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Contemporary world week 2

Social media has become a ubiquitous part of daily life, but this growth and evolution has been in the
works since the late 70s. From primitive days of newsgroups, listservs and the introduction of early
chat rooms, social media has changed the way we communicate, gather and share information, and
given rise to a connected global society (Morrison, 2015). This evolution of social media is what
aspect of globalization? b. Sociological

_____ is the timeframe over which a thing is created, passed on to exhibit, and over the long run
removed from the world market. d. Item life cycle

Dabbing, or the dab, is a simple dance move in which a person drops the head into the bent crook of
a slanted arm, typically while raising the opposite arm in a parallel direction but out straight; both
arms are pointed to the side and at an upward angle. Since 2015, it has also been used as a gesture
of triumph or playfulness, becoming a youthful American dance fad and Internet meme (Ducey,

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2015). Since the trend has gone viral, young Filipinos also picked it up as a playful pose. The dab

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fad in the Philippines is what aspect of globalization? b. Cultural

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Which of the following statements is not true about globalization?

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Select one:
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a. 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.

Britain, France, Germany, Russia, Netherlands, Japan, and the United States colonized countries
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spread their empires. These nations have created global economic, political, cultural, and social
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connections around the world. The extending of a country's power and influence is called: b.
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Imperialism

The United Nations came into being in 1945, following the devastation of the Second World War,
with one central mission: the maintenance of international peace and security. The UN does this by
ed d

working to prevent conflict; helping parties in conflict make peace; peacekeeping; and creating the
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conditions to allow peace to hold and flourish. What aspect of globalization deals with the
establishment of UN in order to maintain international peace and security? c. Political

Economic globalization is the increasing economic interdependence of national economies across


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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
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premised on growth and expansion, a globalized economy is the inevitable result of


________________. c. Capitalism

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 ____________. b. Outsourcing

The 2016 Global Estimates of Child Labour indicate that one-fifth of all African children are involved
in child labour, a proportion more than twice as high as in any other region. Nine per cent of African
children are in hazardous work, again highest of all the world's regions. Africa has the largest

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number of child labourers; 72.1 million African children are estimated to be in child labour and 31.5
million in hazardous work (International Labour Organization, 2017). The statement means
that: d. Child labor deprives children of their childhood.

Which of the following statements is true about the effects of globalization?

Select one:
a. Globalization promotes interconnection among diverse national economies.
b. Globalization has influenced the standard of life and personal satisfaction of people and
families throughout the world.
c. Globalization creates a more level playing field between nations and businesses.
d. All of the choices.

week 3 – 4

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KFC was founded by Colonel Harland Sanders, an entrepreneur who began selling fried chicken

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from his roadside restaurant in Corbin, Kentucky during the Great Depression. Sanders identified the
potential of the restaurant franchising concept, and the first "Kentucky Fried Chicken" franchise

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opened in Utah in 1952. By 1963, Sanders was fielding franchise requests without having to put in
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the legwork, and had more than 600 restaurants across the US and Canada selling Kentucky Fried
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Chicken. Years later, Kentucky Fried Chicken would establish its own restaurants around the world,
and the rest is history. The success of KFC as a business is what attribute of global corporations?
c. Value opportunity to expand
o

The Millennium Development Goals were the eight international development goals created by the
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United Nations for the year 2015 to address the different problems in the world. Which of the
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following ranked first in the eight development goals? a. Eradicate extreme hunger and poverty

In his book, The Modern World System, American sociologist Immanuel Wallerstein described high-
ed d

income nations as the ____ of the world economy. d. Core


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The level of personal or family income below which one is classified as poor according to
governmental standards: d. Poverty line
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The United Nations defines _____ as a condition characterized by severe deprivation of basic
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human needs including food, safe drinking water, sanitation facilities, health, shelter, education and
information. c. Extreme poverty

Which of the following is not true about the history of global market integration? d. The high
costs of and the risks associated with long voyages did not limit trade to a relatively small set of
commodities of high value relative to their weight and bulk.

Which of the following statements is not true? b. Economic globalization is the independence
of world economies as a result of the growing scale of cross-border trade of commodities and
services.

Which of the following statements is not true?

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Select one:
a. Membership in the regional development banks is limited to countries from the region.

With around 20,000 stores in 63 countries, Starbucks, the world's most popular coffee house has
made its mark from Brazil to China, where many thought it would fail to take off due to the cultural
importance of tea drinking. The company has gone to great lengths to make sure that every
Starbucks feels like a local coffee house, without losing brand consistency. For example, in China, a
regional dislike for coffee was combatted with coffee-free drinks, whilst stores in Asia feature more
adaptable seating arrangements to cater for larger groups. This effort is what attribute of
a global corporation? b. Understand different cultures

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?

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c. Multilateral Development Banks

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Premil

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Conflicts in Central America made major progress toward a peaceful settlement, thanks to an active
role played by the United Nations. A general election was held on February 25, 1990. What was the
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name of the committee established by UN in response to a request by Central American countries,
which started its activity to ensure the dissolution and repatriation of the anti-government
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guerrillas? b. Committee on International Assistance and Verification


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Which of the following examples does not refer to resources and markets as factors affecting
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economic globalization d. The founding of the Association of Southeast Asian Nations (ASEAN)

Which of the following examples refers to historical factor influencing economic globalization? c.
ed d

Europeans traveled around the globe to barter crafts and furs in exchange for silks and perfumes in
the Middle Ages
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Based on the Modern World System of Immanuel Wallerstein, which of the following statements is
incorrect? c. The semi-periphery of the world economy is the manufacturing base of the planet.
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Long before Airbnb persuaded strangers to sleep in one another's homes and became a $25 billion
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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 globalcorporations
contributed to the success of Airbnb? d. Turbo-charged by the internet

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Which of the following examples refers to political factor influencing economic globalization? b.
The founding of the World Trade Organization (WTO)

According to Albert Subbloie, CEO and Founder of Tangoe, a good benchmark of whether your
company should continue efforts in a country is when _______ percent of your business is coming
from outside the United States.

Select one:
a. 20-50%

The United Nations came into being in 1945, following the devastation of the Second World War,
with one central mission: the maintenance of international peace and security. The United Nations is
responsible for maintaining ceasefires and stabilizing situations on the ground, providing crucial
support for political efforts to resolve conflict by peaceful means. Those missions consisted of
unarmed military observers and lightly armed troops with primarily monitoring, reporting and

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confidence-building roles. Which unit of the United Nations is responsible for these efforts? a.
Security Council

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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

o.
areas, making the second largest financial contributions among the member States next only to the
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United States: b. Japan

A group of people who has the ultimate authority to act on behalf of a state is called: c.
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Government
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Which of the following is not true about the attributes of global corporations? c. 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.
ed d

The following statements are correct about globalization except for the following: c. Globalization
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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 European Union grew out of a desire for peace in a war-torn and divided continent. Five years
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after World War II ended, France and Germany came up with a plan to ensure their two countries
would never go to war against each other again. The result was a deal signed by six nations to pool
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their coal and steel resources in 1950. Seven years later a treaty signed in Rome created the
European Economic Community (EEC) - the foundations of today's European Union. The UK was
one of three new members to join in the first wave of expansion in 1973. Today the EU has 28
member states with a total population of more than 500 million (bbc.com). The founding of the
European Union is influenced by what aspect of globalization? c. Political

This includes private economy, educational institutions, churches, hospitals, fraternal organizations,
and other non-profit organizations: d. Civil society

The level of riches, comfort, material merchandise, cash and necessities accessible to a specific
financial class in a specific region is called: a. Way of life

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

The five Multilateral Development Banks are composed of the following, except: d. Green
Climate Fund

The decision, the conflict, and the resolution of that conflict are done through the ______ of the
government established and codified in that particular state, whether or not through elections: a.
Institution

What is the timeframe over which a product is created, passed on to exhibit, and over the long run
removed from the world market? d. Item life cycle

Social media has become a ubiquitous part of daily life, but this growth and evolution has been in the

m
works since the late 70s. From primitive days of newsgroups, listservs and the introduction of early

er as
chat rooms, social media has changed the way we communicate, gather and share information, and

co
given rise to a connected global society (Morrison, 2015). This evolution of social media is what

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aspect of globalization? a. Sociological

o.
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One of the traditional challenges of a country is an invasion of other countries, which is also
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called: b. External intervention
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ed d
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