Extrapolation is the process of inferring the value of an unknown state from the value of
another state that is known.
There is no specific part of the brain that makes ethical decisions.
A pattern of individual acts in a corporate culture that permits or condones
discrimination is known as reverse discrimination.
Global income inequality is measured by the Lorenz index.
In 2009, Congress gave the Food and Drug Administration the power to regulate
cigarettes and smokeless tobacco.
Voluntary regulation is used when the political will for stringent command rules is
present.
When an MNC invests funds to acquire a foreign company, this is called a foreign
direct investment.
When a company signs a DPA or NPA it is indicted.
The large cohort of workers born between 1946 and 1964 are known as the baby-bust
generation.
The Consumer Product Safety Commission has the power to ban the sales of products
that expose consumers to unreasonable risks.
In the Gini index, 0 percent stands for absolute inequality and 100 percent stands for
perfect equality.
One basic action that multinational corporations should take to fight corruption is to use
face-to-face payments in place of electronic transfers.
Backdating is granting options shortly before good news causes a share price rise.
Affirmative action affronts the ideal of equality of opportunity by substituting equality
of result.
Constitutional support has no role in encouraging pluralism.
Nonpolluting economic growth that raises standards of living without depleting the
planet’s resources of the earth is called sustainable development.
Measuring the benefits of federal regulation is easier than calculating the costs of these
regulations.
The belief that business should be conducted without reference to the full range of
ethical standards, restraints, and ideals in society is known as business ethics.
A policy is a decree issued by an agency to implement a law passed by Congress.
During the period from 1895 to 1904, the public saw the growth of huge firms as a
natural, inevitable, and desirable response to the new economic incentives.
A manufacturer or seller can be held liable for a breach of express warranty but not
implied warranty.
The largest source of carbon monoxide is electric utilities burning coal and oil.
Carcinogen is an agent capable of initiating cancer.
In global production, a value chain can span two or more countries.
Disease caused by industrial pollution is far more significant than disease caused by
older, non-industrial forms of pollution.
Unlike European peasants, American farmers owned their land and this turned them
into little capitalists.
The Equal Protection Clause has been interpreted to give the federal government wide
power to regulate business.
Franklin D. Roosevelt introduced the Fair Deal, a series of proposed actions in the
fields of economic development and social welfare.
According to critics of consumerism, it makes people judge other people for their
external possessions rather than their interior qualities.
The OECD is a group of 33 nations formed in 1961 as an outgrowth of cooperation to
rebuild Europe after World War II.
Protectionism is principally an economic issue.
One critic refers to the process of neoliberal conquest as “necrocapitalism”, or the
creation of death zones that subjugate life to wealth creation.
_____ is a recurrent spectacle in which common people who feel oppressed or
disadvantaged in some way seek to take power from ruling elite that thwarts fulfillment
of the collective welfare.
A.Populism
B.Collectivism
C.Laissez-faire
D.Capitalism
Under which of the following corporate cultural values do symbolic displays such as
picture walls of former executives come under?
A.Espoused values
B.Artifacts
C.Enacted values
D.Tacit underlying values
When ready, rules in their final wording are printed in the:
A.Federal Register.
B.Code of Federal Regulations.
C.Official Congressional Directory.
D.United States Reports.
The belief that history is a narrative of improvement in which humanity moves from
lower to higher levels of perfection is known as:
A.capitalism.
B.speciesism.
C.progress.
D.sustainable development.
Companies can manage their responses to social pressures by moving through a process
of:
A.hiring and firing.
B.customer service.
C.expanding their product lines.
D.CSR implementation.
The basic purpose of a company that defines the type of business in which the company
is engaged in and explains how it differs from its competitors is called a:
A.GRI.
B.mission statement.
C.social issue.
D.corporate social reporting method.
The Civil Rights Act of 1866 protected the blacks against:
A.discrimination in transportation and accommodations.
B.ethnic violence.
C.employment discrimination.
D.discrimination in practicing their religion.
According to Alexander Hamilton:
A.America should aspire to spread farming over its immense, unsettled territory.
B.manufacturing as an occupation leads to venality.
C.an agrarian economy would bring a state of equality and concern for the common
good.
D.industrial growth would increase national power.
Costs of production borne not by the enterprise that causes them but by society are
called:
A.internal diseconomies.
B.internal economies.
C.benefits.
D.externalities.
In making a decision using this principle, one must determine whether the harm in an
action is outweighed by the good.
A.The organization ethic
B.The utilitarian ethic
C.The categorical imperative
D.The practical imperative
The first national movement that sprung up with the aim to protect consumers was the:
A.Socialist movement.
B.Populist movement.
C.Progressive movement.
D.Elitist movement.
In the Uruguay Round, developed countries concluded an Agreement on Trade-Related
Aspects of Intellectual Property Rights that required participants to:
A.protect private property owners’ rights in all countries.
B.protect property rights in products such as software, digital entertainment, and
pharmaceuticals.
C.liberalize restrictions on direct investment in a wide range of areas.
D.limit the exportation of products by a business.
When a company indulges in charity, it is said to be undertaking a:
A.voluntary action.
B.market action.
C.mandated action.
D.private action.
According to the 2010 United Nations Development Programme’s Human Development
Report, which of the following countries has the highest human development in the
world?
A.The United States
B.Canada
C.Norway
D.Mexico
The study of phenomena that move through time is called __.
A.history
B.ideology
C.time slip
D.horology
A(n) _____ warranty is an unwritten commonsense warranty arising out of reasonable
expectations that a product will both fulfill its ordinary purpose and fulfill the particular
purpose of the buyer.
A.implied
B.express
C.categorical
D.absolute
Which of the following is true regarding the common-law principle that governs the
employer-employee relationship in the United States?
A.It holds that employer and employees may enter voluntary employment contracts.
B.It holds that employers and employees can end their agreement subject to
predetermined conditions.
C.It allows the employee to work for the employer’s and his/her benefit.
D.It says that when a conflict arises between an employee and an employer, the
employee’s viewpoint should be considered.
The Resource Conservation and Recovery Act:
A.is an easy statute to administer and with which to comply.
B.demands that regulators keep track of all hazardous waste produced anywhere in the
country.
C.allows balancing costs against benefits.
D.ensures that the thousands of abandoned toxic waste sites around the United States
are cleaned up.
At most companies CSR is still ___, and largely ___, to core business strategies.
A.essential; fundamental
B.circumstantial; intentional
C.incidental; supplemental
D.supplemental; incidental
The Environmental Protection Agency uses the _____ dose-response rate model that
assumes that there will be a proportionate decrease in cancers from large exposures to
small ones.
A.linear
B.quantal
C.graded
D.indirect
The _____ model is a form of industry-labor-government cooperation in which
government strongly regulates the labor market to secure expansive rights and high
benefits for workers.
A.social welfare
B.community firm
C.macroeconomic
D.surplus labor
A quantitative estimate of how toxic a substance is to human beings or animals at
increasing levels of exposure is called a(n) _____ assessment.
A.hazard
B.exposure
C.dose-response
D.chemical safety
The World Trade Organization (WTO):
A.allows the defendant in a dispute to veto a decision if it disagreed.
B.is not a full-fledged international organization.
C.has been unsuccessful in adding to the GATT legacy of trade liberalization.
D.succeeded in launching a new round at meetings in Seattle in 1999.
The term Chicago School is synonymous with:
A.Keynesianism.
B.neoliberalism.
C.ordoliberalism.
D.imperialism.
In Japanese industries, a community firm is a company that:
A.consolidated into national entities with deeply antagonistic goals.
B.avoids hinted promises of job tenure.
C.is owned and operated by a group of individuals for their mutual benefits.
D.operates on a model analogous to a family.
Which of the following is true regarding problems faced by cross-border corporate
power?
A.International law strongly addresses the social impacts of business.
B.Transnational corporations are subject to uneven regulation in developing nations.
C.Strict regulations ensure that corporations are made directly accountable for social
harms.
D.International law has strongly codified norms protecting commercial rights, human
rights, and other social resources.
Money contributed to political candidates that is unregulated as to source or amount
under federal election law is called:
A.direct money.
B.soft money.
C.earnest money.
D.hard money.
The countervailing forces model differs from the dominance model in that it:
A.advocates opening businesses directly to influence nonmarket forces.
B.rejects the absolute primacy of business.
C.opposes industrial capitalism.
D.fears both physical and moral decline in workers.
Atmospheric gases that absorb energy radiated from the earth, decreasing its release
into space are known as:
A.condensibles.
B.organic gases.
C.greenhouse gases.
D.effluents.
A _____ is an agent of a company whose corporate role puts him/her in a position of
power over the fate of not just stockholders, but also of others such as customers,
employees, and communities.
A.guarantor
B.permittee
C.beneficiary
D.trustee
Explain what is meant by corporate social responsibility.
What is the countervailing forces model in the BGS relationship?
What are the major reasons for the diffusion of power in the government? Discuss.
How is indoor air pollution caused?
How is social responsibility viewed in the classical economic theory?
What is restricted stock?
What are the broad duties of the Federal Trade Commission (FTC)?
What are some of the objectives that justify social and political regulations?
Describe the typical duties of boards of directors for U.S. corporations.
)Summarize the rise of neoliberalism.
Discuss Domhoff’s, Dye’s, and Rothkopf’s views on elite dominance.
Distinguish between ethical universalism and ethical relativism.
Who were corporate trustees?
What is the New Deal? Discuss the impact of the New Deal measures on businesses.
Briefly discuss dominant ideologies.
Define social Darwinism in the context of corporate social responsibility.
The Civil Rights Act of 1875 was based on which amendment to the U.S. constitution?
What is the worker protection scenario in Japan?