Final answer:
The statement is false; businesses in societies characterized by high uncertainty avoidance typically discourage risk-taking and promote cautious decision making among managers.
Step-by-step explanation:
Businesses based in societies characterized by high uncertainty avoidance tend to create environments where managers are discouraged from taking risks and are more likely to engage in thorough planning before making a decision. High uncertainty avoidance cultures emphasize job security, strict rules and policies, and a preference for avoiding ambiguity, which generally leads to a more risk-averse management style.
In contrast, within cultures with low uncertainty avoidance, businesses often encourage risk-taking and more rapid decision making. But this is not the norm in high uncertainty avoidance societies. Therefore, the statement that businesses in high uncertainty avoidance societies encourage managers to take risks and make quick decisions is False.
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