Solution Manual for Foundations of Business 7th Edition by William M. Pride 2024
Solution Manual for Foundations of Business 7th Edition by William M. Pride
Solutions and Test Bank For Foundations of Business 7th
Edition By William Pride
Business and Management (University of London)
, lOMoARcPSD|21997160
Name: Class: Date:
NOTE : All Chapters Available via Email Only At: tbdotsm@gmail.com
Indicate whether the statement is true or false.
1. Ethical issues often arise out of business's relationships with investors, customers, employees, creditors,
or competitors.
a. True
b. False
2. The right to service entitles consumers to convenience, courtesy, and responsiveness from manufacturers
and sellers of consumer products.
a. True
b. False
3. In most cases, developing and implementing a program of social responsibility requires four steps.
a. True
b. False
4. The largest percentage of environmental crimes are air-related.
a. True
b. False
5. A businessperson can take some comfort when faced with an ethical dilemma by talking openly about it with
management because ethical decisions will always withstand scrutiny.
a. True
b. False
6. Improved water quality is not only necessary; it is attainable at no cost.
a. True
b. False
7. The economic model of social responsibility emphasizes the effect of business decisions on society.
a. True
b. False
8. The field of business ethics applies moral standards to business situations.
a. True
b. False
9. The right to consumer education entitles people to be fully informed about their rights as consumers.
a. True
b. False
10. The lesser the competition, the greater the choice available to consumers.
a. True
b. False
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, lOMoARcPSD|21997160
NOTE : All Chapters Available via Email Only At: tbdotsm@gmail.com
11. Generally, social responsibility does not cost money.
a. True
b. False
12. The Food and Drug Administration's ability to force businesses making or selling defective products to recall
them is most closely related to consumers' right to choose.
a. True
b. False
13. Consumerism consists of all activities undertaken to protect the rights of consumers.
a. True
b. False
14. An effective program for social responsibility takes time, money, and organization.
a. True
b. False
15. Social responsibility is good business, but it does cost money.
a. True
b. False
16. All companies practice social responsibility in the same manner.
a. True
b. False
17. Incinerating garbage and waste produces ash that is lower in concentration of toxicity than the original garbage.
a. True
b. False
18. There is nothing unethical about accepting payments to do something you would normally do in your job
anyway.
a. True
b. False
19. Fairness and honesty in business are two important ethical concerns.
a. True
b. False
20. False and misleading advertising is illegal and unethical.
a. True
b. False
21. Oil spills can have long-lasting effects on wildlife and natural resources.
a. True
b. False
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