BUSG 210 Practice Final Exam updated questions with 100% correct answers 2024/2025
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Course
BUSG 210 Practice
Institution
BUSG 210 Practice
BUSG 210 Practice Final Exam updated questions with 100% correct
answers 2024/2025
Max Weber characterized the private economy as which of the following? - ANSWERS A money
economy is a presupposition of bureaucracy.
Why do people buy products that are harmful to them? - ANSWERS People desire ...
BUSG 210 Practice Final Exam updated questions with 100% correct answers 2024/2025 Max Weber characterized the private economy as which of the following? - ANSWERS A money economy is a presupposition of bureaucracy. Why do people buy products that are harmful to them? - ANSWERS People desire these products even if they do not need them. To achieve a greater degree of diversity in the workplace, managers' goals should encompass which of the following? - ANSWERS inclusion What is the difference between nominal wage and real wage? - ANSWERS Nominal wage represents the actual amount of money a worker earns per hour; real wage represents the nominal wage adjusted for inflation. Which of the following benefits is typically valued more highly by men than by women? - ANSWERS free gym membership Which generation is most likely to change jobs four times within the first ten years of their career? - ANSWERS millennials Which of the following is a positive attribute of unions from a manager's perspective? - ANSWERS Unions create a formal dispute resolution process for workers. How do children view advertising? - ANSWERS the same as information from trusted adults True or false? In most states, a company may still legally prohibit its employees from moonlighting during the term of their employment, particularly for a competitor or position in the same industry/business area. - ANSWERS true Which of the following pay discrimination laws is the strongest such law in the United States, allowing victims of discrimination to seek redress for up to six years of underpayment and tripling monetary damages for a prevailing plaintiff? - ANSWERS Diane B. Allen Equal Pay Act The economic concept of ________ is critical to the nation as a whole in an economic system like capitalism, in which individuals pay for most of what they need in life rather than receiving government benefits funded by taxes. - ANSWERS a fair wage What is the federal minimum hourly wage? - ANSWERS $7.25 Which country has the most significant regulatory oversight of animal testing? - ANSWERS United Kingdom Which of the following laws ensures that employers provide a workplace environment free of risk to employees' safety and health? - ANSWERS OSHA Title VII of the CRA, which governs nondiscrimination, mandates four tenets that all employers should follow. Which of the following is not one of the tenets? - ANSWERS undue hardship What is the ethical issue behind issuing disaster insurance? - ANSWERS What constitutes a reasonable profit may be unfair True or false? For consumer product testing, which is controversial, the Federal Food, Drug, and Cosmetic Act requires that animal tests be conducted to demonstrate the safety of cosmetics. - ANSWERS false Which of the following does an entrepreneur typically need to be willing to do to start a business? - ANSWERS Select a product or service that will be sustainable. How can a company be nimble? - ANSWERS adapt to change and risk identification
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