MGT 2050 FINAL QUESTIONS AND VERIFIED
ANSWERS
(Preface) Business at a basic level is ________. - Answers - About meeting people's
needs and wants
(Preface) Simple business products involve simple business networks to create. -
Answers - False
(Preface) Businesses provide which of the following? Economic growth, Jobs, Goods,
All of the Above? - Answers - All of the Above
(Preface) Businesses can destroy jobs and negatively impact our physical and social
environment.
True/False - Answers - True
(Preface) We can help minimize the negative effects of business by ________.
Understanding your competitors
Understanding the importance of ethical considerations
Avoiding all risks
Hiring more employees - Answers - Understanding the importance of ethical
considerations
(1) The two types of rights the First Amendment focuses on are ________.
Freedom of speech and protection of property
Freedom of the press and freedom of travel
Freedom of conscience and freedom of expression
Protection of property and happiness - Answers - Protection of property and happiness
(1) When evaluating situations and creating strategies, business people must focus on
risk ________.
Minimization
Management
Litigation
Maximization - Answers - Management
(1) How is administrative law defined?
The rules and regulations created by administrative agencies to carry out the mandate
of such agencies
Administrative laws that all schools, both public and private, have to follow
Laws that are human creations that reflect the reality of human existence at that
moment
, Any commerce that has a substantial effect on commerce between states will come
under Congressional administrative authority
The administrative laws that govern all humanity and exist everywhere - Answers - The
rules and regulations created by administrative agencies to carry out the mandate of
such agencies
(1) Freedom of speech ________.
Is extremely strict in advertising
Cannot stop hateful or harmful speech
Can cover oral, written, and symbolic speech
Doesn't apply to commercial speech
Restricts kneeling during the national anthem - Answers - Can cover oral, written and
symbolic speach
(1) Your company is attempting to adhere to the rules set up by the Occupational Health
and Safety Agency (OSHA) concerning employee safety during a pandemic. You
require employees to socially distance at work, but do not require them to wear a mask
or take temperatures when they arrive at work. OSHA claims that your company's
precautions do not meet the standard they have set for a safe workplace. OSHA's
decision is based on what kind of rule-making?
Legislative Rules
Procedural Rules
Constitutional Rules
Administrative Rules
Investigative Rules - Answers - Investigative Rule
(1)Many states are facing a global pandemic where many of the citizens are getting sick
and death rates are rising. In an effort to stop the spread of this pandemic, states pass
laws that require people to wear masks. Some citizens do not agree with wearing
masks for various reasons, including religious objections and arguments about freedom
of movement. What standard will the Supreme Court likely use if this case is ever
argued before them?
Rational Basis
Intermediate Scrutiny
Strict Scrutiny
Equal Protection
Ad Astra per Aspera - Answers - Strict Scrutiny
(1) How an agency made rules that will be interpreted and applied is described as
________ rules.
Interpretive
Distinctive
Legislative
Procedural
Judicial - Answers - Interpretive
ANSWERS
(Preface) Business at a basic level is ________. - Answers - About meeting people's
needs and wants
(Preface) Simple business products involve simple business networks to create. -
Answers - False
(Preface) Businesses provide which of the following? Economic growth, Jobs, Goods,
All of the Above? - Answers - All of the Above
(Preface) Businesses can destroy jobs and negatively impact our physical and social
environment.
True/False - Answers - True
(Preface) We can help minimize the negative effects of business by ________.
Understanding your competitors
Understanding the importance of ethical considerations
Avoiding all risks
Hiring more employees - Answers - Understanding the importance of ethical
considerations
(1) The two types of rights the First Amendment focuses on are ________.
Freedom of speech and protection of property
Freedom of the press and freedom of travel
Freedom of conscience and freedom of expression
Protection of property and happiness - Answers - Protection of property and happiness
(1) When evaluating situations and creating strategies, business people must focus on
risk ________.
Minimization
Management
Litigation
Maximization - Answers - Management
(1) How is administrative law defined?
The rules and regulations created by administrative agencies to carry out the mandate
of such agencies
Administrative laws that all schools, both public and private, have to follow
Laws that are human creations that reflect the reality of human existence at that
moment
, Any commerce that has a substantial effect on commerce between states will come
under Congressional administrative authority
The administrative laws that govern all humanity and exist everywhere - Answers - The
rules and regulations created by administrative agencies to carry out the mandate of
such agencies
(1) Freedom of speech ________.
Is extremely strict in advertising
Cannot stop hateful or harmful speech
Can cover oral, written, and symbolic speech
Doesn't apply to commercial speech
Restricts kneeling during the national anthem - Answers - Can cover oral, written and
symbolic speach
(1) Your company is attempting to adhere to the rules set up by the Occupational Health
and Safety Agency (OSHA) concerning employee safety during a pandemic. You
require employees to socially distance at work, but do not require them to wear a mask
or take temperatures when they arrive at work. OSHA claims that your company's
precautions do not meet the standard they have set for a safe workplace. OSHA's
decision is based on what kind of rule-making?
Legislative Rules
Procedural Rules
Constitutional Rules
Administrative Rules
Investigative Rules - Answers - Investigative Rule
(1)Many states are facing a global pandemic where many of the citizens are getting sick
and death rates are rising. In an effort to stop the spread of this pandemic, states pass
laws that require people to wear masks. Some citizens do not agree with wearing
masks for various reasons, including religious objections and arguments about freedom
of movement. What standard will the Supreme Court likely use if this case is ever
argued before them?
Rational Basis
Intermediate Scrutiny
Strict Scrutiny
Equal Protection
Ad Astra per Aspera - Answers - Strict Scrutiny
(1) How an agency made rules that will be interpreted and applied is described as
________ rules.
Interpretive
Distinctive
Legislative
Procedural
Judicial - Answers - Interpretive
