Bus 309 Wk 5 Quiz 4 Chapter 45 All Possible Questions

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ExamTutorials.comhttp://www.examtutorials.comBUS 309 WK 5 Quiz 4 Chapter 4,5 - All Possible Questionshttp://www.examtutorials.com/course/bus-309-wk-5-quiz-4-chapter-45-all-possible-questions/ Author : bminBUS 309 WK 5 Quiz 4 Chapter 4,5 - All Possible Questions1. What we know as "capitalism" did not fully emerge until 1. The Renaissance 2. The Industrial Revolution 3. The Modern Era 4. The Revolutionary Period1. Capitalism that is based on mutual dependence between state and commercial interests is known as 1. State welfare capitalism 2. Monopoly capitalism 3. Industrial capitalism 4. Mercantile capitalism1. The type of capitalism that was ushered in during the Great Depression is 1. State welfare capitalism 2. Monopoly capitalism 3. Industrial capitalism 4. Mercantile capitalism1. What did Smith think was the regulator that keeps a community activated by self-interest stable? 1. The law 2. Free competition 3. Altruism 4. Personal morality1 / 121. Capital is 1. Money invested for the purpose of making more money 2. The machinery and equipment of a plant 3. Cash held in case of emergency 4. Government backed currency1. Who is known for developing the concept of the invisible hand? 1. Locke 2. Hume 3. Marx 4. Smith1. Adam Smith held that humans have a natural propensity to 1. Truck, barter, and exchange 2. To engage in illicit behavior 3. To seek revenge on profit-seekers 4. To try to outsmart each other1. Unlike other species, we have an almost constant need for 1. Companionship 2. The assistance of others 3. Trading 4. Luxury goods1. The two types of criticism that capitalism is subject to are 1. Theoretical and moral 2. Theoretical and operational 3. Operational and practical 4. Practical and substantive1. The theory of capitalism rests on a view of humans as 1. Rational economic creatures 2. Emotional creatures 3. Altruistic creatures2 / 124. Irrational economic creatures1. Karl Marx argued that capitalism leads to 1. Wealth 2. Opportunity 3. Aristocracies 4. Oligopolies1. The biggest five refiners in the United States control 1. 35% of the market 2. 47% of the market 3. 56% of the market 4. 68% of the market1. From 1995 to 2002, U.S. taxpayers spent around 1. $86 billion in subsidies to farmers 2. $114 billion in subsidies to farmers 3. $147 billion in subsidies to farmers 4. $198 billion in subsidies to farmers1. Subsidies for farmers and tariffs on steel, sugar, and ethanol are examples of 1. Free market principles 2. Patriotic fervor 3. Corporate welfare 4. The common good1. The 2008 Troubled Assets Relief Program cost 1. $250 billion 2. $400 billion 3. $600 billion 4. $700 billion1. Karl Marx held that capitalists make profits through 1. Free and fair market exchange3 / 122. Ingenious marketing 3. Exploiting their workers 4. Fraudulent wages1. Karl Marx held that workers inevitably experience 1. Alienation 2. Poverty 3. Fraud 4. Violence1. The hundreds of workers interviewed by Studs Terkel all spoke of 1. Injustice 2. Rationalization 3. Downsizing 4. Dehumanization1. Historically, capitalists have made money by 1. Exploiting their workers 2. Producing goods 3. Providing financial advice 4. Defrauding shareholders1. Companies that now produce only the package and the label of the goods they sell are 1. Fraudulent corporations 2. Dummy corporations 3. Hollow corporations 4. Capitalist corporations1. The United States owes the rest of the world 1. $400 billion 2. $900 billion 3. $2 trillion 4. $3 trillion4 / 121. The view that work is valuable for its own sake is the 1. American way 2. Protestant way 3. Work ethic 4. Marxist view1. Paul Kostek is a 1. Developmental economist 2. Career development expert 3. Marxist historian 4. Libertarian philosopher1. Americans work ____ more than they did in 1970. 1. 10% 2. 16% 3. 20% 4. 32%1. Americans work less than the French.2. In 2008 the United States pushed the world into an economic crisis.3. In a capitalist system the major proportion of production and distribution is in private hands.4. Socialism is a system characterized by public ownership of property and a planned economy.5. Yugoslavia once approximated worker control socialism.5 / 126. An old stage of capitalist development was globalized capitalism.7. The phrase "laissez faire" means "to let people do as they choose".8. Capital is unrelated to private property.9. John Locke believed that people have a natural right to private property.10. Smith gave careful arguments for the view that humans are acquisitive creatures.11. Smith believed in the law of supply and demand.12. There are no operational objections to capitalism.6 / 121. The persons who provide the capital to a corporation are its 1. Executives 2. Beneficiaries 3. Stockholders 4. Directors1. Modern corporations are, in principle 1. Single-tiered structures 2. Two-tiered structures 3. Three-tiered structures 4. Horizontal organizations1. _______ ______ is a key feature of the modern corporation. 1. Limited liability 2. Stakeholder sharing 3. Guaranteed profitability 4. Government protection1. The stock of publically held companies is traded 1. Privately 2. Between directors only 3. Among the general public 4. Between government departments1. What did Nicholas Murray Butler hold was the greatest discovery of modern times? 1. Penicillin 2. Printing 3. The limited liability corporation 4. Stock options to executives1. The incorporation of business enterprises began 1. During the Elizabethan era7 / 122. During the Victorian era 3. During the Edwardian era 4. During the Industrial Revolution1. The first instance of the corporate organization of a manufacturing enterprise in the United States occurred in 1. 1743 2. 1813 3. 1867 4. 1911 5. The East India Company was formed in 1. 1675 2. 1600 3. 1765 4. 18001. Corporations are clearly 1. Evil 2. Legal agents 3. Moral agents 4. Immoral agents1. Lord Thurlow said that you could not expect a corporation to have 1. A soul 2. A conscience 3. High profits 4. Continuous profitability1. Thomas Donaldson holds that corporations can be 1. A force for good 2. Moral agents 3. Accountable for their wrong-doing in the past 4. Dissolved by government fiat1. Peter French controversially believes that corporate acts are 1. Intentional8 / 122. Self-interested 3. For the common good 4. For the benefits of their executives only1. The narrow view of corporate responsibility is endorsed by 1. Milton Friedman 2. John Rawls 3. Karl Marx 4. Michael Walzer1. The narrow view of corporate responsibility is that corporations should only 1. Maximize profits 2. Secure the common good 3. Benefit their stakeholders 4. Manufacture goods1. Who wrote of "the rules of the game"? 1. Karl Marx 2. Milton Friedman 3. David Freidman 4. John Rawls1. Keith Davis believes that 1. Social responsibility arises from social power 2. Social responsibility undermines social power 3. Fiscal responsibility is the hallmark of success 4. Fiscal responsibility leads to social responsibility1. The stakeholder model is also called the 1. Corporate welfare model 2. Social welfare model 3. Social entity model 4. Corporate entity model9 / 121. Who cast the case for a broader view of corporate responsibility is a historical perspective? 1. Melvin Anshen 2. John Kay 3. John Davis 4. Michael Walzer1. The unintended negative or positive effects of business activity are called by economists 1. Fall out 2. Externalities 3. Indemnities 4. Secondary effects1. Who owns a company? 1. Executives 2. Stakeholders 3. Stockholders 4. Corporations1. Adam Smith claims that an invisible hand 1. Guides good business managers 2. Makes the world safe for God-fearing people 3. Promotes the general good 4. Takes from the poor and gives to the rich1. Paul Camenisch holds that business 1. Is a great force for good 2. Propagates a view of humanity and the good life 3. Is seeking to control our minds 4. Controls our subconscious desires1. Christopher Stone argues that there are limits 1. To what the law can do 2. To what corporations can do to control us 3. To the profits a corporation can make 4. To the profits a corporation should make10 / 121. One challenger to the assumption that profits come at the expense of ethics is 1. Karl Marx 2. Kenneth Arrow 3. John Davis 4. Milton Friedman1. Princeton University is a non-profit corporation.2. Kenneth E. Goodpaster holds that corporations can show the same respect for persons as individual human beings can.3. Manuel Velasquez holds that corporations can be held morally responsible.4. The diffusion of responsibility can mean that no person in a corporation can be morally responsible for its actions.5. David Friedman wrote Capitalism and Freedom.6. Friedman's bottom line is that the bottom line is not all that counts.7. Externalities can be positive.11 / 128. Boards of directors typically rubber-stamp the decisions of management.9. 88% of job seekers prefer to work for a company that supports social causes.10. Theodore Levitt holds that corporations should pursue social justice.11. Kenneth Arrow holds that any kind of settled economic life requires a degree of ethical behavior.12. Milton Snoeyenbos holds that corporations should espouse a corporate moral code.More Questions are Included http://www.examtutorials.com/course/bus-309-wk-5-quiz-4-chapter-45-all-possible-questions/12 / 12Powered by TCPDF (www.tcpdf.org)

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ExamTutorials.comhttp://www.examtutorials.comBUS 309 WK 5 Quiz 4 Chapter 4,5 - All Possible Questionshttp://www.examtutorials.com/course/bus-309-wk-5-quiz-4-chapter-45-all-possible-questions/ Author : bminBUS 309 WK 5 Quiz 4 Chapter 4,5 - All Possible Questions1. What we know as "capitalism" did not fully emerge until 1. The Renaissance 2. The Industrial Revolution 3. The Modern Era 4. The Revolutionary Period1. Capitalism that is based on mutual dependence between state and commercial interests is known as 1. State welfare capitalism 2. Monopoly capitalism 3. Industrial capitalism 4. Mercantile capitalism1. The type of capitalism that was ushered in during the Great Depression is 1. State welfare capitalism 2. Monopoly capitalism 3. Industrial capitalism 4. Mercantile capitalism1. What did Smith think was the regulator that keeps a community activated by self-interest stable? 1. The law 2. Free competition 3. Altruism 4. Personal morality1 / 121. Capital is 1. Money invested for the purpose of making more money 2. The machinery and equipment of a plant 3. Cash held in case of emergency 4. Government backed currency1. Who is known for developing the concept of the invisible hand? 1. Locke 2. Hume 3. Marx 4. Smith1. Adam Smith held that humans have a natural propensity to 1. Truck, barter, and exchange 2. To engage in illicit behavior 3. To seek revenge on profit-seekers 4. To try to outsmart each other1. Unlike other species, we have an almost constant need for 1. Companionship 2. The assistance of others 3. Trading 4. Luxury goods1. The two types of criticism that capitalism is subject to are 1. Theoretical and moral 2. Theoretical and operational 3. Operational and practical 4. Practical and substantive1. The theory of capitalism rests on a view of humans as 1. Rational economic creatures 2. Emotional creatures 3. Altruistic creatures2 / 124. Irrational economic creatures1. Karl Marx argued that capitalism leads to 1. Wealth 2. Opportunity 3. Aristocracies 4. Oligopolies1. The biggest five refiners in the United States control 1. 35% of the market 2. 47% of the market 3. 56% of the market 4. 68% of the market1. From 1995 to 2002, U.S. taxpayers spent around 1. $86 billion in subsidies to farmers 2. $114 billion in subsidies to farmers 3. $147 billion in subsidies to farmers 4. $198 billion in subsidies to farmers1. Subsidies for farmers and tariffs on steel, sugar, and ethanol are examples of 1. Free market principles 2. Patriotic fervor 3. Corporate welfare 4. The common good1. The 2008 Troubled Assets Relief Program cost 1. $250 billion 2. $400 billion 3. $600 billion 4. $700 billion1. Karl Marx held that capitalists make profits through 1. Free and fair market exchange3 / 122. Ingenious marketing 3. Exploiting their workers 4. Fraudulent wages1. Karl Marx held that workers inevitably experience 1. Alienation 2. Poverty 3. Fraud 4. Violence1. The hundreds of workers interviewed by Studs Terkel all spoke of 1. Injustice 2. Rationalization 3. Downsizing 4. Dehumanization1. Historically, capitalists have made money by 1. Exploiting their workers 2. Producing goods 3. Providing financial advice 4. Defrauding shareholders1. Companies that now produce only the package and the label of the goods they sell are 1. Fraudulent corporations 2. Dummy corporations 3. Hollow corporations 4. Capitalist corporations1. The United States owes the rest of the world 1. $400 billion 2. $900 billion 3. $2 trillion 4. $3 trillion4 / 121. The view that work is valuable for its own sake is the 1. American way 2. Protestant way 3. Work ethic 4. Marxist view1. Paul Kostek is a 1. Developmental economist 2. Career development expert 3. Marxist historian 4. Libertarian philosopher1. Americans work ____ more than they did in 1970. 1. 10% 2. 16% 3. 20% 4. 32%1. Americans work less than the French.2. In 2008 the United States pushed the world into an economic crisis.3. In a capitalist system the major proportion of production and distribution is in private hands.4. Socialism is a system characterized by public ownership of property and a planned economy.5. Yugoslavia once approximated worker control socialism.5 / 126. An old stage of capitalist development was globalized capitalism.7. The phrase "laissez faire" means "to let people do as they choose".8. Capital is unrelated to private property.9. John Locke believed that people have a natural right to private property.10. Smith gave careful arguments for the view that humans are acquisitive creatures.11. Smith believed in the law of supply and demand.12. There are no operational objections to capitalism.6 / 121. The persons who provide the capital to a corporation are its 1. Executives 2. Beneficiaries 3. Stockholders 4. Directors1. Modern corporations are, in principle 1. Single-tiered structures 2. Two-tiered structures 3. Three-tiered structures 4. Horizontal organizations1. _______ ______ is a key feature of the modern corporation. 1. Limited liability 2. Stakeholder sharing 3. Guaranteed profitability 4. Government protection1. The stock of publically held companies is traded 1. Privately 2. Between directors only 3. Among the general public 4. Between government departments1. What did Nicholas Murray Butler hold was the greatest discovery of modern times? 1. Penicillin 2. Printing 3. The limited liability corporation 4. Stock options to executives1. The incorporation of business enterprises began 1. During the Elizabethan era7 / 122. During the Victorian era 3. During the Edwardian era 4. During the Industrial Revolution1. The first instance of the corporate organization of a manufacturing enterprise in the United States occurred in 1. 1743 2. 1813 3. 1867 4. 1911 5. The East India Company was formed in 1. 1675 2. 1600 3. 1765 4. 18001. Corporations are clearly 1. Evil 2. Legal agents 3. Moral agents 4. Immoral agents1. Lord Thurlow said that you could not expect a corporation to have 1. A soul 2. A conscience 3. High profits 4. Continuous profitability1. Thomas Donaldson holds that corporations can be 1. A force for good 2. Moral agents 3. Accountable for their wrong-doing in the past 4. Dissolved by government fiat1. Peter French controversially believes that corporate acts are 1. Intentional8 / 122. Self-interested 3. For the common good 4. For the benefits of their executives only1. The narrow view of corporate responsibility is endorsed by 1. Milton Friedman 2. John Rawls 3. Karl Marx 4. Michael Walzer1. The narrow view of corporate responsibility is that corporations should only 1. Maximize profits 2. Secure the common good 3. Benefit their stakeholders 4. Manufacture goods1. Who wrote of "the rules of the game"? 1. Karl Marx 2. Milton Friedman 3. David Freidman 4. John Rawls1. Keith Davis believes that 1. Social responsibility arises from social power 2. Social responsibility undermines social power 3. Fiscal responsibility is the hallmark of success 4. Fiscal responsibility leads to social responsibility1. The stakeholder model is also called the 1. Corporate welfare model 2. Social welfare model 3. Social entity model 4. Corporate entity model9 / 121. Who cast the case for a broader view of corporate responsibility is a historical perspective? 1. Melvin Anshen 2. John Kay 3. John Davis 4. Michael Walzer1. The unintended negative or positive effects of business activity are called by economists 1. Fall out 2. Externalities 3. Indemnities 4. Secondary effects1. Who owns a company? 1. Executives 2. Stakeholders 3. Stockholders 4. Corporations1. Adam Smith claims that an invisible hand 1. Guides good business managers 2. Makes the world safe for God-fearing people 3. Promotes the general good 4. Takes from the poor and gives to the rich1. Paul Camenisch holds that business 1. Is a great force for good 2. Propagates a view of humanity and the good life 3. Is seeking to control our minds 4. Controls our subconscious desires1. Christopher Stone argues that there are limits 1. To what the law can do 2. To what corporations can do to control us 3. To the profits a corporation can make 4. To the profits a corporation should make10 / 121. One challenger to the assumption that profits come at the expense of ethics is 1. Karl Marx 2. Kenneth Arrow 3. John Davis 4. Milton Friedman1. Princeton University is a non-profit corporation.2. Kenneth E. Goodpaster holds that corporations can show the same respect for persons as individual human beings can.3. Manuel Velasquez holds that corporations can be held morally responsible.4. The diffusion of responsibility can mean that no person in a corporation can be morally responsible for its actions.5. David Friedman wrote Capitalism and Freedom.6. Friedman's bottom line is that the bottom line is not all that counts.7. Externalities can be positive.11 / 128. Boards of directors typically rubber-stamp the decisions of management.9. 88% of job seekers prefer to work for a company that supports social causes.10. Theodore Levitt holds that corporations should pursue social justice.11. Kenneth Arrow holds that any kind of settled economic life requires a degree of ethical behavior.12. Milton Snoeyenbos holds that corporations should espouse a corporate moral code.More Questions are Included http://www.examtutorials.com/course/bus-309-wk-5-quiz-4-chapter-45-all-possible-questions/12 / 12Powered by TCPDF (www.tcpdf.org)