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Intro to Business Week 2 Flashcards | StudBud
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Intro to Business Week 2
Intro to Business Week 2
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1
_____ is the set of moral standards for judging whether something is right or wrong.
Social responsibility
The marketing concept
Consumerism
Ethics
2
_____ is the set of moral standards for judging whether something is right or wrong.
Ethics
Consumerism
The marketing concept
Social responsibility
3
Have you read Ch 1 and Ch 2 sufficiently?
I skimmed but not enough to know the answers
NO, I did not read
Yes, I read and did the homework before class
Was I supposed to read something?!
4
Which of the following is an example of a business?
all of the above
Jack & Jill, a specialty clothing store for young children
Wal-Mart
Lawson & Tyler law offices
Ford Motor Company
5
_____ is a philosophy that focuses on the consequences of an action to determine whether it is right or wrong.
C. Social responsibility
D. Utilitarianism
B. Preconventional morality
A. Distributive justice
6
_____ are all the individuals or groups to whom a business has a responsibility.
B. Consumers
A. Stockholders
C. Lobbying bodies
D. Stakeholders
7
Professor Novsky's favorite motto is:
Your network is your net worth
Early bird gets the worm
Grass is always greener on the other side
College is essential for success
8
Professor Novsky's Mother came from
Russia
Poland
United States
Soviet Union
9
Which of the following is an example of an unethical business activity?
All of the above
E. All of the above are examples of unethical business activities.
A. Using company computer to check his results in a network auction.
C. Telling a few jokes that demeaned Polish people.
D. Salesperson allowed the customer to believe in use of product eroneously
B. Reporting his supervisor for taking several illegal tax deductions
10
Which of the following is the BEST example of a not-for-profit business?
FedEx delivery service
FedEx delivery service
Kellogg's
McDonald's
the American Cancer Society
Hightower Construction Company
11
Strategic giving:
A. is less popular today that it was in the 1960s
C. is a subset of social investing.
B. tying philanthropy closely to the corporation’s mission or goals
D. companies to act with more economic responsibility
12
What is your Color today?
Red (Really Challenged)
Green (Ready to Learn!)
Yellow (OK but got things on my mind)
Other
13
_____ are all the individuals or groups to whom a business has a responsibility.
C. Lobbying bodies
B. Consumers
A. Stockholders
D. Stakeholders
14
The mission of this class is to
All of the above
Help you build your own network
Expose you to external resources to help you no matter what lies ahead
All of the above
Familiarize you with essential business vocabulary and concepts
Expose you to critical challenges in business
15
Which of the following businesses provides its customers with a service?
wheat farmer
mattress manufacturer
a pecan grower
law office
used book store