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first%20exam%20sample%20questions

first%20exam%20sample%20questions - which they are...

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SAMPLE QUESTIONS FOR EXAM #1 BUS 76.4 1) The total annual income received by residents of a nation is reflected in a country’s a) GNI b) HDI c) GNP d) PPP Answer: a 2) The most global of markets are not markets for __________, where national differences in tastes and preferences are still often important enough to act as a brake on globalization. 3). As a result of __________, a company such as IBM can build the case, keyboard and hard drive for its product in one country, build the wireless card in a second country, the microprocessor in a third country, and assemble it in still another country. 4). Political systems can be assessed according to two related dimensions: A) the degree to which they emphasize individualism opposed to totalitarian and the degree to
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Unformatted text preview: which they are individualistic verses democratic B) the degree to which they are market orientated opposed to production orientated and the degree to which they are democratic verses individualistic C) the degree to which they emphasize social democracy opposed to communism and the degree to which they emphasize collectivism opposed to individualism D) the degree to which they emphasize collectivism opposed to individualism and the degree to which they are democratic or totalitarian Answer: D 5). A group of people who share a common set of values and norms are A) a culture B) a society C) a social strata D) a social system Answer: B 6). Which of the following is not true regarding culture? A) Culture is static. B) Culture is evolving. C) Culture has changed significantly over past 20 years. D) Culture involves the knowledge and beliefs of people. Answer: A...
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