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 […]
QUESTION The emphasis on individualism results in a low degree of managerial mobility between companies. Indicate whether the statement is true or false. ANSWER FALSE Individualism finds expression in a high degree of managerial mobility between companies, and this is not always a good thing.
QUESTION Individuals become a member of the social category to which their parents belong. Indicate whether the statement is true or false. ANSWER TRUE Individuals are born into a particular stratum. They become a member of the social category to which their parents belong.
QUESTION A caste system is a closed system of stratification in which social position is determined by the family into which a person is born. Indicate whether the statement is true or false. ANSWER TRUE A caste system is a closed system of stratification in which social position is determined by the family into […]
QUESTION In a class system, individuals born into a class at the bottom of the social hierarchy can work their way up. Indicate whether the statement is true or false. ANSWER TRUE A class system is a less rigid form of social stratification in which social mobility is possible. Individuals born into a class […]
QUESTION The least rigid system of social stratification is a caste system. Indicate whether the statement is true or false. ANSWER FALSE The most rigid system of stratification is a caste system.
QUESTION Although upward social mobility was possible in Britain, it could not normally be achieved in one generation. Indicate whether the statement is true or false. ANSWER TRUE Although upward mobility was possible, it could not normally be achieved in one generation. While an individual from a working-class background may have established an income […]
QUESTION Generally, the costs and risks associated with doing business in a foreign country are typically lower in: A. less developed countries. B. economically advanced countries. C. totalitarian states. D. countries with high inflation and falling living standards. E. countries that lack intellectual property rights. ANSWER B Generally, the costs and risks associated with […]
QUESTION Which of the following is most likely to be true about the overall attractiveness of a country as a potential market or investment site for an international business? A. The potential long-run benefits of doing business in a foreign country are independent of the country’s future economic growth rates. B. The costs and risks […]
QUESTION Which of the following of the Cold War era has vanished? A. Multipolar world B. Democratic system C. Free market system D. Bipolar world E. Widespread belief in Western ideology ANSWER D The long-standing ideological conflict between collectivism and individualism that defined the twentieth century is less in evidence today. The West won […]
