BUS 100 Final Review Quiz 2 – Flashcards
Unlock all answers in this set
Unlock answersquestion
Departments, or offices that reach across the dividing line between business & society are
answer
Boundary-spanning departments
question
Departments, or offices that reach across the dividing line between business & society are
answer
Boycotting products they believe are too expensive.
question
A performance expectations gap refers to
answer
A gap between what stakeholders expect and what is happening
question
Firms that generally act only when forced to do so, and then in a defensive manner are:
answer
Reactive companies
question
The iron law of responsibility says that
answer
hose who do not use power responsibly will lose it.
question
A commitment to social and environmental responsibility worldwide, it is called
answer
Global Corporate Citizenship
question
Which of the following examples illustrate an ethics issue about cross-cultural contradictions
answer
Marketing a pesticide abroad that has been banned in the U.S
question
People everywhere depend on ethical systems to tell them whether their actions are:
answer
Right or wrong
question
All of the following are considered to be ethical issues for marketing professionals except:
answer
ignoring market fair dealing.
question
If a manager approaches ethical issues with a self-centered approach, emphasis will be on
answer
Economic efficiency
question
Government's role is to create and enforce laws that
answer
Balance the relationship between business and society.
question
Cooperation between business and government often occurs when:
answer
They encounter a common problem or enemy.
question
Which of the following represents a remedy for an antitrust violation?
answer
Breaking up a monopoly.
question
Past decisions of the courts, the original basis for the U.S. legal system, are called:
answer
Common laws
question
In the U.S., most solid waste ends up:
answer
In landfills
question
Some researchers believe that business firms moving towards ecological sustainability results
answer
Competitive advantages.
question
The practical applications of science and knowledge to commercial and organizational activities
answer
Technology
question
The digital divide describes the gap between those:
answer
Individuals who have technology and those who do not
question
The purpose of the right to be forgotten is to:
answer
Increase protection of privacy and personal information
question
Most U.S. state laws permit the monitoring of employees through
answer
All of the above.
question
the mission of the Securities and Exchange Commission (SEC) is to:
answer
Making sure that stock markets are run fairly
question
Which of the following arguments supports the concept of high executive compensation?
answer
Provide an incentive for innovation and risk-taking.
question
if someone is entitled to be treated in a certain way, this refers to a(n)
answer
Right
question
Some studies have shown that the burden of complying with safety regulations falls hardest on:
answer
Small businesses.
question
An example of an international financial and trade institution is:
answer
World Bank. International Monetary Fund. World Trade Organization. All of the above
question
According to the United Nations, a feature of democracy is:
answer
A. Fair elections. An independent media. A balance of power among branches of government. D. All of the above.
question
Differences of human characteristics that distinguish people from one another is called
answer
Diversity
question
A company can increase diversity and inclusion in the workforce by:
answer
Accommodating family needs outside of work.
question
A corporate political strategy does not:
answer
Determine the legal limits allowed for campaign financing.
question
To influence government policymakers' actions, an information strategy involves
answer
Business leaders speaking before government policymakers.
question
Which of the following is (are) core rights of consumers?
answer
Business leaders speaking before government policymakers.
question
One alternative to product liability lawsuits is called:
answer
Alternative dispute resolution.
question
Another term for corporate giving is corporate:
answer
Philanthropy
question
The term civic engagement describes
answer
Businesses & individuals improving communities together
