IBI101_CHAPTER 4

In today's world of global communications, rapid transportation, and global markets, cultural differences have ceased to exist.

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2) Norms are abstract ideas about what a group believes to be good, right, and desirable.

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3) Folkways include rituals and symbolic behavior.

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4) Upon meeting a foreign business executive, a Japanese executive will hold his business card in both hands and bow while presenting the card to the foreigner. This is an example of ritual behavior.

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5) The term social strata refers to the extent to which individuals can move out of the strata into which they were born.

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6) Education plays an important role, from an international business perspective, as a determinant of national competitive advantage.

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7) Both Hindus and Buddhists stress the afterlife and spiritual achievement rather than involvement in this world.

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8) Islam is a polytheistic religion, like Christianity and Judaism.

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9) A caste system is a closed system of stratification in which social position is determined by the family into which the person is born.

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10) A class system is a rigid form of social stratification in which the position a person has by birth cannot be changed through his or her own achievements or luck.

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