Uncertainty avoidance is defined as _____.
Fill in the blank(s) with the appropriate word(s).
Answer: how much a society relies on social norms and procedures to make future events more predictable
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The regulator's objective with respect to insurance rates is to ensure that rates are:
A) understood by consumers and affordable for most consumers B) equal for all applicants, adequate, and minimally discriminatory C) fair, adequate and not unfairly discriminatory D) fair, not excessive, and affordable
Disadvantages of ________ include losing control over a company because compromise with the partner is inevitable and the risk of losing proprietary technology in the event of dissolution of the partnership
A) contract manufacturing arrangements B) joint ventures C) wholly owned subsidiaries D) export agreements E) franchises