IBUS 3001 - Quiz 5 (Differences in Culture)

true (1)

(1) true or false: 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.

true (2)

(2) true or false: Culture can influence a nation's competitive advantage: For example, it has been argued that Japanese culture is less supportive of entrepreneurial activity than American culture.

true (3)

(3) true or false: According to Max Weber, Protestantism encouraged capitalism's development by emphasizing the importance of wealth creation and frugality.

false (4)

(4) true or false: Values are social rules and guidelines that prescribe appropriate behavior in particular situations.

true (5)

(5) true or false: 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.

society

A community of people who share a common culture

power distance

_____ is "the extent to which less powerful members of institutions and organizations power is distributed unequally".

values

_____ is/are best defined as shared assumptions about how things ought to be.

class system

____________ is a less rigid form of social stratification, compared to a caste system.

norms

Social rules and guidelines that prescribe appropriate behavior in particular situations are best described as:

trustees

According to Islam, those who hold property are regarded as