Business performing socially responsible activities

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1. According to Milton Friedman a major argument against business performing socially responsible activities is that:

A. business has too much influence on society as it is without increasing its role

B. it is a conflict of interest for a manager

C. the social costs related to each activity, product, or service should be passed on to the consumer

D. it produces monopolies

E. it rarely detracts from profitability

2. Corporate social responsibility is the manager's obligation to:

A. consider only the interests of stockholders and other investors

B. take action that protects and improves both the welfare of society and the interests of the organization

C. comply with all existing legislation

D. make a profit and comply with all existing legislation

E. make a profit

3. An organization that interacts with its environment is a/an:

A. human relations system

B. open system

C. whole system

D. interactive management system

E. closed system

4. Formal Groups ______________

a) Meet at a regular time and place

b) are defined by an organization's structure

c) include people who share a common interest

d) include people who eat lunch together each day

5. What are the names of the two major parties in the United States today?

a. Democrat and Independent

b. Republican and Independent

c. Democrat and Republican

6. What is one role of political parties in the United States today?

a. Promoting public financing of elections

b. Increasing voter turnout

c. Shaping public policy

7. Many people believe that political parties are essential to democracy because they:

a. Decide who is eligible to vote

b. Present the public's views to government

c. Enhance the role of the media

8. What is one criticism of political parties?

a. They organize the public's concerns in their platforms.

b. They discourage political participation.

c. They do not prioritize the interests of those who do not bring money, numbers, or resources.

9. As of 2014, young people are most likely to identify which political group?

a. Republican

b. Democrat

c. Independent

Reference no: EM132270689

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