Question

In: Economics

QUESTION 1 Organizations tend to be flatter in which kind of country: One with low power...

QUESTION 1 Organizations tend to be flatter in which kind of country:

One with low power distance

One with low uncertainty avoidance

One that is collectivist

One with a short-term orientation

QUESTION 2 Which of the following was not part of McDonald’s original strategy?

Standardized menus

High prices

Consistent quality

Quick service

QUESTION 3 Cynthia continues to wear her traditional dress despite pressure to conform to the fashion style in her new school. Cynthia is demonstrating:

Cultural divergence

Cultural convergence

Cultural relativism

Cultural learning

QUESTION 4 Which of the following business functions is subject to a system based on Islamic law for application in Islamic contexts?

Banking and finance

Operations

Marketing

Research & development

QUESTION 5 Based on the case, which of the following is not a criticism of Mcdonalds’ employment practices:

Low pay

Poor working conditions

Retaliation

Lack of health insurance

QUESTION 6 Which of the following statements is true:

Banks in Muslim countries operate the same as

Banks anywhere in the world

Companies doing business in Muslim countries must comply only with religious law

Banks in Muslim countries cannot charge interest

Companies in Muslim countries cannot employ women

QUESTION 7 Which statement is true about the caste system in India:

The caste system no longer exists in India

The caste system is an economic and social aspect of Hinduism

The caste system allows for social and economic mobility between castes

The caste system does not lead to discrimination

QUESTION 8 McDonald’s was a major investor in which fast-casual restaurant?

Applebees Chipotle

TGI Friday

Boston Market

QUESTION 9 When doing business in Trevonia, it’s important to build relationships beyond the workplace. According to Trompenaars’ theory of relationships Trevonia is most likely:

A neutral country

A collectivist country

A Universalist country

A diffuse country

QUESTION 10 Assimilation of immigrants is most closely related to:

Cultural divergence

High-context cultures

Low-context cultures

Cultural convergence

Solutions

Expert Solution

1) :- A is right option,One with low power distance

Organization is defined as a deliberate arrangement of people assembled to accomplish some specific purpose (that individuals independently could not accomplish alone

2) :- B is right option

Moderate price, is not part of McDonald's original strategy

Strategy is defined as a set of goal-directed actions a firm takes to gain and sustain superior performance relative to competitors

4) :-A is right option

Banking And finance business functions is subject to a system based on Islamic law for application in Islamic contexts

Bank is defined as a financial institution that accepts deposits and channels the money into lending activities

5):-D is right option

Based on the case, lack of health insurance is not a criticism of Mcdonalds' employment practices:

Lack of health insurance

Health Insurance is defined as a insurance pays for bills associated with illness, injury, or other medically related needs for those individuals covered under a policy

6) :- c is right option

Banks in Muslim countries cannot charge interest

7) :-Bis right option

The caste system is an economic and social aspect of Hinduism

8):- B is right option

McDonald's was a major investor in which fast-casual restaurant

Chipotle

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