Question 1

The ____ is a result of the growing numbers of individuals and groups who see themselves as having been victimized by society.

Accepted Answer

A)  Rights Movement 
B)  Entitlement Mentality 
C)  Revolution of Rising Expectations 
D)  Victimization philosophy 
A)  Rights Movement 
B)  Entitlement Mentality 
C)  Revolution of Rising Expectations 
D)  Victimization philosophy

Question 2

News shows are the only type of programming on television that has contributed to criticism of business.

Accepted Answer

A) True 
 B)False

Question 3

The ability to produce an effect or influence a situation is known as

Accepted Answer

A)  authority. 
B)  abuse. 
C)  power. 
D)  dictatorship. 
A)  authority. 
B)  abuse. 
C)  power. 
D)  dictatorship.

Question 4

The collection of private, commercially oriented organizations, ranging in size from sole proprietorships to large corporations is referred to as

Accepted Answer

A)  the third sector. 
B)  government. 
C)  business. 
D)  the free market economy. 
A)  the third sector. 
B)  government. 
C)  business. 
D)  the free market economy.

Question 5

The most important stakeholders of a business are typically its

Accepted Answer

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

Question 6

Because of the sheer member, and specificity of special interest groups, the groups often

Accepted Answer

A)  collaborate with each other to achieve common goals. 
B)  sabotage each other's efforts to attain their goals. 
C)  work at cross-purposes. 
D)  collude to see that their common interests are emphasized. 
A)  collaborate with each other to achieve common goals. 
B)  sabotage each other's efforts to attain their goals. 
C)  work at cross-purposes. 
D)  collude to see that their common interests are emphasized.

Question 7

The levels of power include all of the following except

Accepted Answer

A)  the macro level. 
B)  the micro level. 
C)  the institutional level. 
D)  the individual level. 
A)  the macro level. 
B)  the micro level. 
C)  the institutional level. 
D)  the individual level.

Question 8

Stakeholders include all of the following groups except

Accepted Answer

A)  owners. 
B)  employees. 
C)  customers. 
D)  all of these are stakeholder groups. 
A)  owners. 
B)  employees. 
C)  customers. 
D)  all of these are stakeholder groups.

Question 9

Sustainability, at a simple level, is about business's:

Accepted Answer

A)  ability to survive and thrive over the long term 
B)  approach to only the natural environment 
C)  preservation of the environment in the present generation 
D)  ability to meet the needs of the present while compromising future generations 
A)  ability to survive and thrive over the long term 
B)  approach to only the natural environment 
C)  preservation of the environment in the present generation 
D)  ability to meet the needs of the present while compromising future generations

Question 10

Utilize the knowledge you have gained to respond to the following essay questions. Your answers should state your position and use logical arguments and content from this and other chapters in the textbook to support it.
-The textbook says that when power gets out of balance, other forces are brought to bear so that balance is restored. Name some of the other forces that are used to balance business power. Describe how effective each of those other forces is in combating business power.

Accepted Answer

John Kenneth Galbraith, one of the most

Question 11

CEOs such as Virginia Rometty of IBM or Tim Cook of Apple hold which level of power?

Accepted Answer

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

Question 12

Power is only manifest when it is used purposefully.

Accepted Answer

A) True 
 B)False

Question 13

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 14

"In the long run, those who do not use power in a manner which society considers responsible will tend to lose it" is the description of

Accepted Answer

A)  The Iron Law of Oligarchy. 
B)  The Iron Cage of Rationality. 
C)  The Iron Law of Responsibility. 
D)  The Peter Principle. 
A)  The Iron Law of Oligarchy. 
B)  The Iron Cage of Rationality. 
C)  The Iron Law of Responsibility. 
D)  The Peter Principle.

Question 15

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)  all of these choices are factors leading to criticism of business 
A)  affluence and education 
B)  the revolution of rising expectations 
C)  an entitlement mentality 
D)  all of these choices are factors leading to criticism of business

Question 16

Provide a short answer to each of these questions. Be sure to fully explain your answer.
-Describe what the authors mean by the managerial approach taken in the textbook.

Accepted Answer

Business managers are judged almost excl

Question 17

Some businesses are socially responsible; other businesses do just about anything they want.

Accepted Answer

A) True 
 B)False

Question 18

When speaking of business in the collective sense, the textbook will most often be focusing on big business.

Accepted Answer

A) True 
 B)False

Question 19

Provide a short answer to each of these questions. Be sure to fully explain your answer.
-Explain what is meant by spheres of power.

Accepted Answer

The concept of spheres of power recogniz

Question 20

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

The ____ is a result of the growing numbers of individuals and groups who see themselves as having been victimized by society.

News shows are the only type of programming on television that has contributed to criticism of business.

The ability to produce an effect or influence a situation is known as

The collection of private, commercially oriented organizations, ranging in size from sole proprietorships to large corporations is referred to as

The most important stakeholders of a business are typically its

Because of the sheer member, and specificity of special interest groups, the groups often

The levels of power include all of the following except

Stakeholders include all of the following groups except

Sustainability, at a simple level, is about business's:

CEOs such as Virginia Rometty of IBM or Tim Cook of Apple hold which level of power?

Power is only manifest when it is used purposefully.

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.

"In the long run, those who do not use power in a manner which society considers responsible will tend to lose it" is the description of

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

Provide a short answer to each of these questions. Be sure to fully explain your answer. -Describe what the authors mean by the managerial approach taken in the textbook.

Some businesses are socially responsible; other businesses do just about anything they want.

When speaking of business in the collective sense, the textbook will most often be focusing on big business.

Provide a short answer to each of these questions. Be sure to fully explain your answer. -Explain what is meant by spheres of power.

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

Corporate Social Responsibility, Citizenship, and Sustainability.

The Stakeholder Approach to Business, Society, and Ethics.

Corporate Governance: Foundational Issues.

Strategic Management and Corporate Public Affairs.

Risk, Issue, and Crisis Management.

Business Ethics Essentials

Managerial and Organizational Ethics.

Business Ethics and Technology.

Ethical Issues in the Global Arena.

Business, Government, and Regulation.

Business Influence on Government and Public Policy.

Consumer Stakeholders: Information Issues

Consumer Stakeholders: Product and Service Issues.

Sustainability and the Natural Environment.

Business and Community Stakeholders.

Employee Stakeholders and Workplace Issues.

Employee Stakeholders: Privacy, Safety, and Health.

Employment Discrimination and Workplace Diversity

Filters

Exam 1: The Business and Society Relationship.

The ____ is a result of the growing numbers of individuals and groups who see themselves as having been victimized by society.

News shows are the only type of programming on television that has contributed to criticism of business.

The ability to produce an effect or influence a situation is known as

The collection of private, commercially oriented organizations, ranging in size from sole proprietorships to large corporations is referred to as

The most important stakeholders of a business are typically its

Because of the sheer member, and specificity of special interest groups, the groups often

The levels of power include all of the following except

Stakeholders include all of the following groups except

Sustainability, at a simple level, is about business's:

CEOs such as Virginia Rometty of IBM or Tim Cook of Apple hold which level of power?

Power is only manifest when it is used purposefully.

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.

"In the long run, those who do not use power in a manner which society considers responsible will tend to lose it" is the description of

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

Provide a short answer to each of these questions. Be sure to fully explain your answer. -Describe what the authors mean by the managerial approach taken in the textbook.

Some businesses are socially responsible; other businesses do just about anything they want.

When speaking of business in the collective sense, the textbook will most often be focusing on big business.

Provide a short answer to each of these questions. Be sure to fully explain your answer. -Explain what is meant by spheres of power.

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

Corporate Social Responsibility, Citizenship, and Sustainability.

The Stakeholder Approach to Business, Society, and Ethics.

Corporate Governance: Foundational Issues.

Strategic Management and Corporate Public Affairs.

Risk, Issue, and Crisis Management.

Business Ethics Essentials

Managerial and Organizational Ethics.

Business Ethics and Technology.

Ethical Issues in the Global Arena.

Business, Government, and Regulation.

Business Influence on Government and Public Policy.

Consumer Stakeholders: Information Issues

Consumer Stakeholders: Product and Service Issues.

Sustainability and the Natural Environment.

Business and Community Stakeholders.

Employee Stakeholders and Workplace Issues.

Employee Stakeholders: Privacy, Safety, and Health.

Employment Discrimination and Workplace Diversity

Filters