Global Business issues

  1. Theocratic totalitarianism
    A political system in which political power is monopolized by a party, group, or individual that governs according to religious principles
  2. Totalitarianism
    A political system in which one person or political party exercises absolute control over all spheres of human life and prohibits opposing political parties
  3. Communist totalitarianism
    A version of collectivism advocating that socialism can only be achieved through a totalitarian dictatorship
  4. Socialism
    The political system that believes in state ownership of a country’s means of production, distribution, and exchange so that all can benefit
  5. Right-wing totalitarianism
    A political system in which political power is monopolized by a party, group, or individual that generally permits individual economic freedom but restricts individual political freedom, including free speech, often on the grounds that it would lead to the rise of communism
  6. Culture
    A system of values and norms that are shared among a group of people and that when taken together constitute a design for living
  7. Mores
    Norms that are seen as central to the functioning of a society and to its social life
  8. Social strata
    The hierarchical categories within a society, defined on the basis of such elements as family background, income, and occupation
  9. Caste system
    A closed system of stratification in which social position is determined by the family into which a person is born, and change out of that strata is usually not possible during a person’s lifetime
  10. Class system
    A less rigid social stratification system, in which mobility is possible depending on a person’s achievements or even just luck
  11. Class consciousness
    A condition where people tend to perceive themselves in terms of their class background, shaping how they relate with members of other classes
  12. Masculinity versus femininity
    Extent to which a society differentiates and emphasizes traditional gender and work roles; a masculine characterization means there is more differentiation, whereas a feminine level means there is less
  13. Individualism versus collectivism
    Extent to which a society teaches individuals either to prize personal achievement or to conversely look after the interests of their collective first and foremost
Card Set
Global Business issues
Vocab and questions for global business test