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Which of the following statements is true about the business implications of the Japanese society?


A) In Japan, the social status of an individual is determined independent of the standing of the group to which he or she belongs.
B) It is difficult to find self-managing work teams within Japanese organizations.
C) Japan is more successful at pioneering radically new products and new ways of doing business than the United States.
D) There is a low degree of movement from company to company among managers and workers in Japan.
E) In Japan, the managers and workers lack company-specific knowledge, experience, and a network of interpersonal business contacts.

F) All of the above
G) A) and B)

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When Shop Smart opened its first super market in China it was unable to generate any sales.After conducting a research,it was understood that the local sales personnel found it difficult to communicate with the American store managers.In addition,Chinese consumers found it difficult to shop in the American way.Shop Smart's failure in China can be attributed to the lack of:


A) cross-cultural literacy.
B) class consciousness.
C) a first-mover advantage.
D) Confucian dynamism.
E) ethnocentrism.

F) C) and D)
G) B) and C)

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Hofstede's _____ dimension focused on how a society deals with the fact that people are unequal in physical and intellectual capabilities.


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

F) B) and D)
G) A) and B)

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Which of the following is the most dominant religion in the world in terms of numbers of adherents?


A) Judaism
B) Christianity
C) Islam
D) Buddhism
E) Confucianism

F) B) and E)
G) B) and D)

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_____ refers to a condition where people tend to perceive themselves in terms of their class background,and this shapes their relationships with members of other classes.


A) Social mobility
B) Class consciousness
C) Cross-culture literacy
D) Social awareness
E) Class representativeness

F) A) and C)
G) C) and D)

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What is class-consciousness? What is its impact on businesses?

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Class consciousness refers to a conditio...

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_____ are defined as hierarchical social categories,often based on family background,occupation,and income.


A) Social modes
B) Social empires
C) Social strata
D) Social councils
E) Social clusters

F) A) and C)
G) B) and E)

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According to Geert Hofstede,high power distance cultures were found in societies that tried to play down inequalities of power and wealth as much as possible.

A) True
B) False

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Values provide the context within which a society's norms are established and justified.

A) True
B) False

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"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.

F) A) and E)
G) B) and E)

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What are the two different banking methods that Islamic banks have experimented with in order to avoid the payment or receipt of interest?

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Because Islamic banks cannot pay or char...

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China Innovation Inc.is a devout follower of Confucian ethics.Hence,it hires people who live by similar principles.Which of the following is most likely to be a characteristic of this company?


A) The conflict between management and labor will be high in China Innovation Inc.
B) The company's management will expect blind loyalty from the worker's.
C) China Innovation Inc. will often indulge in violations of business agreements.
D) The cost of doing business will be low for those companies that enter into a business with China Innovation Inc.
E) China Innovation Inc. will not have any relationship networks that are supported by reciprocal obligations.

F) A) and C)
G) A) and D)

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Which of the following does Islam prohibit?


A) Right to private property
B) Free enterprise and earning profit through trade and commerce
C) Charitable acts toward the disadvantaged
D) Earning profits by breaking contractual obligations
E) Market-based economic systems

F) A) and D)
G) C) and D)

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Sami follows a religion founded by an Indian prince-Siddhartha Gautama.Unlike the other Indian religions his religion does not propagate the caste system.Also,his religion emphasizes right seeing,thinking,speech,action,living,effort,mindfulness,and meditation as a route for spiritual transformation.According to this information,Sami can be considered as a:


A) Hindu.
B) Buddhist.
C) Confucian.
D) Sikh.
E) Muslim.

F) A) and B)
G) D) and E)

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


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

F) B) and E)
G) None of the above

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Maya is a follower of a religion which emphasizes that individuals should be judged solely by their spiritual achievements.The caste Maya belongs to is of the highest order in her religion,and hence is highly respected.She also firmly believes that she was born into the high caste as a result of her spiritual development in her previous life.Maya follows:


A) Hinduism.
B) Buddhism.
C) Confucianism.
D) Islam.
E) Christianity.

F) A) and E)
G) B) and C)

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According to Hofstede,in societies where _____ was emphasized,the ties between individuals were tight.


A) individualism
B) collectivism
C) femininity
D) low uncertainty avoidance
E) low power distance

F) B) and E)
G) C) and D)

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Which of the following is an implication of high degree of managerial mobility in societies that emphasize individualism?


A) Reduced costs of doing business
B) Increased managerial loyalty and commitment to an individual company
C) Lack of company-specific experience, knowledge, and a network of contacts among managers
D) Lack of exposure among employees to different ways of doing business
E) Inability to apply good practices and techniques developed in one firm to other firms

F) B) and E)
G) B) and D)

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What are the three values that are central to the Confucian system of ethics?

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The three values that are central to the...

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One of the downsides to the emphasis on individualism is that it:


A) is difficult to build teams within an organization to perform collective tasks.
B) does not support entrepreneurship and innovation.
C) discourages managerial mobility.
D) fails to foster general managerial skills required to find solutions to current problems.
E) discourages competition among employees within a company.

F) C) and E)
G) A) and B)

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