BUS 309 BUS309 BUSINESS ETHICS WEEK 5 MIDTERM ANSWERS (STRAYER) 2020

BUS 309 BUS309 BUSINESS ETHICS WEEK 5 MIDTERM
ANSWERS (STRAYER) 2020
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bus309-business-ethics-week-5-midtermanswers-strayer-2020/
1. For employees who are paid handsomely for their efforts, Marx said their work would ultimately prove to be
2. Which statement accurately describes capitalism?
3. According to one survey of cultural values
4. Evidence for the idea that American manufacturing is declining is
5. Rather than strong work ethic, a common attitude is:
6. The Fugger dynasty was an example of
7. Though many jobs are outsourced, most economists believe
8. Which of the following historical stages of capitalism came first?
9. Marxism states
10. Which of the following accurately reflects the concept of Marxism?
11. A basic premise of Adam Smith's invisible hand argument is
12. The profit motive
13. The concept of the "invisible hand" means
14. Which of the following is an accurate statement?
15. One of the key features of capitalism is
16. Adam Smith proposed that in our pursuit of economic interests we are led by
17. Those with a broader view concerning business obligations believe that with power comes
18. In Citizens United v. Federal Elections Commission, the U.S. Supreme Court
19. The best statement concerning corporations is
20. The first corporations
21. Corporations differ from partnerships and other forms of business association in two ways. One of these is that
22. Externalities are
23. Milton Friedman argues that
24. Milton Friedman’s perspective is that the only social responsibility of a business is to
25. Which of the following is one of the three arguments in favor of narrow corporate social responsibility discussed
in Chapter 5?
26. A common point of contention about corporations is
27. Melvin Anshen suggests that there is a relationship between business and society which he termed as
28. Momentum for the corporate organization of business really gained momentum after which war?
29. Milton Snoeyenbos argues that
30. Which of the following contributed to the more relaxed incorporation procedures of modern times?