Question

What are the three indices used in Hofstede's model?

1) IDV Index, UAI Index, and PDI Index
2) Power Index, Individualism Index, and Uncertainty Index
3) HDI Index, GDP Index, and CPI Index
4) Gini Index, Corruption Index, and Inflation Index

Answer 1

The three indices used in Hofstede's model are IDV (Individualism versus Collectivism) Index, UAI (Uncertainty Avoidance) Index, and PDI (Power Distance) Index.

Step-by-step explanation:

The three indices used in Hofstede's model are:

1. IDV (Individualism versus Collectivism) Index: This index measures the degree to which individuals in a society prioritize their own interests versus the interests of the group. A high IDV score indicates a more individualistic society, while a low score indicates a more collectivistic society.
2. UAI (Uncertainty Avoidance) Index: This index measures how comfortable a society is with uncertainty and ambiguity. A high UAI score indicates a society that is more resistant to change and prefers clear rules and structures, while a low score indicates a society that is more open to change and tolerates ambiguity.
3. PDI (Power Distance) Index: This index measures the degree to which power is distributed unequally in a society. A high PDI score indicates a society where power is concentrated in a few individuals or groups, while a low score indicates a society with more equal power distribution.