BUS 100 RQ

The primary purpose of the International Monetary Fund is to:

Lend foreign currency to member countries.

MGMT QUIZ 14 SWITCH

MGMT QUIZ 14 SWITCH

Which of the following is not a reason for businesses to establish community relations departments?

Managing international relations projects for economic development.

Rules in the United States that prohibit competitors from secretly dividing up the market amongst themselves are called:

Antitrust laws.

BUS 100 RQ #10

BUS 100 RQ #10

BUS 100 RQ #11

BUS 100 RQ #11

BUS 100 RQ #8

BUS 100 RQ #8

BUS 100 RQ #9

BUS 100 RQ #9

Sustainable development:

Balances economic and environmental considerations

A technological application that uses biological systems or living organisms to make or modify products or processes for specific use is called:

Biotechnology.

One type of digital currency that operates outside the banking system using encrypted technology is:

Bitcoin

The growing diversity in the U.S. workforce is due to:

Millennials entering the workforce. Immigration from other countries. Shifting patterns of work and retirement ***All of the above answers are correct.***

A firm in the pollution prevention stage of the corporate environmental responsibility model is best described by which statement?

Minimizing or eliminating waste before it is created.

The primary goal(s) of the Food and Drug Administration include:

Both of these answers are correct: Ensuring the safety and effectiveness of a wide range of consumer products; and reviewing and approving new products before they are released to consumers

Employees in the United States have a legal right to:

Both of these answers are correct: Organize and bargain collectively; and a safe and healthy workplace.

Which of the following describes why the consumer movement exists?

Both of these answers are correct: Some product advertising claims have been inflated; and some businesses have violated the public's privacy.

Women in the U.S. workforce are accurately characterized by which of these statements?

Both of these answers are correct: The participation rate has been between 46 and 47 percent since the late 2000s; and a lack of family-friendly business policies has made it difficult for working mothers.

Businesses can reduce income inequality by which action?

Commit to paying a living wage to all employees.

A shared resource, such as land, air, or water, that a group of people uses collectively is a(n):

Commons.

Which of the following statements is not true about the population?

Over the next century, population growth is expected to be greatest in developed nations.

Possible costs of environmental regulation include all of the following except:

Corporate restructuring.

Since the mid-1950s the proportion of American workers represented by unions has:

Decreased.

Buying and selling goods and services electronically is called:

E-business.

The amount of land and water a human population needs to produce the resources it consumes and to absorb its wastes given prevailing technology is called:

Ecological footprint.

Business depends on the community for:

Education. Public services. Transportation systems. All of these answers are correct.

Which type of business community consists of people who work near the company?

Employee community.

How can a lead firm improve a supplier's performance when the cost to replace the supplier is high?

Engage the supplier in capability-building.

When businesses form voluntary, collaborative partnerships with environmental organizations and regulators to achieve specific objectives this is called:

Environmental partnerships.

Which of the following is not a goal of consumer protection laws?

Facilitate consumers' getting extended credit when making purchases.

Decentralized organizations are more adaptable than centralized.

False

In a vertical structure, workgroups are created to improve collaboration and work on common products.

False

The organization's official communication network is not visible in the organization chart.

False

This U.S. agency enforces the laws prohibiting deceptive advertising:

Federal Trade Commission.

Social capital is a phrase that refers to all of the following, except:

Funds set aside for company events.

Warning consumers about the possible side effects of pharmaceutical drugs is an example of consumer protection against:

Hazardous products.

The term civic engagement describes:

The active involvement of businesses and individuals in improving communities.

Consumers have become more dependent on businesses for product quality because:

The complexity of products makes choices complicated for consumers.

Another term for corporate giving is corporate:

Philanthropy

Environmental justice is a movement to:

Prevent inequitable exposure to risk, such as from hazardous waste.

Age, ethnicity, gender, mental or physical abilities, race, and sexual orientation fall under which dimension of diversity?

Primary

A firm that has global operations has:A firm that would like to develop a global supply chain would:

Purchase raw materials, components, or supplies from sellers in other countries.

Reading Quiz 12

Reading Quiz 12

Reading Quiz 13

Reading Quiz 13

The "right to be heard" promises that consumers' interests will:

Receive full and sympathetic consideration.

Which of the following is (are) core rights of consumers?

The right to safety.

Representation on the World Bank's board of directors is based on:

The size of the member nation's economy.

According to a 2016 survey of senior supply chain managers, what is the leading reason to invest in supplier social responsibility?

To create a positive image and enhance brand equity.

What is one reason that firms partner with communities to increase economic development?

To develop workplace skills.

One argument in favor of net neutrality is:

To fairly compete, small, medium, and large firms should have the same Internet bandwidth.

AQR Co. has a horizontal structure. They attempt to dissolve departmental boundaries and reporting relationships as much as possible.

True

Members of boundaryless organizations communicate primarily through virtual methods.

True

A person's entitlement to protection from invasion of one's personal life is called the:

Right to privacy.

Communities depend on business for:

Schools. Health care. The arts. All of the above.

Some studies have shown that the burden of complying with safety regulations falls hardest on:

Small businesses.

A firm that has global operations has:

Some or all of their manufacturing or service operations abroad.

A visual representation of the many links between a lead firm and its suppliers, superimposed on a geographical map is called a:

Supply chain map.

Natural capital refers to the world's:

Supply of geology, soil, air, water, and all living things

A living wage has been defined as a wage that:

Supports half the basic needs of an average-sized family, based on local prices.

The purpose of the right to be forgotten is to:

Increase protection of privacy and personal information.

The digital divide describes the gap between those:

Individuals who have technology and those who do not.

The relationship between business and the community is accurately described by:

It is one of mutual interdependence.

One argument in favor of affirmative action is:

It levels the playing field to correct past discriminatory hiring practices.

The Occupational Safety and Health Act gives workers the right to a job:

That is free from recognized hazards that are likely to cause death or serious injury.

An individual who is a supporter of globalization would argue that it helps the developing world by:

All of these answers are correct.

In the United States, the federal government regulates which of the following major areas of environmental protection?

All of these answers are correct.

Intellectual property refers to:

All of these answers are correct.

Social impacts of global supply chains include:

All of these answers are correct.

Why should businesses get involved in the community?

All of these answers are correct.

A critic of globalization might argue that companies decide to manufacture in China mainly because of China's:

Weak health and safety regulations.

A prime social responsibility of business is to safeguard consumers:

While continuing to supply them with goods and services they want

Many rapid changes in technology over the past few decades were facilitated by:

all of these answers are correct.

The place where information is stored, ideas are described, and communication takes place in and through an electronic network of linked systems is called:

cyberspace.

Glenda, the plant manager for ABC Corporation, views the results from the latest survey of employee attitudes. The results show that job satisfaction in the manufacturing plant has dropped significantly since the last survey. This is a ________ source of change.

human resource problem

The business department at WhatsUp University is planning to split into two departments, one for accounting and finance and another for marketing and management. As a result, the present department chair, Professor Bland, will lose his full-time release from teaching and also share his position on the dean's council with whoever the other department chair will be. He is against the change, stating that it will cause many problems. How would you describe the most likely cause of Dr. Bland's resistance?

loss of status

Which of the following is not an example of an internal force for change?

negative feedback from customers

Religuard is a pharmaceutical company that has factories in Taiwan. Due to environmental regulations in the country becoming stricter, Religuard has had to shut operations at three of its five manufacturing units. Which of the following forces of change had a role to play in the shutting down of these units?

social and political pressures

A(n) ________ outlines the organization's long-term direction and the actions necessary to achieve planned results.

strategic plan