Introduction to Business Exam Review
Course Introduction
Introduction to Business provides an overview of the fundamental concepts, principles, and functions of the business world. Students will explore key areas such as management, marketing, finance, operations, and entrepreneurship while gaining an understanding of the roles businesses play in society and the overall economy. The course also examines current trends and ethical considerations within business, encouraging students to critically assess how these concepts apply to real-world scenarios and laying the groundwork for further study in business disciplines.
Recommended Textbook
Law and Ethics in the Business Environment 9th Edition by Terry Halbert
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10 Chapters
169 Verified Questions
169 Flashcards
Source URL: https://quizplus.com/study-set/2420
2
Chapter 1: Law, Ethics, Business: An Introduction
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22 Verified Questions
22 Flashcards
Source URL: https://quizplus.com/quiz/48085
Sample Questions
Q1) Explain the potential negative effects of allowing corporations to contribute unlimited amounts of money to support political causes.
Answer: There are several potential negative effects. There immense resources could allow them to have outsized influence in political matters,and could lead to corruption in the political system. The perception that corporations dominate the political process could also lead people to become disillusioned with the process.Additionally,corporations can be foreign controlled,which raises concerns that elections could be unduly influenced by foreign influences that do not have the best interests of the United States in mind.
Q2) Choose the statement regarding duty to rescue that is false:
A)There is no general duty to rescue an individual.
B)Individual freedom dictates that a person should not be forced to act.
C)Under a liberal-communitarian approach, citizens owe a duty to the state to rescue other citizens.
D)When one taunts another person who then puts themselves in danger in response to the teasing, the teaser has a duty to rescue the person teased.
Answer: D
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Page 3
Chapter 2: The New Economy: Revisioning Work
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16 Verified Questions
16 Flashcards
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Sample Questions
Q1) Which of the following statements reflects one of the challenges of evaluating whether workers in the "on-demand economy" should be viewed as employees or independent contractors?
A)Their earnings vary greatly.
B)Technology makes their work more efficient.
C)Workers sometimes compete with each other for opportunities.
D)They often have flexibility in their work, but are also highly dependent on a single company for their earnings.
Answer: D
Q2) A start-up company may prefer to rely on independent contractors instead of employees because it is more expensive to hire and train employees.
A)True
B)False
Answer: True
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Chapter 3: Whistleblowing: Conflicting Loyalties
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15 Verified Questions
15 Flashcards
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Sample Questions
Q1) The federal False Claims Act can be beneficial for both the government and whistleblowers because both can benefit financially from successful qui tam lawsuits.
A)True
B)False
Answer: True
Q2) Explain why a company would want to develop an effective internal whistleblowing system.
Answer: Companies should develop effective internal whistleblowing systems because it allows companies to address problems internally and quickly. This can help them avoid public embarrassment,potential lawsuits,and government penalties. It also can create employee loyalty if they feel their concerns are being heard and addressed.
Q3) What legal standard is used to evaluate whether a state law that restricts content-based speech violates the right to free speech?
A)The law must be narrowly tailored to promote a compelling government interest.
B)The law must have a rational relationship to a government interest.
C)No law passed by a state can restrict content-based speech.
D)The law must have a sound policy justification.
Answer: A
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Chapter 4: Privacy: Technology, Surveillance and Freedom
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17 Verified Questions
17 Flashcards
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Sample Questions
Q1) Employers are not in violation of the Electronic Communications Privacy Act when they monitor their employees' emails,as long as the clearly inform their employees that monitoring may occur.
A)True
B)False
Q2) Briefly describe what Alan Westin believes are the "functions of privacy."
Q3) The Fourth Amendment protects persons and corporation from unwarranted and unreasonable searches.
A)True
B)False
Q4) Discuss the employee claims that counter businesses' justifications of electronic surveillance.
Q5) Frank was engaged in a dispute with his employer over a workers' compensation claim.The employer searched the internet for information about him and found a blog that he had published that detailed all of his hiking adventures,including some that occurred during a period of time when he was claiming he was unable to work due to injury. Identify the test that most courts would use in determining whether or not Frank's employer's actions were an invasion of privacy and indicate whether they were.
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Chapter 5: Diversity: Equity and Justice for All
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18 Verified Questions
18 Flashcards
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Sample Questions
Q1) The Equal Employment Opportunity Commission (EEOC)favors English-only rules because they decrease the ability for people to stereotype based on national origin or ethnicity and thus decrease illegal workplace discrimination.
A)True
B)False
Q2) All of the following are true statements regarding the Family and Medical Leave Act,EXCEPT which of the following?
A)An eligible employee is entitled to take 12 weeks of unpaid leave in any 12-month period.
B)Every personal or family emergency qualifies for FMLA leave.
C)Under most circumstances, the employer must reinstate employees when they return from leave.
D)An eligible employee is entitled to take unpaid leave because of the birth of a son or daughter.
Q3) What must a plaintiff show to make a prima facie case of hostile work environment sexual harassment?
Q4) Explain the heightened scrutiny standard (also known as intermediate scrutiny)and identify when it applies.
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Chapter 6: Health and Safety: Workers Rights As Human Rights
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16 Verified Questions
16 Flashcards
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Sample Questions
Q1) Explain what the Workers Rights Consortium is and what it has done to combat sweatshops.
Q2) Which of the following arguments offered by the employees of Walmart's international suppliers was successful when they claimed Walmart owed them a duty to enforce its suppliers' promise to pay them minimum and prevailing wages?
A)The employees were third-party beneficiaries of the contracts between Walmart and its suppliers.
B)The employees were de facto employees of Walmart.
C)Walmart owed the employees a common law duty to inspect their working conditions.
D)The employees failed to offer a successful argument.
Q3) With the adoption of the ____________,the U.S.began to address the need to prevent,or minimize,workplace accidents and health hazards.
A)Securities Act
B)Occupational Safety and Health Act
C)Environmental Protection Agency
D)National Insurance Act
Q4) Explain how the worker's compensation system functions in the U.S.
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Chapter 7: Environmental Sustainability: Law and Fairness
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16 Verified Questions
16 Flashcards
Source URL: https://quizplus.com/quiz/48091
Sample Questions
Q1) Which of the following is a negative effect of a "cap and trade" system?
A)It will not have an effect on production of pollution.
B)Areas with higher concentrations of older plants will still experience a lot of pollution, as many of the permits will be bought by those plants.
C)It costs the government money to run the system.
D)Companies feel it is too punitive and do not want to participate in it.
Q2) Explain how the tradeable permit plan works.
Q3) Why were the villagers from Kivalina considered the first American climate change refugees? Why were they unsuccessful in their attempts to hold large energy companies accountable for their role in climate change?
Q4) Which federal law set up a "Superfund" to help finance the cleanup of toxic waste sites when the polluters would not or could not pay?
A)Resource Conservation and Recovery Act
B)Clean Water Act
C)Comprehensive Environmental Response, Compensation, and Liability Act
D)The Kyoto Protocol
Q5) Explain the concepts of environmental justice and food justice and how the two can be integrated via Food Policy Councils.
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Chapter 8: Marketing: Technology,Choice, Manipulation
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17 Verified Questions
17 Flashcards
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Sample Questions
Q1) The Supreme Court has always viewed commercial speech and subject to First Amendment protections.
A)True
B)False
Q2) Discuss the standards of the Creative Code of the American Associate of Advertising Agencies.
Q3) According to the Learned Intermediary Rule,pharmaceutical manufacturers do not have to warn consumers about drug dangers as long as they have adequately warned physicians.
A)True
B)False
Q4) The Federal Trade Commission can successfully prove that a company's advertising violates the FTC Act if it can show the advertising gives the net impression that a misleading claim is being made that is material to consumers.
A)True
B)False
Q5) Describe the FDA's role in combating misleading food advertisements. How does its efforts compliment the efforts of the industry to regulate itself using the Lanham Act?
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Chapter 9: Product Liability: Allocating Risk Responsibility
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15 Verified Questions
15 Flashcards
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Sample Questions
Q1) The Food and Drug Administration,the Consumer Product Safety Commission,and the National Highway Transportation Safety Association are:
A)Law enforcement agencies that target corporate malfeasance.
B)Trade associations that promote safer products
C)Judicially created organizations to implement Supreme Court mandates related to product safety.
D)Government agencies that are tasked with ensuring product safety.
Q2) To win a suit for negligence,a plaintiff must establish:
I.The defendant breached its duty of care,creating an unreasonable risk of harm
II.The defendant acted with total disregard to the harm that could result
III.the defendant's behavior was the proximate cause of the plaintiff's injuries
A)I and II only
B)II only
C)I and III only
D)I, II and III only
Q3) Under the Restatement of Torts (Second),Section 402a,a product manufacturer must be negligent in order to be liable for a defective product.
A)True
B)False
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Page 11
Chapter 10: Intellectual Property: Ownership, Creativity, and Innovation
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17 Verified Questions
17 Flashcards
Source URL: https://quizplus.com/quiz/48094
Sample Questions
Q1) Once the copyright on a work has expired:
A)The owner can renew it for a new term
B)The work is in the public domain
C)The work becomes the property of the government
D)The work is considered no longer creative
Q2) Trade secrets are registered just like trademarks.
A)True
B)False
Q3) Discuss whether a company may obtain a competitor's trade secrets.
Q4) Why was the Digital Millennium Copyright Act passed?
Q5) What must a plaintiff prove to establish copyright infringement?
Q6) Frank Dennison is a well-known professional basketball player. One day while watching television he sees an advertisement for a car dealership that features a cartoon character who resembles Frank and is wearing a basketball uniform that is the same color as his team's uniform. Additionally,another character in the ad refers to the character as "Frankie D." If you were an attorney representing Frank Dennison in a lawsuit against the company that made this advertisement,how would you argue that the advertisements violates your client's right to publicity.
Page 12
Q7) Discuss how intellectual property is different from other kinds of property.
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