Ch2

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Ch2

  1. 1. COURSES > BUSINESS, GOVERNMENT, AND SOCIETY:A MANAGERIAL PERSPECTIVE, TEXT AND CASES, 12/E- STEINER > CONTROL PANEL > POOLMANAGER > POOL CANVAS Pool CanvasAdd, modify, and remove questions. Select a question type from the Add Question drop-down list and click Go toadd questions. Use Creation Settings to establish which default options, such as feedback and images, areavailable for question creation. Add Multiple Choice Creation Settings Name Chapter 02 The Dynamic Environment Description Questions which Blackboards assessment component is incapable of supporting are not included in the export. Instructions Add Question Here Question 1 True/False Question Industrial growth increases the living standards of society. Answer True False Correct Feedback correct Incorrect Feedback incorrect Add Question Here Question 2 True/False Question Industrial growth changes the values of society. Answer True False Correct Feedback correct Incorrect Feedback incorrect Add Question Here Question 3 True/False Question The total amount of goods and services created in world GDP in the 20th century is less than all of the goods and services produced in recorded human history. Answer True False Correct Feedback correct Incorrect Feedback incorrect Add Question Here True/False
  2. 2. Question 4 Question The Gini index is a statistic in which 0 percent stands for absolute inequality, where one person has all the income. Answer True False Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 5 True/False Question The industrial revolution increased wealth by solving the problem of uneven distribution of wealth. Answer True False Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 6 True/False Question The industrial revolution decreased the gap between the rich and poor around the world. Answer True False Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 7 True/False Question When the Gini index is used, inequality is decreased as the percentage rises toward 100 percent. Answer True False Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 8 True/False Question Economic growth by itself increases income inequality within modern nations. Answer True False Correct Feedback correct
  3. 3. Incorrect Feedback incorrect Add Question HereQuestion 9 True/False Question During industrialization, incomes of the poorest people rise in proportion to the rise in average income for the country as a whole. Answer True False Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 10 True/False Question The vast majority of the poor people on earth live in economies that have been transformed by industrial growth. Answer True False Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 11 True/False Question If capitalism is harnessed to create economic growth, the poor in that country will benefit. Answer True False Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 12 True/False Question The HDI index is based on the assumption that income alone is an adequate measure of the standard of living. Answer True False Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 13 True/False Question The modern nation-state arose out of the ruin of the Roman Empire. Answer
  4. 4. True False Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 14 True/False Question Changes in the business environment can sometimes result from unknown and unpredictable causes. Answer True False Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 15 True/False Question Trade liberalization occurs when nations promote trade by easing tariff restrictions but not non-tariff restrictions. Answer True False Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 16 True/False Question A new technology can be either an opportunity or a threat to businesses. Answer True False Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 17 True/False Question Values that are based on the assumption of affluence are called postmodern values. Answer True False Correct Feedback correct Incorrect Feedback incorrect Add Question Here
  5. 5. Question 18 True/False Question Business is encouraged but not constrained by government. Answer True False Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 19 True/False Question In the United States, in 1913, spending was 8 percent of GDP, but by 2003 it had risen to 35 percent. Answer True False Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 20 True/False Question In the U.S., the government can regulate just about every aspect of business if it decides to do so. Answer True False Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 21 True/False Question The legal environment of business includes legislation, regulation and litigation. Answer True False Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 22 True/False Question Ethical behavior goes beyond what is required by law. Answer True False Correct Feedback correct Incorrect Feedback incorrect
  6. 6. Add Question HereQuestion 23 True/False Question Guidelines are often derived from emerging international conduct standards. Answer True False Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 24 True/False Question Economic activity is a geophysical force in society. Answer True False Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 25 True/False Question Business can shape society but it cannot change the course of history. Answer True False Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 26 Multiple Choice Question This is a plausible story of the future based on assumptions about how current trends might play out. Answer Proposition. Scenario. Historical force. Premiss. Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 27 Multiple Choice Question This is an economic policy of lowering tariffs and other barriers to encourage trade. Answer
  7. 7. Liberalization. Industrial revolution. Automated export system. Populism. Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 28 Multiple Choice Question Which of the following statements about historical forces is true? Answer It is of known origin. It is divided into six separate but related forces. It is a social force. It causes a distinct chain of events. Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 29 Multiple Choice Question Which of the following statements about the industrial revolution is true? Answer It was a statistical measure of inequality in society. It was the creation of networks of human interaction that span worldwide distances. It was the transforming changes that turned agricultural economies into industrial economies. It was formed of three elements, a ruling authority, citizens and a territory with fixed borders. Correct correct Feedback Incorrect incorrect Feedback Add Question HereQuestion 30 Multiple Choice Question All of the following statements about the industrial revolution are true EXCEPT: Answer It requires specific conditions like a sufficiency of capital, labor, natural resources, etc. It elevates living standards. It shifts values. It promoted an explosive economic growth that lessened the gap between the rich and poor. Correct correct Feedback
  8. 8. Incorrect incorrect Feedback Add Question HereQuestion 31 Multiple Choice Question This is a statistical measure of global income inequalities. Answer Human development index. Edi. Gini index. Grdi. Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 32 Multiple Choice Question The Gini index ranges between: Answer Zero to minus one. Zero percent and 100 percent. Minus one to plus one. One percent and 50 percent. Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 33 Multiple Choice Question What is measured by the Gini index? Answer Dispersion of education and information. Income inequality. Progress of humanity. Global retail development. Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 34 Multiple Choice Question All of the following statements about the Gini index are true EXCEPT: Answer 0 percent stands for absolute equality. It measures both income dispersion and progress of humanity. 100 percent represents absolute inequality. Inequality becomes greater as the percentage figure rises toward 100. Correct
  9. 9. Feedback correct Incorrect incorrect Feedback Add Question HereQuestion 35 Multiple Choice Question According to the Gini index, the cause of most of the rise in world income inequality is: Answer A growing gap between the peoples of rich and poor nations. The increasing trend toward liberalization. A growing separation of rich and poor within nations. The transition from high to low fertility in nations. Correct Feedback correct Incorrect incorrect Feedback Add Question HereQuestion 36 Multiple Choice Question The HDI scale ranges from: Answer Zero to minus one. Zero to one. Minus one to plus one. Minus one to zero. Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 37 Multiple Choice Question Which of the following is not a category used by HDI to measure the development of nations? Answer Longevity. Replacement fertility rate. Knowledge. Gross domestic product per capita. Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 38 Multiple Choice Question According to the 2004 Human Development Index, which of the following countries has the highest HDI index in the world? Answer U.S.
  10. 10. Canada. Norway. Mexico. Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 39 Multiple Choice Question According to the text, this refers to the number of children a woman must have on average to ensure that one daughter survives to reproductive age. Answer Sub-replacement fertility. Net reproduction rate. Total fertility rate. Replacement fertility rate. Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 40 Multiple Choice Question According to the text, all of the following will drive future population changes EXCEPT: Answer Falling fertility. Low mortality. Lesser income disparities. Migration. Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 41 Multiple Choice Question All of the following are implications of population trends EXCEPT: Answer Overall world growth is slowing and it will be highest in less industrialized regions. Growth will continue to strain the earths ecosystems. The West is in demographic decline compared with other peoples. Western market values and business ideology will be accepted globally. Correct correct Feedback Incorrect incorrect Feedback Add Question Here
  11. 11. Question 42 Multiple Choice Question New technologies: Answer Foster the productivity gains that sustain long-term economic progress. Continue to strain the earths ecosystems. Create new societal expectations for corporate behavior. Play a larger role in population dynamics than in the past. Correct correct Feedback Incorrect incorrect Feedback Add Question HereQuestion 43 Multiple Choice Question Globalization is: Answer A nation-state formed of three elements, a ruling authority, citizens and a territory with fixed borders. A set of reinforcing beliefs and values that constructs a worldview. The creation of networks of human interaction that span worldwide distances. The philosophy in which nations promote trade by easing restrictions, including both tariff and non-tariff barriers. Correct correct Feedback Incorrect incorrect Feedback Add Question HereQuestion 44 Multiple Choice Question In the international arena, this is an actor formed of three elements, a ruling authority, citizens and a territory with fixed borders. Answer State. Nation-state. Country. Nation. Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 45 Multiple Choice Question The nation-state is formed of all of the following elements EXCEPT: Answer A ruling authority. Citizens. A territory with fixed borders.
  12. 12. Liberalization. Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 46 Multiple Choice Question This is the unit of human organization in which individuals and cultural groups can influence their circumstances and future. Answer State. Country. Nation-state. Nation. Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 47 Multiple Choice Question All of the following are forces that penetrate nation-states and reduce their autonomy EXCEPT: Answer Epidemics. Market forces. Climate change. Population explosion. Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 48 Multiple Choice Question According to the text, a set of reinforcing beliefs and values that constructs a worldview is called: Answer An ideology. A culture. History. An economy. Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 49 Multiple Choice Question Which of the following fulfills the human need for concepts and categories of meaning that explain daily life? Answer History.
  13. 13. Culture. Ideology. Economy. Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 50 Multiple Choice Question All of the following are indicators of the economic environment EXCEPT: Answer Legislation. Interest rates. Wages. The actions of competitors. Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 51 Multiple Choice Question This philosophy is the bedrock of economic globalization. Answer Monopoly. Foreign direct investment. Oligopoly. Trade liberalization. Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 52 Multiple Choice Question Capital investment by private firms outside their home countries is: Answer FDI. FDA. FDIC. FATS. Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 53 Multiple Choice Question A philosophy in which nations promote trade by easing restrictions, including both tariff and non-tariff barriers is: Answer Foreign direct investment.
  14. 14. Trade liberalization. Monopoly. Oligopoly. Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 54 Multiple Choice Question This allows manipulation of objects the size of atoms. Answer Nanotechnology. Single atom manipulation. Atom chip quantum processor. Scanning tunneling microscopy. Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 55 Multiple Choice Question These Web sites are open to collaborative editing by multiple individuals. Answer Tags. Wikis. Blogs. Links. Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 56 Multiple Choice Question A system of shared knowledge, values, norms and customs that are acquired by social learning is called a(n): Answer Democracy. Socialist society. Culture. Communist society. Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 57 Multiple Choice Question These are values based on assumptions of affluence, for example, quality of life and self-expression. Answer
  15. 15. Traditional values. Modern values. Postmodern values. Materialist values. Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 58 Multiple Choice Question Identify the form of government requiring the three elements of popular sovereignty, political liberty and majority rule. Answer Democracy. Socialism. Communism. Liberalism. Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 59 Multiple Choice Question Democracy promotes: Answer Popular sovereignty, political liberty and common ownership. Popular sovereignty, political liberty and majority rule. Common ownership, political liberty and majority rule. Popular sovereignty, atheism and majority rule. Correct Feedback correct Incorrect incorrect Feedback Add Question HereQuestion 60 Multiple Choice Question Identify the law where guidelines are often derived from emerging international conduct standards. Answer Criminal law. Soft law. Common law. Hard law. Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 61 Fill in the Blank
  16. 16. Question A _____ is a plausible story of the future based on assumptions about how current trends might play out. Answer scenario Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 62 Fill in the Blank Question _____ defined a historical force as "anything that does or helps to do, work". Answer Henry Adams Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 63 Fill in the Blank Question _____ is the first historical force. Answer Industrial revolution Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 64 Fill in the Blank Question In the Gini index, _____ represents absolute equality and _____ represents absolute inequality. Answer zero; hundred Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 65 Fill in the Blank Question During industrialization, the incomes of the poorest people rise in _____ to the rise in average income of the country as a whole. Answer proportion Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 66 Fill in the Blank Question _____ is the statistical measure of progress of humanity that ranges from zero to one. Answer HDI index Correct Feedback correct
  17. 17. Incorrect Feedback incorrect Add Question HereQuestion 67 Fill in the Blank Question _____ has the highest HDI index. Answer Norway Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 68 Fill in the Blank Question _____ refers to the number of children a woman must have on average to ensure that one daughter survives to reproductive age. Answer Replacement fertility rate Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 69 Fill in the Blank Question _____ is the creation of networks of human interaction that span worldwide distances. Answer Globalization Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 70 Fill in the Blank Question An _____ is a set of reinforcing beliefs and values that create a worldview. Answer ideology Correct Feedback correct Incorrect Feedback incorrect Add Question HereQuestion 71 Essay Question Explain what is meant by an "historical force" in history. Answer Historical force is an environmental force of unknown origin and mysterious action that provides the energy for events. The discussion divides this force, somewhat artificially, into nine separate but related forces causing distinct chains of events. Add Question HereQuestion 72 Essay
  18. 18. Question Discuss the industrial revolution. Answer The industrial revolution included the transforming changes that turn agricultural economies into industrial economies. This transformation occurred in the presence of certain economic, technological, political and philosophical conditions. Add Question HereQuestion 73 Essay Question What is meant by the Gini index and how is it computed? Answer The Gini index is a statistical measure of inequality in which 0 percent is perfect equality, that is, everyone has the same amount of wealth and 100 percent is absolute inequality, that is, a single person has all wealth. Using this measure, inequality becomes greater as the percentage figure rises toward 100. Add Question HereQuestion 74 Essay Question What is the Human Development Index and what is it used for? Answer The Human Development Index (HDI) is a statistical tool used by the United Nations for measuring the progress of humanity. It is based on the theory that income alone is not an adequate measure of the standard of living, let alone a rich and fulfilling life. Add Question HereQuestion 75 Essay Question What three factors are used to measure the HDI of nations? Answer HDI measures the development of nations as an average of scores in three equally weighted categories: 1) Longevity, 2) knowledge and 3) income. Add Question HereQuestion 76 Essay Question Explain what is meant by an ideology and give a specific example of this concept. Answer An ideology is a set of reinforcing beliefs and values that constructs a worldview. The industrial revolution in the West was facilitated by a set of interlocking ideologies, including capitalism, but also constitutional democracy, which protected the rights that allowed individualism to flourish. Add Question HereQuestion 77 Essay Question What is meant by the "Protestant ethic?" Answer It is the belief that sacred authority calls for hard work, saving, thrift and honesty as necessary for salvation. Add Question Here
  19. 19. Question 78 Essay Question What are the important components of the economic environment of business? Answer The economic environment consists of forces that influence market operations, including overall economic activity, commodity prices, interest rates, currency fluctuations, wages, competitors actions, technology change and government policies. Add Question HereQuestion 79 Essay Question Explain what is meant by "trade liberalization". Answer Trade liberalization is philosophies in which nations promote trade by easing restrictions, including both tariff and non-tariff barriers. This philosophy, sometimes referred to as simply liberalization, is the bedrock of economic globalization. Add Question HereQuestion 80 Essay Question Explain the concept of "soft law" and give a specific example of how a business could act in accord with this concept. Answer Soft laws are voluntarily adopted codes of conduct setting forth rules about corporate behavior. Guidelines are often derived from emerging international conduct standards. For example, saving money by firing a long-time employee the week before he/she qualified for a pension was always ignoble. In 1974, the Employee Retirement Income Security Act made it illegal as well. Add Question Here

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