Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
10 Cards in this Set
- Front
- Back
|
Which of the following is not one of the roles of government in its relationship to business?
-major purchaser -supplier of labour -financier -direct manager |
-supplier of labour |
|
|
The youth, civil rights, and women’s liberation movements
-were initiated in the early 20th century and have been revived during the past two decades. -were started as part of a backlash against business. -help redistribute resources to meet the social objectives of business. -are examples of social value changes that have affected the relationship between government and business. |
-are examples of social value changes that have affected the relationship between government and business. |
|
|
Which of the following is an argument used against industrial policy?
-the use of industrial policy by foreign governments such as Germany and France -Canada already has an ad hoc industrial policy. -the threatened competitiveness of Canada in world markets. -foreign industrial policy successes, such as MITI in Japan have been overblown. |
-foreign industrial policy successes, such as MITI in Japan have been overblown. |
|
|
Which of the following is not a nonregulatory governmental influence on business?
-Government is a major purchaser of goods and services produced by business. -Government provides subsidies to various industries. -Government agencies such as the Canadian Transport Commission and the Canadian -Government provides loans and loan guarantees to business. |
-Government agencies such as the Canadian Transport Commission and the Canadian |
|
|
Regulation is
-the act of governing, directing according to rule, or bringing under the control of law or constituted authority. -taxation and prosecution. -operating business activities. -offering assistance to sunrise industries. |
-the act of governing, directing according to rule, or bringing under the control of law or |
|
|
Which of the following is not a reason for government regulation?
-to control negative externalities -achieve social goals -to stop privatization -to control excess competition |
-to stop privatization |
|
|
Which of the following is a major type of government regulation?
-social -religious -technological -educational |
-social |
|
|
The current relationship between business and the Canadian government can best be described as
-cooperative. -cordial. -adversarial. -distant. |
-adversarial. |
|
|
The primary cause for government regulation has been
-the desire for political gain. -some type of market failure. -the existence of natural monopolies. -to avoid excess competition. |
-some type of market failure. |
|
|
Which of the following is not a type of cost imposed by government regulation?
-direct -indirect -induced -implicit |
-implicit |
