The Contemporary World- Final Exam Study Materials PDF

Title The Contemporary World- Final Exam Study Materials
Author Crystal Deocadiz
Course The Contemporary World
Institution ABE International Business College
Pages 29
File Size 582.9 KB
File Type PDF
Total Downloads 121
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Home / My courses / GE6102 / IC for Completion Exam / IC for Completion Exam

Started on Friday, 27 August 2021, 3:06 AM State Finished Completed on Friday, 27 August 2021, 3:53 AM Time taken 46 mins 10 secs Grade 80.00 out of 80.00 (100%) Question 1 Correct Mark 1.00 out of 1.00

Global inequality is one of the downside of innovations Select one: True  False

The correct answer is 'True'.

Question 2 Correct Mark 1.00 out of 1.00

Which of the following is NOT part of the Preliminary Pages? Select one: a. List of Tables b. Review of Related Literature c. List of Abbreviations d. List of Figures

The correct answer is: Review of Related Literature



Question 3 Correct Mark 1.00 out of 1.00

ASEAN +3 is a forum that functions as a coordinator of co-operation between the Association of Southeast Asian Nations and three other nations namely: Select one: a. China, Korea, Japan



b. Russia, USA, Canada c. Bangladesh, Bhutan, Nepal d. Mongolia, India, Pakistan

The correct answer is: China, Korea, Japan

Question 4 Correct Mark 1.00 out of 1.00

Economic globalization is the increasing economic interdependence of national economies across the world through a rapid increase in cross-border movement of goods, service, technology, and capital. Some sociologists, like William I. Robinson has argued that because a capitalist economy is premised on growth and expansion, a globalized economy is the inevitable result of ________________. Select one: a. Communism b. Interactionism c. Socialism d. Capitalism



The correct answer is: Capitalism

Question 5 Correct Mark 1.00 out of 1.00

It is a monotheistic religion developed among the ancient Hebrews: Select one: a. Buddhism b. Christianity c. Judaism d. Islam

The correct answer is: Judaism



Question 6 Correct Mark 1.00 out of 1.00

The SAARC comprises of eight Member States: Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka. SAARC stands for: Select one: a. South Asian Association for Regional Corporation b. South Asian Assembly for Regional Cooperation c. South Asian Assembly for Regional Corporation d. South Asian Association for Regional Cooperation



The correct answer is: South Asian Association for Regional Cooperation

Question 7 Correct Mark 1.00 out of 1.00

It is a socio-economic and political divide of countries, comprising the three worlds known as First, Second, and Third Worlds. Select one: a. North-South Divide



b. West-South Divide c. East-West Divide d. East-North Divide

The correct answer is: North-South Divide

Question 8 Correct Mark 1.00 out of 1.00

This can be defined "as a moral and ethical disposition that can guide the understanding of individuals or groups of local and global contexts, and remind them of their relative responsibilities within various communities." Select one: a. Digitalization b. Global Citizenship c. Sustainable Development d. Global Security

The correct answer is: Global Citizenship



Question 9 Correct Mark 1.00 out of 1.00

This is one of the identified reasons why Select one: a. Innovations b. Citizenship



c. Globalization d. Digitalization

The correct answer is: Citizenship

Question 10 Correct Mark 1.00 out of 1.00

When businesses want to manufacture their products at a cheaper rate, they employ the services from developing countries which is possible in countries such as China and Cambodia, where manufacturing costs and wages are lower than highly developed countries. This business practice is called ____________. Select one: a. Freelancing b. Outsourcing c. Networking d. Local employment

The correct answer is: Outsourcing

Question 11 Correct Mark 1.00 out of 1.00

One of the downsides of globalization is the inverted relationship of population growth and the availability of resources. Select one: True  False

The correct answer is 'True'.



Question 12 Correct Mark 1.00 out of 1.00

He is viewed as the sole God-creator, sustainer, and restorer of the world in the Islam religion: Select one: a. Allah



b. Yahweh c. Waheguru d. Brahman

The correct answer is: Allah

Question 13 Correct Mark 1.00 out of 1.00

In his book, The Modern World System, American sociologist Immanuel Wallerstein described high-income nations as the ____ of the world economy. Select one: a. Semi-periphery b. Periphery c. Core



d. Margin

The correct answer is: Core

Question 14 Correct Mark 1.00 out of 1.00

A type of migration which refers to a move from one area (a province, district or municipality) to another within one country: Select one: a. Internal migration b. International migration c. Seasonal migration d. Return migration

The correct answer is: Internal migration



Question 15 Correct Mark 1.00 out of 1.00

Identify if the following is a right or responsibility: Voting Select one: a. None of the choices b. Right c. Responsibility d. Right and Responsibility



The correct answer is: Right and Responsibility

Question 16 Correct Mark 1.00 out of 1.00

The following statements are correct about globalization except for the following: Select one: a. Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. b. Globalization is the free movement of goods, services and people across the world in a seamless and integrated manner. c. Globalization represents the global integration of international trade, investment, information technology and cultures. d. Globalization is a recent phenomenon which traces its origin in the Information Age and thrived because of the presence of social  media and new technologies.

The correct answer is: Globalization is a recent phenomenon which traces its origin in the Information Age and thrived because of the presence of social media and new technologies.

Question 17 Correct Mark 1.00 out of 1.00

Which of the following examples refers to historical factor influencing economic globalization? Select one: a. Europeans traveled around the globe to barter crafts and furs in exchange for silks and perfumes in the Middle Ages



b. Taco Bell opening its branches in different parts of the globe c. Nike outsourcing its production in China, Thailand, South Korea, Vietnam, and India d. The founding of the Association of Southeast Asian Nations (ASEAN)

The correct answer is: Europeans traveled around the globe to barter crafts and furs in exchange for silks and perfumes in the Middle Ages

Question 18 Correct Mark 1.00 out of 1.00

Trade protectionism is in line with the principles of free trade by the neoliberalists Select one: True False 

The correct answer is 'False'.

Question 19 Correct Mark 1.00 out of 1.00

Which of the following is not true about the attributes of global corporations? Select one: a. Companies should research and understand the different cultures they are tapping into in order to be successful in not only building key relationships that will open up doors down the road, but connecting with the right consumers as well. b. Companies must be aware of different cultures and business practices among countries in order to connect, be efficient, and stay on the same page. c. High-growth companies view international markets as untapped markets full of potential. d. Companies that invest in the internet and produce web-based products are more unlikely to grow globally because there is more  money involved in their international expansion.

The correct answer is: Companies that invest in the internet and produce web-based products are more unlikely to grow globally because there is more money involved in their international expansion.

Question 20 Correct Mark 1.00 out of 1.00

Long before Airbnb persuaded strangers to sleep in one another's homes and became a $25 billion company, it was just an idea to make extra bucks and make rent. It started with an email. Joe Gebbia sent his roommate, Brian Chesky, an idea: What if they made a designer's bed and breakfast, complete with a sleeping mat and breakfast? It was a way to "make a few bucks." Almost nine years later that idea is worth $25 billion. They created a simple site, airbedandbreakfast.com, and bought three air mattresses. The duo had met at college at the Rhode Island School of Design, so they thought acting as tour guides to designers would be a fun way to make money. By 2011, four years after the first air mattress guests, Airbnb was already in 89 countries and had hit 1 million nights booked on the platform. It also finally won the break-out mobile app award at SXSW - despite having tried to launch there three years earlier (Carson, 2016). What attribute of global corporations contributed to the success of Airbnb? Select one: a. Understand different cultures b. Carefully chosen international partners c. Turbo-charged by the internet



d. Measure success

The correct answer is: Turbo-charged by the internet

Question 21 Correct Mark 1.00 out of 1.00

Who coined the term "global village" which describes the phenomenon of the world's culture shrinking and expanding at the same time due to pervasive technological advances that allow for instantaneous sharing of culture? Select one: a. Roland Barthes b. Charles Sanders Peirce c. Em Griffin d. Marshall McLuhan

The correct answer is: Marshall McLuhan



Question 22 Correct Mark 1.00 out of 1.00

McDonald's marketing has different strategy in different regions. Even in Asia, the advertising content for each country is different. For example, in Japan, most Japanese have high preferences on animations and the animation in Japan is the fastest growing industry as well. So McDonald's tends to use more animation elements for marketing and advertising. It aims to attract more target customers, including kids, teenagers, and even young adults. Many well-known cartoons were used in McDonald's advertisement marketing that enhances the attractiveness and popularity of products. In Malaysia, the Halal logo are indicated in all kinds of Halal food advertising. It also emphasizes on good values with draw attentions of local customs. The customs in different areas presents diversity. McDonald's also considered the local eating habits to practice the different marketing strategies. For example, many Chinese people choose Chinese food for breakfast, McDonald's launched a Chinese-style breakfast based on the eating habits (Li, 2016). What attribute of global corporations does McDonald's practice? Select one: a. Understand different cultures



b. Turbo-charged by the internet c. Measure success d. Carefully chosen international partners

The correct answer is: Understand different cultures

Question 23 Correct Mark 1.00 out of 1.00

The phenomenon wherein fertility declines and life expectancy rises, the proportion of the population above a certain age rises as well: Select one: a. Population ageing b. Birth rate c. Mortality d. Fertility

The correct answer is: Population ageing



Question 24 Correct Mark 1.00 out of 1.00

The work that deprives children of their childhood, their potential and their dignity, and that is harmful to physical and mental development is called: Select one: a. Child labor



b. Child development c. Child marriage d. Child protection

The correct answer is: Child labor

Question 25 Correct Mark 1.00 out of 1.00

One of the traditional challenges of a country is an invasion of other countries, which is also called: Select one: a. Civil war b. Social conflict c. Military unrest d. External intervention



The correct answer is: External intervention

Question 26 Correct Mark 1.00 out of 1.00

Which of the following is NOT a part of the Body of the research paper? Select one: a. Statement of the Problem b. Significance of the Study c. Research Design d. Rationale/Background of the Study

The correct answer is: Research Design



Question 27 Correct Mark 1.00 out of 1.00

_____ is the timeframe over which a thing is created, passed on to exhibit, and over the long run removed from the world market. Select one: a. Market evolution b. Product improvement c. Degeneration period d. Item life cycle



The correct answer is: Item life cycle

Question 28 Correct Mark 1.00 out of 1.00

These organizations were established to link together geographically and ideologically related states: Select one: a. Private organizations b. International organizations c. Regional organizations



d. Public organizations

The correct answer is: Regional organizations

Question 29 Correct Mark 1.00 out of 1.00

A form of media, such as radio and television, that reach target audiences using airwaves as the transmission medium: Select one: a. Broadcast media b. New media c. Digital media d. Print media

The correct answer is: Broadcast media



Question 30 Correct Mark 1.00 out of 1.00

The term international financial institution typically refers to the International Monetary Fund, the World Bank Group, the African Development Bank, the Asian Development Bank, the Inter-American Development Bank, and the European Bank for Reconstruction and Development. The last five banks are considered MDBs. What does MDBs stand for? Select one: a. Multilingual Development Banks b. Multicultural Development Banks c. Multifunctional Development Banks d. Multilateral Development Banks



The correct answer is: Multilateral Development Banks

Question 31 Correct Mark 1.00 out of 1.00

Who theorized that the 1st World was composed of the "superpowers" - US, Soviet Union, etc; the 2nd World was composed of lesser powers; and the 3rd World was composed of post-colonial emerging markets. Select one: a. Adolf Hitler b. Nelson Mandela c. Mao Zedong d. Winston Churchill

The correct answer is: Mao Zedong



Question 32 Correct Mark 1.00 out of 1.00

Which of the following statements is not true? Select one: a. In international communication theory and research, cultural imperialism theory argued that audiences across the globe are heavily affected by media messages emanating from the Western industrialized countries. b. Media culture is a terrain on which communication between people in a concrete historic-economic situation takes place. c. With regard the skepticism surrounding global media, international communication argues that global media are in fact best described as Eastern media, at most of global scope.



d. International flows of information have been assisted by the development of global capitalism, new technologies and the increasing commercialization of global television, and which have occurred as a consequence of the deregulation policies adopted by various countries in Europe and US, paving the way for the proliferation of cable and satellite channels.

The correct answer is: With regard the skepticism surrounding global media, international communication argues that global media are in fact best described as Eastern media, at most of global scope.

Question 33 Correct Mark 1.00 out of 1.00

One of the aims of a Research paper is for students to know proper citation. Select one: True  False

The correct answer is 'True'.

Question 34 Correct Mark 1.00 out of 1.00

The level of personal or family income below which one is classified as poor according to governmental standards: Select one: a. Poverty line b. Income matrix c. Social Class d. Lifestyle reference

The correct answer is: Poverty line



Question 35 Correct Mark 1.00 out of 1.00

Experts believe that technological innovations can sustain a growing economy Select one: True  False

The correct answer is 'True'.

Question 36 Correct Mark 1.00 out of 1.00

This type of financing is provided by Multilateral Development Banks to member countries, with maturities of up to 20 years, based on market interest rates. The financial resources for these loans are obtained by borrowing on the international capital markets and re-lend to borrowing governments in developing countries: Select one: a. Long-term loans



b. Very-long-term loans c. Grant financing d. Personal loans

The correct answer is: Long-term loans

Question 37 Correct Mark 1.00 out of 1.00

Since joining the world body in 1956, this country has all along positioned cooperation with the United Nations as a major pillar of its diplomacy. It has cooperated in UN activities in a wide range of areas, making the second largest financial contributions among the member States next only to the United States: Select one: a. Germany b. China c. France d. Japan

The correct answer is: Japan



Question 38 Correct Mark 1.00 out of 1.00

Which of the following does not belong among the regional organizations in the Western Hemisphere? Select one: a. Caribbean Community b. North American Free Trade Agreement c. Gulf Cooperation Council



d. Bolivarian Alliance for the Peoples of Our Americas

The correct answer is: Gulf Cooperation Council

Question 39 Correct Mark 1.00 out of 1.00

This is aims at a more moral and equitable global economic system whereby price is not set by the market rather it is transparently negotiated by both producers and consumers Select one: a. Helping the bottom billion b. Globalization c. Fair Trade d. Trade Protectionism

The correct answer is: Fair Trade

Question 40 Correct Mark 1.00 out of 1.00

Innovations have been in phenomenal in the past centuries and all of these have been advantageous to humans, society and the world Select one: True False 

The correct answer is 'False'.



Question 41 Correct Mark 1.00 out of 1.00

It is a continuing process of forming regions as geopolitical units, as organized political cooperation within a particular group of states, and/or as regional communities such as pluralistic security communities: Select one: a. Globalization b. Internationalization c. Regionalization



d. Universalization

The correct answer is: Regionalization

Question 42 Correct Mark 1.00 out of 1.00

What attribute of a global city refers to having a storehouse of smart, educated, creative people? Select one: a. Connectivity b. Size c. Economic d. Human capital



The correct answer is: Human capital

Question 43 Correct Mark 1.00 out of 1.00

Which of the following is a part of the Preliminary Pages? Select one: a. Statement of the Problem b. Research Design c. Abstract d. Scope and Limitation

The correct answer ...


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