Judging Other Cultures by the Standards of One's Own on the Assumption

question 93

Multiple Choice

Judging other cultures by the standards of one's own on the assumption that one's own is superior is known as

• A) ethnocentrism.
• B) xenophobia.
• C) elitism.
• D) cultural relativism.

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Definitions:

Creditors

Individuals, companies, or institutions to whom money is owed by debtors for goods or services that have been provided but not yet paid for.

Purchase of Assets

involves acquiring assets of a company rather than its stock, usually in the context of mergers and acquisitions, focusing on buying specific assets like equipment, inventories, and property.

TradeMarks

Symbols, words, or phrases legally registered or established by use as representing a company or product.

Appraisal Rights

The right of shareholders to have their shares appraised and to receive monetary compensation in lieu of accepting the terms of certain corporate actions, like mergers.