Economic growth and improve stability in the private sector


Multiple choice questions:

Question 1

The ________ formed in 1995 and administers its own trade agreements, facilitates future trade negotiations, settles trade disputes, and monitors the trade policies of member nations.

International Monetary Fund

United Nations

World Trade Organization

North American Free Trade Act

European Union

Question 2

Who argued during the 1930s that the state could stimulate economic growth and improve stability in the private sector?

Adam Smith

John Maynard Keynes

Milton Friedman

Herbert Hoover

Geert Hofstede

Question 3

Risk compartmentalization occurs when

companies place their most problematic employees into separate profit centers so that they cannot influence one another to act unethically.

all profit centers within a corporation are aware of the code of ethics.

all profit centers within an organization become aware of the consequences of competitors' actions.

various profit centers within an organization become unaware of the consequences of their actions on the firm as a whole.

ethics and compliance programs reduce the risk of misconduct

Question 4
The growth of the Internet and differing security laws between countries has led to an increase in concern for the human right of

religion.

a secure job.

healthcare.

privacy.

freedom of speech

Question 5

When in Rome, do as the Romans do, or you must adapt to the cultural practices of the country in which you are operating

are rationalizations businesspeople sometimes offer for straying from their own ethical values when doing business abroad. This practice is called

self-reference criterion.

country cultural values.

consumerism.

cultural relativism.

dumping

Question 6
________ is a term used by Adam Smith to explain the inherent mechanisms at work in free market systems that keep commerce in equilibrium. It is also known as the "invisible hand."

Consumerism

Cultural relativism

Social democracy

Laissez-fair

Bimodal wealth distribution

Question 7

Which of the following has the power to enact legally binding ground rules for international commerce and trade policy?

Global Sullivan Principles

World Trade Organization

Global Sullivan Organization

Federal Trade Commission

Global Commerce Association

Question 8

________ involves transactions across national boundaries. It is a practice that brings together people who have different cultures, values, laws, and ethical standards.

Global business

Country cultural values

Social democracy

Cultural relativism

Bimodal wealth distribution

Question 9

________ is a two-way process in which the communicator communicates with superiors and subordinates.

Cooperation

Transparency

Leader-follower congruence

Reporting

Collaboration

Question 10

Which type of leader relies on participation and teamwork to reach collaborative decisions?

Transformational

Coercive

Democratic

Coaching

Pacesetting

Question 11

Which leadership type values people, their emotions, and their needs and relies on friendship and trust to promote flexibility, innovation, and risk taking?

Authoritative leadership

Coaching leadership

Pacesetting leadership

Coercive leadership

Affiliative leadership

Question 12

________ and reporting are two major dimensions of ethical communication.

Collaboration

Transparency

Recognition

Listening

Compromising

Question 13

________ are a primary influence on employee's ethical behavior because they are role models for the organization's values.



Friends

Parents

Peers

Coworkers

Leaders

Question 14

These leaders are passionate about the company, live out corporate values daily in their behavior in the workplace, and form long-term relationships with employees and other stakeholders.

Transactional

Compromising

Transformational

quantitative

Authentic

Question 15

_______ occurs when one or more group members feel pressured to conform to the group's decision even if they personally disagree.

Group polarization

Leader-follower congruence

Groupthink

Competition

Conflict

Question 16

________ leaders are passionate about the company, live out corporate values daily in their behavior in the workplace, and form long-term relationships with employees and other stakeholders.

Authentic

Coaching

Transformational

Transactional

Pacesetter

Question 17

Although limiting urban sprawl creates disadvantages for ________, many businesses can benefit from urban renewal movements that reduce sprawl.

car and oil companies

the airline industry

the railroad industry

service oriented companies

humans and animals

Question 18

Which industry invests the most in alternative clean energy sources?

The automobile industry

The clothing industry

The airline industry

The federal government

The oil and gas industry

Question 19

The Clean Air Act:

Allowed the EPA to track industrial chemicals

Focuses on promoting alternative forms of energy

Established national air quality standards

Provides tax benefits to consumers who purchase hybrid cars

Focuses on reducing pollution through cost-effective change

Question 20

Which option includes the assessment and improvement of business strategies, economic ectors, work practices, technologies, and lifestyles while maintaining the natural environment?

Competitive advantage

Marketing

Sustainability

Greenwashing

Risk analysis

Question 21

Geothermal energy provides ________ and is a more dependable energy source than some other forms of alternative energy.

heat from the sun

a radiated heat

heat from steam

a constant source of heat

a dry heat

Question 22

Stakeholder assessment is an important part of a ________approach to environmental issues.

low-commitment

medium-commitment

high-commitment

hands-off

hands-on

Question 23

All of these are ways of reducing pollution, except:

Designing environmentally friendly buildings

Recycling

Greenwashing

Source reduction

Sustainable agriculture

Question 24

The ________ focuses on reducing pollution through cost-effective changes in production, operation, and raw materials use.

Pollution Prevention Act

Toxic Substances Control Act

Clean Air Act

Energy Policy Act

Oil Pollution Act

Question 25

The Clean Water Act makes it illegal for anyone to discharge any pollutant from a point source directly into navigable waters without a .

good reason

direct order

permit

inspector present

limit

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