Question 1

Cultural resistance to economic development includes all of the following except:

Accepted Answer

A)   Westernization undermining religious principles
B)   Consumer and corporate resistance to economic reforms
C)   Tribal or ethnic divisions
D)   Education system emphases on the humanitiesE) A) and C)
F) None of the above

Question 2

Towns are much less competitive than rural village settings because insider-outsider distinctions count for little

Accepted Answer

A) True 
 B)False

Question 3

In developing, non-industrial societies, the majority of people have modern institutions, values and lifestyles

Accepted Answer

A) True 
 B)False

Question 4

Efficient infrastructures are more essential for the functioning of centralized communistic economic systems than for market-forces-based systems

Accepted Answer

A) True 
 B)False

Question 5

_________________________ tend to be agricultural societies with many languages and dialects. They have their own family-based social class systems with few international contacts. They are:

Accepted Answer

A)   Regionally and globally involved societies
B)   Industrializing/modernizing societies
C)   Post-industrial societies
D)   Traditional pre-industrial societiesE) All of the above
F) C) and D)

Question 6

As consumers become more experienced purchasers, decision-making about products and brands tends to become more male-dominated

Accepted Answer

A) True 
 B)False

Question 7

Patriarchal gender orientations are slowly eroded during industrialization as women enter the work force and earn the right to equality

Accepted Answer

A) True 
 B)False

Question 8

Traditional patterns of consumer behavior include all of the following except:

Accepted Answer

A)   Equal participation of men and women in purchasing decisions
B)   Reliance on personal rather than commercial information sources about products
C)   'Home-cooked meals are best'
D)   Branding and packaging are viewed as wasteful or unnecessaryE) A) and B)
F) B) and D)

Question 9

Infrastructure linkages among village communities are key factors in allowing markets to develop and in encouraging local cultures to regionalize and ultimately to homogenize into national cultures

Accepted Answer

A) True 
 B)False

Question 10

As developing markets become more competitive, price competition increases, sales fluctuations occur more often and the need for market feedback increases

Accepted Answer

A) True 
 B)False

Question 11

High community orientations include distributing output evenly to all community members

Accepted Answer

A) True 
 B)False

Question 12

Under hereditary social class systems, family name and connections count much less than personal ability

Accepted Answer

A) True 
 B)False

Question 13

Modern values that individuals acquire during the economic development process include:

Accepted Answer

A)   Development of insider-outsider distinctions
B)   Less concern with the past and more concern with the present and future
C)   Realization that individuals are unable to shape their own destinies
D)   Avoiding risky behaviorsE) B) and D)
F) C) and D)

Question 14

____________________ for economic development include government investments in infrastructure and the delivery of essential services such as education and defense

Accepted Answer

A)   Internal private resources
B)   External private resources
C)   Internal public resources
D)   External public resourcesE) A) and B)
F) A) and C)

Question 15

______________________ for economic development include international corporations and their associated technology transfers

Accepted Answer

A)   Internal private resources
B)   External private resources
C)   Internal public resources
D)   External public resourcesE) None of the above
F) C) and D)

Question 16

As countries modernize, changes in industry supply chains include all of the following except:

Accepted Answer

A)   Free trade policies slowly giving way to protectionist policies
B)   Wage rates increase and firms substitute capital equipment for labor
C)   Infrastructure development enables broader distribution of products and services
D)   Corporate costs rise as companies start to contribute to social welfare systemsE) A) and C)
F) All of the above

Question 17

The diffusion of modern behaviors in developing markets:

Accepted Answer

A)   Begins in rural areas and spreads to towns
B)   Starts in towns with government officials, foreign businesspeople and local entrepreneurs
C)   Is hindered by the rural to urban population move
D)   All the aboveE) C) and D)
F) None of the above

Question 18

As countries develop and education levels become more uniform, firms can more easily adopt more participative forms of management

Accepted Answer

A) True 
 B)False

Question 19

The US was the first nation to industrialize in the 18th-19th centuries

Accepted Answer

A) True 
 B)False

Question 20

The Protestant work ethic and income-based social class systems tend to encourage materialism

Accepted Answer

A) True 
 B)False

Exam 2: Globalization Effects on Country Institutions, People, Industries, Business and Consumers

______________________ for economic development include international corporations and their associated technology transfers

Correct AnswerverifiedShow Answer

____________________ for economic development include government investments in infrastructure and the delivery of essential services such as education and defense

Correct AnswerverifiedShow Answer

As countries develop and education levels become more uniform, firms can more easily adopt more participative forms of management

Correct AnswerverifiedShow Answer

In developing, non-industrial societies, the majority of people have modern institutions, values and lifestyles

Correct AnswerverifiedShow Answer

The US was the first nation to industrialize in the 18th-19th centuries

Correct AnswerverifiedShow Answer

Cultural resistance to economic development includes all of the following except:

Correct AnswerverifiedShow Answer

High community orientations include distributing output evenly to all community members

Correct AnswerverifiedShow Answer

_________________________ tend to be agricultural societies with many languages and dialects. They have their own family-based social class systems with few international contacts. They are:

Correct AnswerverifiedShow Answer

Patriarchal gender orientations are slowly eroded during industrialization as women enter the work force and earn the right to equality

Correct AnswerverifiedShow Answer

Traditional patterns of consumer behavior include all of the following except:

Correct AnswerverifiedShow Answer

Efficient infrastructures are more essential for the functioning of centralized communistic economic systems than for market-forces-based systems

Correct AnswerverifiedShow Answer

Towns are much less competitive than rural village settings because insider-outsider distinctions count for little

Correct AnswerverifiedShow Answer

As developing markets become more competitive, price competition increases, sales fluctuations occur more often and the need for market feedback increases

Correct AnswerverifiedShow Answer

The diffusion of modern behaviors in developing markets:

Correct AnswerverifiedShow Answer

As countries modernize, changes in industry supply chains include all of the following except:

Correct AnswerverifiedShow Answer

As consumers become more experienced purchasers, decision-making about products and brands tends to become more male-dominated

Correct AnswerverifiedShow Answer

Infrastructure linkages among village communities are key factors in allowing markets to develop and in encouraging local cultures to regionalize and ultimately to homogenize into national cultures

Correct AnswerverifiedShow Answer

Under hereditary social class systems, family name and connections count much less than personal ability

Correct AnswerverifiedShow Answer

Modern values that individuals acquire during the economic development process include:

Correct AnswerverifiedShow Answer

The Protestant work ethic and income-based social class systems tend to encourage materialism

Correct AnswerverifiedShow Answer

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The US was the first nation to industrialize in the 18^th-19^th centuries

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