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ISS > Final > Flashcards

Final Flashcards

1
Q

What is globalization? Who gains from it? Who loses?

A

international integration arising from the interchange of world views, products, ideas, and other aspects of culture. Workers with low skill and low income lose

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2
Q

What countries did the author of Where Am I Wearing visit?

A

Bangladesh, Cambodia, China, US

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3
Q

What were the working and living conditions in Bangladesh?

A

low pay, bad living conditions, extremely cramped living quarters

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4
Q

What were the working and living conditions in Cambodia?

A

minefield, factory workers live 8 to a room

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5
Q

What were the working and living conditions in China?

A

worked many hours and lied about hours, china rapidly changing some parts shitty some parts arent

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6
Q

What were the working and living conditions in the US?

A

made more money, shorter hours, factories were safter

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7
Q

What is social class?

A

hierarchy difference between groups of people, self perpetuating

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8
Q

What are the three main social classes?

A

capitalist, middle, working

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9
Q

Give two examples of a job in the capitalist class

A

CEOs, COOs

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10
Q

Give two examples of a job in the middle class

A

doctors and lawyers

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11
Q

Give two examples of a job in the working class

A

waiters, janitors

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12
Q

What percentage of the US is in the capitalist class?

A

2%

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13
Q

What percentage of the US is in the working class?

A

62%

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14
Q

What percentage of the US is in the middle class?

A

36%

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15
Q

Do equal percentages of lower and higher income young adults go to college?

A

no higher income young adults go more

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16
Q

What phrase describes changes in income in the US from the end of WWII to about the early 70s?

A

a rising tide lifts the boats

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17
Q

What phrase describes changes in income in the US from the early 70s to today?

A

the rich get richer the poor get poorer

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18
Q

When productivity goes up, do wages stay the same?

A

no wages have stayed the same but productivity is increasing. But they did up until the 70s

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19
Q

How much is CEO pay in the US compare, compared to average worker pay?

A

325x

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20
Q

How does income inequality in the US compare to other developed countries?

A

its higher

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21
Q

How do taxes on the wealthy in the US currently compare to what they were in the 1950s and 1960s?

A

lower

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22
Q

Are taxes in the US high or low compared to other industrialized countries?

A

lower

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23
Q

Do tax cuts for the wealthy reliably lead to more jobs?

A

no, sometimes they sometimes they dont, no pattern

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24
Q

How were the outcomes of the plant closings in the video different? What explains the differences?

A

Sweden forces corporations to pay for unemployment if a plant closes

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25
Q

How are the goals of government organizations and corporations typically different?

A

Government is to serve, protect, and help people. Corporations try to make money

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26
Q

What are government organizations typically good at?

A

serve everyone and provide infrastructure, taking in everybody’s opinion

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27
Q

What are corporations typically good at?

A

make money and create wealth, innovating quickly

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28
Q

Is the government generally inefficient compared to the private sector?

A

no more efficient that perceived

29
Q

What is neoliberal capitalism?

A

seeks to maximize the role of the private sector in determining the political and economic priorities of the state

30
Q

What are neoliberal capitalism its strengths and weakness?

A

S: creation of wealth, wide variety of prices
W:Globalization can subvert nations’ ability for self-determination

31
Q

What countries are largely capitalist today?

A

canada, us

32
Q

What is social democracy?

A

certain things society should provide for everyone ex: healthcare

33
Q

What are social democracy its strengths and weaknesses?

A

S: high standard of living, common good
W: high taxes

34
Q

What countries are social democracies?

A

Sweden, norway, finland

35
Q

What is communism?

A

a theory or system of social organization based on the holding of all property in common, actual ownership being ascribed to the community as a whole or to the state.

36
Q

What are communism its strengths and weaknesses?

A

S: More equality
W: less prosperity, political oppression

37
Q

What counties were communist at the height of the Cold War?

A

russia, cuba, china, eastern europe

38
Q

What countries identify themselves as communist today?

A

north korea, cuba, china, vietnam, laos

39
Q

Of the current communist countries which are hybrids?

A

China and vietnam

40
Q

What famous book did Adam Smith right?

A

An inquiry into the nature and causes of the Wealth of Nations

41
Q

What is the invisible hand?

A

people acting in their own self interest for better as a whole

42
Q

What is Creative Destruction?

A

some industries will come and go due to technology

43
Q

What 2 famous works did Karl Marx and Frederick Engels write?

A

The Communist Manifesto and Das Kapital

44
Q

What happens when inequality gets too extreme?

A

rebellions

45
Q

What concept related to job satisfaction did Marx write about?

A

alienation

46
Q

Does the US spend more or less on health care per person that most other developed nations?

A

a lot more

47
Q

Does the US have better health outcomes than most other developed nations?

A

no lower

48
Q

Currently is health care in the US entire private or mixed?

A

mixed

49
Q

What is cognitive dissonance? Give an example

A

Refers to having 2 conflicting ideas in your mind but not trying to resolve them. Example: Boss says if youre late one more time you’re fired but you see someone in an accident you wanna help

50
Q

What is skill variety? Give an example of low skill and high skill variety.

A

involves the number of different types of skills that are used to do a job. High skill variety would be a social worker while low skill variety would be a factory worker.

51
Q

What is task identity?

A

Matter of realizing a visible outcome from performing a task

52
Q

What is task significance?

A

The importance of one’s job. For example a police officer.

53
Q

What is autonomy?

A

Self-directing, for example a manager or a boss.

54
Q

What is feedback from job?

A

Like a supervisor coming in and giving thoughts and ideas about a store compared to another.

55
Q

Define Satisficing and Give an example. Is it still useful? Why or why not?

A

Good enough but not perfect in decision making process (not following all 6 steps). Ex: choosing colleges but not going through every college in the world. It is still useful because it saves time.

56
Q

Define Intuition and give an example. Is it still useful? Why or why not?

A

Can’t quite explain it but you have seen the situation before and have a feeling what will happen next. Ex: “feel” when a tornado is coming.

57
Q

What is the self-fulfilling prophecy? Give an example

A

How an individual’s behavior is determined by others expectations. Ex: If a manager expects big things from someone they will try their hardest not to let them down.

58
Q

What is the fundamental attribution error? Give an example

A

When we tend to underestimate the influence of external factors and overestimate the influence of internal or personal factors. Ex: manager blames laziness rather than a competitor.

59
Q

What is the different between content and process theories of motivation?

A

Content says we can tell what motivates you. Process theories don’t say exactly what motivates you how it works.

60
Q

What has more research support, process theories or content theories?

A

process

61
Q

Which theories are content theories and which ones are process?

A

Content: maslow Process: expectancy, equity

62
Q

Explain the Expectancy Theory.

A

motivation = expectancy x instrumentality x valence

63
Q

Define expectancy. Give an example

A

The probability perceived by the individual that exerting a given amount of effort will lead to performance. EX: If I study for 3 hours between now and thursday will i get a good grade?

64
Q

Define instrumentality. Give an example.

A

Is it key to getting something else. EX: Will it get me a good grade?

65
Q

Define valence. Give an example.

A

If I’m rewarded, do those rewards appeal to me? EX: Does getting a 4.0 matter?

66
Q

Explain the Equity Theory.

A

How motivated you are compared to others. If you are underrewarded you have -inequity. If you get overrewarded you have +inequity

67
Q

How do people respond to the equity theory?

A

They want change if its negative, won’t care if its positive.

68
Q

Describe the open systems view of organizations

A

input(ex:student) - transformation(classes) - output(degree) all over external environment(what do employers think of out grads?)

ISS (4 decks)

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