Business

Which of the following statements is true about Buddhism? A. Buddhism

QUESTION Which of the following statements is true about Buddhism? A. Buddhism was founded in the fifth century B.C. by K’ung-Fu-tzu, in China. B. The emphasis on wealth creation that is embedded in Protestantism is not found in Buddhism. C. Buddhism advocates the kind of extreme ascetic behavior that is encouraged by Hinduism. D. Like […]

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Date: September 3rd, 2020

Muslim countries are likely to be receptive to international businesse

QUESTION Muslim countries are likely to be receptive to international businesses as long as those businesses: A. behave in a manner that is consistent with Islamic ethics. B. do not hold affiliations with supranational organizations like the WTO or IMF. C. adopt western ideologies of doing business. D. generate income in the form of interest […]

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Date: September 3rd, 2020

The rise of Islamic fundamentalism is, in part, a response to the: A.

QUESTION The rise of Islamic fundamentalism is, in part, a response to the: A. denial of equal rights for women and other minorities. B. movement in traditional Islamic societies toward modernization. C. narrowing gap between the rich and the poor. D. increasing standard of living in Islamic societies. E. widening gap between the highly developed […]

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Date: September 3rd, 2020

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

QUESTION What is the common aspect of the teachings of Hinduism and Buddhism? 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 […]

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Date: September 3rd, 2020

Which of the following statements is true of Islam? A. Islam has root

QUESTION Which of the following statements is true of Islam? A. Islam has roots in Confucianism. B. Islamic ethics support worldly gain and temporal power. C. Islam forbids the consumption of pork and alcohol. D. Islam makes a clear distinction between church and state. E. Unlike Christianity and Judaism, Islam is not a monotheistic religion. […]

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Date: September 3rd, 2020

A major distinction between a conventional bank and an Islamic bank is

QUESTION A major distinction between a conventional bank and an Islamic bank is that Islamic banks: 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 […]

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Date: September 3rd, 2020

Mudarabah and the murabaha are: A. Islamic banking methods. B. Arabi

QUESTION Mudarabah and the murabaha are: A. Islamic banking methods. B. Arabic words for interest and profit, respectively. C. banking practices that are prohibited by Islam. D. laws governing international trade and commerce in Islamic countries. E. laws limiting the right to private property.   ANSWER A

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Date: September 3rd, 2020