Laws are important in societies made up of people with differing desire and values because:
a. disagreements are inevitable and laws is an attempt to settle disputes in a peaceful manner b. disagreements are inevitable and law is a force that constrains people within a society
c. disagreements are inevitable and law provides social rules to govern behavior d. all of the other specific choices
e. none of the other specific choices
d
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Environmental factors that the organization may exploit for a competitive advantage are known as
A. organizational strengths. B. organizational opportunities. C. organizational threats. D. organizational weaknesses. E. competitive strategies.
The combined storage of both data and the procedures that manipulate the data within an object is referred to as _____.
A. compression B. packaging C. encapsulation D. zipping
Which of the following is NOT an accurate description of modern marketing?
A) Marketing is the creation of value for customers. B) Marketing involves managing profitable customer relationships. C) Marketing emphasizes selling and advertising exclusively. D) Marketing involves satisfying customers' needs. E) Marketing is building value-laden exchange relationships with customers.
Answer the following statements true (T) or false (F)
1. According to Milton Friedman, the social justification of a business’s existence is in its benefit to stockholders, creation of jobs, and expansion of the economy. 2. Using in-name-only offshore headquarters to minimize U.S. tax burdens is an example of corporate social responsibility. 3. Ethical responsibility is at the top of Carroll’s corporate social responsibility pyramid. 4. Philanthropy means making charitable donations to benefit humankind.