PHI 445 Week 2 Quiz NEW 2016 buy here
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PHI 445
Week 2 Quiz NEW 2016
1. According to Karl Marx, history is the record of 2. Which of the following statements is a criticism of capitalism? 3. In 2007, a defense contractor was found guilty for working with a coconspirator to submit bids with increased prices for a bulletproof vest contract so that a particular company would win the contract at a lower price. This is an example of 4. In 2001, the government said it would sue to stop the 4.3 billion dollar merger of American Airlines and U.S. Airways that would create the world’s largest airline. The government was concerned that the merger would create a(an) ____________ . 5. One justification for government regulation of commerce is to 6. A few years ago, the Bolivian government leased water rights in some of the country’s poor, drought-stricken regions to private companies, including the U.S. engineering company Bechtel. Shortly after Bechtel took control in one area, water prices tripled, sparking protests. The privatization of water is an example of 7. In 2010, the group United Students Against Sweatshops campaigned against the Fruit of the Loom Company because the company had closed a Honduras plant because it unionized. The result was 1,200 lost jobs. The student campaign cost the company $50 million in lost contracts with U.S. and British colleges. The company eventually reopened the factory and paid $2.5 million in compensation to the workers. This is an example of consumer 8. One feature of a corporation is that it can continue indefinitely beyond the lives of individual managers and stockholders of the corporation. This is called 9. You are a shareholder in a corporation that filed bankruptcy. The liabilities will be more than the assets. What you will be required to pay will be based on 10. Which of the following statements is true about strategic misrepresentation? 11. The Triple Bottom Line approach measures the success of sustainable businesses in terms of 12. The idea that corporations can be moral agents holds that