Question 1

The emphasis on individualism results in a low degree of managerial mobility between companies.

Accepted Answer

A) True 
 B)False

Question 2

What is the difference between folkways and mores?

Accepted Answer

A)  Folkways are norms that are seen as central to the functioning of a society, whereas mores are the routine conventions of everyday life.
B)  Violating mores tends to bring more serious retribution than violating folkways.
C)  Folkways exclude rituals and symbolic behaviors included in mores.
D)  Folkways have much greater significance than mores.
E)  Mores cannot be enacted into laws, whereas folkways can.F) A) and D)
G) B) and E)

Question 3

Like Christianity and Judaism, Islam is a monotheistic religion.

Accepted Answer

A) True 
 B)False

Question 4

A major distinction between a conventional bank and an Islamic bank is that Islamic banks:

Accepted Answer

A)  are allowed to charge higher interest rates on loans.
B)  cannot accept private deposits.
C)  cannot pay or charge interest.
D)  are not subject to any form of law.
E)  are supposed to refrain from making a profit through any source.F) A) and E)
G) B) and E)

Question 5

When compared to American society, Japanese society lacks:

Accepted Answer

A)  commitment to lifetime employment.
B)  emphasis on group memberships.
C)  self-managing work teams.
D)  close cooperation between individuals.
E)  dynamism and entrepreneurship.F) B) and C)
G) D) and E)

Question 6

Which of Hofstede's dimensions focused on how a society deals with the fact that people are unequal in physical and intellectual capabilities?

Accepted Answer

A)  individualism versus collectivism
B)  power distance
C)  uncertainty avoidance
D)  masculinity versus femininity
E)  Confucian dynamismF) A) and E)
G) C) and D)

Question 7

Individuals become a member of the social category to which their parents belong.

Accepted Answer

A) True 
 B)False

Question 8

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

Accepted Answer

A)  Holding all material possessions in trust for God
B)  Renunciation of the material world
C)  Devoting life to a spiritual quest
D)  Reciprocal obligations
E)  Individual progressF) A) and E)
G) A) and B)

Question 9

The emphasis on individualism has led to the widespread diffusion of self-managing work teams within Japanese organizations.

Accepted Answer

A) True 
 B)False

Question 10

Which of the following statements is true about culture?

Accepted Answer

A)  Culture is static as it does not evolve.
B)  Multinational enterprises can themselves be engines of cultural change.
C)  The cost of doing business in a country or region is always independent of its culture.
D)  It is not possible for a country to support multiple cultures.
E)  The values and norms of a culture emerge fully formed.F) B) and C)
G) A) and E)

Question 11

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

Accepted Answer

A) True 
 B)False

Question 12

The concept of mobility between castes within an individual's lifetime makes no sense to traditional Hindus.

Accepted Answer

A) True 
 B)False

Question 13

People who cannot take food or safety for granted tend to have authoritarian tendencies, and believe that men make better political leaders than women.

Accepted Answer

A) True 
 B)False

Question 14

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

Accepted Answer

A)  A mudarabah contract is similar to a profit-sharing scheme.
B)  Under mudarabah, when an Islamic bank lends money to a business, it charges interest on the loan.
C)  It is the most widely used banking method among the world's Islamic banks, primarily because it is the easiest to implement.
D)  It has been proven that a mudarabah contract discourages both long-term savings and long-term investment.
E)  A mudarabah contract uses a price markup method to make profits.F) A) and B)
G) A) and C)

Question 15

The emphasis on individualism may make it difficult to build teams within an organization to perform collective tasks.

Accepted Answer

A) True 
 B)False

Question 16

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

Accepted Answer

A)  Both stress the afterlife and spiritual achievement rather than material progress.
B)  Both support the existence of a caste system.
C)  Both advocate the same kind of extreme ascetic behavior.
D)  Both propagate the Noble Eightfold Path as a route for transformation.
E)  Both condemn the payment or the receipt of interest on loans and deposits.F) B) and D)
G) B) and E)

Question 17

Confucianism and Confucian ethics influence behavior and shape culture in parts of Asia, hence it is correct to characterize Confucianism as a religion.

Accepted Answer

A) True 
 B)False

Question 18

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

Accepted Answer

A)  Buddhism
B)  Hinduism
C)  Christianity
D)  Islam
E)  ConfucianismF) B) and C)
G) C) and D)

Question 19

Buddhism has the highest number of adherents in the world today.

Accepted Answer

A) True 
 B)False

Question 20

Which of the following is a possible downside of emphasizing the primacy of group identification over individualism?

Accepted Answer

A)  It encourages managerial mobility between companies.
B)  It leads to a lack of dynamism and entrepreneurship.
C)  It hampers team building and cooperation.
D)  It raises the costs of doing business due to its adverse impact on managerial stability.
E)  It leads to the lack of company-specific skills and a network of contacts among managers.F) A) and B)
G) A) and C)

Exam 4: Differences in Culture

Like Christianity and Judaism, Islam is a monotheistic religion.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

What is the difference between folkways and mores?

Correct AnswerverifiedShow Answer

Buddhism has the highest number of adherents in the world today.

Correct AnswerverifiedShow Answer

The emphasis on individualism may make it difficult to build teams within an organization to perform collective tasks.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

When compared to American society, Japanese society lacks:

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Individuals become a member of the social category to which their parents belong.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

The emphasis on individualism has led to the widespread diffusion of self-managing work teams within Japanese organizations.

Correct AnswerverifiedShow Answer

Confucianism and Confucian ethics influence behavior and shape culture in parts of Asia, hence it is correct to characterize Confucianism as a religion.

Correct AnswerverifiedShow Answer

People who cannot take food or safety for granted tend to have authoritarian tendencies, and believe that men make better political leaders than women.

Correct AnswerverifiedShow Answer

Which of Hofstede's dimensions focused on how a society deals with the fact that people are unequal in physical and intellectual capabilities?

Correct AnswerverifiedShow Answer

A major distinction between a conventional bank and an Islamic bank is that Islamic banks:

Correct AnswerverifiedShow Answer

The concept of mobility between castes within an individual's lifetime makes no sense to traditional Hindus.

Correct AnswerverifiedShow Answer

Which of the following is a possible downside of emphasizing the primacy of group identification over individualism?

Correct AnswerverifiedShow Answer

The emphasis on individualism results in a low degree of managerial mobility between companies.

Correct AnswerverifiedShow Answer

Which of the following statements is true about culture?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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