Question 1

The examination of business and its relationship to society typically focuses on

Accepted Answer

A)  big business and highly visible industries.
B)  all business and all industries.
C)  small business and highly visible industries.
D)  none of these.

Question 2

An entitlement mentality is

Accepted Answer

A)  a necessary outgrowth of the welfare system.
B)  an outgrowth of the revolution of rising expectations.
C)  the idea that one has to work for what one gets.
D)  the idea that each citizen owes something to society.

Question 3

The concept of sustainability is derived from the notion of management development.

Accepted Answer

A) True 
 B)False

Question 4

CEOs such as Bill Gates of Microsoft or Carly Fiorina at Hewlett-Packard hold which level of power?

Accepted Answer

A)  macro
B)  micro
C)  individual
D)  intermediate

Question 5

Which of the following is not a factor in the social environment that has lead to the current climate of criticism of business?

Accepted Answer

A)  affluence and education
B)  the revolution of rising expectations
C)  an entitlement mentality
D)  the Protestant work ethic

Question 6

Power is only manifest when it is used purposefully.

Accepted Answer

A) True 
 B)False

Question 7

A gap between society's expectations of social conditions and the current social realities is recognized as

Accepted Answer

A)  a social problem.
B)  distributive justice.
C)  the revolution of rising expectations.
D)  inevitable reality.

Question 8

Which of the following is not a weakness of pluralism?

Accepted Answer

A)  prevention of concentrations of power
B)  pursuit of self-interest
C)  overlapping goals,causing confusion about which groups best serve particular interests
D)  emphasis on conflict A

Question 9

The set of two-way understandings that characterize the relationships between major social institutions is called the

Accepted Answer

A)  implied contract.
B)  unilateral binding accord.
C)  social contract.
D)  procedural justice agreement.

Question 10

Gross national product,inflation,interest rates,and unemployment rates are included in a firm's

Accepted Answer

A)  social environment.
B)  economic environment.
C)  political environment.
D)  technological environment.

Question 11

Movies are a significant source of business criticism because

Accepted Answer

A)  corporations are seen as powerful,profit-seeking enterprises that have no redeeming values.
B)  corporations are depicted as moral.
C)  corporations represent free enterprise undoomed.
D)  businesses are not greedy.

Question 12

When a business affects the life of a member of the surrounding community without meaning to,the company has wielded

Accepted Answer

A)  coercive power.
B)  deliberate power.
C)  hidden power.
D)  unintentional power.

Question 13

Provide a short answer to each of these questions.Be sure to fully explain your answer.
Explain the role that television plays in creating a climate critical of business.

Accepted Answer

Television is,by far,the most pervasive medium through which information is conveyed in our society.Thus,the content of television programming outweighs information provided by all other media.Specifically,television has spotlighted business failings on news programs,it depicts business and executives in a predominantly negative light on prime-time programs,and commercials (purchased by business)tend to exaggerate the benefits of the featured products and services.

Question 14

Ethics refers to issues of right and wrong,fairness,and justice.

Accepted Answer

A) True 
 B)False

Question 15

A child's assumption that he or she will have a higher standard of living than the previous generation is called the revolution of rising expectations.

Accepted Answer

A) True 
 B)False

Question 16

The processes by which laws are enacted and government officials are elected are part of the

Accepted Answer

A)  social environment.
B)  economic environment.
C)  political environment.
D)  technological environment.

Question 17

Technology-based advancements and progress in the applied sciences that help achieve a practical purpose is part of a firm's

Accepted Answer

A)  social environment.
B)  political environment.
C)  economic environment.
D)  technological environment. D

Question 18

Business interacts with only a limited number of stakeholder groups.

Accepted Answer

A) True 
 B)False

Question 19

The belief that each succeeding generation should have a higher standard of living than its predecessor and that major institutions should continually improve is known as

Accepted Answer

A)  the revolution of rising expectations.
B)  the iron cage of rationality.
C)  the iron law of oligarchy.
D)  the soft bigotry of low expectations.

Question 20

The most important stakeholders of a business are typically its

Accepted Answer

A)  employees.
B)  government.
C)  consumers.
D)  owners.

Exam 1: The Business and Society Relationship

The examination of business and its relationship to society typically focuses on

Correct Answer
verified

An entitlement mentality is

Correct Answer
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The concept of sustainability is derived from the notion of management development.

Correct Answer
verified

CEOs such as Bill Gates of Microsoft or Carly Fiorina at Hewlett-Packard hold which level of power?

Correct Answer
verified

Which of the following is not a factor in the social environment that has lead to the current climate of criticism of business?

Correct Answer
verified

Power is only manifest when it is used purposefully.

Correct Answer
verified

A gap between society's expectations of social conditions and the current social realities is recognized as

Correct Answer
verified

Which of the following is not a weakness of pluralism?

Correct Answer
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A

The set of two-way understandings that characterize the relationships between major social institutions is called the

Correct Answer
verified

Gross national product,inflation,interest rates,and unemployment rates are included in a firm's

Correct Answer
verified

Movies are a significant source of business criticism because

Correct Answer
verified

When a business affects the life of a member of the surrounding community without meaning to,the company has wielded

Correct Answer
verified

Provide a short answer to each of these questions.Be sure to fully explain your answer. Explain the role that television plays in creating a climate critical of business.

Ethics refers to issues of right and wrong,fairness,and justice.

Correct Answer
verified

A child's assumption that he or she will have a higher standard of living than the previous generation is called the revolution of rising expectations.

Correct Answer
verified

The processes by which laws are enacted and government officials are elected are part of the

Correct Answer
verified

Technology-based advancements and progress in the applied sciences that help achieve a practical purpose is part of a firm's

Correct Answer
verified
D

Business interacts with only a limited number of stakeholder groups.

Correct Answer
verified

The belief that each succeeding generation should have a higher standard of living than its predecessor and that major institutions should continually improve is known as

Correct Answer
verified

The most important stakeholders of a business are typically its

Correct Answer
verified

Exam 1: The Business and Society Relationship

The examination of business and its relationship to society typically focuses on

Correct AnswerverifiedShow Answer

An entitlement mentality is

Correct AnswerverifiedShow Answer

The concept of sustainability is derived from the notion of management development.

Correct AnswerverifiedShow Answer

CEOs such as Bill Gates of Microsoft or Carly Fiorina at Hewlett-Packard hold which level of power?

Correct AnswerverifiedShow Answer

Which of the following is not a factor in the social environment that has lead to the current climate of criticism of business?

Correct AnswerverifiedShow Answer

Power is only manifest when it is used purposefully.

Correct AnswerverifiedShow Answer

A gap between society's expectations of social conditions and the current social realities is recognized as

Correct AnswerverifiedShow Answer

Which of the following is not a weakness of pluralism?

Correct AnswerverifiedA

The set of two-way understandings that characterize the relationships between major social institutions is called the

Correct AnswerverifiedShow Answer

Gross national product,inflation,interest rates,and unemployment rates are included in a firm's

Correct AnswerverifiedShow Answer

Movies are a significant source of business criticism because

Correct AnswerverifiedShow Answer

When a business affects the life of a member of the surrounding community without meaning to,the company has wielded

Correct AnswerverifiedShow Answer

Provide a short answer to each of these questions.Be sure to fully explain your answer. Explain the role that television plays in creating a climate critical of business.

Ethics refers to issues of right and wrong,fairness,and justice.

Correct AnswerverifiedShow Answer

A child's assumption that he or she will have a higher standard of living than the previous generation is called the revolution of rising expectations.

Correct AnswerverifiedShow Answer

The processes by which laws are enacted and government officials are elected are part of the

Correct AnswerverifiedShow Answer

Technology-based advancements and progress in the applied sciences that help achieve a practical purpose is part of a firm's

Correct AnswerverifiedD

Business interacts with only a limited number of stakeholder groups.

Correct AnswerverifiedShow Answer

The belief that each succeeding generation should have a higher standard of living than its predecessor and that major institutions should continually improve is known as

Correct AnswerverifiedShow Answer

The most important stakeholders of a business are typically its

Correct AnswerverifiedShow Answer

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A

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D

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