Organizational culture does not affect all aspects of the business.

• A) True
• B) False
• C)
• D)

All of the following are officially sanctioned sacred books, Except:

• A) Ramayan
• B) Koran
• C) Bible
• D) Torah

A first-mover advantage is a firm's ability to be better off than its competitors as a result of being first to market in a new product category

• A) True
• B) False
• C)
• D)

The major factor that Ghana was left behind in terms of Economic growth when compared with South Korea was:

• A) Poor quality of Crops
• B) Decrease in education level
• C) Cultural shift in Ghana
• D) High Tariffs imposed by Ghanaian government

According to which of the following "comparative advantage arises from differences in national factor endowments"?

• A) David Ricardo’s theory
• B) Mercantilism theory
• C) Heckscher-Ohlin’s theory
• D) Adam Smith’s theory

Which of the following dimensions focuses on how a society deals with the fact that people are unequal in physical and intellectual capabilities?

• A) Uncertainty avoidance
• B) Masculinity versus femininity
• C) Power distance
• D) Individualism versus collectivism

Which factor can play an important role in the economic development of one country other than the political, economic or legal system?

• A) Education
• B) Historical background
• C) Lifestyle
• D) Income level

There are two degrees of dependency.

• A) False
• B) True
• C)
• D)

Monotheistic religion means,

• A) Belief in one religion
• B) Belief in one GOD
• C) Belief in equality
• D) Belief in humanity

Which one of the following is NOT a reason for the spread of democracy?

• A) Emergence of prosperous middle class and working class
• B) New information and communication technologies
• C) Failure of totalitarianism
• D) Strengthening of political parties

Precedence based law is:

• A) Common law
• B) Theocratic law
• C) Public law
• D) Civil law

The theory given by David Ricardo in 1817 is also known as;

• A) Distinctive advantage
• B) Economic advantages
• C) Comparative advantage
• D) Competitive advantage

Which of the following dimensions measures the extent to which different cultures socialize their members to accept ambiguous situations and to tolerate uncertainty?

• A) Masculinity versus femininity
• B) Power distance
• C) Individualism versus collectivism
• D) Uncertainty avoidance

Multinational firms hesitate to go where;

• A) Cultural differences are high
• B) Government is conservative
• C) Values are less significant
• D) Amalgamation is easy

Who gave the concept of reciprocal obligations in work ethics?

• A) Protestants
• B) Hinduism
• C) Confucianism
• D) Buddhism

Following are the determinants of culture, EXCEPT?

• A) Technology
• B) Social Structure
• C) Religion
• D) Education

Which of the following is one of the reasons for the spread of democracy?

• A) Totalitarianism failed to deliver economically
• B) Economic recession worldwide
• C) Expansion of small and medium businesses worldwide
• D) Totalitarianism failed to deliver politically

The most commonly used (Official language) in international business is:

• A) Spanish
• B) English
• C) French
• D) Chinese

In Christianity there are three key divisions: Protestant, Roman Catholic, and Eastern Orthodox.

• A) True
• B) False
• C)
• D)

__________ is a political system which encourages innovative and entrepreneurial activities.

• A) Conservatism
• B) Communism
• C) Democracy
• D) Dictatorship