Question 1

The authors discuss the rights movement as a contributing factor in the climate that is critical of business.What are
"rights?"

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Question 2

If "rights" are the entitlement to certain life chances and freedom from certain limitations that are accorded to persons simply because they have been born and are alive,what else does the existence of rights imply?

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Question 3

The most important stakeholders of a business are typically its

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Question 4

Explain the role that television plays in creating a climate critical of business.

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Question 5

The authors of the textbook say that,at a general level,they will be discussing the role of business in society.What do they mean by "the role of business in society?"

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Question 6

The examination of business and its relationship to society typically focuses on

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Question 7

The textbook says that when power gets out of balance,other forces are brought to bear so that balance is restored.
Name some of the other forces that are used to balance business power.Describe how effective each of those other forces is in combating business power.

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Question 8

Using the managerial approach discussed in the textbook,discuss the topic of ecological damage and sustainability as they relate to business.

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Question 9

The authors state,"the philosophy of victimization is intimately related to and sometimes inseparable from the rights movement and the entitlement mentality." Explain how these three concepts are related.

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Question 10

The key elements of a pluralistic society are decentralization and diversity of power.Using what you know about
American society,do you consider it to be a pluralistic society? Why or why not?

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Question 11

What is the difference between internal and external stakeholders?

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Question 12

Explain the rationale that is the foundation of The Iron Law of Responsibility.

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Question 13

Describe what the authors mean by the managerial approach taken in the textbook.

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Question 14

When a business affects the life of a member of the surrounding community without meaning to,the company has wielded

Accepted Answer

Unintentional power refers to the impact a company may have on a community without intending to. This can include pollution or noise from the company's operations affecting the quality of life for community members.

Question 15

Choose a particular corporation and describe the power it wields in different spheres.

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Question 16

Sustainability,at a simple level,is about business's:

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Sustainability is not just about preserving the environment, but also about ensuring the long-term success and viability of a business. It involves balancing economic, social, and environmental factors to achieve a sustainable future. Option B is too narrow, option C is only one aspect of sustainability, and option D is not a desirable outcome of sustainability efforts.

Question 17

Explain what is meant by spheres of power.

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Quiz 1: The Business and Society Relationship

The authors discuss the rights movement as a contributing factor in the climate that is critical of business.What are "rights?"