a. True
b. False
ANSWER: True
POINTS: I
DIFFICULTY: Easy
LEARNING OBJECTIVES: E1HC.CARR.l5.01.01- 01.01
NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking
STATE STANDARDS: United States- GEORGIA- DISC- ETHICAL RESPONSIBILITIES
KEYWORDS: Bloom's: Knowledge
2. The business environment in current times can best be described as turbulent.
a. True
b. False
ANSWER: True
POINTS: I
DIFFICULTY: Easy
LEARNING OBJECTIVES: E1HC.CARR.l5.01.01- 01.01
NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking
STATE STANDARDS: United States -Georgia- DISC: -Environmental Influence
KEYWORDS: Bloom's: Comprehension
3. When speaking of business in the collective sense, the textbook will most often be focusing on big business.
a. True
b. False
ANSWER: True
POINTS: I
DIFFICULTY: Easy
LEARNING OBJECTIVES: E1HC.CARR.l5.01.01- 01.01
NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking
STATE STANDARDS: United States -Georgia- DISC: -Environmental Influence
KEYWORDS: Bloom's: Knowledge
4. Pluralism is a condition in which there is a concentration of power among society's groups and organizations.
a. True
b. False
ANSWER: False
POINTS: I
DIFFICULTY: Easy
LEARNING OBJECTIVES: E1HC.CARR.l5.01.02- 01.02
NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking
STATE STANDARDS: United States -Georgia- DISC: -Environmental Influence
KEYWORDS: Bloom's: Comprehension
,5. Stakeholders are the owners of shares in a corporation.
a. True
b. False
ANSWER: False
POINTS: I
DIFFICULTY: Moderate
LEARNING OBJECTIVES: E1HC.CARR.l5.01.01- 01.01
NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking
STATE STANDARDS: United States -Georgia- DISC: -Environmental Influence
KEYWORDS: Bloom's: Knowledge
6. Common Cause and the U.S. Chamber of Commerce are examples of general purpose interest groups.
a. True
b. False
ANSWER: True
POINTS: I
DIFFICULTY: Moderate
LEARNING OBJECTIVES: E1HC.CARR.l5.01.01- 01.01
NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking
STATE STANDARDS: United States -Georgia- DISC: -Environmental Influence
KEYWORDS: Bloom's: Comprehension
7. Business interacts with only a limited number of stakeholder groups.
a. True
b. False
ANSWER: False
POINTS: I
DIFFICULTY: Easy
LEARNING OBJECTIVES: E1HC.CARR.l5.01.01- 01.01
NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking
STATE STANDARDS: United States -Georgia- DISC: -Environmental Influence
KEYWORDS: Bloom's: Comprehension
8. Affiuence refers to the level of wealth, disposable income, and standard ofliving of a society.
a. True
b. False
ANSWER: True
POINTS: I
DIFFICULTY: Easy
LEARNING OBJECTIVES: E1HC.CARR.l5.01.01- 01.01
NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking
STATE STANDARDS: United States -Georgia- DISC: Environmental Influence- Environmental Influence
KEYWORDS: Bloom's: Knowledge
, 9. The authors of the textbook lay the primary responsibility for business's problems on the media.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy
LEARNING OBJECTIVES: ETHC.CARR.15.01.04- 01.04
NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking
STATE STANDARDS: United States- GEORGIA- DISC- ETHICAL RESPONSIBILITIES
KEYWORDS: Bloom's: Knowledge
10. The common perception of business power is that there is too little of it to provide a balance with other social
institutions.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy
LEARNING OBJECTIVES: ETHC.CARR.15.01.01- 01.01
NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking
STATE STANDARDS: United States -Georgia- DISC: Envirornnental Influence- Envirornnental Influence
KEYWORDS: Bloom's: Knowledge
11. Power is only manifest when it is used purposefully.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy
LEARNING OBJECTIVES: ETHC.CARR.15.01.04- 01.04
NATIONAL STANDARDS: United States- BUSPROG: Analytic:- BUSPROG: Analytic
STATE STANDARDS: United States- GEORGIA- DISC- ETHICAL RESPONSIBILITIES
KEYWORDS: Bloom's: Comprehension
, 12. The social contract is the set of rights and duties imposed on citizens by their goverrunent.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy
LEARNING OBJECTIVES: ETHC.CARR.l5.01.01- 01.01
NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking
STATE STANDARDS: United States- GEORGIA- DISC- ETHICAL RESPONSIBILITIES
KEYWORDS: Bloom's: Comprehension
13. The social contract in the modern era is changing rapidly and dramatically.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
LEARNING OBJECTIVES: ETHC.CARR.l5.01.01- 01.01
NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking
STATE STANDARDS: United States- GEORGIA- DISC- ETHICAL RESPONSIBILITIES
KEYWORDS: Bloom's: Comprehension
14. Ethics refers to issues of right and wrong, fairness, and justice.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
LEARNING OBJECTIVES: ETHC.CARR.l5.01.06- 01.06
NATIONAL STANDARDS: United States- BUSPROG: Analytic:- BUSPROG: Analytic
STATE STANDARDS: United States- GEORGIA- DISC- ETHICAL RESPONSIBILITIES
KEYWORDS: Bloom's: Knowledge
15. The Iron Law of Responsibility states that people who use power wisely will be rewarded with more power.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy
LEARNING OBJECTIVES: ETHC.CARR.l5.01.01- 01.01
NATIONAL STANDARDS: United States- BUSPROG- Reflective Thinking
STATE STANDARDS: United States- GEORGIA- DISC- ETHICAL RESPONSIBILITIES
KEYWORDS: Bloom's: Comprehension