Kenn999: Test Bank Of Business and Society 9th Edition By Archle B

For Order This And Any Other Course, Assignments, Discussions, Quizzes,

Exams, Test Banks And Solutions Manuals

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

a. True

b. False

ANSWER:

POINTS:

True

DIFFICULTY: Easy

LEARNING OBJECTIVES: E1HC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking

STATE STANDARDS: United States- GEORGIA- DISC- ETHICAL RESPONSIBILITIES

KEYWORDS: Bloom's: Knowledge

2. The business environment in current times can best be described as turbulent.

a. True

b. False

ANSWER:

POINTS:

True

DIFFICULTY: Easy

LEARNING OBJECTIVES: E1HC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: -Environmental Influence

Bloom's: Comprehension

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

a. True

b. False

ANSWER:

POINTS:

True

DIFFICULTY: Easy

LEARNING OBJECTIVES: E1HC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: -Environmental Influence

Bloom's: Knowledge

4. Pluralism is a condition in which there is a concentration of power among society's groups and organizations.

a. True

b. False

ANSWER:

POINTS:

False

DIFFICULTY: Easy

LEARNING OBJECTIVES: E1HC.CARR.l5.01.02- 01.02

NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: -Environmental Influence

Bloom's: Comprehension

5. Stakeholders are the owners of shares in a corporation.

a. True

b. False

ANSWER: POINTS:

DIFFICULTY:

False

Moderate

LEARNING OBJECTIVES: E1HC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: -Environmental Influence

Bloom's: Knowledge

6. Common Cause and the U.S. Chamber of Commerce are examples of general purpose interest groups.

a. True

b. False

ANSWER: POINTS:

DIFFICULTY:

True

Moderate

LEARNING OBJECTIVES: E1HC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: -Environmental Influence

Bloom's: Comprehension

7. Business interacts with only a limited number of stakeholder groups.

a. True

b. False

ANSWER:

POINTS:

False

DIFFICULTY: Easy

LEARNING OBJECTIVES: E1HC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: -Environmental Influence

Bloom's: Comprehension

8. Affiuence refers to the level of wealth, disposable income, and standard ofliving of a society.

a. True

b. False

ANSWER:

POINTS:

True

DIFFICULTY: Easy

LEARNING OBJECTIVES: E1HC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Environmental Influence- Environmental Influence

Bloom's: Knowledge

9. The authors of the textbook lay the primary responsibility for business's problems on the media.

a. True

b. False

ANSWER:

POINTS:

False

DIFFICULTY: Easy

LEARNING OBJECTIVES: ETHC.CARR.15.01.04- 01.04

NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking

STATE STANDARDS: United States- GEORGIA- DISC- ETHICAL RESPONSIBILITIES

KEYWORDS: Bloom's: Knowledge

10. The common perception of business power is that there is too little of it to provide a balance with other social institutions.

a. True

b. False

ANSWER:

POINTS:

False

DIFFICULTY: Easy

LEARNING OBJECTIVES: ETHC.CARR.15.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Envirornnental Influence- Envirornnental Influence

Bloom's: Knowledge

11. Power is only manifest when it is used purposefully.

a. True

b. False

ANSWER:

POINTS:

False

DIFFICULTY: Easy

LEARNING OBJECTIVES: ETHC.CARR.15.01.04- 01.04

NATIONAL STANDARDS: United States- BUSPROG: Analytic:- BUSPROG: Analytic

STATE STANDARDS: United States- GEORGIA- DISC- ETHICAL RESPONSIBILITIES

KEYWORDS: Bloom's: Comprehension

12. The social contract is the set of rights and duties imposed on citizens by their goverrunent.

a. True

b. False

ANSWER:

POINTS:

False

DIFFICULTY: Easy

LEARNING OBJECTIVES: ETHC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking

STATE STANDARDS: United States- GEORGIA- DISC- ETHICAL RESPONSIBILITIES

KEYWORDS: Bloom's: Comprehension

13. The social contract in the modern era is changing rapidly and dramatically.

a. True

b. False

ANSWER:

POINTS:

True

DIFFICULTY: Easy

LEARNING OBJECTIVES: ETHC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking

STATE STANDARDS: United States- GEORGIA- DISC- ETHICAL RESPONSIBILITIES

KEYWORDS: Bloom's: Comprehension

14. Ethics refers to issues of right and wrong, fairness, and justice.

a. True

b. False

ANSWER:

POINTS:

True

DIFFICULTY: Easy

LEARNING OBJECTIVES: ETHC.CARR.l5.01.06- 01.06

NATIONAL STANDARDS: United States- BUSPROG: Analytic:- BUSPROG: Analytic

STATE STANDARDS: United States- GEORGIA- DISC- ETHICAL RESPONSIBILITIES

KEYWORDS: Bloom's: Knowledge

15. The Iron Law of Responsibility states that people who use power wisely will be rewarded with more power.

a. True

b. False

ANSWER:

POINTS:

False

DIFFICULTY: Easy

LEARNING OBJECTIVES: ETHC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking

STATE STANDARDS: United States- GEORGIA- DISC- ETHICAL RESPONSIBILITIES

KEYWORDS: Bloom's: Comprehension

16. The percentage of the U.S. population that has earned high school diplomas and college degrees has remained about the same over the last thirty years.

a. True

b. False

ANSWER:

POINTS:

False

DIFFICULTY: Easy

LEARNING OBJECTIVES: ETHC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Envirornnental Influence- Envirornnental Influence

Bloom's: Knowledge

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

a. True

b. False

ANSWER:

POINTS:

False

DIFFICULTY: Easy

LEARNING OBJECTIVES: ETHC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking

STATE STANDARDS: United States- GEORGIA- DISC- ETHICAL RESPONSIBILITIES

KEYWORDS: Bloom's: Knowledge

18. Movies depict corporate life as amoral and possibly deadly.

a. True

b. False

ANSWER:

POINTS:

True

DIFFICULTY: Easy

LEARNING OBJECTIVES: ETHC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking

STATE STANDARDS: KEYWORDS:

United States - Southeast - DISC - Environmental Influence

Bloom's: Knowledge

19. A child's assumption that he or she will have a higher standard ofliving than the previous generation is called the revolution of rising expectations.

a. True

b. False

ANSWER: POINTS:

DIFFICULTY:

True

Moderate

LEARNING OBJECTIVES: ETHC.CARR.l5- 01.01

NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking

STATE STANDARDS: KEYWORDS:

United States - Southeast - DISC - Environmental Influence

Bloom's: Comprehension

20. The principal internal stakeholders of a corporation are its customers and employees.

a. True

b. False

ANSWER: POINTS:

DIFFICULTY:

False

Moderate

LEARNING OBJECTIVES: ETHC.CARR.l5- 01.01

NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking

STATE STANDARDS: KEYWORDS:

United States - Southeast - DISC - Environmental Influence

Bloom's: Knowledge

21. Spheres of power describe the arenas in which power may be utilized.

a. True

b. False

ANSWER: POINTS:

DIFFICULTY:

True

MODERATE

LEARNING OBJECTIVES: ETHC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking

STATE STANDARDS: United States- GEORGIA- DISC- ETHICAL RESPONSIBILITIES

KEYWORDS: Bloom's: Comprehension

22. The concept of sustainability is derived from the notion of management development.

a. True

b. False

ANSWER: POINTS:

DIFFICULTY:

False

EASY

LEARNING OBJECTIVES: ETHC.CARR.15.01.06- 01.06

NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking

STATE STANDARDS: United States- GEORGIA- DISC- ETHICAL RESPONSIBILITIES

KEYWORDS: Bloom's: Comprehension

23. Which of the following is not listed as a general issue involving social or ethical ramifications within the relationship between business and society?

a. downsizing pension programs b. toxic waste disposal

c. insider trading

d. death penalties

ANSWER: POINTS:

DIFFICULTY:

EASY

LEARNING OBJECTIVES: ETHC.CARR.15.01.06- 01.06

NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking

STATE STANDARDS: United States- GEORGIA- DISC- ETHICAL RESPONSIBILITIES

KEYWORDS: Bloom's: Comprehension

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

a. the third sector. b. goverrnnent.

c. business.

d. the free market economy.

ANSWER: POINTS:

DIFFICULTY:

MODERATE

LEARNING OBJECTIVES: ETHC.CARR.15.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking

STATE STANDARDS: United States- GEORGIA- DISC- ETHICAL RESPONSIBILITIES

KEYWORDS: Bloom's: Comprehension

25. Which of the following characteristics of an industry does not add to the creation of visible and controversial social problems?

a. intense advertising b. creation of pollution c. geographic location

d. products that affect health

ANSWER: POINTS:

DIFFICULTY:

MODERATE

LEARNING OBJECTIVES: E1HC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking

STATE STANDARDS: United States- GEORGIA- DISC- ETHICAL RESPONSIBILITIES

KEYWORDS: Bloom's: Comprehension

26. A community, nation, or broad grouping of people having common traditions, values, institutions, and collective activities and interests is a

a. society. b. culture.

c. population.

d. network.

ANSWER: POINTS:

DIFFICULTY:

EASY

LEARNING OBJECTIVES: ETHC.CARR.l5- 01.01

NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking

STATE STANDARDS: United States- GEORGIA- DISC- ETHICAL RESPONSIBILITIES

KEYWORDS: Bloom's: Knowledge

27. A purposeful aggregation of people who represent a common cause or share common beliefs is called a(n)

a. special interest group. b. general interest group. c. interest group.

d. clique.

ANSWER: POINTS:

DIFFICULTY:

MODERATE

LEARNING OBJECTIVES: E1HC.CARR.l5.01.02- 01.02

NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking

STATE STANDARDS: United States- GEORGIA- DISC- ETHICAL RESPONSIBILITIES

KEYWORDS: Bloom's: Knowledge

28. Segments of business's macroenvironment include all of the following except

a. the social environment. b. the natural environment.

c. the economic environment.

d. the political environment.

ANSWER: POINTS:

DIFFICULTY:

MODERATE

LEARNING OBJECTIVES: ETHC.CARR.15.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking

STATE STANDARDS: United States- GEORGIA- DISC- ETHICAL RESPONSIBILITIES

KEYWORDS: Bloom's: Knowledge

29. The demographics, lifestyles, and social values of a society determine the firm's

a. social environment.

b. economic environment.

c. political environment.

d. technological environment.

ANSWER: POINTS:

DIFFICULTY:

MODERATE

LEARNING OBJECTIVES: ETHC.CARR.15.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking

STATE STANDARDS: United States- GEORGIA- DISC- ETHICAL RESPONSIBILITIES

KEYWORDS: Bloom's: Comprehension

30. Gross national product, inflation, interest rates, and unemployment rates are included in a finn's

a. social environment.

b. economic environment.

c. political environment.

d. technological environment.

ANSWER: POINTS:

DIFFICULTY:

MODERATE

LEARNING OBJECTIVES: ETHC.CARR.15.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Environmental Influence- Environmental Influence

Bloom's: Comprehension

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

a. social environment.

b. economic environment.

c. political environment.

d. technological environment.

ANSWER: POINTS:

DIFFICULTY:

EASY

LEARNING OBJECTIVES: E1HC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Environmental Influence- Environmental Influence

Bloom's: Comprehension

32. Technology-based advancements and progress in the applied sciences that help achieve a practical purpose is part of

a ftnn's

a. social environment.

b. political environment.

c. economic environment.

d. technological environment.

ANSWER: POINTS:

DIFFICULTY:

MODERATE

LEARNING OBJECTIVES: E1HC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG: Technology

STATE STANDARDS: United States- Georgia- DISC: OPERATIONS MANAGEMENT

KEYWORDS: Bloom's: Comprehension

33. Decentralization and diversity of power concentrations leads to a. anarchy.

b. a totalitarian society. c. a pluralistic society.

d. democracy.

ANSWER: POINTS:

DIFFICULTY:

MODERATE

LEARNING OBJECTIVES: E1HC.CARR.l5.01.03- 01.03

NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking

STATE STANDARDS: KEYWORDS:

United States- Georgia- DISC: GROUP DYNAMICS Bloom's: Comprehension

34. Strengths of pluralism include all of the following except

a. pursuit of self-interest.

b. prevention of concentrations of power. c. a built-in set of checks and balances.

d. maximization of freedom of expression.

ANSWER: POINTS:

DIFFICULTY:

MODERATE

LEARNING OBJECTIVES: ETHC.CARR.15.01.02- 01.02

NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking

STATE STANDARDS: KEYWORDS:

United States- Georgia- DISC: GROUP DYNAMICS Bloom's: Comprehension

35. Which of the following is not a weakness of pluralism?

a. prevention of concentrations of power b. pursuit of self-interest

c. overlapping goals, causing confusion about which groups best serve particular interests

d. emphasis on conflict

ANSWER: POINTS:

DIFFICULTY:

MODERATE

LEARNING OBJECTIVES: ETHC.CARR.15.01.02- 01.02

NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking

STATE STANDARDS: KEYWORDS:

United States- Georgia- DISC: GROUP DYNAMICS Bloom's: Comprehension

36. The sheer numbers of relationships that business has with other segments of society indicate the of its social

environment. a. simplicity b. size

c. divisiveness

d. complexity

ANSWER: POINTS:

DIFFICULTY:

MODERATE

LEARNING OBJECTIVES: ETHC.CARR.15.01.02- 01.02

NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking

STATE STANDARDS: KEYWORDS:

United States- Georgia- DISC: GROUP DYNAMICS Bloom's: Comprehension

37. Carrying the idea of a pluralistic society to an extreme leads to a. anarchy.

b. totalitarian government.

c. a special-interest society. d. a free market economy.

ANSWER: POINTS:

DIFFICULTY:

MODERATE

LEARNING OBJECTIVES: E1HC.CARR.l5.01.03- 01.03

NATIONAL STANDARDS: United States- BUSPROG:TECHNOLOGY- TECHNOLOGY

STATE STANDARDS: KEYWORDS:

United States- GEORGIA- DISC:GROUP DYNAMICS- GROUP DYNAMICS Bloom's: Comprehension

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

ANSWER: POINTS:

DIFFICULTY:

MODERATE

LEARNING OBJECTIVES: E1HC.CARR.l5.01.02- 01.02

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States- Georgia- DISC: GROUP DYNAMICS BLOOMS: COMPREHENSION

39. Major institutions in a pluralistic, special-interest society will inevitably receive a. pra1se.

b. special favors.

c. scmtiny and criticism. d. tax advantages.

ANSWER: POINTS:

DIFFICULTY:

MODERATE

LEARNING OBJECTIVES: E1HC.CARR.l5.01.02- 01.02

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States- Georgia- DISC: GROUP DYNAMICS BLOOMS: COMPREHENSION

40. Which of the following is not a factor in the social environment that has lead to the current climate of 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

ANSWER: POINTS:

DIFFICULTY:

MODERATE

LEARNING OBJECTIVES: ETHC.CARR.l5.01.05

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Environmental Influence- Environmental Influence

BLOOMS: COMPREHENSION

41. The average level of formal education in the United States is a. nsrng.

b. dropping.

c. staying about the same. d. unknown.

ANSWER: POINTS:

DIFFICULTY:

EASY

LEARNING OBJECTIVES: ETHC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Environmental Influence- Environmental Influence

BLOOMS: COMPREHENSION

42. Television raises our level of awareness about business in all of the following ways except

a. news programs.

b. prime-time programs.

c. pay-per-v1ew programs. d. commercials.

ANSWER: POINTS:

DIFFICULTY:

EASY

LEARNING OBJECTIVES: ETHC.CARR.l5.01.04- 01.04

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Environmental Influence- Environmental Influence

BLOOMS: KNOWLEDGE

43. Movies are a significant source of business criticism because

a. corporations are seen as powerful, profit-seeking enterprises that have no redeeming values. b. corporations are depicted as moral.

c. corporations represent free enterprise undoomed.

d. businesses are not greedy.

ANSWER: POINTS:

DIFFICULTY:

EASY

LEARNING OBJECTIVES: ETHC.CARR.15.01.04- 01.04

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Envirornnental Influence- Envirornnental Influence

BLOOMS: KNOWLEDGE

44. The belief that each succeeding generation should have a higher standard of living than its predecessor and that major institutions should continually improve is known as

a. the revolution of rising expectations. b. the iron cage of rationality.

c. the iron law of oligarchy.

d. the soft bigotry of low expectations.

ANSWER: POINTS:

DIFFICULTY:

EASY

LEARNING OBJECTIVES: ETHC.CARR.15.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Envirornnental Influence- Envirornnental Influence

BLOOMS: COMPREHENSION

45. A gap between society's expectations of social conditions and the current social realities is recognized as a. a social problem.

b. distributive justice.

c. the revolution of rising expectations. d. inevitable reality.

ANSWER: POINTS:

DIFFICULTY:

EASY

LEARNING OBJECTIVES: ETHC.CARR.15.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Envirornnental Influence- Envirornnental Influence

BLOOMS: COMPREHENSION

46. An entitlement mentality is

a. a necessary outgrowth of the welfare system.

b. an outgrowth of the revolution of rising expectations. c. the idea that one has to work for what one gets.

d. the idea that each citizen owes something to society.

ANSWER: POINTS:

DIFFICULTY:

EASY

LEARNING OBJECTIVES: ETHC.CARR.15.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Envirornnental Influence- Envirornnental Influence

BLOOMS: KNOWLEDGE

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

a. Rights Movement

b. Entitlement Mentality

c. Revolution of Rising Expectations d. Victimization philosophy

ANSWER: POINTS:

DIFFICULTY:

EASY

LEARNING OBJECTIVES: BUSPROG: Analytic

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Envirornnental Influence- Envirornnental Influence

BLOOMS: KNOWLEDGE

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

b. abuse. c. power.

d. dictatorship.

ANSWER: POINTS:

DIFFICULTY:

EASY

LEARNING OBJECTIVES: ETHC.CARR.15.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States - Georgia- DISC: LEADERSHIP PRINCIPLES BLOOMS: KNOWLEDGE

49. The levels of power include all of the following except

a. the macro level. b. the micro level.

c. the institutional level.

d. the individual level.

ANSWER: POINTS:

DIFFICULTY:

MODERATE

LEARNING OBJECTIVES: E1HC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States - Georgia- DISC: LEADERSHIP PRINCIPLES BLOOMS: COMPREHENSION

50. The macro level of business power resides in a. the Federal goverrnnent.

b. the overall corporate system. c. corporate CEOs.

d. particular industries.

ANSWER: POINTS:

DIFFICULTY:

MODERATE

LEARNING OBJECTIVES: E1HC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Envirornnental Influence- Envirornnental Influence

BLOOMS: COMPREHENSION

51. The intermediate level of business power is found in a. corporate headquarters.

b. the boards of individual corporations.

c. groups of corporations acting in concert. d. medium-sized corporations.

ANSWER: POINTS:

DIFFICULTY:

MODERATE

LEARNING OBJECTIVES: E1HC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Envirornnental Influence- Envirornnental Influence

BLOOMS: COMPREHENSION

52. The business power wielded by an individual finn is known as a. macro level power.

b. intermediate level power. c. micro level power.

d. individual level power.

ANSWER: POINTS:

DIFFICULTY:

MODERATE

LEARNING OBJECTIVES: E1HC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Envirornnental Influence- Envirornnental Influence

BLOOMS: COMPREHENSION

53. CEOs such as Virginia Rometty ofiBM or Tim Cook of Apple hold which level of power?

a. macro

b. micro

c. individual

d. intermediate

ANSWER: POINTS:

DIFFICULTY:

EASY

LEARNING OBJECTIVES: E1HC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Envirornnental Influence- Envirornnental Influence

BLOOMS: KNOWLEDGE

54. Which of the following is not a sphere of power indicated in the text?

a. economic

b. technological c. political

d. intermediate

ANSWER: POINTS:

DIFFICULTY:

MODERATE

LEARNING OBJECTIVES: E1HC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Envirornnental Influence- Envirornnental Influence

BLOOMS: COMPREHENSION

55. The set of two-way understandings that characterize the relationships between major social institutions is called the a. implied contract.

b. unilateral binding accord. c. social contract.

d. procedural justice agreement.

ANSWER: POINTS:

DIFFICULTY:

EASY

LEARNING OBJECTIVES: E1HC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Envirornnental Influence- Envirornnental Influence

BLOOMS: KNOWLEDGE

56. Which oftbe following is not an element oftbe social contract?

a. laws

b. employment contracts c. regulations

d. shared understandings

ANSWER: POINTS:

DIFFICULTY:

MODERATE

LEARNING OBJECTIVES: E1HC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Envirornnental Influence- Envirornnental Influence

BLOOMS: KNOWLEDGE

57. Stakeholders include all of the following groups except

a. owners.

b. employees.

c. customers.

d. all of these are stakeholder groups.

ANSWER: POINTS:

DIFFICULTY:

EASY

LEARNING OBJECTIVES: E1HC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Envirornnental Influence- Envirornnental Influence

BLOOMS: KNOWLEDGE

58. An internal stakeholder is a person or group who a. exist outside the boundaries of the finn.

b. is located in the same country in which the firm in located.

c. is defmed as an "insider" in laws regulating fmancial markets. d. is "inside" the company, such as employees and owners.

ANSWER: POINTS:

DIFFICULTY:

EASY

LEARNING OBJECTIVES: E1HC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Envirornnental Influence- Envirornnental Influence

BLOOMS: COMPREHENSION

59. The government, consumers, and members of the community are examples of a. stockholders.

b. the technological envirornnent. c. external stakeholders.

d. primary stakeholders.

ANSWER: POINTS:

DIFFICULTY:

EASY

LEARNING OBJECTIVES: E1HC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Envirornnental Influence- Envirornnental Influence

BLOOMS: KNOWLEDGE

60. "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

a. The Iron Law of Oligarchy. b. The Iron Cage of Rationality.

c. The Iron Law of Responsibility.

d. The Peter Principle.

ANSWER: POINTS:

DIFFICULTY:

MODERATE

LEARNING OBJECTIVES: E1HC.CARR.l5.01.04- 01.04

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: United States- Georgia- DISC: ETHICAL RESPONSIBILITIES

KEYWORDS: BLOOMS: COMPREHENSION

61. The examination of business and its relationship to society typically focuses on a. big business and highly visible industries.

b. all business and all industries.

c. small business and highly visible industries. d. none of these.

ANSWER: POINTS:

DIFFICULTY:

EASY

LEARNING OBJECTIVES: E1HC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: United States -Georgia- DISC: Envirornnental Influence- Envirornnental Influence

United States - Georgia -DISC: ETHICAL RESPONSIBILITIES

KEYWORDS:

BLOOMS: COMPREHENSION

62. The most important stakeholders of a business are typically its a. employees.

b. government.

c. consumers.

d. owners.

ANSWER: POINTS:

DIFFICULTY:

MODERATE

LEARNING OBJECTIVES: E1HC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Envirornnental Influence- Envirornnental Influence

BLOOMS: COMPREHENSION

63. When a business affects the life of a member of the surrounding community without meaning to, the company has wielded

a. coerc1ve power. b. deliberate power. c. hidden power.

d. unintentional power.

ANSWER: POINTS:

DIFFICULTY:

EASY

LEARNING OBJECTIVES: E1HC.CARR.l5.01.04- 01.04

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Envirornnental Influence- Envirornnental Influence

BLOOMS: COMPREHENSION

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

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

ANSWER: POINTS:

DIFFICULTY:

MODERATE

LEARNING OBJECTIVES: ETHC.CARR.15.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG: Ethics

STATE STANDARDS: United States- Georgia- DISC: ETHICAL RESPONSIBILITIES

KEYWORDS: BLOOMS: COMPREHENSION

Provide a short answer to each of these questions. Be sure to fully explain your answer.

65. The authors of the textbook say that, at a general level, they will be discussing the role of business in society. What do they mean by "the role of business in society?"

ANSWER:

POINTS: DIFFICULTY:

The role of business in society refers to the purpose(s) that business has as an integral part of the overall society. The concept of "role" encompasses both the function(s) that business has, such as the production and distribution of goods and service, and the emphasis or power that business has relative to other parts of society, such as government or religion.

EASY

LEARNING OBJECTIVES: ETHC.CARR.15.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Environmental Influence- Environmental Influence

BLOOMS: COMPREHENSION

66. Why does discussion of the institution of business tend to focus on big business?

ANSWER:

POINTS: DIFFICULTY:

When we think of business, we tend to think of the highly visible products and services that are made available by large corporations. They advertise more than do local companies, so people all over the country (or world) are familiar with Coca-Cola, while relatively few have heard of the hair styling salon where you get your hair cut. In addition, people tend to equate size with power, and we pay closer attention to the powerful than we do to those without power (just think of the attention a student pays

to the professor or dean, compared to the lack of attention given to a janitor or

groundskeeper).

EASY

LEARNING OBJECTIVES: ETHC.CARR.15.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Environmental Influence- Environmental Influence

BLOOMS: COMPREHENSION

67. Describe the virtues of a pluralistic society.

ANSWER:

POINTS: DIFFICULTY:

Figure 1-1 lists five virtues of a pluralistic society. These include I) prevention of concentrations of power, 2) maximization of freedom of expression and action, while striking a balance between monism and anarchy, 3) allegiance of individuals to groups

is dispersed, 4) creation of widely diversified set ofloyalties to many organizations, and

5) provides a built-in set of checks and balances.

EASY

LEARNING OBJECTIVES: E1HC.CARR.l5.01.02- 01.02

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Envirornnental Influence- Envirornnental Influence

BLOOMS: KNOWLEDGE

68. Explain the role that television plays in creating a climate critical of business.

ANSWER:

POINTS: DIFFICULTY:

Television is, by far, the most pervasive medium through which information is conveyed in our society. Thus, the content of television programming outweighs information provided by all other media. Specifically, television has spotlighted business failings on news programs, it depicts business and executives in a predominantly negative light on prime-time programs, and commercials (purchased by business) tend to exaggerate the benefits of the featured products and services.

MODERATE

LEARNING OBJECTIVES: E1HC.CARR.l5.01.04- 01.04

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Envirornnental Influence- Envirornnental Influence

BLOOMS: COMPREHENSION

69. The authors discuss the rights movement as a contributing factor in the climate that is critical of business. What are

"rights?"

ANSWER:

POINTS: DIFFICULTY:

Rights are the entitlement to certain life chances and freedom from certain limitations that are accorded to persons simply because they have been born and are alive. Rights are not earned by the individual, nor are they given by other parties. There is an ongoing debate about what rights people have (e.g., is access to adequate health care a right or a privilege that one must pay for?), and some rights are more widely

recoguized than others. For example, the right to freedom of speech is recognized by

the government, but the same right may not be recoguized in Russia or Iran.

MODERATE

LEARNING OBJECTIVES: E1HC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Envirornnental Influence- Envirornnental Influence

BLOOMS: COMPREHENSION

70. The authors state, "the philosophy of victimization is intimately related to and sometimes inseparable from the rights movement and the entitlement mentality." Explain how these three concepts are related.

ANSWER: The rights movement generally seeks to identify and obtain more and more rights for people (or at least a particular group of people). As the general level of affluence and education has risen, people in general have felt entitled to be more free and gain more opportunities. When there is a shortfall between the rights that people expect and what they have, they may feel victimized by others. Key to this process is the general expectation that a person is entitled to more simply because he/she exists, not because

he/she has earned it.

POINTS: DIFFICULTY:

MODERATE

LEARNING OBJECTIVES: E1HC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Environmental Influence- Environmental Influence

BLOOMS: COMPREHENSION

71. Explain what is meant by spheres of power.

ANSWER:

POINTS: DIFFICULTY:

The concept of spheres of power recognizes that a person or organization may have different levels of influence in different areas of society. For example, the Pope is widely recognized to have authority and power relative to matters of organized religion. However, his power in the technological environment is largely non-existent. Similarly, the National Collegiate Athletic Association (NCAA) is extremely powerful in the field of intercollegiate athletics, but is not a factor in the ecological concerns.

MODERATE

LEARNING OBJECTIVES: E1HC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Environmental Influence- Environmental Influence

BLOOMS: COMPREHENSION

72. Explain the rationale that is the foundation of The Iron Law of Responsibility.

ANSWER:

POINTS: DIFFICULTY:

The Iron Law of Responsibility states, "In the long run, those who do not use power in a manner which society considers responsible will tend to lose it." This concept is

based on the idea of legitimacy, or the proper use of power. If society does not see the use of power as legitimate, the party holding the power will eventually lose that power. An excellent example is the history of Nazi Germany. Nazis rose to power in Germany, but as German society (as well as other countries) saw the abuses of power wielded

by Hitler, their legitimacy waned. World War II is ample evidence of the lengths that parties will go to wrest power from those who abuse it. Numerous assassination plots against Hitler also show the internal opposition he engendered.

MODERATE

LEARNING OBJECTIVES: E1HC.CARR.l5.01.04- 01.04

NATIONAL STANDARDS: United States- BUSPROG: Ethics

STATE STANDARDS: United States- Georgia- DISC: ETHICAL RESPONSIBILITIES

KEYWORDS: BLOOMS: COMPREHENSION

73. Describe what the authors mean by the managerial approach taken in the textbook.

ANSWER:

POINTS: DIFFICULTY:

Business managers are judged ahnost exclusively on their ability to accomplish the goals of the organization. For this reason, managers excel at the practical--they are accustomed to dealing with situations in rational and systematic ways. This approach carries over into ethical and social matters as well. In addition, managers must focus on both short-term and long-term implications of their decisions and actions. The textbook will likewise approach issues of business and society from this perspective.

EASY

LEARNING OBJECTIVES: E1HC.CARR.l5.01.06- 01.06

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Envirornnental Influence- Envirornnental Influence

BLOOMS: COMPREHENSION

74. What is the difference between internal and external stakeholders?

ANSWER: The primary difference between internal and external stakeholders is their relationship to the frrm. Internal stakeholders are considered to be "insiders"--that is, they have a direct impact on the decisions and operations of the firm. Owners and employees are the most widely recognized internal stakeholders. External stakeholders are those parties "outside" the frrm--those who may be able to influence the decisions and actions taken inside the organization, but cannot directly implement them. The goverrnnent, consumers, and community members are primary external stakeholders. For those familiar with the concept of line and staff functions within an organization, internal stakeholders can be thought of as analogous to the line, and external stakeholders as

similar to staff functions.

POINTS: DIFFICULTY:

MODERATE

LEARNING OBJECTIVES: E1HC.CARR.l5.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Envirornnental Influence- Envirornnental Influence

BLOOMS: COMPREHENSION

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.

75. The key elements of a pluralistic society are decentralization and diversity of power. Using what you know about

American society, do you consider it to be a pluralistic society? Why or why not?

ANSWER:

POINTS: DIFFICULTY:

Whether students say American society is pluralistic, not pluralistic, or somewhere in between, is oflittle consequence. The important part of the answer will be in the defense of the position taken. Students who say it is pluralistic should be emphasizing the dispersion of power among various social institutions (e.g., religion, business, education, govermnent, etc.) and specific interest groups such as the National Rifle Association or Common Cause. Students who say American society is not pluralistic should recognize significant concentrations of power among certain groups like the oil

industry, the military-industrial complex, or Microsoft. A more sophisticated answer will

recognize that there are arguments to be made on both sides of the question, and will cite examples of both in support of their stance.

MODERATE

LEARNING OBJECTIVES: ETHC.CARR.15.01.02- 01.02

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Enviromnental Influence- Enviromnental Influence

BLOOMS: COMPREHENSION

76. If "rights" are the entitlement to certain life chances and freedom from certain limitations that are accorded to persons simply because they have been born and are alive, what else does the existence of rights imply?

ANSWER:

POINTS: DIFFICULTY:

Most students will have difficulty answering this question, primarily because society's dominant paradigm focuses solely on rights. But with a little encouragement and direction, students will realize that for every right they possess, a duty or obligation is imposed on everyone else. Thus, if Mary has the right of free speech, Joe (and everyone else) necessarily has the duty not to impinge on Mary's right. A right to life creates a duty not to cause cessation of life. Rights create obligations. The problem comes when one's duty (alternatively, another's rights) interferes with one's rights.

CHALLENGING

LEARNING OBJECTIVES: ETHC.CARR.15.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Enviromnental Influence- Enviromnental Influence

BLOOMS: COMPREHENSION

77. 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.

ANSWER: John Kenneth Galbraith, one of the most influential economists of the 20th century, termed these other forces countervailing powers. Some of these include the power of unions, government regulation, religious tenets, and societal pressures. Students should describe, with some detail, how the countervailing powers could mitigate business power. However, they should also recognize that business power is, by far, the single strongest current in society today. Unions have been effectively neutralized, business heavily influences goverrnnent regulation, and religion has suffered a siguificant decline

in its influence.

POINTS: DIFFICULTY:

CHALLENGING

LEARNING OBJECTIVES: ETHC.CARR.15.01.02- 01.02

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Envirornnental Influence- Envirornnental Influence

BLOOMS: COMPREHENSION

78. Choose a particular corporation and describe the power it wields in different spheres.

ANSWER: Obviously, each student may pick a different corporation, so generalizing here is impossible. However, as an example, Microsoft has ahnost complete power in its portion of the technological sphere. With well over 90 percent of the operating system market, Microsoft virtually controls this aspect of computer technology. It also exerts siguificant political power through carnpaigu contributions and lobbying efforts. The favorable resolution of the anti-trust case against Microsoft after the Bush

administration took office is an obvious example of this power. Another major sphere in

which Microsoft exerts power (more specifically the Bill and Melinda Gates

Foundation) is the health arena. This foundation donates siguificant amounts of money to research and treatment initiatives.

POINTS: DIFFICULTY:

MODERATE

LEARNING OBJECTIVES: ETHC.CARR.15.01.01- 01.01

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: KEYWORDS:

United States -Georgia- DISC: Envirornnental Influence- Envirornnental Influence

BLOOMS: COMPREHENSION

79. Using the managerial approach discussed in the textbook, discuss the topic of ecological damage and sustainability as they relate to business.

ANSWER:

POINTS: DIFFICULTY:

Students' level of knowledge regarding environmental issues will vary widely. At a minimum, they should recognize that business plays a large role in the creation of the pollution that degrades the envirornnent. With this in mind, they should explore potential conflicts between profits and pollution control efforts, the effects that ecological damage has on various stakeholders, and the implications for future quality oflife. Students will disagree on the short-term urgency of the envirornnental question, but most should recognize that there are long-term sustainability issues that must be dealt with at some point. If they are not, the future of the world is in grave peril.

CHALLENGING

LEARNING OBJECTIVES: E1HC.CARR.l5.01.04- 01.04

NATIONAL STANDARDS: United States- BUSPROG: Analytic

STATE STANDARDS: United States- Georgia- DISC: ETHICAL RESPONSIBILITIES

KEYWORDS: BLOOMS: COMPREHENSION

Kenn999

Wednesday 1 March 2017

Test Bank Of Business and Society 9th Edition By Archle B

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