BU360 Lesson 4 & 5 Exam SCORE 95 PERCENT

Question 1

In a survey of 110 companies in 2014, the most frequent public affairs tactic was related to:

Question options:

	grassroots issues.
	political action committees.
	issues management.
	federal government regulations.
Question 2

Cooperation between business and government often occurs when:

Question options:

	they encounter a common problem or enemy.
	business can afford it.
	business operates at arm's length from the government.
	government has the support of the people.
Question 3

To influence government policymakers' actions, an information strategy involves:

Question options:

	business leaders speaking before government policymakers.
	government policymakers hiring special interest groups for fact-finding projects.
	businesses listening to government policymakers in order to develop a corporate strategy.
	gaining support from other affected organizations.
Question 4

Deregulation is often:

Question options:

	a politically popular idea.
	a politically unpopular idea.
	seen during a democratic federal administration.
	found in European countries but not in the United States.
Question 5

Government's role is to create and enforce laws that:

Question options:

	control businesses' action in society.
	protect businesses' interest in society.
	protect society from business.
	balance the relationship between business and society.
Question 6

Regulation can be argued as justified based on:

Question options:

	collective market theory.
	utilitarian and justice grounds.
	the life cycle of regulation.
	tradition.
Question 7

Governments being asked to regulate driving distractions are examples of public policy:

Question options:

	inputs.
	goals.
	effects.
	tools.
Question 8

In recent annual Harris polls, which entity did Americans believe had the greatest amount of political power?

Question options:

	Small businesses
	Large businesses
	Political action committees
	Lobbyists
Question 9

When managers become personally involved in developing public policy, that firm is at the _______________ organizational level of business political involvement.

Question options:

	limited
	moderate
	aggressive
	holistic
Question 10

Which of these statements accurately describes a Super PAC?

Question options:

	It allows limited contributions from unions.
	It allows limited contributions from individuals.
	It is also called the dependent expenditure-only committee.
	It does not allow direct contributions to candidates or political parties.
Question 11

An example of a regulatory agency charged with enforcing social regulation is the:

Question options:

	Federal Aviation Administration.
	Federal Trade Commission.
	Federal Communications Commission.
	Internal Revenue Service.
Question 12

Economists reported that the costs of regulatory compliance were highest for:

Question options:

	vehicle safety.
	antitrust issues.
	consumer protection.
	workers safety.
Question 13

In 2011, the Global Electoral Organization (GEO) discussed which of these critical election administration issues?

Question options:

	How to disengage electoral stakeholders
	The role of the media in elections
	How to increase election disputes
	How to hide dark money contributors
Question 14

Which of the following is NOT a constituency-building strategy tool?

Question options:

	Expert witness territory
	Advocacy advertising
	Public relations
	Legal challenges
Question 15

Under U.S. law, lobbyists must disclose their:

Question options:

	political affiliation and expenses.
	earnings.
	expenses.
	earnings and expenses.
Question 16

Which of the following represents a structural remedy for an antitrust violation?

Question options:

	<p>Paying a large fine</p>
	<p>Breaking up a monopoly</p>
	<p>Disclosure of company information to rivals</p>
	<p>Agreeing to change a firm's conduct</p>
Question 17

Antitrust laws protect consumers from:

Question options:

	anticompetitive practices by business.
	selling products above cost to drive away rivals.
	conspiring with business partners to increase competition.
	firms using market dominance to expand commerce.
Question 18

Total social regulation costs are:

Question options:

	slightly lower than total economic regulation costs.
	slightly higher than total economic regulation costs.
	significantly higher than total economic regulation costs.
	equal to total economic regulation costs.
Question 19

Expert witness testimony is often acquired:

Question options:

	<p>through company newsletters.</p>
	<p>on the steps of the White House.</p>
	<p>in Congressional hearings.</p>
	<p>from the <em>Wall Street Journal.</em></p>
Question 20

Governments hold the power to:

Question options:

	grant permission to only specific business activity.
	grant or refuse permission for many types of business activity.
	refuse permission to only government funded activity.
	grant or refuse permission based on a firm's economic efficiency.
Question 21

The Sustainability Consortium organized to advance life-cycle analysis for thousands of products includes all of the following EXCEPT:

Question options:

	Walmart.
	SAP.
	Alcoa.
	Google.
Question 22

The process of firms buying and selling the right to pollute is an example of which type of environmental regulation?

Question options:

	Market-based
	Command
	Emissions charges
	Control
Question 23

The beverage industry's partnership "Refrigerants Naturally!" is attempting to:

Question options:

	reduce water usage.
	increase the amount of arable land in use.
	reduce the use of ozone-depleting chemicals.
	increase the consumption of natural beverages.
Question 24

In coming years, the most successful global businesses will be those that:

Question options:

	develop short-term partnerships between companies in developing countries to transfer environmental technologies.
	recognize the imperative for sustainable development as an opportunity both for competitive advantage and ethical action.
	avoid fully accounting for environmental costs in calculating measures of production such as the gross domestic product (GDP).
	produce products with a limited useful life.
Question 25

A thin layer of gas that protects Earth's surface from excessive ultraviolet solar radiation is composed of:

Question options:

	ozone.
	carbon dioxide.
	methane.
	oxygen.
Question 26

In the U.S., most solid waste:

Question options:

	is recycled.
	is composted.
	is incinerated.
	ends up in landfills.
Question 27

Which of the following is NOT true regarding environmental standards?

Question options:

	Regulatory agencies can establish standard allowable levels of pollutants.
	The government has the power to command business firms to comply with certain standards.
	The government rarely interferes in a business's choice of pollution technology.
	They are the most widely used methods of regulation.
Question 28

A shared resource, such as land, air, or water, that a group of people use collectively is a/an:

Question options:

	economic village.
	collective resource.
	global unification.
	commons.
Question 29

Which stage of corporate environmental responsibility focuses on the full life cycle of a product?

Question options:

	Pollution prevention stage
	Clean technology stage
	Product stewardship stage
	Green management stage
Question 30

Companies that reduce pollution and hazardous waste, reuse or recycle materials, and operate with greater energy efficiency achieve a competitive advantage due to:

Question options:

	technological innovation.
	product differentiation.
	green marketing.
	cost savings.
Question 31

When businesses form voluntary, collaborative partnerships with environmental organizations and regulators to achieve specific objectives, we are witnessing:

Question options:

	inter-organizational alliances.
	environmental partnerships.
	cross-functional teams.
	command and control teams.
Question 32

Respecting Earth's rain forests, all the following are true, EXCEPT they:

Question options:

	are the planet's richest areas in terms of biological diversity.
	will be severely depleted within the next eight years.
	account for about seven percent of our planet's surface.
	account for somewhere between 40 to 75 percent of Earth's species.
Question 33

Sustainable development:

Question options:

	meets the needs of the present while compromising the ability of future generations to meet their own needs.
	gives precedence to environmental over economic considerations.
	balances economic and environmental considerations.
	gives precedence to present needs over future needs.
Question 34

Life-cycle analysis involves:

Question options:

	accurately recording the production costs at each stage of a product's life cycle.
	collecting information regarding the lifelong environmental impact of a product, from extraction to disposal.
	reducing recycling costs for disposable products.
	increasing productivity while improving the environment.
Question 35

The commitments of the Convention on Biological Diversity include:

Question options:

	developing national conservation strategies.
	eliminating CFC production.
	population control education.
	massive irrigation projects in developing countries.
Question 36

Being able to continue their activities indefinitely, without altering the carrying capacity of Earth's ecosystem, is a characteristic of:

Question options:

	ecologically sustainable organizations.
	concerned citizens.
	codes of environmental conduct.
	environmental regulations.
Question 37

Natural capital refers to the worldwide:

Question options:

	<p>supply of resources, such as soil, air, water, and all living things.</p>
	<p>combined stock ownership.</p>
	<p>combined capital investments.</p>
	<p>supply of sustainable developers.</p>
Question 38

By promoting the use of clean cook stoves in developing nations, a global alliance hopes to reduce:

Question options:

	deforestation.
	the burning of fossil fuels.
	black carbon emissions.
	methane emissions.
Question 39

__________ refers to the amount of land and water a human population needs to produce the resources it consumes while absorbing its wastes given prevailing technology.

Question options:

	Ecological footprint
	Technological innovation
	Sustainable development
	Consumption impact
Question 40

Rapid economic development is often accompanied by:

Question options:

	increasing population growth.
	greatly reduced crop yields.
	rising incomes, bringing higher rates of both consumption and waste.
	decreasing incomes, bringing higher rates of both consumption and waste.