WGU D432 PA Questions with Verified Correct
Answers
What is the type of business that involves two or more individuals who operate a
business together for profit?
Partnership
What is an advantage of franchising?
Name and product recognition
Which disadvantage comes with a partnership as a type of business ownership?
Dissolution difficulty
Which form of law has the purpose of allowing consumers to benefit from the
promotion of fair competition?
Antitrust law
What is the type of law that pertains to the procedures and policies that govern
relationships among nations?
International law
What is the constitutional amendment that ensures that business property can only be
searched with a warrant?
Fourth
Which method of international law enforcement involves implementing or removing the
trade barriers between two countries?
Reciprocity
, A company refused to refund a customer's money for a purchased laptop. The customer
claims the product was defective, but there is evidence that the laptop was dropped, and
the laptop was purchased several months ago. What is the appropriate categorization of
the company's action described in the scenario?
Ethical and legal
A company sells socks for $20, advertising them as wool socks. The primary buyers are
adult males. The socks are 20% wool. How is this practice classified, according to the
Federal Trade Commission?
Misrepresenting a product
A company's chief executive, officer (CEO) is driving an initiative to use the Triple
Bottom Line (TBL) to measure company success. What is one of the three components
of the Triple Bottom Line?
Planet
Several of a company's goals include expanding market reach, improving reputation,
and increasing sales. One leader proposed demonstrating more corporate social
responsibility as a step toward achieving these goals. How can the company
demonstrate corporate social responsibility to work toward achieving its goals?
By volunteering for initiatives in the community
A grocery store began implementing more sustainability practices and getting more
involved in local charitable initiatives. The public image of the grocery store became
more positive because of these things. What is the benefit of corporate social
responsibility that is described in the scenario?
Benevolent halo effect
Answers
What is the type of business that involves two or more individuals who operate a
business together for profit?
Partnership
What is an advantage of franchising?
Name and product recognition
Which disadvantage comes with a partnership as a type of business ownership?
Dissolution difficulty
Which form of law has the purpose of allowing consumers to benefit from the
promotion of fair competition?
Antitrust law
What is the type of law that pertains to the procedures and policies that govern
relationships among nations?
International law
What is the constitutional amendment that ensures that business property can only be
searched with a warrant?
Fourth
Which method of international law enforcement involves implementing or removing the
trade barriers between two countries?
Reciprocity
, A company refused to refund a customer's money for a purchased laptop. The customer
claims the product was defective, but there is evidence that the laptop was dropped, and
the laptop was purchased several months ago. What is the appropriate categorization of
the company's action described in the scenario?
Ethical and legal
A company sells socks for $20, advertising them as wool socks. The primary buyers are
adult males. The socks are 20% wool. How is this practice classified, according to the
Federal Trade Commission?
Misrepresenting a product
A company's chief executive, officer (CEO) is driving an initiative to use the Triple
Bottom Line (TBL) to measure company success. What is one of the three components
of the Triple Bottom Line?
Planet
Several of a company's goals include expanding market reach, improving reputation,
and increasing sales. One leader proposed demonstrating more corporate social
responsibility as a step toward achieving these goals. How can the company
demonstrate corporate social responsibility to work toward achieving its goals?
By volunteering for initiatives in the community
A grocery store began implementing more sustainability practices and getting more
involved in local charitable initiatives. The public image of the grocery store became
more positive because of these things. What is the benefit of corporate social
responsibility that is described in the scenario?
Benevolent halo effect