QUESTION Ryan is the executive general manager of a U.S. multinational and Veronica is a manager in a similar position, but works for another U.S. company that operates only in its home country. In this context, which of the following business functions will be most typically exclusive to Ryan? A. Marketing a product or service […]
QUESTION The term political economy is used to stress the fact that the political, economic, and legal systems of a country are independent of each other. Indicate whether the statement is true or false. ANSWER FALSE We use the term political economy to stress that the political, economic, and legal systems of a country […]
QUESTION Political systems that emphasize collectivism tend to be democratic, while political systems that place a high value on individualism tend to be totalitarian. Indicate whether the statement is true or false. ANSWER FALSE Political systems that emphasize collectivism tend to be totalitarian, while political systems that place a high value on individualism tend […]
QUESTION Plato did not equate collectivism with equality. Indicate whether the statement is true or false. ANSWER TRUE Plato did not equate collectivism with equality; he believed that society should be stratified into classes, with those best suited to rule administering society for the benefit of all.
QUESTION The social democrats believed that socialism could be achieved only through violent revolution and totalitarian dictatorship. Indicate whether the statement is true or false. ANSWER FALSE The social democrats committed themselves to achieving socialism by democratic means, turning their backs on violent revolution and dictatorship.
QUESTION Karl Marx advocated state ownership of the basic means of production, distribution, and exchange (i.e., businesses). Indicate whether the statement is true or false. ANSWER TRUE Karl Marx advocated state ownership of the basic means of production, distribution, and exchange (i.e., businesses).
QUESTION One of the tenets of collectivism is that the welfare of society is best served by letting people pursue their own economic self-interest. Indicate whether the statement is true or false. ANSWER FALSE In collectivist societies, an individual’s right to do something may be restricted on the grounds that it runs counter to […]
QUESTION By the mid-1990s, communism was rising worldwide. Indicate whether the statement is true or false. ANSWER FALSE By the mid-1990s, communism was in retreat worldwide.
QUESTION In practical terms, individualism translates into an advocacy for democratic ideals and free market economics. Indicate whether the statement is true or false. ANSWER TRUE In practical terms, individualism translates into an advocacy for democratic ideals and free market economics.
QUESTION The Cold War was in many respects a war between collectivism, championed by the former Soviet Union, and individualism, championed by the United States. Indicate whether the statement is true or false. ANSWER TRUE The Cold War was in many respects a war between collectivism, championed by the former Soviet Union, and individualism, […]
