MGT 448 Final Exam / 100% correct answers
MGT 448 Final Exam / 100% correct answers
http://www.homeworkmarket.com/content/mgt-448-final-exam-100-correct-answers
1. While workers in manufacturing industries are considered to be vulnerable to the negative effects of globalization, workers in service industries are relatively secure.
a. True
b. False
2. Which of the following was set up to promote economic development globally?
a. World Bank
b. International Monetary Fund
c. United Nations
d. World Trade Organization
3. Companies hope to lower their overall cost structure or improve the quality or functionality of their product offering which allows them to compete more effectively by engaging in
a. predatory pricing practices.
b. outsourcing of core functions.
c. dumping.
d. globalization of production.
4. In the early 20th century, the social ideology split into two broad categories – communism and social democracy – both of which were still going strong at the beginning of the 21st century
a. True
b. False
5. Political systems can be assessed according to two dimensions. Which of the following is one among them?
a. The degree to which they are socialist or capitalist.
b. The degree to which they are democratic or totalitarian.
c. The degree to which they are based on religious principles.
d. The power orientation of the society.
6. Individualism lays emphasis on the importance of guaranteeing individual freedom and self expression
a. by letting some collective body dictate what is in the society's best interest.
b. by viewing the needs of society as a whole.
c. by restricting anything that runs counter to "the good of society."
d. by letting people pursue their own economic self-interest.
7. Norms are abstract ideas about what a group believes to be good, right, and desirable.
a. True
b. False
http://www.homeworkmarket.com/content/mgt-448-final-exam-100-correct-answers
1. While workers in manufacturing industries are considered to be vulnerable to the negative effects of globalization, workers in service industries are relatively secure.
a. True
b. False
2. Which of the following was set up to promote economic development globally?
a. World Bank
b. International Monetary Fund
c. United Nations
d. World Trade Organization
3. Companies hope to lower their overall cost structure or improve the quality or functionality of their product offering which allows them to compete more effectively by engaging in
a. predatory pricing practices.
b. outsourcing of core functions.
c. dumping.
d. globalization of production.
4. In the early 20th century, the social ideology split into two broad categories – communism and social democracy – both of which were still going strong at the beginning of the 21st century
a. True
b. False
5. Political systems can be assessed according to two dimensions. Which of the following is one among them?
a. The degree to which they are socialist or capitalist.
b. The degree to which they are democratic or totalitarian.
c. The degree to which they are based on religious principles.
d. The power orientation of the society.
6. Individualism lays emphasis on the importance of guaranteeing individual freedom and self expression
a. by letting some collective body dictate what is in the society's best interest.
b. by viewing the needs of society as a whole.
c. by restricting anything that runs counter to "the good of society."
d. by letting people pursue their own economic self-interest.
7. Norms are abstract ideas about what a group believes to be good, right, and desirable.
a. True
b. False