BBM 1st Semester
Sociology For Business Board Question Paper 2023

Mention four assumptions of conflict perspective.

Differentiate between social values and norms.

What is meant by informal social control? Give examples.

Discuss three sectors of economy, in brief.

Write down any four causes of gender inequality.

Define the term 'cultural hybridity' with suitable examples.

What are the external sources of social change?

List out steps in literature review.

What is meant by research design? Write down its two features.

Shortly write the relationship between work and leisure.

Define sociology. Explain its characteristics.

Discuss roles of family in socialization of its members in society.

Define business acumen. Highlight its significance in business.

How does functionalist approach explain social stratification of society?

Define labor market. Discuss key area of concern for sociology of labor market.

What is meant by post-modernity? Explain its features.

Discuss types of probability sampling with examples.

Define anthropology. How does anthropological knowledge help on business and management? Explain it with examples.

What do you mean by sociology of entrepreneurship? How does P.H. Thornton explain it in his article 'The Sociology of Entrepreneurship'?

Define corporate governance. Discuss the various theories of corporate governance.

Explain religion based on major sociological theories.

Read the following case carefully and answer the questions that follow:
According to Giovanni Arrighi, an Italian sociologist, capitalism first emerged in its mercantile form during the 14th century. It was a system of trade developed by Italian traders who wished to increase their profits by evading local markets. This new system of trade was limited until growing European powers started to profit from long-distance trade, as they began the process of colonial expansion. For this reason, American sociologist William I. Robinson dates the beginning of mercantile capitalism at Columbus's arrival in America in 1492. Either way, at this time, capitalism was a system of trading goods outside of one's immediate local market in order to increase profit for the traders. It was the rise of the "middle man." It was also the creation of the seeds of the corporation—the joint stock companies used to broker the trade in goods, like the British East India Company. Some of the first stock exchanges and banks were created during this period as well, in order to manage this new system of trade.
As time passed and European powers like the Dutch, French, and Spanish rose to prominence, the mercantile period was marked by their seizure of the control of trade in goods, people (as enslaved individuals), and resources previously controlled by others. They also, through colonization projects, shifted production of crops to colonized lands and profited off of enslaved and wage-enslaved labor. The Atlantic Triangle Trade, which moved goods and people between Africa, the America, and Europe, thrived during this period. It is an exemplar of mercantile capitalism in action.
This first epoch of capitalism was disrupted by those whose ability to accumulate wealth was limited by the tight grasp of the ruling monarchies and aristocracies. The American, French, and Haitian Revolutions altered systems of trade, and the Industrial Revolution significantly altered the means and relations of production. Together, these changes ushered in a new epoch of capitalism.
Questions:
a. What was capitalism? Why did it emerge and develop during the 14th century?
b. "Capitalism was not only the rise of the middle man but also the creation of the seeds of the corporation." Justify it.
c. Mention three distinct epochs of the development of capitalism.
d. Which sociological perspective can be suitable to analyze the above case?