In today's world of global communications, rapid transportation, and global markets, cultural differences have ceased to exist.
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Question 2
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Norms are abstract ideas about what a group believes to be good, right, and desirable.
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Question 3
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Folkways include rituals and symbolic behavior.
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Question 4
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Upon meeting a foreign business executive, a Japanese executive will hold his business card in both hands and bow while presenting the card to the foreigner. This is an example of ritual behavior.
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Question 5
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The term social strata refers to the extent to which individuals can move out of the strata into which they were born.
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Question 6
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Education plays an important role, from an international business perspective, as a determinant of national competitive advantage.
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Question 7
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Both Hindus and Buddhists stress the afterlife and spiritual achievement rather than involvement in this world.
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Question 8
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Islam is a polytheistic religion, like Christianity and Judaism.
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Question 9
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A caste system is a closed system of stratification in which social position is determined by the family into which the person is born.
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Question 10
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A class system is a rigid form of social stratification in which the position a person has by birth cannot be changed through his or her own achievements or luck.
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Question 11
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An antagonistic relationship between management and labor classes may result in lower costs of production.
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Question 12
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Max Weber believed that Protestantism encouraged capitalism's development by emphasizing the importance of wealth creation and frugality.
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Question 13
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Individualism has led to a high degree of managerial mobility between companies resulting in managers who have good general skills but lack company-specific experience.
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Question 14
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In countries where the value of group identification is considered to be primary, managers and workers are discouraged from moving from company to company.
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Question 15
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The mudarabah contract is the most widely used Islamic banking method, because it is the easiest to implement.
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Question 16
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Max Weber believed that devout Hindus would be less likely to engage in entrepreneurial activity than devout Protestants.
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Question 17
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Guanxi is an important mechanism for building long-term business relationships and getting business done in China.
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Question 18
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Hofstede's study found that in masculine cultures, sex roles were less sharply distinguished, and little differentiation was made between men and women in the same job.
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Question 19
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Hofstede's research has been criticized because it was culturally bound.
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Question 20
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Hofstede's concept of power distance focused on the extent to which different cultures socialized their members into tolerating uncertainty.