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Bus 202 Final Detailed Questions And Expert Answers $14.99   Add to cart

Exam (elaborations)

Bus 202 Final Detailed Questions And Expert Answers

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  • Course
  • BUSINESS 202
  • Institution
  • BUSINESS 202

Bus 202 Final Detailed Questions And Expert Answers

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  • August 26, 2024
  • 10
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • BUSINESS 202
  • BUSINESS 202
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Bus 202 Final Detailed Questions And Expert
Answers

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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