To What Was Political Scientist Robert Lane Referring When Using

question 50

Multiple Choice

To what was political scientist Robert Lane referring when using the term market justice?

• A)Americans prefer that society's material benefits be allocated through the economic marketplace rather than through government policies.
• B)Government should not use fiscal policy to attempt to flatten the ups and downs of a market economy.
• C)Americans should increase the size of the federal welfare state in order to mitigate the harmful influences of the market.
• D)The market tends to eliminate weak businesses and reward strong ones.
• E)The strength of the market economy of the United States is precisely what provides the welfare state with the revenue it needs to help the most underprivileged citizens.

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Definitions:

Cross-cultural Adjustment

The process individuals undergo to adapt to new cultural environments, important in the context of international assignments and global business.

Cultural Knowledge

Cultural knowledge refers to an understanding of the customs, beliefs, and practices of different societies and communities.

Integrative IHRM Approach

A holistic method in international human resource management that combines practices and policies from both the parent company and its international subsidiaries.

Home HR Practices

Human resource management techniques and policies that are applied within the organization's home country, possibly adapted for international operations.