Write True on the space if the statement is correct. If it is false, explain why it is so. 9. Nonprofit organizations are considered part of civil society organizations that work together with the government in delivering social services to the people and communities 10. The three types of economic systems are communism socialism, and free enterprise.
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III. Write True on the space if the statement is correct. If it is false, explain why it is so.
9. Nonprofit organizations are considered part of civil society organizations that work together with the government in delivering social services to the people and communities
10. The three types of economic systems are communism socialism, and free enterprise.
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- 1. The film elaborates and mocks ideological justifications for capitalism. What were some of the claims for why capitalism is so good?NAME Rayan Abera Legal Environment PERIOD 4th. Entrepreneurship Test Chapter 8 30 POINTS. Multiple Choice Identify the choice that best completes the statement or answers the question. 1. A percentage of the price of an item that goes to a state or local government is a a. discount. c. patent. b. sales tax. d contract. 2. Which of the following terms means that you are legally able to enter into a binding agreement? legality C. agreement 6. consideration d. capacity 3. A binding legal agreement or promise to do something is a - a. c. contract. law. permit. d. license. 4. The federal agency that monitors product safety for items such as cosmetics, food items, and suntan lotions is - the a. Federal Trade Commission. b. Food and Drug Administration. C. American Bar Association. Consumer Product Safety Commission. 5. The law that established a minimum wage and maximum working hours is the a. Clayton Act. b. Fair Packaging and Labeling Act. Fair Labor Standards Act. d. Occupational Safety…Decide whether each of the following descriptions most closely corresponds to being part of a command system, a market system, or a laissez-faire system. a. A woman who wants to start a flower shop finds she cannot do so unless the central government has already decided to allow a flower shop in her area. b. Shops stock and sell the goods their customers want but the government levies a sales tax on each transaction in order to fund elementary schools, public libraries, and welfare programs for the poor. c. The only taxes levied by the government are to pay for national defense, law enforcement, and a legal system designed to enforce contracts between private citizens.
- 1. According to Robert Reich, what is the goal of a business? a. Preserving the environment b. Creating and adhering to corporate social responsibility guidelines c. Generating profit 2. True or false, Simpson argues global corporations enhance economic freedom and their power causes conflicts of interest and social problems. a. True b. False 3. Which of the following is a rule that the Macdonald and Williams-Jones argue need to be applied if a company is going to use genetic testing or screening on their employees? a. It must be mandatory b. The employee must pay out of pocket for the procedure c. The employee cannot be terminated due to the test results 4. According to Pava, why should businesses be required to adhere to corporate social responsibility standards? a. They are involved in more than just making money b. They effect the environment c. They effect the lives of their employees d. All the above 5. Why does Palmer reject government intervention in controlling the timber…1. What is a social enterprise? 2. Why is it considered as an alternative platform that can alleviate the plight of the poor? 3. What is a social economy? Why is it considered to be happening already? 4. What is the third and fourth socio-economic systems? 5. What is a neo-liberal agenda that will advance the public sector?Which of the following is not correct about a socialist economic system? a. Absence of Economic stability b. Absence of technology c. Absence of monopoly d. Absence of competition
- Give 5 examples of business that can help solve the societal problems.Question 1 of 10 Agar company is deciding on a location for a new factory. Its leaders finally agree on a plan to build the factory in a foreign country to take advantage of cheaper labor. Even though the plan is criticized by local activists and newspapers, the company moves ahead with it. Which element of the free enterprise system does this situation best reflect? A. Competition B. Individual freedom for producers C. Limited role of the government D. Profit motive SUPATE36. An ethic based on the fundamental value that relationships should be preserved and maintained is a _____ ethic.a. socialistb. retributivec. compensatoryd. communitarian
- Examples of Rational, Natural, Open System, Public, Profit and NonProfit Organizations?Imagine that you own your business. It does not need to be the same as in other questions, youare allowed to pick a different firm or product.a.Think about your production process. Please explain the technology that youuse in the production process.b.How do you think the technology that you use, affects the market structureand/or the demand of your product? Note that this question is NOT about howtechnology affects your production process, therefore, NOT about productivity, NOTabout the cost structure.In Denmark, the resources of the country are utilized efficiently to produce socially useful goods without considering the profit margin into account. This is because of the economic system of the country. What do you think about the economic system of Denmark? a. Denmark have market economic system b. Denmark have capitalist economic system c. Denmark have socialist economic system d. Denmark have mixed economic system