BA 325 Midterm

Enforcement of speeding laws is an indication A. of community's preferences B. of the importance of strict guidelines that are written into law C. the degree to which race and gender remain a factor in law enforcement D. that policy implementation depends on the availability of resources

??? (Not b)

Which of the following was NOT one of the facts Dr. Danielle Martin reminded Senator Richard Burr regarding the Canadian single payer healthcare system during her testimony before US Senate Committee? A. in the US 45000 die every year waiting for medical care B. public financed health care has not resulted in fewer innovations in medical research C. Canadian population is healthier than the US population D. Canadian healthcare will suffer if Canada switches to private insurance

??? (not A or D)

Which of the following is CORRECT regarding the power of judicial review? A. it gives the supreme court the power to nullify presidential appointments B. it is one of the three powers mentioned under Article lll of the US constitution C. it allows the Supreme court to decide the constitutionality of acts of state legislatures. D. it does not extend to laws enacted by state legislatures

??? (not B)

During the last two decades of the 19th century corporation used _________ to being to win "personhood." A. 14th amendment equal protection clause B. the 5th amendment search and seizure clause C. the 5th amendment due process clause D. 14th amendment due process clause

A. 14th amendment equal protection clause

Surveys show Americans hold a dim view of A. Business executives B. The military C. Nurses D. Churches

A. Business executives

the readings for this week suggest businesses will not be profitable if adhering to ethical principles of conduct. A. False B. True

A. False

A majority of American public, regardless of partisan affiliation, wants the federal government to play a greater positive role in their lives. A. True B. False

A. True

Administrative law consists of the rules, orders, and decisions of administrative agencies. A. True B. False

A. True

Administrative rules have binding legal effect unless the courts later overturn them A. True B. False

A. True

As Chase Madar reminds us, many GOP voters have told opinion polls that they hate Obamacare, but like the Affordable Care Act A. True B. False

A. True

Consequentialism requires businesses to take care that their profit making requirements do not violate basic human rights such as fair remuneration or a safe environment. A. True B. False

A. True

For McGee, Supreme Court's Hobby Lobby decision subjects the rights of a company's employees to the religious beliefs of it's owners A. True B. False

A. True

If you are a person of color you are twice as likely to have zero or negative wealth compared to the white population in the United States A. True B. False

A. True

Taylor finds that for an ethical company to be successful financially it A. has to think long-term B. has to have a powerful message C. must develop a convincing code of conduct D. must have a clear track to added financial benefits in the short-term

A. has to think long-term

Edwardo's Pizza files a suit against the state of Wisconsin, claiming that a Wisconsin state law violates the commerce clause by limiting the company to the list of national Supreme Court will agree if the statue imposes a substantial burden on A. interstate commerce B. states regulatory powers C. states cheese loving population D. local governments

A. interstate commerce

As we see in the video, Obama's Deal, the process that resulted in the passage of the Affordable Care Act shows all of the features of law making EXCEPT A. participation is geared toward enacting the policy that serves the public best B. there are some policy options who are never considered C. there are powerful interests who are able to steer policy away from what is in the best interest of the public D. presidents often need to build support inside their own political party

A. participation is geared toward enacting the policy that serves the public best

Having watched the documentary film Inside Job, which of the following is LEAST likely to stop bank executives from taking risks with people's investment and the health of the economy in pursuit of short-term profits? A. relying on self regulation B. reenacting the Glass-Steagall Act C. imposing mandatory jail time for bank executives D. making them personally responsible for losses

A. relying on self regulation

Fiscal policy uses which of the following tools? A. taxation, government spending B. tax cuts, budget cuts, deregulation, and balance budgets C. manipulating the interest rate D. open market operations

A. taxation, government spending

The film Inside Job documents a relationship between research universities and big business A. that is close and mutually rewarding B. where faculty often refuse to cooperate with business interests C. where these universities have provided research critical of neoliberal policies that has been based on mutual mistrust

A. that is close and mutually rewarding

Businesses cannot operate without government rules and regulations A. true B. false

A. true

The video, Born Good suggests ending discrimination ____________ A. will be difficult because as babies we already fear those who do not look like us. B. will be impossible because our inner core morality remains unchanged C. is possible because humans are not born with an innate mistrust of others D. Will be impossible because nurture cannot overcome nature

A. will be difficult because as babies we already fear those who do not look like us.

A company's financial success is a good measure of its social responsibility. A. True B. False

B. False

A restriction of commercial speech is valid as long as it forbids the expression of views on divisive issues A. True B. False

B. False

Apple is the ultimate example of how capitalism, freed from government meddling, can contribute to technological revolutions. A. True B. False

B. False

Based on CEO's actions after their Business Roundtable issued its 2019 "Fundamental commitment to all stakeholders." the prospects for corporate citizenship look very promising. A. True B. False

B. False

Formulation of the Affordable Care Act shows public's preferences are more important than either business interests or individual policy makers' political interests A. True B. False

B. False

Importance of interest groups (for example those representing business interests) in policy making ends when congress passes legislation A. True B. False

B. False

Karr's article shows clearly the effectiveness of American anti-trust laws in safeguarding competition A. True B. False

B. False

Rule-making is one of the responsibilities of congress A. True B. False

B. False

Supply-side economics relies on tax-cuts, government spending, and regulation to jump start and maintain economic growth A. True B. False

B. False

The technologies that put the "smart" into Apple's "smartphones" are developed by Steve Jobs and his team of innovative "disrupters." A. True B. False

B. False

Which of the following is NOT one of the myths surrounding business-government relationship in the US? A. Government spending crowds out private investment B. Government has always invested heavily in new technologies and scientific breakthrough C. Government is inherently bureaucratic, slow, and grey D. Government is necessary only for fixing "market failures"

B. Government has always invested heavily in new technologies and scientific breakthrough

Which of the following is NOT one of the reasons for legislators involvement in policy administration? A. constituency or donors' demands B. career plans following retirement from congress C. congressional oversight D. personal policy interests

B. career plans following retirement from congress

The example of Dr. Yamada at GSK shows that A. even when one manager has the clarity of conscience and the courage to speak up, others in the company will strongly resist any change. B. one person who has the courage to speak up about moral issues can change corporations ways of thinking. C. even when one manager can give his company a moral purpose, it is impossible to convince other companies of the importance of business decisions that do not sacrifice morality for high profits. D. courage and determination can only result in person's isolation in the corporate world.

B. one person who has the courage to speak up about moral issues can change corporations ways of thinking.

As discussed in lecture, which of the following is NOT one of the reasons why in the United States we need CSR? A. business legitimacy B. political equality C. income inequality D. Economic insecurity

B. political equality

As discussed in lectures, the core of rights reasoning is the belief that A. the right to join a union is no longer universally accepted. B. respecting the rights of others is the essence of human rights. C. the company's right to a profit must be protected. D. economic and political powers determine who is right.

B. respecting the rights of others is the essence of human rights.

A federal law regarding the labeling of pesticides directly conflicts with a state law. The state law will be rendered invalid by the courts based on which of the following provisions of the US constitution? A. the commerce clause B. the supremacy clause C. the 4th amendment D. the 14th amendment

B. the supremacy clause

As McGee sees it, corporate personhood rights are necessary for all the following reasons EXCEPT A. when people must enter into legally enforceable contracts with corporations B. when the corporate person wants to impose its values on the society C. when a corporation can be sued for violating the law D. when corporations can sue on behalf of its customers interests

B. when the corporate person wants to impose its values on the society

If your boss fires you without giving you a reason and deny you the ability to appeal your case, they have violated which of the following ethical principles? A. Common good B. Virtue C. Justice D. Care

C. Justice

In 2015, Congress passes the Act to Restrict Commercial Speech (ARCS). The ARCS will be considered valid id it directly advances a substantial government interest A. without regard to how "far" it goes B. and the parties affected by it can elect how "far" to go in applying it C. but goes no further than necessary to achieve its purpose D. and goes further than necessary to ensure full coverage

C. but goes no further than necessary to achieve its purpose

As mentioned in the video, "How Billionaires Got $637 Billion Richer During The Pandemic." one important reason corporations did substantially better than individuals in the years after 2008 housing crash was that A. the public wasted the government assistance on unnecessary purchases B. individuals were given much less aid by the government because their debt was due to irresponsible spending C. corporations received much more assistance from the government than individuals D. corporations' wealth was not concentrated in the housing market

C. corporations received much more assistance from the government than individuals

The period of "corporate stewardship" represented a time when businesses A. wholeheartedly supported a regulatory government B. believed strongly in necessity of a large federal role in the economy C. did not necessarily want a big government D. advocated close business relationship with government

C. did not necessarily want a big government

The video "How Billionaires Got $637 Billion Richer During The Pandemic." shows how much the success of companies and their owners in weathering repeated economic storms and emerging with even more wealth is the result of A. hard work that pays off in large profits that cushion them during economic downturn B. deregulation that has limited government intervention C. government policies that are designed to protect them during tough times D. their willingness to play fair and take care of the stakeholders

C. government policies that are designed to protect them during tough times

A member of congress intervening with a federal agency on behalf of a constituent is an example of A. checks and balances in a system of separated institutions B. multilayered representation C. legislators involvement in policy administration D. congressional oversight

C. legislators involvement in policy administration

According to Friedman, business pursuit of profits A. should not harm the poor B. should not be concerned with societal norms C. must happen within the bounds of societal norms and existing laws D. must not violate the rights of labor

C. must happen within the bounds of societal norms and existing laws

Government purchasing goods and services from the private sector or subsidizing the wages of the working poor are examples of A. supply-side economics B. market manipulations C. non-regulatory policies D. regulatory policies

C. non-regulatory policies

Separation of powers and multilayered representation means A. the political system is responsive to all interests B. in the same policy area, new laws are clearly different from existing laws C. the American political system requires bargaining across branches and within congress D. presidents can govern without congressional support

C. the American political system requires bargaining across branches and within congress

Martin Gilens uses more than thirty years of data to show all of the following to be true EXCEPT A. when congress and president are from different political parties government policies are more representative of what the majority wants B. the more competitive an election is the more representative policies will be C. while American democracy is vastly unequal, the gap between those who have lots of influence and those who have little has been closing D. US democracy is unequal and that inequality is growing

C. while American democracy is vastly unequal, the gap between those who have lots of influence and those who have little has been closing

What does the formulation of the Affordable Care Act tell us about the policy making process? A. When president has partisan majorities in Congress, he can lead the policy process B. Mid-term elections have no effect on policy making C. Members of Congress are always prepared to listen to all sides of an issue D. Even when president's party has congressional majorities, the president cannot necessarily impose his will on congress

D. Even when president's party has congressional majorities, the president cannot necessarily impose his will on congress

Which of the following are TRUE regarding the period of "corporate stewardship?" A. big businesses invested an increasing percentage of its profits in Asia B. businesses organized in order to defeat big government C. big corporations gradually began to oppose labor right to organize and bargain collectively D. discrimination against minorities continued

D. discrimination against minorities continued

Which of the following is NOT one of the requirements of corporate citizenship? A. equality before the law B. corporations paying their employees fair wages C. corporations paying their fair share of taxes D. educated CEOs

D. educated CEOs

According to Archie Carroll, ethical responsibilities of corporations A. are minimal ground rules under which businesses are expected to operate and function B. include business's voluntary or discretionary activities C. refer to societal requirement that business organizations be able to sustain themselves D. embrace practices and standards that are expected or prohibited by society even though they are not codified into law

D. embrace practices and standards that are expected or prohibited by society even though they are not codified into law

Government regulations are designed in part to A. control business decisions B. create new markets C. protect private investments overseas D. ensure competition and public's access to societal goods

D. ensure competition and public's access to societal goods

Fiscal, Monetary, and Supply-side policies are examples of A. government creating new markets B. business influence on government C. government organizing the market D. government correcting the market

D. government correcting the market

For Rebecca Henderson the pandemic has shown us the reality of all of the following EXCEPT A. we stand and fall as a society and that the welfare of the poorest among us is integral to everyone's welfare B. when the chips are down, a capable, responsive government is a necessity, not a dirty word C. fundamental change no longer seems impossibly out of the reach D. in the US we do not need competent leadership.

D. in the US we do not need competent leadership.

In order to introduce ethics into corporate decisions, Taylor suggests all of the following EXCEPT A. disentangle it from higher profits B. Prioritize the long-term C. making it into business priority D. link it closely to shareholder returns

D. link it closely to shareholder returns

Conventional approach to ethics is based on A. an ethical test B. the use of ethical principles to justify and direct one's behavior C. principles that should guide the conduct of a reasonable person D. prevailing social norms

D. prevailing social norms

In the last several decades, corporations have used their economic power to purchase political power in order to do all the following EXCEPT A. limit market entrance by new players B. extend patents C. limit government enforcement of market rules D. promote social welfare programs

D. promote social welfare programs

According to Richard Briffault, most of the money spent on federal elections come from A. PACs (Political Action Committees) B. the so called "Dark Money" donors C. those who donate more than $200 D. the wealthy, white, older segments of US population

D. the wealthy, white, older segments of US population

Which of the following is NOT true regarding administrative agencies? A. they write the rules necessary for implementation B. they implement policy C. they are created by congress D. they can rewrite legislation

D. they can rewrite legislation

Martin Gilens shows the only time the poor and middle class preferences result in favorable policies is when A. there is a wide gap, greater than 10 points, exist between the policies supported by the affluent and the policies preferred by the poor and the middle class B. they are organized into a cohesive national movement C. the affluent class is divided and thus cannot formulate coherent policy demands D. those preferences and the policy preferences of the affluent converge

D. those preferences and the policy preferences of the affluent converge

Businesses cannot operate without government rules and regulations. A. True B. False

True

In modern societies the foundation of all laws is called A. common law B statutory law C. constitutional law D. administrative law

constitutional law

Which of the following is NOT one of the arguments regarding business executives advanced by Taylor? A. they care about their personal legacy B. they are aware of the importance reputation C. They are opportunistic and subject to short-term pressures D. business is well placed to address long-term societal problems

they are opportunistic and subject to short-term pressures