Question 1

The countervailing forces model accepts the absolute primacy of business as in the dominance model.

Accepted Answer

A) True 
 B)False

Question 2

An enduring belief about which fundamental choices in personal and social life are "correct" is a(n)_______.

Accepted Answer

A)  value 
B)  institution 
C)  function 
D)  process 
A)  value 
B)  institution 
C)  function 
D)  process

Question 3

Discuss the importance of the BGS field.

Accepted Answer

To succeed in meeting its objectives,a b

Question 4

________ refers to a market economy in which the dominant businesses are large firms run by salaried managers,not smaller firms run by owner-entrepreneurs.

Accepted Answer

A)  Socialism 
B)  Managerial capitalism 
C)  Marxism 
D)  Egalitarianism 
A)  Socialism 
B)  Managerial capitalism 
C)  Marxism 
D)  Egalitarianism

Question 5

The structures and processes in a society that authoritatively make and apply policies and rules are called ________.

Accepted Answer

A)  ideas 
B)  ideologies 
C)  governments 
D)  institutions 
A)  ideas 
B)  ideologies 
C)  governments 
D)  institutions

Question 6

All of the following statements are true about theories EXCEPT that:

Accepted Answer

A)  they simplify and organize areas of knowledge. 
B)  they integrate entire fields of knowledge. 
C)  they are statements or visions that create insight. 
D)  they are important in every field. 
A)  they simplify and organize areas of knowledge. 
B)  they integrate entire fields of knowledge. 
C)  they are statements or visions that create insight. 
D)  they are important in every field.

Question 7

What is the difference between primary and secondary stakeholders? Give examples.

Accepted Answer

Primary stakeholders are those for which

Question 8

What is a society? Discuss its elements.

Accepted Answer

A society is a cooperative network of hu

Question 9

The business-government-society (BGS)field is the study of this environment and its importance for managers.

Accepted Answer

A) True 
 B)False

Question 10

Critics of the stakeholder model argue that it:

Accepted Answer

A)  creates prosperity at the cost of rising inequality. 
B)  primarily represents the perspective of the business and government. 
C)  seeks to give power to the powerless by replacing force with ethical duty. 
D)  has received little support from leading global organizations. 
A)  creates prosperity at the cost of rising inequality. 
B)  primarily represents the perspective of the business and government. 
C)  seeks to give power to the powerless by replacing force with ethical duty. 
D)  has received little support from leading global organizations.

Question 11

Discuss the arguments against the stakeholder model.

Accepted Answer

Critics argue that the stakeholder model

Question 12

Which of the following is NOT one of the basic BGS models?

Accepted Answer

A)  The market capitalism model 
B)  The dominance model 
C)  The collective business model 
D)  The stakeholder model 
A)  The market capitalism model 
B)  The dominance model 
C)  The collective business model 
D)  The stakeholder model

Question 13

Which of the following statements is true about ideologies?

Accepted Answer

A)  All ideologies have the power to organize collective activity. 
B)  Ideologies are structures and processes that authoritatively make and apply policies and rules. 
C)  Ideologies are essential to coordinate the work of individuals who have no direct relationship with each other. 
D)  Secular and sacred ideologies are distinct from one another and rarely overlap. 
A)  All ideologies have the power to organize collective activity. 
B)  Ideologies are structures and processes that authoritatively make and apply policies and rules. 
C)  Ideologies are essential to coordinate the work of individuals who have no direct relationship with each other. 
D)  Secular and sacred ideologies are distinct from one another and rarely overlap.

Question 14

The structures and processes in a society that make and apply policies and rules are called businesses.

Accepted Answer

A) True 
 B)False

Question 15

Which of the following is a criticism of the stakeholder model?

Accepted Answer

A)  It does not account for changes that take place in the ideas and processes of society. 
B)  It generally reflects a way of looking at the BGS relationship Western nations. 
C)  There is no single,clear,and objective measure to evaluate the combined ethical/economic performance of a firm. 
D)  It has a negative impact on a corporation's wealth-creating function. 
A)  It does not account for changes that take place in the ideas and processes of society. 
B)  It generally reflects a way of looking at the BGS relationship Western nations. 
C)  There is no single,clear,and objective measure to evaluate the combined ethical/economic performance of a firm. 
D)  It has a negative impact on a corporation's wealth-creating function.

Question 16

The broad duties of a business that are needed to obtain the support of society are called its social contract.

Accepted Answer

A) True 
 B)False

Question 17

What is strategic management?

Accepted Answer

Strategic management refers to

Question 18

Discuss the stakeholder model of the BGS relationship.

Accepted Answer

The stakeholder model shows the corporat

Question 19

Which of the following statements about the stakeholder model is true?

Accepted Answer

A)  It reorders the priorities of management away from those in the market capitalism model. 
B)  Exponents of this model agree on how to identify a stakeholder. 
C)  It makes a realistic assessment of power relationships between the corporation and other entities. 
D)  It sets up clear guidelines to measure profit. 
A)  It reorders the priorities of management away from those in the market capitalism model. 
B)  Exponents of this model agree on how to identify a stakeholder. 
C)  It makes a realistic assessment of power relationships between the corporation and other entities. 
D)  It sets up clear guidelines to measure profit.

The countervailing forces model accepts the absolute primacy of business as in the dominance model.

An enduring belief about which fundamental choices in personal and social life are "correct" is a(n)_______.

Discuss the importance of the BGS field.

________ refers to a market economy in which the dominant businesses are large firms run by salaried managers,not smaller firms run by owner-entrepreneurs.

The structures and processes in a society that authoritatively make and apply policies and rules are called ________.

All of the following statements are true about theories EXCEPT that:

What is the difference between primary and secondary stakeholders? Give examples.

What is a society? Discuss its elements.

The business-government-society (BGS)field is the study of this environment and its importance for managers.

Critics of the stakeholder model argue that it:

Discuss the arguments against the stakeholder model.

Which of the following is NOT one of the basic BGS models?

Which of the following statements is true about ideologies?

The structures and processes in a society that make and apply policies and rules are called businesses.

Which of the following is a criticism of the stakeholder model?

The broad duties of a business that are needed to obtain the support of society are called its social contract.

What is strategic management?

Discuss the stakeholder model of the BGS relationship.

Which of the following statements about the stakeholder model is true?

The Dynamic Environment

Business Power

Critics of Business

Corporate Social Responsibility

Implementing Corporate Social Responsibility

Business Ethics

Making Ethical Decisions in Business

Business in Politics

Regulating Business

Multinational Corporations

Globalization, Trade, and Corruption

Industrial Pollution and Environmental Regulation

Managing Environmental Quality

Consumerism

The Changing Workplace

Civil Rights, Women, and Diversity

Corporate Governance

Filters

Exam 1: The Study of Business, Government, and Society

The countervailing forces model accepts the absolute primacy of business as in the dominance model.

An enduring belief about which fundamental choices in personal and social life are "correct" is a(n)_______.

Discuss the importance of the BGS field.

________ refers to a market economy in which the dominant businesses are large firms run by salaried managers,not smaller firms run by owner-entrepreneurs.

The structures and processes in a society that authoritatively make and apply policies and rules are called ________.

All of the following statements are true about theories EXCEPT that:

What is the difference between primary and secondary stakeholders? Give examples.

What is a society? Discuss its elements.

The business-government-society (BGS)field is the study of this environment and its importance for managers.

Critics of the stakeholder model argue that it:

Discuss the arguments against the stakeholder model.

Which of the following is NOT one of the basic BGS models?

Which of the following statements is true about ideologies?

The structures and processes in a society that make and apply policies and rules are called businesses.

Which of the following is a criticism of the stakeholder model?

The broad duties of a business that are needed to obtain the support of society are called its social contract.

What is strategic management?

Discuss the stakeholder model of the BGS relationship.

Which of the following statements about the stakeholder model is true?

The Dynamic Environment

Business Power

Critics of Business

Corporate Social Responsibility

Implementing Corporate Social Responsibility

Business Ethics

Making Ethical Decisions in Business

Business in Politics

Regulating Business

Multinational Corporations

Globalization, Trade, and Corruption

Industrial Pollution and Environmental Regulation

Managing Environmental Quality

Consumerism

The Changing Workplace

Civil Rights, Women, and Diversity

Corporate Governance

Filters