Some Sociologists Worry That Globalization Is Leading to the Creation

question 11

Multiple Choice

Some sociologists worry that globalization is leading to the creation of a global culture where the values of the most powerful and affluent overwhelm the strength of local customs and tradition.This process is called

• A) hyperglobalization.
• B) Westernization.
• C) cultural imperialism.
• D) differentiation.

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Definitions:

Earnings Per Share

A financial metric that measures the profitability of a company by dividing its net income by the number of outstanding shares of its common stock.

Dividend Yield

A financial metric that illustrates the proportion of dividends a company distributes annually compared to its share price.

Book Value

The net value of an asset as recorded on the balance sheet, calculated as the asset's cost minus accumulated depreciation.

Debt-to-equity Ratio

The debt-to-equity ratio is a financial leverage indicator that compares a company's total liabilities to its shareholder equity.