Question 1

Which statement about the business-community interrelationship is not correct?

Accepted Answer

A)  Community is everywhere in the world that a business sells its products and affects stakeholders. 
B)  Business needs community support with infrastructure, transportation systems, and public safety. 
C)  The community needs business for economic development, products, jobs, and tax revenues. 
D)  Community can include cyber communities on the Internet. 
E)  Having a good corporate reputation for being socially responsible does helps with community relations. 
A)  Community is everywhere in the world that a business sells its products and affects stakeholders. 
B)  Business needs community support with infrastructure, transportation systems, and public safety. 
C)  The community needs business for economic development, products, jobs, and tax revenues. 
D)  Community can include cyber communities on the Internet. 
E)  Having a good corporate reputation for being socially responsible does helps with community relations.

Question 2

___________ is the process of a consumer filing a lawsuit against a firm seeking compensation for harm resulting from defective products or business actions.

Accepted Answer

A)  Consumer information 
B)  Product liability litigation 
C)  Defense for the current system 
D)  Company negligence 
E)  Absolute liability 
A)  Consumer information 
B)  Product liability litigation 
C)  Defense for the current system 
D)  Company negligence 
E)  Absolute liability

Question 3

Describe the function of the Better Business Bureau.

Accepted Answer

The Better Business Bureau (BBB) is a no

Question 4

Name at least four of the major consumer protection agencies the textbook mentions.

Accepted Answer

The textbook you are referring to is not

Question 5

Which statements are correct regarding customers and consumers?

Accepted Answer

A)  Consumers do not use business products. 
B)  Customers of manufacturers of products are commonly retail stores. 
C)  People who buy gifts are consumers, and the recipients are customers. 
D)  If you use Facebook, you are a customer, not a consumer. 
E)  Customers and consumers can be the same. 
A)  Consumers do not use business products. 
B)  Customers of manufacturers of products are commonly retail stores. 
C)  People who buy gifts are consumers, and the recipients are customers. 
D)  If you use Facebook, you are a customer, not a consumer. 
E)  Customers and consumers can be the same.

Question 6

The term "defective" is open to interpretation in court.

Accepted Answer

A) True 
 B)False

Question 7

Product liability is the firm's legal responsibility for its actions and products, especially costs or damages.

Accepted Answer

A) True 
 B)False

Question 8

Companies rarely give away money to charitable organizations.

Accepted Answer

A) True 
 B)False

Question 9

Which of the following are community involvement programs?

Accepted Answer

A)  Volunteer programs encourage and reward employees for doing work for community nonprofit organizations, sometimes during paid work hours. 
B)  Investment programs allow nonprofits to buy stock in companies at a discount rate but pay regular dividends. 
C)  Philanthropic programs give resources of products and services and finances of cash to the community. 
D)  CEOs contributing in stock option plans. 
E)  Collaborative partnership programs are voluntary relationships among business, social interest groups, and/or government to solve a social problem. 
A)  Volunteer programs encourage and reward employees for doing work for community nonprofit organizations, sometimes during paid work hours. 
B)  Investment programs allow nonprofits to buy stock in companies at a discount rate but pay regular dividends. 
C)  Philanthropic programs give resources of products and services and finances of cash to the community. 
D)  CEOs contributing in stock option plans. 
E)  Collaborative partnership programs are voluntary relationships among business, social interest groups, and/or government to solve a social problem.

Question 10

What is community involvement and how important is It important to business?

Accepted Answer

Community involvement refers to the acti

Question 11

Advocacy stories support a position or course of action; they are commonly editorials.

Accepted Answer

A) True 
 B)False

Question 12

Communities do have power over business with local laws and regulations that are heavily influenced and developed by community members who try to balance the power between community consumers and producers.

Accepted Answer

A) True 
 B)False

Question 13

Consumer rights essentially came from President Richard Nixon.

Accepted Answer

A) True 
 B)False

Question 14

Businesses must be members of the Better Business Bureau.

Accepted Answer

A) True 
 B)False

Question 15

When businesses give and lend their resources, including products and services, to help the community, it is referred to as _________.

Accepted Answer

A)  advocacy advertisements 
B)  collaborative partnerships 
C)  diversity links 
D)  in-kind contributions 
E)  reciprocity 
A)  advocacy advertisements 
B)  collaborative partnerships 
C)  diversity links 
D)  in-kind contributions 
E)  reciprocity

Question 16

How many advocacy groups are concerned with consumer issues?

Accepted Answer

A)  Only three 
B)  15-20 
C)  Several dozen 
D)  100 
E)  Several hundred 
A)  Only three 
B)  15-20 
C)  Several dozen 
D)  100 
E)  Several hundred

Question 17

The goal of the consumer movement is to counterbalance the power of business.

Accepted Answer

A) True 
 B)False

Which statement about the business-community interrelationship is not correct?

___________ is the process of a consumer filing a lawsuit against a firm seeking compensation for harm resulting from defective products or business actions.

Describe the function of the Better Business Bureau.

Name at least four of the major consumer protection agencies the textbook mentions.

Which statements are correct regarding customers and consumers?

The term "defective" is open to interpretation in court.

Product liability is the firm's legal responsibility for its actions and products, especially costs or damages.

Companies rarely give away money to charitable organizations.

Which of the following are community involvement programs?

What is community involvement and how important is It important to business?

Advocacy stories support a position or course of action; they are commonly editorials.

Communities do have power over business with local laws and regulations that are heavily influenced and developed by community members who try to balance the power between community consumers and producers.

Consumer rights essentially came from President Richard Nixon.

Businesses must be members of the Better Business Bureau.

When businesses give and lend their resources, including products and services, to help the community, it is referred to as _________.

How many advocacy groups are concerned with consumer issues?

The goal of the consumer movement is to counterbalance the power of business.

The Business, Society and Government Ethical Interrelationship Stakeholder Environment Business

Strategic Stakeholder and Ethical Public Affairs, Issues and Crisis Management

Employees, Stockholders and Corporate Governance

Corporate Social Responsibility, Citizenship and Diversity Society

Business Ethics

Strategies of Societal and Business Interest Groups Government

Law Making and Political Strategies

Law Enforcing and Regulatory Strategies

Law Interpreting, Antitrust, and Judiciary Strategies International Business, Society and Government

Competing in the Global Environment

Global Technology, the Natural Environment and Sustainability

Exploring the Benefits and Challenges of BPM Transformation Program

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Exam 6: Community, Consumerism, and the Media

Which statement about the business-community interrelationship is not correct?

___________ is the process of a consumer filing a lawsuit against a firm seeking compensation for harm resulting from defective products or business actions.

Describe the function of the Better Business Bureau.

Name at least four of the major consumer protection agencies the textbook mentions.

Which statements are correct regarding customers and consumers?

The term "defective" is open to interpretation in court.

Product liability is the firm's legal responsibility for its actions and products, especially costs or damages.

Companies rarely give away money to charitable organizations.

Which of the following are community involvement programs?

What is community involvement and how important is It important to business?

Advocacy stories support a position or course of action; they are commonly editorials.

Communities do have power over business with local laws and regulations that are heavily influenced and developed by community members who try to balance the power between community consumers and producers.

Consumer rights essentially came from President Richard Nixon.

Businesses must be members of the Better Business Bureau.

When businesses give and lend their resources, including products and services, to help the community, it is referred to as _________.

How many advocacy groups are concerned with consumer issues?

The goal of the consumer movement is to counterbalance the power of business.

The Business, Society and Government Ethical Interrelationship Stakeholder Environment Business

Strategic Stakeholder and Ethical Public Affairs, Issues and Crisis Management

Employees, Stockholders and Corporate Governance

Corporate Social Responsibility, Citizenship and Diversity Society

Business Ethics

Strategies of Societal and Business Interest Groups Government

Law Making and Political Strategies

Law Enforcing and Regulatory Strategies

Law Interpreting, Antitrust, and Judiciary Strategies International Business, Society and Government

Competing in the Global Environment

Global Technology, the Natural Environment and Sustainability

Exploring the Benefits and Challenges of BPM Transformation Program

Filters