MGMT 4345 SEC 21 EXAM 1

Carrying the idea of pluralistic society to an extreme leads to

A special-interest society

The processes by which laws are enacted and government officials are elected are part of the

Political Environment

The demographics, lifestyles, and social values of a society determine the firms?

Social Environment

When a business affects the life of a member of the surrounding community without meaning to, the company has wielded?

Unintentional Power

Which of the following is not a factor in the social environment that has led to the current climate of criticism of business?

Consumer spending patterns

Movies are a significant source of business criticism because?

Corporations are seen as powerful, profit-seeking enterprises that have no redeeming values.

Which of the following characteristics of an industry does not add to the creation of visible and controversial social problems?

Geographic Location

The intermediate level of business power is found in

Groups of corporations acting in concert

The business power wielded by an individual firm is know as

Micro-level power

The ability to produce an effect or influence a situation is known as

Power

At the core of the American Dream - and its equivalents in other nations - are?

Rising Expectations