Question

Danes generally are not afraid of taking chances; they are comfortable doing things that are not carefully thought out or planned. Denmark's "flexicurity" policy combines free labor markets with adjustable welfare benefits. This is an example of the application of Hofstede's typology under the values which highlight what?

Answer 1

Uncertainty avoidance, in this case oriented to a low uncertainty avoidance

Step-by-step explanation:

Hofstede's typology refers to how the culture of a country affects the way they do businesses. In this case, the uncertainty avoidance cultural dimension refers to a culture where the people does not feel highly threatened by an open market or the existing opportunities that the economy has. In the same way the culture in general support the actions of the businesses and people who are willing to take risk.