A culture in which inequalities are minimized and employees are empowered and encouraged to make decisions would be described as _____

a. an affiliation culture
b. an independent culture
c. a low power-distance culture
d. a high power-distance

c

Business

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Insurance that compensates for the loss or unavoidable absence of crucial employees in the firm is called ________

A) key personnel insurance B) business liability insurance C) property insurance D) business interruption insurance

Business

What would be the effect on the accounts if the owner withdrew cash?

A) An asset would be credited and an expense credited. B) Withdrawals would be debited and an asset credited. C) An asset would be debited and a revenue credited. D) An expense would be debited and Capital credited.

Business