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BUS 1050 MIDTERM QUESTIONS AND CORRECT ANSWERS

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BUS 1050 MIDTERM QUESTIONS AND CORRECT ANSWERS

Institution
BUS 1050
Course
BUS 1050

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Carnegie said most able "men" were the ones who would earn a lot of money and this
justified their philanthropic leadership. He based this justification on which belief?


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Social darwinism - some people are genetically inclined to be the money
makers and leaders




Universal equality, universal opportunity, and economic freedom - whose expressed
doctrinal beliefs are these?


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Confucius

,What does Aristotle's "shoe" analogy suggest for needs to be "primary"


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Use something for what it is meant to be used for




Describe the Confucian "circle"


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invest--> production --> employment --> income --> demand -->
consumption




Why does Thoreau go to the woods? Why does he leave the woods?


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he goes to "live deliberately" (pick blackberries) to study, he leaves
because he felt fulfilled




What does Friedman think about "cause-related" marketing?


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It is a hypocritcal way of marketing their charitability

, according to Emerson, how does poverty affect us?


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people in poverty do more unethical things. Hard to maintain integrity.




How does Emerson view self-advancement in contrast to self-improvement?


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use the things god gave to advance yourself ex: buying a car to go to your
job or school




Who says: "for that there is far more profit for him personally in injustice than in justice
is what every man believes."? Why does he say it?


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Plato - get more profit out of being unjust than just, even if you had it all
you would still do bad things to get more (ring example)




According to Thoreau, what do we need possess for ourselves in order to entertain
the true problems of life?


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Institution
BUS 1050
Course
BUS 1050

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