AGB 302 Final AGB
AGB 302302 Final
Final Exam
Study online at https://quizlet.com/_8da3co
1. which of the following is a step in the shift creation of a legal system to safeguard
towards a market based economic system? property rights
2. design and names by which merchants or trademarks
manufacturers designate and differentiate
their products are known as __________
3. ________, a nobel prize-winning economist, amartya sen
has argued that development is not just an
economic process, but it is a political one as
well.
4. in several western democracies, the poor privatization
performance of state-owned enterprises,
because of protection from competition
and guaranteed government financial sup-
port, led to ________.
5. one of the reasons for the spread of democ- increasingly prosperous middle and work-
racy is the emergence of _____________ who ing classes
have pushed for democratic reforms.
6. which of the following areas of internation- preventing bribery and unethical acts in the
al trade is regulated by the Foreign Corrupt conduct of international business
Practice Act?
7. the tenet of ___________ is that the welfare individualism
of society is best served by letting people
pursue their own economic self-interest.
8. the state can expropriate the profits from excessive taxation
innovation through legal means, such as
____________.
, AGB 302 Final AGB
AGB 302302 Final
Final Exam
Study online at https://quizlet.com/_8da3co
9. a free market economy in which property a democratic regime
rights are protected leads to subsequent
economic growth, which often leads to the
establishment of:
10. under the ___________, cases are judged with common law system
reference to three characteristics: tradition,
precedent, and custom.
11. anecdotal comparisons suggest that the education
assertion that nations that invest more in
_________ will have higher growth rates is
true.
12. which of the following helps in adjusting purchasing power party (PPP) adjustment
GNI such that it accounts for the differences
in the cost of living?
13. in a ___________ economy, certain sectors of mixed
the economy are left to private ownership
and free market mechanisms while oth-
er sectors have significant state ownership
and government planning.
14. a market economy encourages innovation economic freedom leads to greater incen-
because: tives for innovation
15. several of the fastest-growing asian democratic
economies adopted more ___________ gov-
ernments during the past three decades,
including South Korea and Taiwan.
16.
, AGB 302 Final AGB
AGB 302302 Final
Final Exam
Study online at https://quizlet.com/_8da3co
which of the following statements about they can affect the attractiveness of a coun-
the legal systems of countries is true? try as an investment site or market.
17. modern socialism has been popularized karl marx
largely through the work of ____________.
18. which of the following is a measure that is human development index
developed by the United Nations to mea-
sure the quality of life in different nations?
19. in a pure market economy: production is determined by the interaction
of supply and demand.
20. interdependent political, economic, and le- political economy
gal systems of a country make up its:
21. child labor is permitted and widely em- cultural relativism
ployed in country x. which of the following
approaches to business ethics would justify
the actions of the multinational company?
22. the __________ approaches to ethics hold utilitarian
that the moral worth of actions or practices
is determined by their consequences.
23. which of the following refers to the values organization culture
and norms that the employees of an orga-
nization share?
24. which of the following statements about the values and norms of a society influence
values and norms of a culture is true? social structure
25. according to Islam, those who hold proper- trustees
ty are regarded as _____________.
, AGB 302 Final AGB
AGB 302302 Final
Final Exam
Study online at https://quizlet.com/_8da3co
26. which of the following is a closed system caste system
of stratification in which social position is
determined by the family into which a per-
son is born, and change in that position is
usually not possible during an individual's
lifetime?
27. the __________ occurs when a resource is tragedy of the commons
shared by all, but owned by no one, is
overused by individuals, resulting in its
degradation.
28. companies can strengthen the __________ moral courage
of employees by committing themselves to
not retaliate against employees who com-
plain about unethical actions.
29. a Japanese executive's ritual of presenting a folkways
business card to a foreign business execu-
tive is an example of ___________.
30. ethical systems are: a set of moral principles, or values, that are
used to guide and shape behavior
31. which of the following sociologists made a max weber
connection between protestant ethics and
"the spirit of capitalism"?
32. which of the following is a consequence of high degrees of managerial mobility
the emphasis on individual performance in
many western societies?
33.
AGB 302302 Final
Final Exam
Study online at https://quizlet.com/_8da3co
1. which of the following is a step in the shift creation of a legal system to safeguard
towards a market based economic system? property rights
2. design and names by which merchants or trademarks
manufacturers designate and differentiate
their products are known as __________
3. ________, a nobel prize-winning economist, amartya sen
has argued that development is not just an
economic process, but it is a political one as
well.
4. in several western democracies, the poor privatization
performance of state-owned enterprises,
because of protection from competition
and guaranteed government financial sup-
port, led to ________.
5. one of the reasons for the spread of democ- increasingly prosperous middle and work-
racy is the emergence of _____________ who ing classes
have pushed for democratic reforms.
6. which of the following areas of internation- preventing bribery and unethical acts in the
al trade is regulated by the Foreign Corrupt conduct of international business
Practice Act?
7. the tenet of ___________ is that the welfare individualism
of society is best served by letting people
pursue their own economic self-interest.
8. the state can expropriate the profits from excessive taxation
innovation through legal means, such as
____________.
, AGB 302 Final AGB
AGB 302302 Final
Final Exam
Study online at https://quizlet.com/_8da3co
9. a free market economy in which property a democratic regime
rights are protected leads to subsequent
economic growth, which often leads to the
establishment of:
10. under the ___________, cases are judged with common law system
reference to three characteristics: tradition,
precedent, and custom.
11. anecdotal comparisons suggest that the education
assertion that nations that invest more in
_________ will have higher growth rates is
true.
12. which of the following helps in adjusting purchasing power party (PPP) adjustment
GNI such that it accounts for the differences
in the cost of living?
13. in a ___________ economy, certain sectors of mixed
the economy are left to private ownership
and free market mechanisms while oth-
er sectors have significant state ownership
and government planning.
14. a market economy encourages innovation economic freedom leads to greater incen-
because: tives for innovation
15. several of the fastest-growing asian democratic
economies adopted more ___________ gov-
ernments during the past three decades,
including South Korea and Taiwan.
16.
, AGB 302 Final AGB
AGB 302302 Final
Final Exam
Study online at https://quizlet.com/_8da3co
which of the following statements about they can affect the attractiveness of a coun-
the legal systems of countries is true? try as an investment site or market.
17. modern socialism has been popularized karl marx
largely through the work of ____________.
18. which of the following is a measure that is human development index
developed by the United Nations to mea-
sure the quality of life in different nations?
19. in a pure market economy: production is determined by the interaction
of supply and demand.
20. interdependent political, economic, and le- political economy
gal systems of a country make up its:
21. child labor is permitted and widely em- cultural relativism
ployed in country x. which of the following
approaches to business ethics would justify
the actions of the multinational company?
22. the __________ approaches to ethics hold utilitarian
that the moral worth of actions or practices
is determined by their consequences.
23. which of the following refers to the values organization culture
and norms that the employees of an orga-
nization share?
24. which of the following statements about the values and norms of a society influence
values and norms of a culture is true? social structure
25. according to Islam, those who hold proper- trustees
ty are regarded as _____________.
, AGB 302 Final AGB
AGB 302302 Final
Final Exam
Study online at https://quizlet.com/_8da3co
26. which of the following is a closed system caste system
of stratification in which social position is
determined by the family into which a per-
son is born, and change in that position is
usually not possible during an individual's
lifetime?
27. the __________ occurs when a resource is tragedy of the commons
shared by all, but owned by no one, is
overused by individuals, resulting in its
degradation.
28. companies can strengthen the __________ moral courage
of employees by committing themselves to
not retaliate against employees who com-
plain about unethical actions.
29. a Japanese executive's ritual of presenting a folkways
business card to a foreign business execu-
tive is an example of ___________.
30. ethical systems are: a set of moral principles, or values, that are
used to guide and shape behavior
31. which of the following sociologists made a max weber
connection between protestant ethics and
"the spirit of capitalism"?
32. which of the following is a consequence of high degrees of managerial mobility
the emphasis on individual performance in
many western societies?
33.
