With specialization in a market economy, individual

A) firms produce a wide range of products.
B) producers consume little or none of the products they produce.
C) producers consume most of the output that they produce.
D) consumers have to produce most of what they consume.

Refer to Scenario 13.1. Assume that the Beer Pitt might be better off using positive discipline given that the company has allowed employees to behave this way for decades. Which of the following is NOT a focus of this approach?

A) employees take total responsibility for resolving the problems
B) nothing is imposed by management
C) all solutions and affirmations are made by management
D) nonpunitive discipline replaces threats and punishment with encouragement

The ___ view of CSR approaches business decisions with the understanding that economic and social progress are interconnected.

A) shared value
B) classical
C) post-modern
D) socio-economic
E) ethnocentric

Executive agencies tend to focus on ________ regulation,whereas independent agencies are more often focused on ________ regulation.

A) social; economic
B) political; safety
C) social; political
D) safety; social
E) economic; safety

Cohesiveness is an agreement-at-any-cost mentality that results in ineffective team decision making and poor decisions.

Samantha purchased a used computer system from Office Rental,Inc.who was updating its computers.Later,Big Bank asserted the right to repossess the used computer system from Samantha since it had a lien on all of Office Rental's business equipment to secure an unpaid loan.Samantha was unaware of this lien.What are Samantha's legal rights?

A) She can sue Office Rental for breach of warranty of title.
B) She can claim that she was unaware of Office Rental's debt,and hence,Big Bank cannot assert its lien.
C) She can continue to possess the computer system,since she paid Office Rental for it.
D) She can claim a refund from Office Rental,but cannot bring a lawsuit against Office Rental or Big Bank.