_____ is a form of government requiring popular sovereignty, political liberty, and
majority rule.
A.Democracy
B.Socialism
C.Communism
D.Liberalism
The _____ sets drinking water standards, but the _____ regulates bottled water.
A.Food Safety and Inspection Service; Consumer Product Safety Commission
B.Consumer Product Safety Commission; Food Safety and Inspection Service
C.Environmental Protection Agency; Food and Drug Administration
D.Food and Drug Administration; Environmental Protection Agency
The first step in the formation of this organization was taken in 1987 when the United
States and Canada signed a free trade agreement.
A.IMF
B.EU
C.WTO
D.NAFTA
Which of the following is a major reason for the diffusion and decentralization of power
in the government?
A.Congress dominated by a few major leaders.
B.Lack of reforms in Congress.
C.The rise of political parties.
D.Increased complexity of government.
The large cohort of workers born between 1946 and 1964 are known as:
A.the baby-boom generation.
B.Gen X.
C.Gen Y.
D.the baby-bust generation.
A profit-making activity that provides products and services that are intended to satisfy
human needs is called a(n) _______.
A.business
B.NGO
C.government
D.society
A(n) _____ is an animated, interactive realm of plants, animals, and microorganisms
inhabiting an area of the nonliving environment.
A.niche
B.ecosystem
C.biotope
D.ionosphere
Which of the following agencies acts against housing and loan discrimination?
A.The Federal Trade Commission
B.The Bureau of Consumer Financial Protection
C.The Equal Employment Opportunity Commission
D.The Federal Deposit Insurance Corporation
At one point of time, courts consistently held charitable gifts to be ____, that is,
“beyond the law,” because the charters prevalent during that time did not expressly
permit them.
A.bona fide
B.ultra vires
C.mala fide
D.ab extra
A tax or duty charged by a government on goods moved across a border is known as a:
A.tariff.
B.subsidy.
C.quota.
D.trade barrier.
_____ refers to a situation that arises when an individual sits on the board of directors
of two or more corporations.
A.Collaborative leadership
B.Director interlock
C.Office sharing
D.Directorate formation
According to the Committee for Economic Development, the _____ circle of social
responsibility aims at efficient execution of economic functions so that the society can
achieve economic growth.
A.intermediate
B.inner
C.external
D.outer
The _____ Act requires each agency to set up an adjudication process leading to trial
before an administrative law judge.
A.Congressional Accountability
B.Administrative Procedure
C.Congressional Review
D.Apportionment
How does the National Highway Traffic Safety Administration (NHTSA) protect
consumers?
All variations of ethical principle should conform to which of the following?
A.Hypernorms
B.Externalities
C.Moral muteness
D.Master morality
The estimated burden of disease caused by pollution is calculated as the percentage of
deaths and:
A.average years of life lost.
B.expected years of life lost.
C.disability-adjusted life years.
D.quality-adjusted life years.
According to Thomas Donaldson and Thomas W. Dunfee, the right to political
participation is a(n):
A.master morality.
B.example of reciprocity.
C.hypernorm.
D.example of moral muteness.
According to Thomas Donaldson and Thomas W. Dunfee, the idea that “inconsistent
norms” are acceptable as long as they do not violate any hypernorms is called:
A.amorality.
B.moral free space.
C.reciprocity.
D.moral muteness.
When a manager “cuts corners” by acting in questionable ways, he/she is acting
according to the:
A.rights ethic.
B.intuition ethic.
C.ends-means ethic.
D.utilitarian ethic.
In the American society, the _____ were the first businesses to require modern
management structures.
A.railroads
B.airways
C.car manufacturers
D.glass makers
Which of the following rejects ethical perfection, taking the position that human affairs
will be characterized by flawed behavior and ought to be depicted as they are, not as we
might wish them to be?
A.The legalist school
B.The school of ethical relativism
C.The realist school
D.The school of ethical universalism
A/an _____ is a model of the methods an organization can use to achieve certain goals.
A.process certification
B.service principle
C.assurance standard
D.management standard
Which of the following is true regarding the Interstate Commerce Commission?
A.It was an executive agency.
B.It was run by 10 commissioners.
C.The commissioners served staggered six-year terms.
D.Five of the commissioners were to be of any one political party.
Which of the following is an example of quid pro quo?
A.The interviewer tells Brenda that her qualifications are excellent for a female
employee.
B.Charles Inc., requires that all female employees wear high heels during work hours.
C.David is often asked to work overtime because he is a bachelor.
D.Ariana is denied a promotion because she refuses to go out with her boss.
Which of the following is a characteristic of a democracy?
A.Single party rule
B.Universal suffrage
C.Enforced political authority
D.Country is ruled by famous citizens
The _____ is calculated as the total land area, in hectares, required to maintain
worldwide human consumption of food, wood, fiber, energy, and water.
A.Living Planet Index
B.Environmental Impact Index
C.Ecological Footprint
D.Water Footprint
Milton Friedman:
A.advocated policies to minimize the market’s role.
B.wanted the practice of Social Security to continue.
C.wanted the detailed regulations of industries to continue.
D.desired to turn America’s national parks over to corporations.
A combination of business interestsincluding corporations, trade associations, and peak
associationsunited to pursue a political goal is known as a(n):
A.institution.
B.legation.
C.coalition.
D.agency.
In return for converting resources efficiently into needed goods and services, society
gives corporations the authority to take necessary actions and permits a profit. This
agreement derives from:
A.natural law.
B.positive law.
C.libertarianism.
D.social contract.
Which of the following is true regarding salarymen?
A.They constantly look for better opportunities.
B.Their performance is not stressed upon.
C.They take constant vacations.
D.They must work long hours.
Formal statements of aspirations, principles, guidelines and rules, for corporate
behavior are known as:
A.codes of conduct.
B.service principles.
C.doctrines.
D.norms.