business and society Essay

1716 WordsOct 25, 20147 Pages
Chapter 1 MULTIPLE CHOICE 1. 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 ANS: D PTS: 1 REF: 4 NAT: AACSB Ethics | Ethical Responsibilities 2. 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. government. c. business. d. the free market economy. ANS: C PTS: 1 REF: 5 NAT: AACSB Analytic | Environmental Influence 3. Which of the following characteristics of an industry does not add to the…show more content…
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. ANS: C PTS: 1 REF: 10 NAT: AACSB Analytic | Environmental Influence 16. 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. ANS: C PTS: 1 REF: 10 NAT: AACSB Analytic | Environmental Influence 17. Major institutions in a pluralistic, special-interest society will inevitably receive a. praise. b. special favors. c. scrutiny and criticism. d. tax advantages. ANS: C PTS: 1 REF: 11 NAT: AACSB Analytic | Environmental Influence 18. 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. the Protestant work ethic ANS: D PTS: 1 REF: 13-17 NAT: AACSB Analytic | Environmental Influence 19. The average level of formal education in the United States is a. rising. b. dropping. c. staying about the same. d. unknown. ANS: A PTS: 1 REF: 13 NAT: AACSB Analytic | Individual Dynamics 20. Television raises our level of awareness about business

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