test bank Essay - 1790 Words

Chapter 2—Social Responsibility MULTIPLE CHOICE 1. Stakeholders power over businesses stems from their a. ability to withdraw or withhold resources. b. ability to generate profits. c. media impact. d. political influence. e. stock ownership. ANS: A PTS: 1 2. Those who have a claim in some aspect of a firms products, operations, markets, industry, and outcomes are known as a. shareholders. b. stockholders. c. stakeholders. d. claimholders. e. special-interest groups. ANS: C PTS: 1 3. Which of the following do not typically engage in transactions with a company and thus are not essential for its survival? a. Employees b. Secondary stakeholders c. Primary stakeholders d. Investors e.†¦show more content†¦ANS: A PTS: 1 15. Public health and safety and support of local organizations are issues most relevant to which stakeholder group? a. Investors b. Community c. Suppliers d. Customers e. Employees ANS: B PTS: 1 16. Minimizing the use of energy and reducing emissions and waste are issues of importance to which stakeholder? a. Environmental groups b. Suppliers c. Employees d. Industry leaders e. Investors ANS: A PTS: 1 17. The idea that the mission of business is to produce goods and services at a profit, thus maximizing its contribution to society is associated with a. Adam Smith. b. Theodore Levitt. c. Norman Bowie. d. Herman Miller e. Milton Friedman. ANS: E PTS: 1 18. The originator of the idea of the invisible hand, which is a fundamental concept in free market capitalism, was a. Adam Smith. b. Theodore Levitt. c. Norman Bowie. d. Herman Miller e. Milton Friedman. ANS: A PTS: 1 19. Some economists believe that if companies address economic and legal issues, they are satisfying the demands of society, and that trying to anticipate and meet additional needs would be almost impossible. Which economist’s theory are they following most closely with this belief? a. Adam Smith. b. Theodore Levitt. c. Norman Bowie. d. Herman Miller e. Milton Friedman. ANS: E PTS: 1 20. _____ argued that, although profits are required for business, profit is not the primaryShow MoreRelatedSmall Bank Community Development Test2121 Words   |  9 PagesAn intermediate small bank is also examined based on the small bank community development test. The community development test does not apply to a small bank that is not an intermediate small bank. The community development test is a four prong test including the following: †¢ The number and amount of community development loans; †¢ The number and amount of qualified investments; †¢ The extent to which the bank provides community development services; and †¢ The bank’s responsiveness through such activitiesRead MoreFinancial Markets and Institutions 5th Edition Test Bank by Saunders1057 Words   |  5 PagesFinancial Markets and Institutions 5th edition Test Bank by Saunders Follow Link Below To Get Tutorial https://homeworklance.com/downloads/financial-markets-and-institutions/ Financial Markets and Institutions 5th edition Test Bank by Saunders Follow Link Below To Get Tutorial https://homeworklance.com/downloads/financial-markets-and-institutions/ Financial Markets and Institutions 5th edition Test Bank by Saunders Follow Link Below To Get Tutorial https://homeworklance.com/downloads/financial-markets-and-institutions/ Read MoreTest Bank2552 Words   |  11 Pagestransfer EXCEPT A) entering into a hold-harmless agreement. B) avoiding dangerous activities. C) hedging risk using futures contracts. D) incorporating a business. Answer: B Question Status: Previous Edition 37) Curt borrowed money from a bank to purchase a fishing boat. He purchased property insurance on the boat. Curt had difficulty making loan payments because he did not catch many fish, and fish prices were low. Curt intentionally sunk the boat, collected from his insurer, and paid offRead Moretest bank16982 Words   |  68 Pagess judgment of a product s performance in relation to his or her expectations. A) satisfaction B) value C) comparison shopping D) loyalty E) expectations 67) ______ 68) If a marketer decides to use warehouses, transportation companies, banks, and insurance companies to facilitate transactions with potential buyers, the marketer is using what is called a ________. A) distribution channel B) brand channel C) relationship channel D) service channel E) intermediary channel 68) ______ Read MoreTest Bank5355 Words   |  22 Pagesï » ¿Project Management: Achieving Competitive Advantage, 3e (Pinto) Chapter 1 Introduction: Why Project Management? 1.1 True/False Questions 1) Projects, rather than repetitive tasks, are now the basis for most value-added in business. Answer: TRUE Diff: 1 Section: 1.0 Introduction Skill: Factual AACSB Tag: Reflective 2) Projects are typically ongoing, day-to-day activities that have goods and services as outputs. Answer: FALSE Diff: 2 Section: 1.1 What Is a Project? Skill:Read MoreTest Bank3324 Words   |  14 PagesCHAPTER 1 Introduction Practice Questions Problem 1.8. Suppose you own 5,000 shares that are worth $25 each. How can put options be used to provide you with insurance against a decline in the value of your holding over the next four months? You should buy 50 put option contracts (each on 100 shares) with a strike price of $25 and an expiration date in four months. If at the end of four months the stock price proves to be less than $25, you can exercise the options and sell the sharesRead Moretest bank Essay5473 Words   |  22 Pagesstrategic management Capsule 1.5 SWOT SC01.03 In a large US steel firm, the corporate planning process in 1965 could be described as: a- Integration of division strategic plans, iteration between divisions and the headquarters, and contact of banks to explore the best deal for providing capital b- Forecast of demand, determination of targets for each district, determination of need for additional production capacities, decision from top executives, and investment c- Marketing analysis, estimationRead MoreAccounting Test Bank4528 Words   |  19 PagesQuestion 36 Taxable income of a corporation Correct Answer: differs from accounting income due to differences in interperiod allocation and permanent differences between the two methods of income determination. Question 37 Correct Answer: III Question 38 Interperiod income tax allocation causes Correct Answer: tax expense shown on the income statement to equal the amount of income taxes payable for the current year plus or minus the change in the deferred tax asset or liabilityRead MoreBaker Test Bank6049 Words   |  25 Pagesand the fair value of the reporting unit is determined to be 260,000. Required: 1) Explain how goodwill is tested for impairment for a reporting unit. 2) Determine the amount, if any, of impairment loss to be recognized at December 31, 2008. 1) To test for the impairment of goodwill, the fair value of the reporting unit is compared with its carrying amount. If the fair value of the reporting unit exceeds its carrying amount, the goodwill of that reporting unit is considered unimpaired. On the otherRead MoreMarketing Management 14th Edition Test Bank Kotler Test Bank173911 Words   |  696 Pagesprovide a service C) enter new a new market D) develop brand loyalty E) position its product Answer: E Page Ref: 10 Objective: 3 AACSB: Analytic skills Difficulty: Moderate 34) If a marketer uses warehouses, transportation companies, banks, and insurance companies to facilitate transactions with potential buyers, the marketer is using a ________. A) service channel B) distribution channel C) communication channel D) relationship channel E) standardized channel Answer: A Page