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10 Cards in this Set
- Front
- Back
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Which element in an automobile manufacturing system would the following items be : a finished automobile, steering column assembly, increased auto sales and sheet metal? |
The elements, would be output, process, feedback and input. |
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List five stakeholder for coal-mining company. |
Potential stakeholders include: miners, shareholders, local community, country, government, managers, customers, suppliers. |
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True or False: Companies are less active in attempting to affect public policy then they were 100 years ago. |
False. Companies face much greater government regulation and intervention, so are more involved in minimizing the intervention |
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List four consumer rights. |
The 4 consumer rights are the right to safety, the right to be informed, the right to choose, the right to be heard. |
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True or False: The civil Rights Act of 1964 prohibits age discrimination in the workplace. |
False. This act prohibits discrimination based upon race, sec, religion, color or national origin. The Age Discrimination In Employment Act , prohibits age discrimination |
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What are the external forces or variables that influence the way businesses function? |
The forces are economic, social, technological, and political |
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Companies adapt different strategies to meet, or to limit, their social responsibilities, depending upon their polices. Name some of the more common strategies they adopt. |
Common strategies include denial strategy, reaction strategy, defense strategy, accommodation strategy and proactive strategy |
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The fair labor standards act of 1938 limits the employment of persons under the age of 19. Name 3 other important provision of the act. |
The act also established a minimum wage , time and one half pay for overtime and a 40 hour work week |
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The fair credit reporting act of 2001 requires? |
The act requires credit reporting agencies to provide free annual reports. |
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What is the significance of the Trade Regulation Rule of 1972. |
The rule established a 72 hour cooling off period for door to door sales. Giving consumers the rights to cancel the sale within 3 days of entering the agreement. |
