03, and down 10.6% from its Jan. 3, 2022, record closing high of 4,796.56. ... When uncertainty is high, it ...
This is likely due to differences in uncertainty avoidance, or "the need for rule-governed behavior and clearly defined procedures". Standard operating procedures are more easily accepted in high uncertainty avoidance cultures, such as Greece, Switzerland, Korea, and some Latin American cultures.
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