1. The document describes a pool of questions for a chapter on business, government, and society.
2. It includes 16 true/false questions covering topics like the Sherman Antitrust Act, federal regulatory agencies, social responsibilities of business, and economic models of business.
3. Users can add, modify, and remove questions through the pool canvas interface.
Are you a majors in finance and wondering which career to go for from Energy Risk Professional and Financial Risk Management? Check out our ERP vs. FRM presentation to determine the differences between the two, and decide your upcoming career on the basis of your interest.
For more information, you can also visit: tipsuae.com
Are you a majors in finance and wondering which career to go for from Energy Risk Professional and Financial Risk Management? Check out our ERP vs. FRM presentation to determine the differences between the two, and decide your upcoming career on the basis of your interest.
For more information, you can also visit: tipsuae.com
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
For more information, visit-www.vavaclasses.com
Biological screening of herbal drugs: Introduction and Need for
Phyto-Pharmacological Screening, New Strategies for evaluating
Natural Products, In vitro evaluation techniques for Antioxidants, Antimicrobial and Anticancer drugs. In vivo evaluation techniques
for Anti-inflammatory, Antiulcer, Anticancer, Wound healing, Antidiabetic, Hepatoprotective, Cardio protective, Diuretics and
Antifertility, Toxicity studies as per OECD guidelines
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
Safalta Digital marketing institute in Noida, provide complete applications that encompass a huge range of virtual advertising and marketing additives, which includes search engine optimization, virtual communication advertising, pay-per-click on marketing, content material advertising, internet analytics, and greater. These university courses are designed for students who possess a comprehensive understanding of virtual marketing strategies and attributes.Safalta Digital Marketing Institute in Noida is a first choice for young individuals or students who are looking to start their careers in the field of digital advertising. The institute gives specialized courses designed and certification.
for beginners, providing thorough training in areas such as SEO, digital communication marketing, and PPC training in Noida. After finishing the program, students receive the certifications recognised by top different universitie, setting a strong foundation for a successful career in digital marketing.
2024 State of Marketing Report – by HubspotMarius Sescu
https://www.hubspot.com/state-of-marketing
· Scaling relationships and proving ROI
· Social media is the place for search, sales, and service
· Authentic influencer partnerships fuel brand growth
· The strongest connections happen via call, click, chat, and camera.
· Time saved with AI leads to more creative work
· Seeking: A single source of truth
· TLDR; Get on social, try AI, and align your systems.
· More human marketing, powered by robots
ChatGPT is a revolutionary addition to the world since its introduction in 2022. A big shift in the sector of information gathering and processing happened because of this chatbot. What is the story of ChatGPT? How is the bot responding to prompts and generating contents? Swipe through these slides prepared by Expeed Software, a web development company regarding the development and technical intricacies of ChatGPT!
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
For more information, visit-www.vavaclasses.com
Biological screening of herbal drugs: Introduction and Need for
Phyto-Pharmacological Screening, New Strategies for evaluating
Natural Products, In vitro evaluation techniques for Antioxidants, Antimicrobial and Anticancer drugs. In vivo evaluation techniques
for Anti-inflammatory, Antiulcer, Anticancer, Wound healing, Antidiabetic, Hepatoprotective, Cardio protective, Diuretics and
Antifertility, Toxicity studies as per OECD guidelines
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
Safalta Digital marketing institute in Noida, provide complete applications that encompass a huge range of virtual advertising and marketing additives, which includes search engine optimization, virtual communication advertising, pay-per-click on marketing, content material advertising, internet analytics, and greater. These university courses are designed for students who possess a comprehensive understanding of virtual marketing strategies and attributes.Safalta Digital Marketing Institute in Noida is a first choice for young individuals or students who are looking to start their careers in the field of digital advertising. The institute gives specialized courses designed and certification.
for beginners, providing thorough training in areas such as SEO, digital communication marketing, and PPC training in Noida. After finishing the program, students receive the certifications recognised by top different universitie, setting a strong foundation for a successful career in digital marketing.
2024 State of Marketing Report – by HubspotMarius Sescu
https://www.hubspot.com/state-of-marketing
· Scaling relationships and proving ROI
· Social media is the place for search, sales, and service
· Authentic influencer partnerships fuel brand growth
· The strongest connections happen via call, click, chat, and camera.
· Time saved with AI leads to more creative work
· Seeking: A single source of truth
· TLDR; Get on social, try AI, and align your systems.
· More human marketing, powered by robots
ChatGPT is a revolutionary addition to the world since its introduction in 2022. A big shift in the sector of information gathering and processing happened because of this chatbot. What is the story of ChatGPT? How is the bot responding to prompts and generating contents? Swipe through these slides prepared by Expeed Software, a web development company regarding the development and technical intricacies of ChatGPT!
Product Design Trends in 2024 | Teenage EngineeringsPixeldarts
The realm of product design is a constantly changing environment where technology and style intersect. Every year introduces fresh challenges and exciting trends that mold the future of this captivating art form. In this piece, we delve into the significant trends set to influence the look and functionality of product design in the year 2024.
How Race, Age and Gender Shape Attitudes Towards Mental HealthThinkNow
Mental health has been in the news quite a bit lately. Dozens of U.S. states are currently suing Meta for contributing to the youth mental health crisis by inserting addictive features into their products, while the U.S. Surgeon General is touring the nation to bring awareness to the growing epidemic of loneliness and isolation. The country has endured periods of low national morale, such as in the 1970s when high inflation and the energy crisis worsened public sentiment following the Vietnam War. The current mood, however, feels different. Gallup recently reported that national mental health is at an all-time low, with few bright spots to lift spirits.
To better understand how Americans are feeling and their attitudes towards mental health in general, ThinkNow conducted a nationally representative quantitative survey of 1,500 respondents and found some interesting differences among ethnic, age and gender groups.
Technology
For example, 52% agree that technology and social media have a negative impact on mental health, but when broken out by race, 61% of Whites felt technology had a negative effect, and only 48% of Hispanics thought it did.
While technology has helped us keep in touch with friends and family in faraway places, it appears to have degraded our ability to connect in person. Staying connected online is a double-edged sword since the same news feed that brings us pictures of the grandkids and fluffy kittens also feeds us news about the wars in Israel and Ukraine, the dysfunction in Washington, the latest mass shooting and the climate crisis.
Hispanics may have a built-in defense against the isolation technology breeds, owing to their large, multigenerational households, strong social support systems, and tendency to use social media to stay connected with relatives abroad.
Age and Gender
When asked how individuals rate their mental health, men rate it higher than women by 11 percentage points, and Baby Boomers rank it highest at 83%, saying it’s good or excellent vs. 57% of Gen Z saying the same.
Gen Z spends the most amount of time on social media, so the notion that social media negatively affects mental health appears to be correlated. Unfortunately, Gen Z is also the generation that’s least comfortable discussing mental health concerns with healthcare professionals. Only 40% of them state they’re comfortable discussing their issues with a professional compared to 60% of Millennials and 65% of Boomers.
Race Affects Attitudes
As seen in previous research conducted by ThinkNow, Asian Americans lag other groups when it comes to awareness of mental health issues. Twenty-four percent of Asian Americans believe that having a mental health issue is a sign of weakness compared to the 16% average for all groups. Asians are also considerably less likely to be aware of mental health services in their communities (42% vs. 55%) and most likely to seek out information on social media (51% vs. 35%).
AI Trends in Creative Operations 2024 by Artwork Flow.pdfmarketingartwork
This article is all about what AI trends will emerge in the field of creative operations in 2024. All the marketers and brand builders should be aware of these trends for their further use and save themselves some time!
A report by thenetworkone and Kurio.
The contributing experts and agencies are (in an alphabetical order): Sylwia Rytel, Social Media Supervisor, 180heartbeats + JUNG v MATT (PL), Sharlene Jenner, Vice President - Director of Engagement Strategy, Abelson Taylor (USA), Alex Casanovas, Digital Director, Atrevia (ES), Dora Beilin, Senior Social Strategist, Barrett Hoffher (USA), Min Seo, Campaign Director, Brand New Agency (KR), Deshé M. Gully, Associate Strategist, Day One Agency (USA), Francesca Trevisan, Strategist, Different (IT), Trevor Crossman, CX and Digital Transformation Director; Olivia Hussey, Strategic Planner; Simi Srinarula, Social Media Manager, The Hallway (AUS), James Hebbert, Managing Director, Hylink (CN / UK), Mundy Álvarez, Planning Director; Pedro Rojas, Social Media Manager; Pancho González, CCO, Inbrax (CH), Oana Oprea, Head of Digital Planning, Jam Session Agency (RO), Amy Bottrill, Social Account Director, Launch (UK), Gaby Arriaga, Founder, Leonardo1452 (MX), Shantesh S Row, Creative Director, Liwa (UAE), Rajesh Mehta, Chief Strategy Officer; Dhruv Gaur, Digital Planning Lead; Leonie Mergulhao, Account Supervisor - Social Media & PR, Medulla (IN), Aurelija Plioplytė, Head of Digital & Social, Not Perfect (LI), Daiana Khaidargaliyeva, Account Manager, Osaka Labs (UK / USA), Stefanie Söhnchen, Vice President Digital, PIABO Communications (DE), Elisabeth Winiartati, Managing Consultant, Head of Global Integrated Communications; Lydia Aprina, Account Manager, Integrated Marketing and Communications; Nita Prabowo, Account Manager, Integrated Marketing and Communications; Okhi, Web Developer, PNTR Group (ID), Kei Obusan, Insights Director; Daffi Ranandi, Insights Manager, Radarr (SG), Gautam Reghunath, Co-founder & CEO, Talented (IN), Donagh Humphreys, Head of Social and Digital Innovation, THINKHOUSE (IRE), Sarah Yim, Strategy Director, Zulu Alpha Kilo (CA).
Trends In Paid Search: Navigating The Digital Landscape In 2024Search Engine Journal
The search marketing landscape is evolving rapidly with new technologies, and professionals, like you, rely on innovative paid search strategies to meet changing demands.
It’s important that you’re ready to implement new strategies in 2024.
Check this out and learn the top trends in paid search advertising that are expected to gain traction, so you can drive higher ROI more efficiently in 2024.
You’ll learn:
- The latest trends in AI and automation, and what this means for an evolving paid search ecosystem.
- New developments in privacy and data regulation.
- Emerging ad formats that are expected to make an impact next year.
Watch Sreekant Lanka from iQuanti and Irina Klein from OneMain Financial as they dive into the future of paid search and explore the trends, strategies, and technologies that will shape the search marketing landscape.
If you’re looking to assess your paid search strategy and design an industry-aligned plan for 2024, then this webinar is for you.
5 Public speaking tips from TED - Visualized summarySpeakerHub
From their humble beginnings in 1984, TED has grown into the world’s most powerful amplifier for speakers and thought-leaders to share their ideas. They have over 2,400 filmed talks (not including the 30,000+ TEDx videos) freely available online, and have hosted over 17,500 events around the world.
With over one billion views in a year, it’s no wonder that so many speakers are looking to TED for ideas on how to share their message more effectively.
The article “5 Public-Speaking Tips TED Gives Its Speakers”, by Carmine Gallo for Forbes, gives speakers five practical ways to connect with their audience, and effectively share their ideas on stage.
Whether you are gearing up to get on a TED stage yourself, or just want to master the skills that so many of their speakers possess, these tips and quotes from Chris Anderson, the TED Talks Curator, will encourage you to make the most impactful impression on your audience.
See the full article and more summaries like this on SpeakerHub here: https://speakerhub.com/blog/5-presentation-tips-ted-gives-its-speakers
See the original article on Forbes here:
http://www.forbes.com/forbes/welcome/?toURL=http://www.forbes.com/sites/carminegallo/2016/05/06/5-public-speaking-tips-ted-gives-its-speakers/&refURL=&referrer=#5c07a8221d9b
ChatGPT and the Future of Work - Clark Boyd Clark Boyd
Everyone is in agreement that ChatGPT (and other generative AI tools) will shape the future of work. Yet there is little consensus on exactly how, when, and to what extent this technology will change our world.
Businesses that extract maximum value from ChatGPT will use it as a collaborative tool for everything from brainstorming to technical maintenance.
For individuals, now is the time to pinpoint the skills the future professional will need to thrive in the AI age.
Check out this presentation to understand what ChatGPT is, how it will shape the future of work, and how you can prepare to take advantage.
A brief introduction to DataScience with explaining of the concepts, algorithms, machine learning, supervised and unsupervised learning, clustering, statistics, data preprocessing, real-world applications etc.
It's part of a Data Science Corner Campaign where I will be discussing the fundamentals of DataScience, AIML, Statistics etc.
Time Management & Productivity - Best PracticesVit Horky
Here's my presentation on by proven best practices how to manage your work time effectively and how to improve your productivity. It includes practical tips and how to use tools such as Slack, Google Apps, Hubspot, Google Calendar, Gmail and others.
The six step guide to practical project managementMindGenius
The six step guide to practical project management
If you think managing projects is too difficult, think again.
We’ve stripped back project management processes to the
basics – to make it quicker and easier, without sacrificing
the vital ingredients for success.
“If you’re looking for some real-world guidance, then The Six Step Guide to Practical Project Management will help.”
Dr Andrew Makar, Tactical Project Management
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Ch1
1. COURSES > BUSINESS, GOVERNMENT, AND SOCIETY:A MANAGERIAL PERSPECTIVE, TEXT AND CASES, 12/E- STEINER > CONTROL PANEL > POOL
MANAGER > POOL CANVAS
Pool Canvas
Add, modify, and remove questions. Select a question type from the Add Question drop-down list and click Go to
add questions. Use Creation Settings to establish which default options, such as feedback and images, are
available for question creation.
Add Multiple Choice Creation Settings
Name Chapter 01 The Study of Business, Government, and Society
Description Questions which Blackboard's assessment component is incapable of supporting are not
included in the export.
Instructions
Add Question Here
Question 1 True/False
Question The U.S. Congress passed the Sherman Antitrust Act in 1890 in an
attempt to prevent monopoly in business.
Answer True
False
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 2 True/False
Question In the U.S., there are about 300 federal regulatory agencies.
Answer True
False
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 3 True/False
Question BCG is the study of business, government and society and its
importance for managers.
Answer True
False
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
True/False
2. Question 4
Question The primary purpose of a business is to make a profit by providing
products that satisfy human needs.
Answer True
False
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 5 True/False
Question The structures and processes in a society that make and apply policies
and rules are called business.
Answer True
False
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 6 True/False
Question An enduring belief about which basic choices in a society are "correct"
is called an idea.
Answer True
False
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 7 True/False
Question A business uses society's resources to create new wealth.
Answer True
False
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 8 True/False
Question Institutions are formal patterns of relations that link people together to
accomplish a goal.
Answer True
False
Correct Feedback correct
Incorrect Feedback incorrect
3. Add Question Here
Question 9 True/False
Question A business needs to be responsive to its economic environment but not
to its non-economic environment.
Answer True
False
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 10 True/False
Question The broad duties of a business that are needed to obtain the support of
society are called its social contract.
Answer True
False
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 11 True/False
Question The public generally believes that a business has social responsibilities
beyond merely making a profit.
Answer True
False
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 12 True/False
Question The market capitalism model describes business as responding
primarily to economic forces.
Answer True
False
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 13 True/False
Question In the market capitalism model, the "market" acts as a buffer between
business and non-market forces.
Answer True
4. False
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 14 True/False
Question Karl Marx wrote "The Wealth of Nations".
Answer True
False
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 15 True/False
Question Adam Smith used the word "capitalism" often in his published writings.
Answer True
False
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 16 True/False
Question The dominance model represents business primarily based on the
economic forces that affect it.
Answer True
False
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 17 True/False
Question The dominance model states that corporations act primarily for the
good of most of the people in the society.
Answer True
False
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 18 True/False
Question The dominance model believes that society is democratic in its
5. operations.
Answer True
False
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 19 True/False
Question The countervailing forces model states that society is governed
primarily by economic forces.
Answer True
False
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 20 True/False
Question The countervailing forces model reflects the BGS relationship in
undemocratic societies.
Answer True
False
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 21 True/False
Question The countervailing forces model is essentially the same as the market
capitalism model.
Answer True
False
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 22 True/False
Question The stakeholder model states that the immediate priority of a
corporation is to benefit its investors.
Answer True
False
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
6. Question 23 True/False
Question In the stakeholder model, the interests of stakeholders are valued only
to the extent that they enrich the corporation's investors.
Answer True
False
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 24 True/False
Question The stakeholder model accepts the shareholder-centered view of the
corporation as stated in the market capitalism model.
Answer True
False
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 25 True/False
Question The combined ethical/economic performance of a business can be
measured in an objective way.
Answer True
False
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 26 Multiple Choice
Question A profit-making activity that provides products that are intended to
satisfy human needs is called a(n):
Answer Business.
Ngo.
Government.
Society.
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 27 Multiple Choice
Question The structures and processes in a society that authoritatively make and
apply policies and rules are called:
Answer
7. Ideas.
Ideologies.
Governments.
Institutions.
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 28 Multiple Choice
Question The network of human relations that consists of ideas, institutions and
material things is a(n):
Answer Ideology.
Society.
Theory.
Government.
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 29 Multiple Choice
Question According to the text, an intangible object of thought is a(n):
Answer Value.
Theory.
Theme.
Idea.
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 30 Multiple Choice
Question An enduring belief about what important choices in how we live are
"correct" is a(n):
Answer Value.
Institution.
Ideology.
Idea.
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 31 Multiple Choice
Question A set of values that create a specific view of the world is a(n):
8. Answer Institution.
Ideology.
Society.
Idea.
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 32 Multiple Choice
Question These are essential to coordinate the work of individuals who have no
personal relationship with each other.
Answer Values.
Institutions.
Ideologies.
Ideas.
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 33 Multiple Choice
Question A formal pattern of relationships that links people together in order to
accomplish a goal is a(n):
Answer Society.
Idea.
Institution.
Ideology.
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 34 Multiple Choice
Question The tangible artifacts of a society that are shaped by ideas and
institutions are called:
Answer Material things.
Markets.
Immaterial things.
Services.
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 35 Multiple Choice
Question The basic agreement between a business and its society that defines
9. the broad duties of the business that are needed to retain the support of society is
called a(n):
Answer Social contract.
Ideology.
Institution.
Idea.
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 36 Multiple Choice
Question Which of the following statements about social contracts is true?
Answer It defines the broad duties that business must perform to
retain society's support.
It resides completely in law.
It is as clear-cut as the economic forces a business faces.
It resides completely in social values.
Correct
correct
Feedback
Incorrect
incorrect
Feedback
Add Question Here
Question 37 Multiple Choice
Question Which model describes business as responding primarily to economic
forces in society?
Answer The market capitalism model.
The stakeholder model.
The dominance model.
The countervailing forces model.
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 38 Multiple Choice
Question Which of the following is not one of the basic BSG models?
Answer The market capitalism model.
The dominance model.
The collective business model.
The stakeholder model.
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
10. Question 39 Multiple Choice
Question Who wrote "The Wealth of Nations"?
Answer Karl marx.
John D. Rockefeller.
Adam smith.
Bill gates.
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 40 Multiple Choice
Question An economy in which private individuals and corporations own the
methods of production and compete in a free market within limited restraints by
government is called:
Answer Capitalism.
Socialism.
Communism.
Democracy.
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 41 Multiple Choice
Question All of the following statements about the laissez-faire concept are true
EXCEPT:
Answer It stands for the belief that government intervention in the
market is undesirable.
It is costly because it lessens the efficiency with which free
enterprise operates to benefit consumers.
It is unnecessary because market forces are benevolent.
It represents primarily the perspective of business critics.
Correct
correct
Feedback
Incorrect
incorrect
Feedback
Add Question Here
Question 42 Multiple Choice
Question The perspective of the market capitalism model leads to all of the
following conclusions EXCEPT:
Answer Government regulation should be limited.
Markets discipline private economic activity to promote
social welfare.
The ethical duty of management is to promote the
11. interests of society.
The proper measure of corporate performance is profit.
Correct Feedback correct
Incorrect
incorrect
Feedback
Add Question Here
Question 43 Multiple Choice
Question A market economy that contains large businesses that are managed by
salaried managers is called:
Answer Socialism.
Managerial capitalism.
Marxism.
Democracy.
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 44 Multiple Choice
Question In the market capitalism model, the assumption that government
should interfere with the economy only in a limited way is called:
Answer Laissez-faire.
Managerial capitalism.
Marxism.
Socialism.
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 45 Multiple Choice
Question The economic philosophy that rejects the intervention of government in
the operations of markets is called:
Answer Socialism.
Laissez-faire.
Communism.
Democracy.
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 46 Multiple Choice
Question In which of the following models do business and government
dominate the great mass of people?
12. Answer The countervailing forces model.
The stakeholder model.
The market capitalism model.
The dominance model.
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 47 Multiple Choice
Question Proponents of this model focus on the defects and inefficiencies of
capitalism.
Answer The countervailing forces model.
The dominance model.
The market capitalism model.
The stakeholder model.
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 48 Multiple Choice
Question This is a recurrent spectacle in which common people who feel
oppressed or disadvantaged in some way seek to take power from a ruling elite
that thwarts fulfillment of the collective welfare.
Answer Populism.
Collectivism.
Laissez-faire.
Capitalism.
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 49 Multiple Choice
Question Which of the following is a model of multiple or pluralistic forces?
Answer The countervailing forces model.
The stakeholder model.
The market capitalism model.
The dominance model.
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 50 Multiple Choice
Question Which of the following statements about the countervailing forces
13. model is true?
Answer It represents primarily the perspective of business critics.
It reflects the BGS relationship in industrialized nations with
democratic traditions.
It stands for the belief that government intervention in the
market is undesirable.
It assumes that individuals can own private property and
freely risk investments.
Correct
correct
Feedback
Incorrect
incorrect
Feedback
Add Question Here
Question 51 Multiple Choice
Question An entity that is either benefited or burdened by the actions of a
corporation is called a(n):
Answer Stockholder.
Customer.
Stakeholder.
Supplier.
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 52 Multiple Choice
Question Which of the following is an example of a secondary stakeholder in a
corporation?
Answer Customers.
Trade associations.
Employees.
Stockholders.
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 53 Multiple Choice
Question Which of the following is an example of a primary stakeholder in a
corporation?
Answer Schools.
Customers.
Trade associations.
Activist groups.
Correct Feedback correct
Incorrect Feedback incorrect
14. Add Question Here
Question 54 Multiple Choice
Question The entities that have a relationship with a corporation in such a way
that they are affected immediately and powerfully by the actions of the
corporation are called:
Answer Primary stakeholders.
Activist groups.
Secondary stakeholders.
Trade associations.
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 55 Multiple Choice
Question Which of the following statements about the stakeholder model is true?
Answer It reorders the priorities of management away from those in
the market capitalism model.
Its immediate priority is to benefit the society.
It is a model of multiple or pluralistic forces.
It focuses on the defects and inefficiencies of capitalism.
Correct
correct
Feedback
Incorrect
incorrect
Feedback
Add Question Here
Question 56 Multiple Choice
Question According to the text, critics of the stakeholder model argue that it:
Answer Creates prosperity only at the cost of rising inequality.
Represents primarily the perspective of the business and
government.
Seeks to give power to the powerless by replacing force with
ethical duty.
Represents a series of recurrent attacks that wind through
the Western philosophical tradition.
Correct
correct
Feedback
Incorrect
incorrect
Feedback
Add Question Here
Question 57 Multiple Choice
Question The actions taken by the managers of a business that are intended to
adapt the business to changes in the marketplace are called:
15. Answer Theories.
Strategic management.
Diffusion.
The moral imperative.
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 58 Multiple Choice
Question A set of statements that describes patterns of relationships in a
complex subject is a(n):
Answer Idea.
Value.
Theory.
Postulate.
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 59 Multiple Choice
Question All of the following are true about theories EXCEPT:
Answer They simplify and organize areas of knowledge.
They integrate entire fields of knowledge.
They are statements or visions that create insight.
They are important in every field.
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 60 Multiple Choice
Question The study of phenomena that move through time is called:
Answer History.
Ideology.
Idea.
Theory.
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 61 Fill in the Blank
Question _____ is a profit-making activity that provides products and services to
satisfy human needs.
16. Answer Business
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 62 Fill in the Blank
Question The _____ refers to structures and processes in a society that makes
and applies policies and rules.
Answer government
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 63 Fill in the Blank
Question A _____ is a network of human relations that consists of ideas,
institutions and material objects.
Answer society
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 64 Fill in the Blank
Question _____ are tangible objects that shape ideas and institutions.
Answer Material things
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 65 Fill in the Blank
Question _____ is an economic system wherein private individuals and
corporations own production methods and attempt to make a profit in a free
market with limited interference by government.
Answer Capitalism
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 66 Fill in the Blank
Question _____ is an economy in which the dominant businesses are large
companies run by managers who are on salary.
Answer Managerial capitalism
Correct Feedback correct
Incorrect Feedback incorrect
17. Add Question Here
Question 67 Fill in the Blank
Question A _____ is an entity that is either benefited or burdened by the actions
of a corporation.
Answer stakeholder
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 68 Fill in the Blank
Question _____ are entities that have a relationship with a corporation and who
are affected immediately, continuously and powerfully by this corporation.
Answer Primary stakeholders
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 69 Fill in the Blank
Question Actions taken by management to adapt their company to changes in
the marketplace are called _____ management.
Answer strategic
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 70 Fill in the Blank
Question A _____ is a statement that describes relationships in a diffuse subject
matter.
Answer theory
Correct Feedback correct
Incorrect Feedback incorrect
Add Question Here
Question 71 Essay
Question What is the definition of a "business?"
Answer Business is defined as a profit-making activity that provides products and
services to satisfy human needs. It is a broad term encompassing a
range of actions and institutions. It covers management, manufacturing,
finance, trade, service, investment and other activities.
Add Question Here
Question 72 Essay
18. Question What are values and how do they impact our life in important ways?
Answer Values are enduring beliefs about which fundamental choices in
personal and social life are correct. Cultural habits and norms are based
on values.
Add Question Here
Question 73 Essay
Question Explain what is meant by an "ideology" and give two examples of this
concept.
Answer Ideologies are bundles of values that create a certain world view. They
establish the broad goals of life by defining what is considered good,
true, right, beautiful and acceptable. Democracy and capitalism are
examples of ideologies.
Add Question Here
Question 74 Essay
Question What is meant by the "material things" in a society and why are they
important?
Answer Material things are tangible artifacts of a society that shape and are
shaped by ideas and institutions. They include land, natural resources,
infrastructure and manufactured goods. Economic institutions, together
with the extent of resources, largely determine the type and quantity of
society's material goods.
Add Question Here
Question 75 Essay
Question What is the "social contract" that exists between a business and the
society in which it operates?
Answer A social contract is an underlying agreement between business and
society on basic duties and responsibilities business must carry out to
retain public support. It may be reflected in laws and regulations. It
defines the broad duties that business must perform to retain society's
support. It is partly expressed in law, but it also resides in social values.
Add Question Here
Question 76 Essay
Question Discuss the market capitalism model and explain how it differs from the
dominance model.
Answer
The market capitalism model depicts businesses as operating within a
market environment, responding primarily to powerful economic forces. It
is substantially sheltered from direct impact by social and political forces.
The market acts as a buffer between business and non-market forces.
The model incorporates important assumptions. One is that government
interference in economic life is slight. This is called laissez-faire. Another
assumption is that individuals can own private property and freely risk
investments.
The dominance model is a basic way of seeing the BGS relationship. It
represents primarily the perspective of business critics. In it, business
and government dominate the great mass of people. Proponents of the
19. dominance model focus on the defects and inefficiencies of capitalism.
They believe that corporations are insulated from pressures holding
them responsible, that regulation by a government in thrall to big
business is feeble and that market forces are inadequate to ensure
ethical management.
Add Question Here
Question 77 Essay
Question What is meant by capitalism?
Answer Capitalism is economies in which private individuals and corporations
own the means of production and, motivated by the desire for profit,
compete in free markets under conditions of limited restraint by
government.
Add Question Here
Question 78 Essay
Question What is meant by "managerial capitalism?"
Answer Managerial capitalism is a market economy in which the dominant
businesses are large firms run by salaried managers, not smaller firms
run by owner-entrepreneurs.
Add Question Here
Question 79 Essay
Question How does the term "laissez-faire" describe the market capitalism
model?
Answer Laissez-faire is an economic philosophy that rejects government
intervention in markets. It stands for the belief that government
intervention in the market is undesirable. It is costly because it lessens
the efficiency with which free enterprise operates to benefit consumers. It
is unnecessary because market forces are benevolent and, if liberated,
will channel economic resources to meet society's needs.
Add Question Here
Question 80 Essay
Question What is meant by the countervailing forces model in the BGS
relationship?
Answer The countervailing forces model depicts the BGS relationship as a flow
of interactions among the major elements of society. It suggests complex
exchanges of influence among them, attributing dominance to none. This
is a model of multiple or pluralistic forces. Their strength waxes and
wanes depending on factors such as the subject at issue, the power of
competing interests, the intensity of feeling and the influence of leaders.
This model reflects the BGS relationship in industrialized nations with
democratic traditions. It differs from the market capitalism model,
because it opens business directly to influence by non-market forces.
Add Question Here