Exam (elaborations)
Bus 202 Final Detailed Questions And Expert Answers
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Bus 202 Final Detailed Questions And Expert Answers
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Bus 202 Final Detailed Questions And ExpertAnswers
Business can do just about anything it wants because we do not live on a socially
consious environment (True/False) - ANS False
Pluralism is a condition in which there is concentration of power among society's
groups and organizations (True/False) - ANS False
All stakeholders are the owners of shares in a corporation (True/False) - ANS False
The social contract is the set of rights and duties imposed on citizens by their
government (True/False) - ANS False
The Iron Law of Responsibility states that people who use power wisely will be
rewarded with more power (True/False) - ANS False
A child's assumption that he or she will have a higher standard of living than the
previous generation is called the revolution of rising expectations (True/False) -
ANS True
Research has indicated that improvements in corporate social performance are
associated with improved financial results (True/False) - ANS True
, Huge businesses can disproportionately influence politics, shape tastes, and
dominate public discourse (True/False) - ANS True
Being socially responsible means that a company must abandon its other missions
(True/False) - ANS False
Some authors now argue that stakeholders inclusion is the key to corporate
success (True/False) - ANS False
One of the reasons that the stakeholder model is becoming more popular is
because the stakeholder environment is finally calming down after several decades
of turbulences (True/False) - ANS False
Business, by virtue of its place in society, has an inherent right to exist (True/False)
- ANS False
One of the most appealing arguments in favor of corporate social responsibility for
business supporters is that voluntary social acts may head off increased
government regulation (True/False) - ANS True
Penalties under the Sarbanes-Oxley Act can include fines and prison terms
(True/False) - ANS True
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