Globalisation Quiz

Which of the following is an example of the globalization of markets?

• IKEA selling furniture worldwide

• Local handmade crafts

• Domestic-only businesses

• Nationally restricted companies

The globalization of production refers to___________.

• manufacturing all products domestically

• sourcing goods globally for efficiency

• limiting production to one country

• ignoring labor cost differences

What is globalization?

• Isolation of economies

• Integration of world economies

• Closing borders for trade

• Encouraging local trade only

What technology has advanced outsourcing services globally?

• Manual labor tools

• Modern communication technology

• Industrial machinery

• Domestic transportation

Culture is defined as______________.

• a system of values and norms shared among a group

• a government structure

• economic integration

• political philosophy

Values in a culture refer to__________________.

• laws of a nation

• social rules guiding interactions

• beliefs about what is good or desirable

• unwritten agreements

Folkways are______________.

• serious ethical rules

• customs for polite behavior

• national laws

• government policies

Mores are______________.

• less significant rules

• rules with moral significance

• individual beliefs

• social agreements

Which country emphasizes the group in its culture?

• USA

• Japan

• Australia

• Canada

What system emphasizes individual achievement?

• Group-based systems

• Western societies

• Caste systems

• Confucian societies