Question 1

Which definition of business, society and government is not correct?

Accepted Answer

A)  A business is a firm that sells a product for a profit. 
B)  Society includes interest groups and the communities affected by business. 
C)  Government includes the executive, legislative, and judicial branches at the local, state, federal, and international levels. 
D)  None of these statements is correct. 
E)  All of these statements are correct 
A)  A business is a firm that sells a product for a profit. 
B)  Society includes interest groups and the communities affected by business. 
C)  Government includes the executive, legislative, and judicial branches at the local, state, federal, and international levels. 
D)  None of these statements is correct. 
E)  All of these statements are correct E

Question 2

Which of the following are stakeholders in a business as identified by the textbook?

Accepted Answer

A)  Owners 
B)  Employees 
C)  Politicians 
D)  Distributors 
E)  Consumers who don't buy a company's product 
A)  Owners 
B)  Employees 
C)  Politicians 
D)  Distributors 
E)  Consumers who don't buy a company's product A,B,D

Question 3

MADD, PETA. And AARP are all considered ________.

Accepted Answer

A)  news media 
B)  regulators 
C)  special interest groups 
D)  taxing entities 
E)  None of the above 
A)  news media 
B)  regulators 
C)  special interest groups 
D)  taxing entities 
E)  None of the above C

Question 4

Unions are for-profit governmental organizations that represent the interests of their members and workers.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following branches of government does the legislative branch include?

Accepted Answer

A)  The Senate 
B)  The House of Representatives 
C)  Regulatory agencies. 
D)  The President's office 
E)  The Supreme Court 
A)  The Senate 
B)  The House of Representatives 
C)  Regulatory agencies. 
D)  The President's office 
E)  The Supreme Court

Question 6

Which of the following is true of amoral managers?

Accepted Answer

A)  Their values are based on the Judeo-Christian faiths. 
B)  They have strong ethics and apply those ethics to their business. 
C)  They want to be socially responsible. 
D)  They want to maximize profits but with a strong sense of ethics. 
E)  They do not believe ethics applies to business. 
A)  Their values are based on the Judeo-Christian faiths. 
B)  They have strong ethics and apply those ethics to their business. 
C)  They want to be socially responsible. 
D)  They want to maximize profits but with a strong sense of ethics. 
E)  They do not believe ethics applies to business.

Question 7

DropBox technology cannot be used on smart phones.

Accepted Answer

A) True 
 B)False

Question 8

What is the role of business?

Accepted Answer

The role of business encompasses a wide

Question 9

Business should consider a responsibility to be ethical with its stakeholders.

Accepted Answer

A) True 
 B)False

Question 10

The executive branch of government has far more power than either the legislative or the judicial branches.

Accepted Answer

A) True 
 B)False

Question 11

Managers need not concern themselves about the interrelationships between the market and nonmarket environments

Accepted Answer

A) True 
 B)False

Question 12

What would be considered as nonmarket society environment elements?

Accepted Answer

A)  Societal interest groups 
B)  Employees 
C)  News media 
D)  Managers 
E)  Communities 
A)  Societal interest groups 
B)  Employees 
C)  News media 
D)  Managers 
E)  Communities

Question 13

Special interest groups can affect business negatively as well as positively.

Accepted Answer

A) True 
 B)False

Question 14

What is the primary objective of integrating market and nonmarket strategies?

Accepted Answer

A)  To create business opportunities that requirs integrated strategies to guide firm interactions. 
B)  To influence the nonmarket structure so that they can compete effectively in the market environment. 
C)  To compete for customers with the help of suppliers to make a profit. 
D)  None of these is correct. 
E)  All of these are correct. 
A)  To create business opportunities that requirs integrated strategies to guide firm interactions. 
B)  To influence the nonmarket structure so that they can compete effectively in the market environment. 
C)  To compete for customers with the help of suppliers to make a profit. 
D)  None of these is correct. 
E)  All of these are correct.

Question 15

Business has a responsibility to be ethical with its stakeholders.

Accepted Answer

A) True 
 B)False

Question 16

Government and society can help business.

Accepted Answer

A) True 
 B)False

Question 17

Sometimes competitors help each other.

Accepted Answer

A) True 
 B)False

Question 18

Which statement about the environment and balance of power is not correct?

Accepted Answer

A)  The political environment includes the government legislative, executive, and judicial branches. 
B)  The power of the president is checked by Congress as it must approve his or her cabinet, judicial appointees, and budget. 
C)  Congress has power over regulators. 
D)  The power of Congress is checked by the president, as he or she can veto its bills. 
E)  The courts can change the laws and regulations made by Congress and executive-branch regulators. 
A)  The political environment includes the government legislative, executive, and judicial branches. 
B)  The power of the president is checked by Congress as it must approve his or her cabinet, judicial appointees, and budget. 
C)  Congress has power over regulators. 
D)  The power of Congress is checked by the president, as he or she can veto its bills. 
E)  The courts can change the laws and regulations made by Congress and executive-branch regulators.

Question 19

What is the role of managers?

Accepted Answer

The role of managers is multifaceted and

Question 20

Which of the following is/are included in the applied ethical approach?

Accepted Answer

A)  Morality 
B)  Ethics 
C)  Strategies 
D)  Honesty 
E)  Integrity 
A)  Morality 
B)  Ethics 
C)  Strategies 
D)  Honesty 
E)  Integrity

Which definition of business, society and government is not correct?

Which of the following are stakeholders in a business as identified by the textbook?

MADD, PETA. And AARP are all considered ________.

Unions are for-profit governmental organizations that represent the interests of their members and workers.

Which of the following branches of government does the legislative branch include?

Which of the following is true of amoral managers?

DropBox technology cannot be used on smart phones.

What is the role of business?

Business should consider a responsibility to be ethical with its stakeholders.

The executive branch of government has far more power than either the legislative or the judicial branches.

Managers need not concern themselves about the interrelationships between the market and nonmarket environments

What would be considered as nonmarket society environment elements?

Special interest groups can affect business negatively as well as positively.

What is the primary objective of integrating market and nonmarket strategies?

Business has a responsibility to be ethical with its stakeholders.

Government and society can help business.

Sometimes competitors help each other.

Which statement about the environment and balance of power is not correct?

What is the role of managers?

Which of the following is/are included in the applied ethical approach?

Strategic Stakeholder and Ethical Public Affairs, Issues and Crisis Management

Employees, Stockholders and Corporate Governance

Corporate Social Responsibility, Citizenship and Diversity Society

Business Ethics

Community, Consumerism, and the Media

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

Exam 1: The Business, Society and Government Ethical Interrelationship Stakeholder Environment Business

Which definition of business, society and government is not correct?

Which of the following are stakeholders in a business as identified by the textbook?

MADD, PETA. And AARP are all considered ________.

Unions are for-profit governmental organizations that represent the interests of their members and workers.

Which of the following branches of government does the legislative branch include?

Which of the following is true of amoral managers?

DropBox technology cannot be used on smart phones.

What is the role of business?

Business should consider a responsibility to be ethical with its stakeholders.

The executive branch of government has far more power than either the legislative or the judicial branches.

Managers need not concern themselves about the interrelationships between the market and nonmarket environments

What would be considered as nonmarket society environment elements?

Special interest groups can affect business negatively as well as positively.

What is the primary objective of integrating market and nonmarket strategies?

Business has a responsibility to be ethical with its stakeholders.

Government and society can help business.

Sometimes competitors help each other.

Which statement about the environment and balance of power is not correct?

What is the role of managers?

Which of the following is/are included in the applied ethical approach?

Strategic Stakeholder and Ethical Public Affairs, Issues and Crisis Management

Employees, Stockholders and Corporate Governance

Corporate Social Responsibility, Citizenship and Diversity Society

Business Ethics

Community, Consumerism, and the Media

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