At a Reception for the New Junior Associates, Matthew Bonded

question 22

Multiple Choice

At a reception for the new junior associates, Matthew bonded with a partner of his law firm over their shared passion for fine French wines, a taste his parents instilled in him. Mathew was assigned to work with that partner, which resulted in Matthew receiving a promotion. How would Pierre Bourdieu explain this?

• A) Matthew never loses the opportunity to show off his wealth.
• B) This case demonstrates that the United States is a meritocracy.
• C) Matthew used his cultural capital to benefit his career.
• D) Intersectionality can explain Matthews privileged treatment.

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Definitions:

Earnings Per Share

A financial metric used to measure a company's profitability, calculated as net income divided by the number of outstanding shares of its common stock.

Common Stock

A type of security that represents ownership in a corporation, giving holders voting rights and a share in the company's profits.

Preferred Stock

A class of shares offering ownership in a company with fixed dividends and priority over common stock in asset liquidation, but typically without voting rights.

Revised Model Business

A business model that has been updated or adjusted to reflect changes in the market, technology, or company strategy.