Long-term Orientation: The long term orientation of Taiwan is very high which means that people tend to think more about the long term impacts or situations that may occur. It also means that they are excellent in adapting themselves to the changing world in terms of culture and traditions (HOFSTEDE Center, 2013). Taiwan has modernized quite fast in recent years, which is also possible because of their value on having savings and investments. Therefore they will usually save in order to have enough to support their family and relatives with very little thought of themselves.