BUS 100 Final Review Quiz 2

Departments, or offices that reach across the dividing line between business & society areBoundary-spanning departments
Departments, or offices that reach across the dividing line between business & society areBoycotting products they believe are too expensive.
A performance expectations gap refers toA gap between what stakeholders expect and what is happening
Firms that generally act only when forced to do so, and then in a defensive manner are:Reactive companies
The iron law of responsibility says thathose who do not use power responsibly will lose it.
A commitment to social and environmental responsibility worldwide, it is calledGlobal Corporate Citizenship
Which of the following examples illustrate an ethics issue about cross-cultural contradictionsMarketing a pesticide abroad that has been banned in the U.S
People everywhere depend on ethical systems to tell them whether their actions are:Right or wrong
All of the following are considered to be ethical issues for marketing professionals except:ignoring market fair dealing.
If a manager approaches ethical issues with a self-centered approach, emphasis will be onEconomic efficiency
Government’s role is to create and enforce laws thatBalance the relationship between business and society.
Cooperation between business and government often occurs when:They encounter a common problem or enemy.
Which of the following represents a remedy for an antitrust violation?Breaking up a monopoly.
Past decisions of the courts, the original basis for the U.S. legal system, are called:Common laws
In the U.S., most solid waste ends up:In landfills
Some researchers believe that business firms moving towards ecological sustainability resultsCompetitive advantages.
The practical applications of science and knowledge to commercial and organizational activitiesTechnology
The digital divide describes the gap between those:Individuals who have technology and those who do not
The purpose of the right to be forgotten is to:Increase protection of privacy and personal information
Most U.S. state laws permit the monitoring of employees throughAll of the above.
the mission of the Securities and Exchange Commission (SEC) is to:Making sure that stock markets are run fairly
Which of the following arguments supports the concept of high executive compensation?Provide an incentive for innovation and risk-taking.
if someone is entitled to be treated in a certain way, this refers to a(n)Right
Some studies have shown that the burden of complying with safety regulations falls hardest on:Small businesses.
An example of an international financial and trade institution is:World Bank. International Monetary Fund. World Trade Organization. All of the above
According to the United Nations, a feature of democracy is:A. Fair elections. An independent media. A balance of power among branches of government. D. All of the above.
Differences of human characteristics that distinguish people from one another is calledDiversity
A company can increase diversity and inclusion in the workforce by:Accommodating family needs outside of work.
A corporate political strategy does not:Determine the legal limits allowed for campaign financing.
To influence government policymakers’ actions, an information strategy involvesBusiness leaders speaking before government policymakers.
Which of the following is (are) core rights of consumers?Business leaders speaking before government policymakers.
One alternative to product liability lawsuits is called:Alternative dispute resolution.
Another term for corporate giving is corporate:Philanthropy
The term civic engagement describesBusinesses & individuals improving communities together