Exam 3: Politics, Law, and Business Ethics

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For practical reasons, most nations have resorted to ________ in which citizens nominate individuals from their groups to represent their political needs and views.

(Short Answer)
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________ risk threatens companies within a particular industry.

(Multiple Choice)
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Describe the differences and similarities between the various forms of totalitarianism.

(Essay)
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Scenario: Sandy Smith Goes to Colombia Sandy Smith, vice president of marketing for a large consumer products company, will soon travel to Colombia to spearhead an effort to increase her company's presence there. Sandy is concerned about her safety and has contacted a risk-assessment service for advice. -If Sandy is asked for personal information, she should ________.

(Multiple Choice)
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When a country's religious leaders are also its political leaders, its political system is called a ________.

(Short Answer)
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________ political systems include democracies, constitutional monarchies, and some aristocracies.

(Multiple Choice)
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The likelihood that a society will undergo political changes that negatively affect local business activity is called tribal totalitarianism.

(True/False)
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A ________ democracy is one in which all citizens participate freely and actively in the political process.

(Short Answer)
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Risk can be incorporated into business strategies using all of the following methods EXCEPT ________.

(Multiple Choice)
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Nationalization is more common than confiscation and expropriation.

(True/False)
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A country's political system derives from the history and culture of its people.

(True/False)
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When people who are capable of influencing the political system make an effort to do so, which of these is said to occur?

(Multiple Choice)
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The government of which of the following countries is currently a mix of communist and right-wing totalitarianism?

(Multiple Choice)
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A democracy guarantees high rates of economic growth and totalitarianism dooms a nation to slow economic growth.

(True/False)
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Civil rights include freedom of speech, freedom to organize political parties, and the right to a fair trial.

(True/False)
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China's political system is currently a mix of communist and right-wing totalitarianism.

(True/False)
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________ ideally grants the right to voice opinions freely and without fear of punishment.

(Short Answer)
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Latin American countries have some of the world's lowest kidnapping rates.

(True/False)
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Product liability laws hold only manufacturers, and not company officers, responsible for damage, injury, or death cased by defective products.

(True/False)
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The Swiss system of public referendums works because ________.

(Multiple Choice)
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