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Test Bank For Future of Business Canadian 5th Edition by Althouse

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1. In the PEST model of the business environment, the “S” represents which of the following concepts? a. stability b. standards c. stakeholders d. social ANSWER: d 2. A set of moral standards for judging whether something is right or wrong is referred to as which of the ...

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  • September 26, 2023
  • 427
  • 2022/2023
  • Exam (elaborations)
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  • test bank for future of business canadian
  • test bank for future of business
  • future of business canadian test bank

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,Name Clas Dat
: s: e:

CHAPTER 1 - POLITICAL ENVIRONMENT
1. What are the three levels of government in Canada?
a. federal, provincial, municipal
b. federal, state, city
c. country, province, city
d. country, province, municipality
ANSWER: a

2. Which of the following does the federal government have authority over?
a. defence
b. education
c. health care
d. garbage
ANSWER: a

3. Which of the following does the federal government have authority over?
a. health care
b. education
c. criminal law
d. roads
ANSWER: c

4. Which of the following does the federal government have authority over?
a. roads
b. education
c. health care
d. employment insurance
ANSWER: d

5. Which level of government has authority over copyrights?
a. provincial
b. municipal
c. local
d. federal
ANSWER: d

6. Which level of government has responsibility for fiscal policy?
a. federal
b. municipal
c. civic
d. provincial

Copyright Cengage Learning. Powered by Cognero. Page 1

,Name Clas Dat
: s: e:

CHAPTER 1 - POLITICAL ENVIRONMENT
ANSWER: a

7. Which of the following does the provincial government have authority over?
a. roads
b. education
c. trade regulation
d. employment insurance
ANSWER: b

8. Which jurisdiction has responsibility for natural resources?
a. federal
b. provincial
c. municipal
d. community
ANSWER: b

9. Which level of government sets the minimum wage?
a. municipal
b. federal
c. territorial
d. provincial
ANSWER: d

10. Which of the following does the provincial government have authority over?
a. criminal law
b. health care
c. trade regulation
d. defence
ANSWER: b

11. Which jurisdiction has the responsibility for education?
a. federal
b. provincial
c. municipal
d. community
ANSWER: b

12. Which level of government controls labour laws?
a. federal
b. provincial
c. municipal
Copyright Cengage Learning. Powered by Cognero. Page 2

, Name Clas Dat
: s: e:

CHAPTER 1 - POLITICAL ENVIRONMENT
d. community
ANSWER: b

13. Which of the following does the municipal government have authority over?
a. education
b. water
c. trade regulation
d. health care
ANSWER: b

14. Which of the following does the municipal government have authority over?
a. health care
b. sewers
c. education
d. trade
ANSWER: b

15. Which level of government is responsible for garbage pickup?
a. federal
b. municipal
c. provincial
d. territorial
ANSWER: b

16. Who is responsible for ensuring that public resources have been properly allocated?
a. the government tax department
b. the police
c. the government auditor
d. the government accountants
ANSWER: c

17. Which system ensures that the government is held accountable to you and me?
a. the audit system
b. the tax system
c. the police system
d. the bank system
ANSWER: a

18. The federal government of Canada collects money from all the provinces and then redistributes money from
rich provinces to poorer ones. Alberta is making a lot of money right now due to the increased production in the
Athabasca Tar Sands. Some of the tax money is going from Alberta to Quebec via the federal government.
Copyright Cengage Learning. Powered by Cognero. Page 3

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