TEST BANK
,1. Some businesses are socially responsible; other businesses do just about anything they want.
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