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According to the passage, what is one thing Greeks need to do to become more economically competitive?

• Increase government regulations

• Embrace innovation

• Reduce trade with other countries

• Focus only on traditional industries

What does Hofstede’s “uncertainty-avoidance” dimension measure?

• a) How much people enjoy working in groups

• b) How comfortable people are with uncertainty and risk

• c) How strict a country’s legal system is

• d) How wealthy a country is

Which of the following countries ranks low on Hofstede’s uncertainty-avoidance scale?

• a) Greece

• b) Portugal

• c) Sweden

• d) Italy

According to the presentation, why do people in high uncertainty-avoidance countries accept more regulations?

• a) They believe rules create a sense of order and stability

• b) They enjoy filling out paperwork

• c) They do not trust their governments

• d) They want to avoid working in teams

How does high uncertainty avoidance affect entrepreneurship in Greece?

• a) It encourages people to start innovative businesses

• b) It discourages people from taking risks with new business ideas

• c) It has no impact on entrepreneurship

• d) It helps businesses grow faster