Friday 5 May 2017

BUS 309 Week 5 Chapters 4 and 5 Quiz

BUS 309 Week 5 Chapters 4 and 5 Quiz 
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•             Question 1
5 out of 5 points
               
                Marxism states                                
                Selected Answer:             
capitalism leads to a concentration of property and thus a concentration of resources and power in relatively few hands.

                                               
•             Question 2
5 out of 5 points
               
                An exclusive focus on short-term performance                                

•             Question 3
5 out of 5 points
               
                An assessment of work in America is                                     

                                               
•             Question 4
5 out of 5 points
               
                Which statement accurately describes capitalism?                                           

                                               
•             Question 5
5 out of 5 points
               
                The profit motive                                            

                                               
•             Question 6
5 out of 5 points
               
                For the first time since the Industrial Revolution, less than _____ percent of the American workforce was employed by manufacturing.                                    

•             Question 7
5 out of 5 points
               
                According to one survey of cultural values                                           

•             Question 8
5 out of 5 points
               
                Which of the following is an accurate statement?                                            

•             Question 9
5 out of 5 points
               
                Though many jobs are outsourced, most economists believe                                     

•             Question 10
5 out of 5 points
               
                Which of the following accurately reflects the concept of Marxism?                                        

                                               
•             Question 11
5 out of 5 points
               
                For employees who are paid handsomely for their efforts, Marx said their work would ultimately prove to be                                   

                                               
•             Question 12
5 out of 5 points
               
                One of the key features of capitalism is                                

                                               
•             Question 13
5 out of 5 points
               
                Rather than strong work ethic, a common attitude is:                                    

                                               
•             Question 14
5 out of 5 points
               
                Evidence for the idea that American manufacturing is declining is                                             

                                               
•             Question 15
5 out of 5 points
               
                A basic tenet of capitalism is that                                             

                                               
•             Question 16
5 out of 5 points
               
                Those with a broader view concerning business obligations believe that with power comes                                        

                                               
•             Question 17
5 out of 5 points
               
                The statement that accurately describes corporations is                                               

                                               
•             Question 18
5 out of 5 points
               
                The debate over corporate moral agency hinges on which issue?                                             
                 
                                               
•             Question 19
5 out of 5 points
               
                A common point of contention about corporations is                                     
  

                                               
•             Question 20
5 out of 5 points
               
                Milton Snoeyenbos argues that                                               

                                               
•             Question 21
5 out of 5 points
               
                Which of the following do advocates of the broader view of corporate social responsibility believe?                                       
                 
                                               
•             Question 22
5 out of 5 points
               
                Momentum for the corporate organization of business really gained momentum after which war?                                         

                                               
•             Question 23
5 out of 5 points
               
                The “rules of the game” for corporate work are intended to                                       

                                               
•             Question 24
5 out of 5 points
               
                One of the three important "limits to what the law can do" discussed by Christopher Stone is                    
                                               
•             Question 25
5 out of 5 points
               
                Melvin Anshen suggests that there is a relationship between business and society which he termed as                                

                                               
•             Question 26
5 out of 5 points
               
                Some argue for the narrow view of corporate social responsibility on the ground that managers have a fiduciary responsibility to maximize the profits of their shareholders. As discussed in Chapter 5, one problem with this argument is that                                       

                                               
•             Question 27
5 out of 5 points
               
                Corporations differ from partnerships and other forms of business association in two ways. One of these is that                                               

                                               
•             Question 28
5 out of 5 points
               
                In the corporate world, the board of directors will typically                                          
                 
                                               
•             Question 29
5 out of 5 points
               
                The idea that corporations are moral agents                                       
                 
                                               
•             Question 30
5 out of 5 points
               
                The first corporations                                    

                                               

•             Question 1
5 out of 5 points
               
                How many Americans believe that “if you work hard enough, you'll make it?”

                                               
•             Question 2
5 out of 5 points
               
                Which statement accurately describes capitalism?
 
                                               
•             Question 3
5 out of 5 points
               
                According to one survey of cultural values

                                               
•             Question 4
5 out of 5 points
               
                Evidence for the idea that American manufacturing is declining is

                                               
•             Question 5
0 out of 5 points
               
                Marxism states

•             Question 6
0 out of 5 points
               
                Rather than strong work ethic, a common attitude is:

                                               
•             Question 7
5 out of 5 points
               
                Which of the following historical stages of capitalism came first?

                                               
•             Question 8
5 out of 5 points
               
                A basic premise of Adam Smith's invisible hand argument is

                                               
•             Question 9
5 out of 5 points
               
                Karl Marx believed that

                                               
•             Question 10
5 out of 5 points
               
                The concept of the "invisible hand" means

                                               
•             Question 11
0 out of 5 points
               
                The profit motive


                                               
•             Question 12
5 out of 5 points
               
                For the first time since the Industrial Revolution, less than _____ percent of the American workforce was employed by manufacturing.

                                               
•             Question 13
5 out of 5 points
               
                The Fugger dynasty was an example of

                                               
•             Question 14
5 out of 5 points
               
                Though many jobs are outsourced, most economists believe

                                               
•             Question 15
5 out of 5 points
               
                An assessment of work in America is

                                               
•             Question 16
5 out of 5 points
               
                Kenneth Arrow discussed two important situations in which profit maximization can be socially inefficient. One of these occurs when

                                               










•             Question 17
0 out of 5 points
               
                Which of the following contributed to the more relaxed incorporation procedures of modern times?

                                               
•             Question 18
5 out of 5 points
               
                The best statement concerning corporations is

                                               
•             Question 19
5 out of 5 points
               
                The debate over corporate moral agency hinges on which issue?

                                               
•             Question 20
5 out of 5 points
               
                The “rules of the game” for corporate work are intended to

                                               
•             Question 21
5 out of 5 points
               
                Melvin Anshen suggests that there is a relationship between business and society which he termed as

                                               
•             Question 22
0 out of 5 points
               
                Corporations differ from partnerships and other forms of business association in two ways. One of these is that


                                               
•             Question 23
5 out of 5 points
               
                A common point of contention about corporations is

                                               
•             Question 24
0 out of 5 points
               
                The idea that corporations are moral agents

                                               
•             Question 25
5 out of 5 points
               
                Milton Friedman’s perspective is that the only social responsibility of a business is to

                                               
•             Question 26
5 out of 5 points
               
                Those with a broader view concerning business obligations believe that with power comes

                                               
•             Question 27
0 out of 5 points
               
                Which of the following is one of the three arguments in favor of narrow corporate social responsibility discussed in Chapter 5?

Question 28

               
                Adam Smith proposed that in our pursuit of economic interests we are led by

                                               
•             Question 29
5 out of 5 points
               
                The first corporations

                                               
•             Question 30
0 out of 5 points
               
                Most Americans believe a corporation’s top obligation is to its
               

Question 1
0 out of 5 points
               
                One reason for believing that in practice capitalism fails to live up to its own ideal of competition is

                                               
 Question 2
5 out of 5 points
               
                How many Americans believe that “if you work hard enough, you'll make it?”

 Question 3
5 out of 5 points
               
                The profit motive

                                               
 Question 4
5 out of 5 points
               
                Marxism states

                                               
 Question 5
5 out of 5 points
               
                Which of the following accurately reflects the concept of Marxism?

                                               
 Question 6
5 out of 5 points
               
                Some critics of capitalism believe that it rests on a flawed view of human beings because

                                               
 Question 7
5 out of 5 points
               
                The concept of the "invisible hand" means

                                               
 Question 8
5 out of 5 points
               
                Evidence for the idea that American manufacturing is declining is

                                               
 Question 9
5 out of 5 points
               
                The Fugger dynasty was an example of

                                               
 Question 10
0 out of 5 points
               
                For employees who are paid handsomely for their efforts, Marx said their work would ultimately prove to be

                                               
 Question 11
5 out of 5 points
               
                Karl Marx believed that

                                               
 Question 12
5 out of 5 points
               
                Many economists are concerned that the growing trade deficit makes the U.S. vulnerable to

                                               
 Question 13
5 out of 5 points
               
                Though many jobs are outsourced, most economists believe

                                               
 Question 14
5 out of 5 points
               
                An assessment of work in America is

                                               
 Question 15
5 out of 5 points
               
                One of the key features of capitalism is

                                               
 Question 16
5 out of 5 points
               
                The statement that accurately describes corporations is

                                               
 Question 17
5 out of 5 points
               
                Externalities are

                                               
 Question 18
0 out of 5 points
               
                In the corporate world, the board of directors will typically

                                               
 Question 19
5 out of 5 points
               
                Which of the following do advocates of the broader view of corporate social responsibility believe?

                                               
 Question 20
5 out of 5 points
               
                The best statement concerning corporations is

                                               
 Question 21
5 out of 5 points
               
                Melvin Anshen suggests that there is a relationship between business and society which he termed as

                                               
 Question 22
5 out of 5 points
               
                Corporations differ from partnerships and other forms of business association in two ways. One of these is that

                                               
 Question 23
5 out of 5 points
               
                In Citizens United v. Federal Elections Commission, the U.S. Supreme Court

                                               
 Question 24
5 out of 5 points
               
                Milton Friedman’s perspective is that the only social responsibility of a business is to

                                               
 Question 25
5 out of 5 points
               
                A common point of contention about corporations is

 Question 26
5 out of 5 points
               
                The debate over corporate moral agency hinges on which issue?

 Question 27
5 out of 5 points
               
                Momentum for the corporate organization of business really gained momentum after which war?

                                               
 Question 28
5 out of 5 points
               
                Milton Friedman argues that

 Question 29
5 out of 5 points
               
                Those with a broader view concerning business obligations believe that with power comes
               
 Question 30
5 out of 5 points
               
                One of the three important "limits to what the law can do" discussed by Christopher Stone is
               

Question 1
5 out of 5 points
Correct
For the first time since the Industrial Revolution, less than _____ percent of the American workforce was employed by manufacturing.

Question 2
5 out of 5 points
Correct
Karl Marx believed that

Question 3
5 out of 5 points
Correct
Though many jobs are outsourced, most economists believe

Question 4
5 out of 5 points
Correct
A basic premise of Adam Smith's invisible hand argument is

Question 5
5 out of 5 points
Correct
The Fugger dynasty was an example of

Question 6
5 out of 5 points
Correct
An assessment of work in America is

Question 7
5 out of 5 points
Correct
The concept of the "invisible hand" means

Question 8
5 out of 5 points
Correct
The profit motive

Question 9
5 out of 5 points
Correct
Marxism states

Question 10
5 out of 5 points
Correct
A basic tenet of capitalism is that

Question 11
5 out of 5 points
Correct
One reason for believing that in practice capitalism fails to live up to its own ideal of competition is

Question 12
5 out of 5 points

For employees who are paid handsomely for their efforts, Marx said their work would ultimately prove to be

Question 13
5 out of 5 points

How many Americans believe that “if you work hard enough, you'll make it?”

Question 14
5 out of 5 points
Correct
According to one survey of cultural values
  
Americans typically value things like their children's education and a satisfactory love life more than work.

                                               
 Question 30
5 out of 5 points
               
                Which of the following do advocates of the broader view of corporate social responsibility believe?

                                               

Chapter 4—The Nature of Capitalism

MULTIPLE CHOICE

                1.            Which of the following historical stages of capitalism came first?
a.            financial               b.            mercantile          c.             industrial             d.            state welfare




                2.            The profit motive
a.            is a fundamental feature of all societies.
b.            is no longer a key feature of capitalism.
c.             must be checked by competition if society is to benefit.
d.            is basically immoral.




                3 …………………………..
All Questions Solution Included


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