QUESTION According to Max Weber, Protestant ethics discouraged the development of capitalism. Indicate whether the statement is true or false. ANSWER FALSE Max Weber theorized that there was a relationship between Protestantism and the emergence of modern capitalism. He argued that Protestant ethics emphasize the importance of hard work and wealth creation (for the […]
QUESTION Buddhism has the highest number of adherents in the world today. Indicate whether the statement is true or false. ANSWER FALSE Among the thousands of religions in the world today, four dominate in terms of numbers of adherents: Christianity with roughly 1.9 billion adherents, Islam with around 1.2 billion adherents, Hinduism with 750 […]
QUESTION The emphasis on individualism may make it difficult to build teams within an organization to perform collective tasks. Indicate whether the statement is true or false. ANSWER TRUE Strong identification with the group is argued to create pressures for mutual self-help and collective action. Thus emphasis on individualism may make it difficult to […]
QUESTION Max Weber argued that the Catholic promise of salvation in the next world, rather than this world, fostered “a spirit of capitalism.” Indicate whether the statement is true or false. ANSWER FALSE Weber theorized that there was a relationship between Protestantism and the emergence of modern capitalism. He argued that Protestant ethics emphasize […]
QUESTION The emphasis on individualism has led to the widespread diffusion of self-managing work teams within Japanese organizations. Indicate whether the statement is true or false. ANSWER FALSE The success of Japanese enterprises in the global economy has been based partly on their ability to achieve close cooperation between individuals within a company and […]
QUESTION Max Weber argued that the ascetic principles embedded in Hinduism encourage the kind of entrepreneurial activity in pursuit of wealth creation that we find in Protestantism. Indicate whether the statement is true or false. ANSWER FALSE Max Weber, famous for expounding on the Protestant work ethic, also argued that the ascetic principles embedded […]
QUESTION The primacy of the value of group identification encourages managers and workers to move from company to company. Indicate whether the statement is true or false. ANSWER FALSE The primacy of the value of group identification discourages managers and workers from moving from company to company. Over the years, managers and workers build […]
QUESTION Like Christianity and Judaism, Islam is a monotheistic religion. Indicate whether the statement is true or false. ANSWER TRUE Like Christianity and Judaism, Islam is a monotheistic religion. The central principle of Islam is that there is but the one true omnipotent God (Allah).
QUESTION Strong identification with the group tends to create pressures for mutual self-help and collective action. Indicate whether the statement is true or false. ANSWER TRUE Strong identification with the group is argued to create pressures for mutual self-help and collective action. If the worth of an individual is closely linked to the achievements […]
QUESTION The murabaha contract is the most widely used among the world’s Islamic banks, primarily because it is the easiest to implement. Indicate whether the statement is true or false. ANSWER TRUE The Islamic banking method of the murabaha contract is the most widely used among the world’s Islamic banks, primarily because it is […]
