Global Business Today Study Set 7

Business

Quiz 4 :

Differences in Culture

Quiz 4 :

Differences in Culture

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Class membership in the United States is based on economic achievement rather than familial background and schooling.
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True False
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True

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Most of the ethical systems in place around the world are the product of religion.
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True False
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True

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Although upward social mobility was possible in the traditional British class system, it could not normally be achieved in one generation.
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True False
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True

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Companies that assume a high degree of class consciousness are better able to establish a competitive advantage in the global economy.
True False
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The least rigid system of social stratification is a caste system.
True False
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Under the Islamic banking method of mudarabah, when an Islamic bank lends money to a business, rather than charging that business interest on the loan, it takes a share in the profits that are derived from the investment.
True False
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A group consists of two or more individuals who have a shared sense of identity and interact in a structured way.
True False
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Children tend to become a member of the social category to which their parents belong.
True False
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The concept of mobility between castes within an individual's lifetime makes no sense to traditional Hindus.
True False
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Strong identification with the group tends to create pressures for mutual self-help and incentive to work for the common good.
True False
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In the United States, individuals who are born into a class system and are at the bottom of the social hierarchy can work their way up.
True False
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The group is the typical unit of social organization found in non-Westernized societies.
True False
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There is universal consensus on the definition of culture.
True False
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Max Weber argued that the Catholic promise of salvation in the next world, rather than this world, fostered "a spirit of capitalism."
True False
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When a murabaha contract is used in Islamic banking, a company essentially pays the bank to purchase equipment, supplies, and other needs on behalf of the company.
True False
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Rituals and symbols are the most visible manifestations of a culture and constitute the outward expression of deeper values.
True False
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Confucianism and Confucian ethics influence behavior and shape culture in parts of Asia; therefore, it is correct to characterize Confucianism as a religion.
True False
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An emphasis on collectivism may make it difficult to build teams within an organization to perform collective tasks.
True False
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While folkways are routine conventions, they represent deep moral significance in society.
True False
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While well-known to many, Islam has one of the smallest followings of all religions.
True False
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