International Business Globalization Essay example

4870 Words Dec 17th, 2013 20 Pages
Chapter 03
Differences in Culture

/ Questions 1. (p. 88) In today's world of global communications, rapid transportation and global markets, cultural differences have ceased to exist.

Difficulty: Medium 2. (p. 88) Culture is static.

Difficulty: Medium 3. (p. 89) Values are abstract ideas about what a group believes to be right, good and desirable.

Difficulty: Easy 4. (p. 89) A society is another name for a country.

Difficulty: Easy 5. (p. 89) A country is defined as a system of values and norms that are shared among a group of people and that when taken together constitute a design for living.

Difficulty: Easy

6. (p. 89) People who violate folkways
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Difficulty: Medium 31. (p. 102) A mudarabah contract banking method of Islamic banks is similar to a profit-sharing scheme.

Difficulty: Medium 32. (p. 102) Like Christianity and Islam, Hinduism's founding is also linked to a particular person and it has an officially sanctioned sacred book.

Difficulty: Medium

33. (p. 104) Hindus perceive the pursuit of material well-being as making the attainment of nirvana easier.

Difficulty: Medium 34. (p. 104) Unlike Hinduism, Buddhism does not support the caste system.

Difficulty: Easy 35. (p. 105) Guanxi is an important mechanism for building long-term business relationships and getting business done in China.

Difficulty: Medium 36. (p. 106-107) Since English is often thought of as the global language of business, it is not important for an American business executive to learn foreign languages.

Difficulty: Easy 37. (p. 107) Unspoken language refers to nonverbal communication.

Difficulty: Easy

38. (p. 108) Hofstede's power distance dimension focused on how a society deals with the fact that people are unequal in physical and intellectual capabilities.

Difficulty: Easy 39. (p. 110) Culture is a constant; it does not evolve over time.

Difficulty: Medium 40. (p. 112) Cultural change is unidirectional, with national cultures

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