Understanding Religion and Globalization Concepts
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Questions and Answers

Which of the following best defines religion?

  • An economic system
  • A collection of scientific theories
  • A political ideology
  • A system of shared beliefs and rituals concerning the sacred (correct)
  • An ethical system is only concerned with legal regulations.

    False

    What is meant by an 'ethical system'?

    A set of moral principles or values used to guide behavior.

    Religion can be defined as a system of shared beliefs and ________ that are concerned with the sacred.

    <p>rituals</p> Signup and view all the answers

    Match the following concepts with their definitions:

    <p>Religion = A system concerning the sacred Ethical System = Moral principles guiding behavior Rituals = Formalized actions in religious contexts Values = Beliefs about what is important in life</p> Signup and view all the answers

    Who suggested that the war of ideas may be at an end and liberal democracy has triumphed?

    <p>Francis Fukuyama</p> Signup and view all the answers

    Samuel Huntington believed that the world is split into different civilizations, each with its own ideology.

    <p>True</p> Signup and view all the answers

    What major global event in 1991 contributed to the concept of a new world order?

    <p>The end of the Cold War</p> Signup and view all the answers

    The collapse of ___________ regimes in Latin America contributed to the emergence of a new world order.

    <p>authoritarian</p> Signup and view all the answers

    Match the theorist with their idea regarding the new world order:

    <p>Francis Fukuyama = Liberal democracy has triumphed Samuel Huntington = Civilizational clash perspective Post-Cold War = Shift towards a multipolar world Collapse of communism = End of an ideological conflict</p> Signup and view all the answers

    What is a major concern for protestors regarding globalization?

    <p>Detrimental effects on living standards</p> Signup and view all the answers

    Governments intervene similarly across all countries regarding international companies.

    <p>False</p> Signup and view all the answers

    Name one aspect that international companies should focus on for sustainability.

    <p>Integrating the supply chain with sustainability in mind.</p> Signup and view all the answers

    Countries differ in their political systems, economic systems, legal systems, and levels of ______.

    <p>development</p> Signup and view all the answers

    Match the following aspects of managing an international business with their descriptions:

    <p>Marketing = Crafting strategies for different markets Human Resources = Managing workforce across borders Financing = Handling currency exchange rates Legal Systems = Navigating laws in different countries</p> Signup and view all the answers

    Which of the following should international companies implement to ensure employee safety?

    <p>Put workplace standards in place</p> Signup and view all the answers

    Currency exchange rates have little impact on costs and pricing.

    <p>False</p> Signup and view all the answers

    What are international companies encouraged to consider in managing their supply chains?

    <p>Sustainability</p> Signup and view all the answers

    Which country experienced significant growth in foreign direct investment (FDI) from $2 billion in 1983 to up to $100 billion by 2019?

    <p>China</p> Signup and view all the answers

    All countries in Latin America have embraced democracy and free markets, making the region more attractive for FDI.

    <p>False</p> Signup and view all the answers

    What major economic change has been observed globally that leads to more interdependent economies?

    <p>Barriers to trade have been falling.</p> Signup and view all the answers

    Countries like __________ and Taiwan have become major global players.

    <p>South Korea</p> Signup and view all the answers

    Match the following countries with their economic characteristics:

    <p>Brazil = Democratic reforms and open markets China = Significant growth in FDI Turkey = Emerging market potential South Africa = Challenges and successes as an emerging market</p> Signup and view all the answers

    What is one of the main challenges of foreign investment mentioned?

    <p>Uncertainty</p> Signup and view all the answers

    The anti-globalization movement originated from protests against the WTO in Seattle in 1999.

    <p>True</p> Signup and view all the answers

    What are emerging markets mentioned in the context of potential success?

    <p>Turkey, China, South Africa</p> Signup and view all the answers

    What is a characteristic of cultures with a long-term orientation?

    <p>Value thrift and resourcefulness</p> Signup and view all the answers

    Short-term oriented cultures emphasize patience and tradition more than long-term oriented cultures.

    <p>False</p> Signup and view all the answers

    What term also refers to long-term orientation cultures?

    <p>Confucian dynamism</p> Signup and view all the answers

    Cultures characterized by long-term orientation tend to emphasize ____, while those with short-term orientation focus on immediate results.

    <p>patience</p> Signup and view all the answers

    Match the type of cultural orientation with its characteristic.

    <p>Long-term orientation = Saving resources Short-term orientation = Impulse buying</p> Signup and view all the answers

    Which of the following is a political argument for government intervention in the economy?

    <p>Trade barriers</p> Signup and view all the answers

    The Infant Industry Argument suggests that established industries should receive government support.

    <p>False</p> Signup and view all the answers

    What is the main purpose of Strategic Trade Policy?

    <p>To raise national income and support competing firms against foreign competitors.</p> Signup and view all the answers

    Countries should support _____ industries to foster economic growth.

    <p>newer</p> Signup and view all the answers

    Match the following terms with their descriptions:

    <p>Infant Industry Argument = Support for newer industries Strategic Trade Policy = Assistance to firms facing foreign competition First-mover advantage = Benefits enjoyed by pioneer companies Government Intervention = State influence in economic activities</p> Signup and view all the answers

    Which of these statements best reflects an economic argument for government intervention?

    <p>New firms require support to establish market presence.</p> Signup and view all the answers

    Government intervention can potentially hinder economic growth in all scenarios.

    <p>False</p> Signup and view all the answers

    What advantage do first-mover companies have?

    <p>They establish a strong market position before competitors.</p> Signup and view all the answers

    Study Notes

    Course Information

    • Course Title: COMM 211
    • Course Description: Final Exam Crash Course Booklet
    • Institution: Concordia

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    Description

    This quiz explores fundamental concepts related to religion, ethical systems, and the implications of globalization. Test your knowledge on key theorists, major global events, and the evolving nature of world ideologies. Perfect for students studying sociology or global studies.

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