International business (quiz 4)

Which of the following is true about the Islamic banking method the mudarabah?

A mudarabah contract is similar to a profit-sharing scheme.

Mountland Republic follows a system of social stratification that allows for flexibility in terms of social mobility. In this system of open stratification the status of a person is solely determined by his or her own socioeconomic achievements. Mountland Republic is most likely to be following what type of system of social stratification?

Class

According to Hofstede, in societies where which of the following was emphasized, ties between individuals were tight.

Collectivism

A difference in the attitudes of people toward time in different cultures is an example of which of the following in individual cultures?

Folkways

Who initially isolated four dimensions—power distance, uncertainty avoidance, individualism versus collectivism, and masculinity versus femininity—that he claimed summarized different cultures?

Geert Hofstede

Max Weber argued that the ascetic principles embedded in which of the following do not encourage entrepreneurial activity in pursuit of wealth creation because it is perceived that such activities make the attainment of nirvana more difficult?

Hinduism

Which of the following religions does not owe its founding to any one particular individual?

Hinduism

Many of which of the following believe that the way to achieve nirvana—a state of complete spiritual perfection—is to lead a severe ascetic lifestyle of material and physical self-denial, devoting life to a spiritual rather than material quest?

Hindus

Which of the following is a dimension of social structure that is particularly important when explaining differences between cultures?

The degree to which the society is stratified into classes or castes

What is the difference between folkways and mores?

Violating mores tends to bring more serious retribution than violating folkways.

The recent trend to outsource information technology jobs to countries such as India indicates that:

a good education system is a determinant of national competitive advantage.

In a social context, the term values is used to describe the:

abstract ideas about what a group believes to be good, right, and desirable.

Hofstede's fifth dimension of Confucian dynamism captures:

attitudes toward time, persistence, ordering by status, protection of face, respect for tradition, and reciprocation of gifts and favors.

In the country of Burnada, the citizens are restricted from moving out of the strata they are born into. Also, individuals are allowed to engage only in the occupation associated with their particular strata. The system of social stratification being practiced in Burnada can be identified as a:

caste system

When compared to American society, Japanese society lacks

dynamism and entrepreneurship

According to Max Weber, Protestantism encouraged capitalism's development by:

emphasizing the importance of hard work and wealth creation for the glory of God and frugality.

Which of the following Confucian ethics is central to the Chinese concept of guanxi?

Reciprocal obligations

What is the common aspect of teachings of Hinduism and Buddhism?

Both stress the afterlife and spiritual achievement rather than material progress.

Which of the following was founded in India in the sixth century B.C. by Siddhartha Gautama, an Indian prince who renounced his wealth to pursue an ascetic lifestyle and spiritual perfection?

Buddhism

Mr. X finds it hard to dine with his American colleagues as his religion prohibits the consumption of pork and alcohol. He also quit his previous job in a bank because his religion considers the payment or receipt of interest as exploitative and unjust. According to this information, Mr. X is a follower of:

Islam

Which of the following statements is true of Islam?

Islam forbids the consumption of pork and alcohol.

Which of the following statements best defines personal space?

It is the comfortable amount of distance between you and someone you are talking with.

Which of the following is an implication of high degree of managerial mobility in societies that emphasize individualism?

Lack of company-specific experience, knowledge, and a network of contacts among managers

Which of the following statements is true with regard to Geert Hofstede's cultural dimensions?

Members of high uncertainty avoidance cultures had a strong need for rules and regulations.

Which of the following statements is true about most Western societies?

The value systems of many Western societies emphasize individual achievement.