SO245 Lesson 2 Exam

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Which legal principle asserts that shareholders should be first in line to benefit from company profits?

  d) Fiduciary responsibility

Which of Jung’s psychic functions corresponds to the concept of goal setting?

  c) Thinking

For Parsons, which social requisite is associated with a society’s economic system?

  c) Adaptation

According to Egbert Schuurman, which statement is true regarding economic transactions prior to the Industrial Revolution?

  d) Economic transactions were an important aspect of social relations.

With respect to establishing a just and virtuous social order, how does Braid Reid characterize the role of the legal system in the world of business?

  c) It’s ineffective, as it’s the default position when trust is absent.

According to Armstrong, _______ refers to the capacity to form bonds with particular aspects of our surroundings.

  b) heart

In general, we acquire our moral compass from the process of _______, by which we’re inducted into a particular culture’s worldview.

  a) socialization

The term _______ applies when corporations refuse to take responsibility for ecological and social damage, such as water pollution, caused by their operations.

  a) externalities

Hopi children learn that Spider Woman spun the world and all of its creatures. According to Parsons, such myths help society to _______ the peoples’ worldview.

  b) legitimize

Socially accepted codes of behavior are called

  c) ethics.

In tribal societies, the nuclear family is embedded in a(n)

  a) communal group.

In a famous experiment, a dog drools at a sound that is made just before meals. This is considered a(n) _______ response.

  d) conditioned

According to Schuurman, modern technology is

  a) beginning to penetrate and direct modern culture.

All of the following are considered corporate stakeholders, except

  a) competitors.

Which statement is true regarding the Bhopal disaster?

  c) Workers made numerous complaints to management before the disaster.

Enron executives used _______ to falsify financial statements.

  c) creative accounting

To attract investors and increase profits, corporations do all of the following, except

  d) reduce executive compensation.

Which of these is a characteristic of an objective mode culture?

  a) Knowledge is acquired through abstract concepts.

Parsons’s concept of integration corresponds to Carl Jung’s psychic function of

  a) feeling.

For the first sixteen years of Ben & Jerry’s operations, the ratio between the lowest paid employee to the highest paid top executive was 1 to

  d) 5.

Why was it a problem for Nestle to market artificial formula to impoverished women in developing countries?

  d) All of the above

In a relational mode culture, _______ establish a culture’s life ways.

  d) feeling and intuition

According to Brad Reid, one’s moral compass expresses _______ virtues that generally trump a code of ethics.

  b) traditional

Why was the queen of Hawaii deposed?

  c) She sought to raise tariffs on import products.

Which statement is true regarding the Ford Pinto situation?

  c) The decision to produce the Pinto was based on a cost-benefit analysis.

Which statement best describes the Triangle Shirtwaist Factory disaster?

  b) Most of the victims were indigent women.

Who did most of the hunting in hunter-gatherer societies?

  b) Males

Which psychologist claimed classical conditioned played the central role in explaining human behavior?

  d) Ivan Pavlov

According to your reading, in tribal societies, the nuclear family is imbedded in a/an:

  communal group.

Regarding the case of the Ford Pinto, which statement is TRUE?

  The decision to go ahead with Pinto production was based on a
cost/benefit analysis.

Among the principles of corporate responsibility, stakeholders include all of the following EXCEPT:

  competitors.

Under an agreed-on contract, for the first 16 years of Ben and Jerry’s operations, the ratio between the lowest paid employee to the highest paid top executive was:

  1 to 5.

Regarding the Triangle Shirtwaist disaster, which statement is TRUE?

  Most of the employees were indigent women.

The term __________ applies when corporations refuse to take responsibility for ecological and social damage, such as water pollution, caused by industrial operations.

  “externalities”

In general, we acquire our moral compass from the process of __________ by which we are inducted into a particular culture’s worldview.

  socialization

According to Armstrong, a capacity to form bonds with particular aspects of our surroundings is the meaning of the word:

  heart.

In which of these Asian countries has gendercide been rejected in favor of gender equality?

  South Korea

The main things corporations generally do to attract investors and increase profits includes all the following EXCEPT:

  reducing expenses by reducing the salaries of top executives.

From Brad Reid’s perspective, with respect to establishing a just and virtuous social order, how does he characterize the role of the legal system in the world of business?

  It is ineffective since it is the default position when trust is absent.

According to Schuurman, modern technology:

  is beginning to penetrate and direct modern culture.

Selling artificial formula to impoverished women was a problem because:

  All of the above

In China and northern India, the sex ratio, the ratio of male to female infants, is remarkably unbalanced. For every 100 female births there are __________ male births.

  120

Which of the following is a characteristic of an objective mode culture?

  Knowledge is acquired through abstract concepts.

Regarding the views of behaviorist John Watson, which statement is MOST accurate?

  All human behavior amounts to differentiating pleasure and pain.

Which statement best describes the views of behaviorist John Watson?

  d) All human behavior amounts to patterns of stimulus and response.

In a modern society’s decision making, which of the following institutions comes closest to playing the role formerly filled by a council of tribal elders?

  b) State governments

Which of the following sentences expresses a lesson we might learn from Egbert Schuurman about economic transactions prior to the Industrial Revolution?

  Economic transactions were an aspect of social relations.

Which of Carl Jung’s psychic functions correspond to Parsons’ concept of goal setting?

  Thinking

In a famous classical conditioning experiment, a dog will salivate when he or she learns to associate the sounding of a tuning fork with the prospect of being fed. At this point the sounding of a tuning fork has become a conditioned stimulus and salivation has become a/an:

  conditioned response.

In 1893, the Queen of Hawaii was deposed. According to your textbook, what was the primary reason for this event?

  The queen wanted to impose tariffs on imports.

In a relational mode culture, __________ establish a culture’s life ways.

  feeling and intuition

In hunter-gatherer societies, most of the hunting was done by:

  children with their fathers.

In respect to the Enron Scandal, “creative accounting”–aimed at hiding liabilities and falsifying financial statements–was managed in large part by all of the following EXCEPT:

  The Ken Lay Charitable Foundation.

According to Brad Reid, our moral compass will express __________ virtues that will generally trump codes of ethics.

  traditional

Hopi children learn that Spider Woman spun the world and all the world’s creatures. According to Parsons’ learning such myths helps a society __________ the peoples’ worldview.

  legitimate



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