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Long-term orientation vs. short-term orientation (LTO): This dimension associates the connection of the past with the current and future actions/challenges. A lower degree of this index (short-term) indicates that traditions are honored and kept, while steadfastness is valued. Societies with a high degree in this index (long-term) view ...
Long-term orientation vs. short-term orientation (LTO), a Geert Hofstede's cultural dimension that associates the connection of the past with the current and future actions/challenges Other uses [ edit ]
In behavioral economics, time preference (or time discounting, [1] delay discounting, temporal discounting, [2] long-term orientation [3]) is the current relative valuation placed on receiving a good at an earlier date compared with receiving it at a later date. [1] Applications for these preferences include finance, health, climate change.
Here he described national cultures along six dimensions: Power Distance, Individualism, Uncertainty avoidance, Masculinity, Long Term Orientation, and Indulgence vs. restraint. He was known for his books Culture's Consequences and Cultures and Organizations: Software of the Mind , co-authored with his son Gert Jan Hofstede.
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Later research led to the discovery of a fifth and sixth dimension. Chinese sociologists [citation needed] identified long term/short term orientation as the fifth and a replica of Hofstede's study identified the sixth: indulgence/restraint. These dimensions were described in his popular work, "Culture's Consequences."
The test can be used to measure both short-term and long-term spatial memory, depending on the length of time between test and recall. The test was created by Canadian neuropsychologist Phillip Corsi, who modeled it after Hebb's digit span task by replacing the numerical test items with spatial ones.
With the onboarding process, there can be short term and long-term outcomes. Short term outcomes include self-efficacy, role clarity, and social integration. Self-efficacy is the confidence a new employee has when going into a new job. Role clarity is the expectation and knowledge they have about the position.
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