Global Business issues

A political system in which political power is monopolized by a party, group, or individual that governs according to religious principles

A political system in which one person or political party exercises absolute control over all spheres of human life and prohibits opposing political parties

A version of collectivism advocating that socialism can only be achieved through a totalitarian dictatorship

The political system that believes in state ownership of a country’s means of production, distribution, and exchange so that all can benefit

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

A system of values and norms that are shared among a group of people and that when taken together constitute a design for living

Norms that are seen as central to the functioning of a society and to its social life

The hierarchical categories within a society, defined on the basis of such elements as family background, income, and occupation

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

A less rigid social stratification system, in which mobility is possible depending on a person’s achievements or even just luck

A condition where people tend to perceive themselves in terms of their class background, shaping how they relate with members of other classes

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

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