In Recent Years, Cultures Have Become More Similar to Each

question 6

Multiple Choice

In recent years, cultures have become more similar to each other as a result of travel and communication. Sociologists use the term_______ to describe this process.

• A) cultural adaptation
• B) cultural levelling
• C) cultural dissolution
• D) cultural hegemony
• E) cultural bridging

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Definitions:

Dividend

A portion of a company's earnings distributed to shareholders, usually in the form of cash or additional shares.

Jensen Measure

A performance metric that calculates the excess return of a portfolio over the predicted return by the Capital Asset Pricing Model (CAPM).

Risk-Free Return

The return on an investment with no risk of financial loss, typically associated with government bonds.

Treynor Measure

A performance metric on investment funds that accounts for the risk taken by the investment relative to the market risk as measured by beta.