Chapter 01: The Business and Society Relationship
1. Business may be defined as the collection of private, commercially oriented (profit-oriented) organizations, ranging in
size from one-family proprietorships to corporate giants.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJE 1.1 - Define and explain business and society as foundational concepts. Describe how
CTIVES: society is viewed as the macroenvironment.
NATIONAL STAND United States - BUSPROG: Analytic
ARDS: United States - BUSPROG: Reflective Thinking
STATE STANDAR United States - GA - DISC: Ethical Responsibilities
DS:
KEYWORDS: Bloom's: Knowledge
2. The definition for society may be thought of as a community, a nation, or a broad grouping with common traditions,
values, institutions, and collective activities and interests.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJE 1.1 - Define and explain business and society as foundational concepts. Describe how
CTIVES: society is viewed as the macroenvironment.
NATIONAL STAND United States - BUSPROG: Analytic
ARDS: United States - BUSPROG: Reflective Thinking
STATE STANDAR United States - GA - DISC: Environmental Influence
DS:
KEYWORDS: Bloom's: Comprehension
3. Pluralism is a condition in which there is a concentration of power among very few of society's groups and
organizations.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJEC 1.2 - Explain the characteristics of a pluralistic society. Describe pluralism and identify its
TIVES: attributes, strengths, and weaknesses.
NATIONAL STAND United States - BUSPROG: Analytic
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,ARDS: United States - BUSPROG: Reflective Thinking
STATE STANDAR United States - GA - DISC: Environmental Influence
DS:
KEYWORDS: Bloom's: Comprehension
4. When speaking of business in its relationship with society in the collective sense, the textbook will most often be
focusing on big business.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVE 1.3 - Clarify what is a special-interest society and how it poses special challenges for
S: business.
NATIONAL STANDARD United States - BUSPROG: Analytic
S: United States - BUSPROG: Reflective Thinking
STATE STANDARDS: United States - GA - DISC: Environmental Influence
KEYWORDS: Bloom's: Knowledge
5. Nongovernmental organizations (NGOs) are citizens’ groups that may be organized on a local, national, or international
level.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVE 1.3 - Clarify what is a special-interest society and how it poses special challenges for
S: business.
NATIONAL STANDARD United States - BUSPROG: Analytic
S: United States - BUSPROG: Reflective Thinking
STATE STANDARDS: United States - Southeast - DISC: Environmental Influence
KEYWORDS: Bloom's: Knowledge
6. Environmentalists are best understood as one of the many subgroups of society.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Moderate
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVE 1.3 - Clarify what is a special-interest society and how it poses special challenges for
S: business.
Copyright Cengage Learning. Powered by Cognero. Page 2
,NATIONAL STANDARD United States - BUSPROG: Analytic
S: United States - BUSPROG: Reflective Thinking
STATE STANDARDS: United States - GA - DISC: Environmental Influence
KEYWORDS: Bloom's: Comprehension
7. Affluence refers to the level of wealth, disposable income, and standard of living of a society.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPETrue / False
:
HAS VARIABLES False
:
LEARNING OBJE 1.4 - Identify, discuss, and illustrate the factors leading up to business criticism and
CTIVES: corporate response. What is the general criticism of business? How may the balance of
power and responsibility be resolved?
NATIONAL STAN United States - BUSPROG: Analytic
DARDS: United States - BUSPROG: Reflective Thinking
STATE STANDA United States - GA - DISC: Environmental Influence
RDS:
KEYWORDS: Bloom's: Knowledge
8. Powerful media is the major cause for business's problems.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPETrue / False
:
HAS VARIABLES False
:
LEARNING OBJE 1.4 - Identify, discuss, and illustrate the factors leading up to business criticism and
CTIVES: corporate response. What is the general criticism of business? How may the balance of
power and responsibility be resolved?
NATIONAL STAN United States - BUSPROG: Analytic
DARDS: United States - BUSPROG: Reflective Thinking
STATE STANDA United States - GA - DISC: Ethical Responsibilities
RDS:
KEYWORDS: Bloom's: Knowledge
9. 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
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, POINTS: 1
DIFFICULTY: Easy
QUESTION TYPETrue / False
:
HAS VARIABLES False
:
LEARNING OBJE 1.4 - Identify, discuss, and illustrate the factors leading up to business criticism and
CTIVES: corporate response. What is the general criticism of business? How may the balance of
power and responsibility be resolved?
NATIONAL STAN United States - BUSPROG: Analytic
DARDS: United States - BUSPROG: Reflective Thinking
STATE STANDA United States - GA - DISC: Environmental Influence
RDS:
KEYWORDS: Bloom's: Knowledge
10. Power only manifests when it is used purposefully.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPETrue / False
:
HAS VARIABLES False
:
LEARNING OBJE 1.4 - Identify, discuss, and illustrate the factors leading up to business criticism and
CTIVES: corporate response. What is the general criticism of business? How may the balance of
power and responsibility be resolved?
NATIONAL STAN United States - BUSPROG: Analytic
DARDS: United States - BUSPROG: Reflective Thinking
STATE STANDA United States - GA - DISC: Ethical Responsibilities
RDS:
KEYWORDS: Bloom's: Comprehension
11. 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
QUESTION TYPETrue / False
:
HAS VARIABLES False
:
LEARNING OBJE 1.4 - Identify, discuss, and illustrate the factors leading up to business criticism and
CTIVES: corporate response. What is the general criticism of business? How may the balance of
power and responsibility be resolved?
NATIONAL STAN United States - BUSPROG: Analytic
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1. Business may be defined as the collection of private, commercially oriented (profit-oriented) organizations, ranging in
size from one-family proprietorships to corporate giants.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJE 1.1 - Define and explain business and society as foundational concepts. Describe how
CTIVES: society is viewed as the macroenvironment.
NATIONAL STAND United States - BUSPROG: Analytic
ARDS: United States - BUSPROG: Reflective Thinking
STATE STANDAR United States - GA - DISC: Ethical Responsibilities
DS:
KEYWORDS: Bloom's: Knowledge
2. The definition for society may be thought of as a community, a nation, or a broad grouping with common traditions,
values, institutions, and collective activities and interests.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJE 1.1 - Define and explain business and society as foundational concepts. Describe how
CTIVES: society is viewed as the macroenvironment.
NATIONAL STAND United States - BUSPROG: Analytic
ARDS: United States - BUSPROG: Reflective Thinking
STATE STANDAR United States - GA - DISC: Environmental Influence
DS:
KEYWORDS: Bloom's: Comprehension
3. Pluralism is a condition in which there is a concentration of power among very few of society's groups and
organizations.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJEC 1.2 - Explain the characteristics of a pluralistic society. Describe pluralism and identify its
TIVES: attributes, strengths, and weaknesses.
NATIONAL STAND United States - BUSPROG: Analytic
Copyright Cengage Learning. Powered by Cognero. Page 1
,ARDS: United States - BUSPROG: Reflective Thinking
STATE STANDAR United States - GA - DISC: Environmental Influence
DS:
KEYWORDS: Bloom's: Comprehension
4. When speaking of business in its relationship with society in the collective sense, the textbook will most often be
focusing on big business.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVE 1.3 - Clarify what is a special-interest society and how it poses special challenges for
S: business.
NATIONAL STANDARD United States - BUSPROG: Analytic
S: United States - BUSPROG: Reflective Thinking
STATE STANDARDS: United States - GA - DISC: Environmental Influence
KEYWORDS: Bloom's: Knowledge
5. Nongovernmental organizations (NGOs) are citizens’ groups that may be organized on a local, national, or international
level.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVE 1.3 - Clarify what is a special-interest society and how it poses special challenges for
S: business.
NATIONAL STANDARD United States - BUSPROG: Analytic
S: United States - BUSPROG: Reflective Thinking
STATE STANDARDS: United States - Southeast - DISC: Environmental Influence
KEYWORDS: Bloom's: Knowledge
6. Environmentalists are best understood as one of the many subgroups of society.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Moderate
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVE 1.3 - Clarify what is a special-interest society and how it poses special challenges for
S: business.
Copyright Cengage Learning. Powered by Cognero. Page 2
,NATIONAL STANDARD United States - BUSPROG: Analytic
S: United States - BUSPROG: Reflective Thinking
STATE STANDARDS: United States - GA - DISC: Environmental Influence
KEYWORDS: Bloom's: Comprehension
7. Affluence refers to the level of wealth, disposable income, and standard of living of a society.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPETrue / False
:
HAS VARIABLES False
:
LEARNING OBJE 1.4 - Identify, discuss, and illustrate the factors leading up to business criticism and
CTIVES: corporate response. What is the general criticism of business? How may the balance of
power and responsibility be resolved?
NATIONAL STAN United States - BUSPROG: Analytic
DARDS: United States - BUSPROG: Reflective Thinking
STATE STANDA United States - GA - DISC: Environmental Influence
RDS:
KEYWORDS: Bloom's: Knowledge
8. Powerful media is the major cause for business's problems.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPETrue / False
:
HAS VARIABLES False
:
LEARNING OBJE 1.4 - Identify, discuss, and illustrate the factors leading up to business criticism and
CTIVES: corporate response. What is the general criticism of business? How may the balance of
power and responsibility be resolved?
NATIONAL STAN United States - BUSPROG: Analytic
DARDS: United States - BUSPROG: Reflective Thinking
STATE STANDA United States - GA - DISC: Ethical Responsibilities
RDS:
KEYWORDS: Bloom's: Knowledge
9. 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
Copyright Cengage Learning. Powered by Cognero. Page 3
, POINTS: 1
DIFFICULTY: Easy
QUESTION TYPETrue / False
:
HAS VARIABLES False
:
LEARNING OBJE 1.4 - Identify, discuss, and illustrate the factors leading up to business criticism and
CTIVES: corporate response. What is the general criticism of business? How may the balance of
power and responsibility be resolved?
NATIONAL STAN United States - BUSPROG: Analytic
DARDS: United States - BUSPROG: Reflective Thinking
STATE STANDA United States - GA - DISC: Environmental Influence
RDS:
KEYWORDS: Bloom's: Knowledge
10. Power only manifests when it is used purposefully.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPETrue / False
:
HAS VARIABLES False
:
LEARNING OBJE 1.4 - Identify, discuss, and illustrate the factors leading up to business criticism and
CTIVES: corporate response. What is the general criticism of business? How may the balance of
power and responsibility be resolved?
NATIONAL STAN United States - BUSPROG: Analytic
DARDS: United States - BUSPROG: Reflective Thinking
STATE STANDA United States - GA - DISC: Ethical Responsibilities
RDS:
KEYWORDS: Bloom's: Comprehension
11. 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
QUESTION TYPETrue / False
:
HAS VARIABLES False
:
LEARNING OBJE 1.4 - Identify, discuss, and illustrate the factors leading up to business criticism and
CTIVES: corporate response. What is the general criticism of business? How may the balance of
power and responsibility be resolved?
NATIONAL STAN United States - BUSPROG: Analytic
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