The Tendency to Assume That One's Own Culture and Way

question 96

Multiple Choice

The tendency to assume that one's own culture and way of life represent the norm or are superior to all others is called

• A)culture shock.
• B)cultural relativism.
• C)ethnocentrism.
• D)value stability.

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Definitions:

Corporation B

A term that likely refers to a specific entity within a context, but without further information, it's undefined in its application here.

Dividends

Funds disbursed by a company to its members who hold shares, generally sourced from the company's income.

EBIT

Excluding interest and tax payments, Earnings Before Interest and Taxes provides an assessment of a firm's economic performance.

Leverage

The use of borrowed money (debt) to amplify the potential return on investment.