International Business Ch.4

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25 Terms

1

Max Weber believed that Protestantism encouraged capitalism's development by emphasizing the importance of wealth creation and frugality

true

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2

Education plays an important role, from an international business prospective, as a determinant of national competitive advantage

true

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3

International businesses that are ill-informed about the practices of another culture are likely to fail

true

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4

Religion may be defined as

shared beliefs and rituals that are concerned with the realm of the sacred

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5

A caste system is a closed system of stratification in which social position is determined by the family into which the person is born

true

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6

Hofstede's concept of power distance focused on the extent to which different cultures socialized their members into tolerating uncertainty

false

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7

Hofstede's _____ dimension measured the extent to which different cultures socialized their members into accepting and tolerating ambiguity.

uncertainty avoidance

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8

The ____ is a research project spanning more than 100 countries that explores people's values and norms, how they change overtime, and what impact they have in society and business

World Values Survey

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9

People who share a common set of values and norms form a

society

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10

Culture is

not static

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11

Because of its individualistic mindset, Japanese culture is more supportive of entrepreneurial activities than American culture.

false

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12

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.

false

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13

A condition where people tend to perceive themselves in terms of their class background and this shapes their relationship with members of other classes is known as

class consciousness

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14

An antagonistic relationship between management and labor classes may result in lower costs of production

false

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15

A major difference between Buddhism and Hinduism is that unlike Hinduism, Buddhism

does not support the caste system

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16

Which of the following statements is true about the murabaha contract?

The murabaha contract is widely used among the world's Islamic banks because it is the easiest to implement

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17

Which of the following observations is correct?

The economic principles of Islam prohibits the payment or receipt of interest

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18

The ______ refers to the extent to which a culture programs its citizens to accept delayed gratification of their material, social, and emotional needs

long-term verses short term orientation dimension

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19

Hofstede's masculinity versus femininity dimension looked at the relationship between gender and work roles and found that in

masculine cultures, sex roles were sharply differentiated, traditional "masculine values" determined cultural ideals

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20

According to Geert Hofstede's study, which of the following cultural dimensions would be characterized by a greater readiness to take risks and less emotional resistance to change?

low uncertainty avoidance

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21

______ are typically defined on the basis of characteristics such as family background, occupation, and income

social strata

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22

What is ethnocentrism?

Belief in the superiority of one's own culture

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23

_____ include such factors as indictments against theft, adultery, incest, and canniballism

Mores

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24

The term social strata refers to the extent which individuals can move out of the strata into which they were born

false

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25

Individualism versus collectivism dimension of Hofstede's study explored

the relationship between the individual and his or her fellows

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