A(n) _____ agency is a regulatory agency run by a small group of commissioners free
of political control.
A.traditional executive branch
B.general regulatory
C.federal executive department
D.independent regulatory
One of the measures of political globalization is:
A.inflows of foreign direct investment as a percent of GDP.
B.newspaper and book sales.
C.participation in international organizations.
D.trade as a percent of GDP.
Shares of company stock awarded after a fixed period of years if individual and
company performance goals are met are called:
A.time shares.
B.performance shares.
C.stock options.
D.restricted stock.
_____ is a philosophy in which nations promote trade by easing restrictions, including
both tariff and non-tariff barriers.
A.Foreign direct investment
B.Trade liberalization
C.Monopoly
D.Oligopoly
Policies that seek out, encourage, and sometimes give preferential treatment to
employees in the groups protected by Title VII of the Civil Rights Act of 1964 are
called:
A.affirmative action.
B.systematic discrimination policies.
C.anti-harassment policies.
D.quid pro quo.
_____ is calculated as the number of children a woman must have on average to ensure
that one daughter survives to reproductive age.
A.Sub-replacement fertility
B.Net reproduction rate
C.Total fertility rate
D.Replacement fertility rate
The saying, “Your right to swing your fist ends where my nose begins” is a colloquial
version of the:
A.conventionalist ethic.
B.organization ethic.
C.principle of equal freedom.
D.principle of proportionality.
In the fight against corruption, this 1977 Act was the first major manifesto in the
anti-corruption framework.
A.The Sarbanes-Oxley Act
B.The Smoot-Hawley Tariff Act
C.The Foreign Corrupt Practices Act
D.The Racketeer Influenced and Corrupt Organizations Act
_____ is an economic philosophy of active state intervention to stabilize the economy
and stimulate employment.
A.Protectionism
B.Keynesianism
C.Marxism
D.Monetarism
Money that is raised and spent under the strict contribution limits and rules in federal
election law is called:
A.soft money.
B.earnest money.
C.easy money.
D.hard money.
In the international arena, a _____ is an actor formed of three elements: a ruling
authority, citizens, and a territory with fixed borders.
A.pre-national state
B.nation-state
C.citizen state
D.multinational state
Which of the following is true regarding the Federal Trade Commission (FTC)?
A.This important regulator was set up in the Populist era.
B.The president nominates its seven commissioners.
C.The Senate has to approve the commissioners.
D.Each commissioner serves a five-year term.
Which of the following products is regulated by the CPSC?
A.Pesticides
B.Firearms
C.Cosmetics
D.Bicycles
Identify the correct statement about deferred prosecution agreements (DPAs).
A.A company can be prosecuted even if it has signed a DPA.
B.The government will not prosecute if the corporation takes steps to compensate
victims and prevent future wrongdoing.
C.Because corporations are so fearful of indictment, they are drawn into DPAs.
D.It is an agreement between a prosecutor and an individual to delay prosecution while
the company takes remedial actions.
A discrete source of discharge such as a factory, mine, ship, or pipeline is known as
a(n):
A.area source.
B.line source.
C.volume source.
D.point source.
The political reform movement that arose among U.S. farmers in the late 1800s was
the:
A.populist movement.
B.progressive movement.
C.libertarian movement.
D.socialistic movement.
What is the importance of the Environmental Protection Agency (EPA)?
Which of the following is true about an agrarian society?
A.It was a postindustrial society.
B.Most people worked in the industries for subsistence.
C.The political and cultural values of such societies was based on industrial experience.
D.Business activity beyond barter and exchange was a tiny part of the economy.
A local electric company that, without government regulation, restricts output and raises
price without fear of competition is a typical example of:
A.an oligopoly.
B.a natural monopoly.
C.pure competition.
D.monopolistic competition.
In 2009, U.S. charitable giving was about $304 billion. The largest proportion of this
was given by:
A.corporations.
B.foundations.
C.individuals.
D.charitable bequests.
The Securities Exchange Act of 1934 Act:
A.required companies to file annual reports called 10-Qs.
B.obligated companies to file quarterly reports called 8-Ks.
C.entailed companies to file reports known as 10-Ks that quickly update investors on
significant events.
D.established the Securities and Exchange Commission (SEC).
According to the U.S. Sentencing Commission’s Guidelines Manual, if criminal conduct
occurs:
A.stop the program.
B.terminate participation.
C.establish dynamic psychological processes.
D.modify the program to prevent repeat offenses.
Which Act was passed by Congress in 2008 to restore financial stability?
A.The Expedited Funds Availability Act
B.The Emergency Economic Stabilization Act
C.The Congressional Accountability Act
D.The Tax Extenders and Alternative Minimum Tax Relief Act
In case of ____, the action might have been or might be taken even in the absence of the
gift.
A.rigging
B.bribery
C.illegal gratuity
D.lobbying
Technology that is developed on the scale of one-billionth of a meter is known as:
A.picotechnology.
B.microtechnology.
C.nanotechnology.
D.femtotechnology.
According to conservative economists:
A.businesses are reservoirs of skill and energy for improving civic life.
B.business is most responsible when it makes money efficiently.
C.business is most accountable when it applies its energy on social projects.
D.managers have an ethical duty to consider the broad social impact of their decisions.
Which of the following statements about the laissez-faire concept is true?
A.It stands for the belief that government intervention in the market is desirable.
B.It lessens the efficiency with which free enterprise operates to benefit consumers.
C.It is necessary because market forces are benevolent.
D.It opines that businesses are responsible for correcting social problems.
Risk characterization:
A.is a measure of activities that bring individuals in contact with toxic substances.
B.is a statistical survey of human mortality and morbidity in a sample population.
C.is a quantitative estimate of how toxic a substance is to humans at increasing levels of
exposure.
D.is a detailed, written narrative describing the scientific evidence, including areas of
ambiguity.
Which of the following is NOT a part of the six environmental forces that create
turbulence in the workplace?
A.Demographic change
B.Climate change
C.Structural change
D.Competitive pressures
The unspoken, unwritten beliefs about the nature of the company and what behaviors
bring success are called:
A.artifacts.
B.tacit underlying values.
C.assumptive values.
D.espoused values.
Which of the following is a legal defense that a company can use to fight a disparate
impact charge?
A.Affirmative action
B.Systematic discrimination
C.Business necessity
D.The 80 percent rule
_____ is an economic policy of lowering tariffs and other barriers to encourage trade.
A.Liberalization
B.Deregulation
C.Democratization
D.Marketization
The _____ Act mandates that most new rules cannot go into effect until 60 days after
they have been sent to Congress for analysis.
A.Congressional Review
B.Administrative Procedure
C.Congressional Accountability
D.Apportionment
_____ occurs when a lawmaker or official asks for, is offered, or receives something
valuable in return for being influenced to perform an official act.
A.Lobbying
B.Bribery
C.Illegal gratuity
D.Rigging
What are the three important noticeable trends in the American labor force?
Discuss some basic actions multinational corporations can take to fight corruption.
Discuss the arguments against the stakeholder model.
Discuss the major forces that have stimulated the growth of globalization in recent
years.
Discuss the World Bank study of the regulation of doing business in nations other than
the U.S.
What is the Industrial Revolution?
Briefly discuss the dominance theory.
What is an executive agency?
What is replacement fertility rate?
What are the factors that will drive future population changes? Discuss the implications
of these population trends.
What is corporate social responsibility?
What is meant by “managerial capitalism”?
Define pollution.
What is checkbook philanthropy?
What changes did the Norris-LaGuardia Anti-Injunction Act bring?