How Does the Modern World System Affect Ethnographers

question 50

Multiple Choice

How does the modern world system affect ethnographers?

• A) There are almost no truly isolated cultures left, making it difficult to do real ethnographic research.
• B) They need to be aware of the fact that any culture they study is influenced by and has influence on other cultures.
• C) They must be careful when comparing their findings to those who did work in the first half of the 20th century, when there were many isolated cultures.
• D) There are no more indigenous peoples.
• E) It has brought about a blending of the races, which makes it harder to identify specific cultures.

Understand the impact of technology on service processes and the customer experience.

Understand the concept of the time value of money and its application in investment decision-making.

Learn to calculate and interpret the net present value (NPV) of an investment.

Understand and apply the profitability index (PI) in investment evaluation.

---

Definitions:

Compounded Semi-Annually

A method of calculating interest where the interest is added to the principal twice a year, leading to interest on interest.

Monthly Contributions

Regular payments made into a financial scheme, savings, or investment plan every month.

Interest Earned

The amount of money gained as interest from an investment or savings over a period of time.

Compounded Monthly

A method of calculating interest where the accumulated interest is added to the principal at the end of each month, leading to an increase in the amount of future interest.