WorksheetsChapter 2, 3, 4 (Political Economy, Culture, Ethics)
Total questions: 10
Worksheet time: 5mins
Collectively, we refer to political, economic, and legal systems as constituting the _______ economy of a country.
Legislative
Governing
Political
Administrative
Political systems that emphasize _______ tend towards totalitarianism, while _______ tend to be democratic.
individualism; collectivism
collectivism; individualism
individualism; socialism
theocracy; capitalism
Modern __________ trace their intellectual roots to Karl Marx.
Separatists
Capitalists
Socialists
Federalists
State ownership of the means of production:
is the most profitable way to organize production
is the most acceptable way to organize the economy
often runs in parallel with the public interest
leads to increased inefficiency, higher prices and higher taxes
_______ go "hand in hand."
Anarchy and individualism
Totalitarianism and democracy
Democracy and individualism
Collectivism and individualism
Abstract ideas about what a society believes to be good, right and desirable, are
values
economics
politics
technology
_______ is the belief in the superiority of one's own ethnic group or culture.
Power distance
Ethnocentrism
Uncertainty avoidance
Dynamism
_______ enable(s) a manager to walk away from a decision that is profitable.
Kantian Discipline
Economic self-sufficiency
Human resources
Moral courage
Basic Human rights are:
respected worldwide.
still not respected in many nations.
respected in only OECD countries.
only respected in North America
Many of the ethical issues and dilemmas in international business are rooted in the fact that _______ vary/varies significantly from nation to nation.
political systems
law
economic development
culture
All of these answers are correct.
