general business data bank

general business data bank

Question
	
 41. Ethnocentrism refers to a natural tendency of people to regard
their own culture as inferior to other cultures.


















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 42. A tendency to regard their own culture as superior and to
downgrade other cultures reflects an attitude called geocentric.






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 43. The goal of the European Union is to create a powerful single
market system for Europe’s millions of consumers.






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 44. An organization developed for the purpose of eliminating tariffs
in trading between Japan and the United States is called The North American
Freedom of Tariffs Administration (NAFTA).






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 45. Fifteen member states of the EU have adopted the rupee, as a
single European currency.






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 46. Culture shock refers to a person's ability to use reasoning and
observation skills to interpret unfamiliar gestures and situations and devise
appropriate behavioral responses.






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 47. Cultural intelligence refers to a person's ability to use
reasoning and observation skills to interpret unfamiliar gestures and
situations and devise appropriate behavioral responses.






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 48. Culture shock refers to the frustration and anxiety that result
from constantly being subjected to strange and unfamiliar cues about what to do
and how to do it.






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 49. There are three components to cultural intelligence: cognitive,
emotional, and physical.






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 50. A manager’s reality is that isolation from international forces is
entirely possible.






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 51. Globalization reached its peak in the 1970s, and is decreasing at
a gradual rate.



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 52. Licensing means engaging in the international division of labor so
that work activities can be done in countries with the cheapest sources of
labor and supplies.






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 53. The United States has the largest mobile phone market in the
world.






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 54. Whereas China is strong in software services, India is a rising
power in manufacturing.






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 55. Brazil is known to have a young, vibrant population and a rapidly
growing middle class that is eager to experience the finer things in life.






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 56. The estimated 2010 misery index figures suggest significantly less
misery for almost every country as compared to figures at the beginning of the
century.






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 57. In India, it is not uncommon for social media companies such as
Facebook and Twitter to be required by law to comply with requests to take down
content considered incendiary by government entities.






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 58. A high performance orientation means that a society encourages
toughness, assertiveness, and competitiveness.






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 59. High-context cultures include Asian and Arab countries, whereas
low-context cultures tend to be American and Northern European.






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 60. High cultural intelligence requires that a manager be open and
receptive to new ideas and approaches.






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 61. In a recent Fortune magazine poll, 68 percent of Americans
say other countries benefit the most from free trade.






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 62. The term top of the pyramid refers to the more than four
billion people who earn the least, as defined by per capita income.






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 63. China and India are ranked first and second on the 2009-2010
Global Competitiveness Ranking of World Economic Forum.





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