What type of stance has ibp adopted to social responsibility

Assignment Help Corporate Finance
Reference no: EM131139801

Q1. Why are lenders most willing to loan to corporations?
a. Continuity and legal status are assured.
b. Links with owners and founders are established.
c. Professional management teams can be changed.
d. Commitment to expansion is readily available.
e. Brand and marketing strategies can be diversified.

Q2. Suppose BrightLights Online Video purchases another company, QuikFlix. What is this an example of?
a. merger
b. spin-off
c. divestiture
d. acquisition
e. collapse

Q3. What does a start-up company need in order to estimate the required size of a plant, store, or office, to decide how much inventory to carry, and to determine how many employees to hire?
a. sales forecast
b. tax estimate
c. business objective
d. stock options
e. funding source

Q4. What type of company has stock that is widely held and available for sale to the general public?
a. private corporation
b. public corporation
c. general partnership
d. limited liability corporation
e. professional corporation

Q5. An S corporation has stock that is widely held and available for sale to the general public.
a. True
b. False

Q6. Franchisees may be obligated to contribute a percentage of sales to parent corporations.
a. True
b. False

Q7. What do both sole proprietorships and partnerships lack?
a. trust
b. legal standing
c. continuity
d. shared vision
e. adaptable processes

Q8. Which of the following is a partner who actively manages a firm and has unlimited liability for its debts?
a. limited partner
b. general partner
c. stockholding partner
d. public partner
e. silent partner

Q9. Which of the following occurs when two firms combine to create a new company?
a. acquisition
b. takeover
c. venture
d. divestiture
e. merger

Q10. Kent and Patrick have decided to start a landscaping business. One of the first things that they do is sign a document that describes the investments and responsibilities of the partners and makes provisions for the allocation of profits and dissolution of the business. What is the name of this document?

a. articles of incorporation
b. partnership charter
c. partnership agreement
d. corporate charter
e. financial proposal

Q11. How does monopolistic competition differ from perfect competition?
a. There are more sellers in a market characterized by monopolistic competition.
b. It is easier for sellers to enter a market or industry characterized by monopolistic competition.
c. In a perfectly competitive market, products are more dissimilar.
d. In a market characterized by monopolistic competition, individual firms have some control over price.
e. In a perfectly competitive market, the size of the firms must be large.

Q12. What does productivity measure?
a. the total value of all goods and services produced by a national economy
b. how much a system produces with the resources needed to produce it
c. how much output is necessary to produce a certain level of demand
d. the standard of living relative to purchasing power parity
e. how much gross national product results from inputs of labor

Q13. The customs, values, and demographic characteristics of the society in which an organization functions are the principal elements of the political-legal environment.
a. True
b. False

Q14. The technological environment includes only electronics and telecommunications used to perform business activities.
a. True
b. False

Q15. Honata Automobiles is a South Korean-owned company. Honata has factories in Indonesia and Brazil. Which of the following is/are affected by the production of Honata automobiles?
a. Indonesia, Brazil, and South Korea's GDP
b. Indonesia and Brazil's GDP
c. South Korea's GDP
d. Indonesia and Brazil's GNP
e. Indonesia, Brazil, and South Korea's GNP

Q16. Which of the following is a likely cause of increased prices for products, decreased purchasing power, and decreased profit margins?
a. low unemployment
b. stagnant wages
c. declining living standards
d. cyclical inflation
e. limited credit

Q17. Which economic system emphasizes the private ownership of most factors of production?
a. socialism
b. communism
c. capitalism
d. Marxism
e. federalism

Q18. Which of the following best describes economic stability?
a. the measure of economic growth that compares how much a system produces with the resources needed to produce it
b. a condition in an economic system in which the amount of money available and the number of goods and services produced are growing at about the same rate
c. the economic condition in which a country's exports exceed its imports
d. a relative equality between what the government owes its creditors and the revenue it gets from imports
e. the economic value of all the products that a country exports minus the economic value of all the products it imports

Q19. How would supply affect the aggregate output of an economy?
a. Supply would decrease aggregate output.
b. Increases in both would cause inflation.
c. Aggregate output would grow with supply.
d. Supply would have no direct effect on aggregate output.
e. Aggregate output would increase the money supply.

Q20. Which course of action should the Federal Reserve take if it wishes to reduce inflation and curb consumer spending?
a. The Federal Reserve should buy securities.
b. The Federal Reserve should sell securities.
c. The Federal Reserve should decrease the reserve requirement.
d. The Federal Reserve should lower the discount rate.
e. The Federal Reserve should sell securities and lower the discount rate.

Q21. What is the term for an employee who detects and tries to put an end to a company's unethical, illegal, and/or socially irresponsible actions by publicizing them?
a. fast-track manager
b. whistle-blower
c. corporate lookout
d. government inspector
e. blue sky thinker

Q22. What role does accountability play in business life?
a. It encourages businesses to strive for increased revenue.
b. It fosters laissez-faire attitudes to economic growth.
c. It protects and enhances the general welfare of society.
d. It restricts health warnings on harmful products.
e. It helps to maximize profits for shareholders.

Q23. IBP, a leading meat-processing firm, has a long record of breaking environmental protection, labor, and food processing laws and then trying to cover up its offenses. What type of stance has IBP adopted to social responsibility?
a. accommodative
b. obstructionist
c. pragmatic
d. defensive
e. proactive

Q24. Save-a-Bunch Hardware has tripled its prices for plywood and other building supplies after a tornado strikes the area. What business practice is Save-a-Bunch Hardware demonstrating?
a. price gouging
b. price wars
c. price fixing
d. collusion
e. buying out competitors

Q25. Small businesses must answer many of the same social responsibility questions as big businesses.
a. True
b. False

Q26. Which one of the following organizations has as its primary function the regulation of advertising and pricing practices?
a. Food and Drug Administration (FDA)
b. Federal Trade Commission (FTC)
c. Federal Communication Commission (FCC)
d. Securities and Exchange Commission (SEC)
e. Small Business Administration (SBA)

Q27. Which of the following occurs when someone uses confidential information to gain from the purchase or sale of stocks?
a. identity theft
b. a margin purchase
c. insider trading
d. collusion
e. a guarantee

Q28. Ethical standards relating to business practices are fairly consistent around the world.
a. True
b. False

Q29. What is a social audit?
a. an examination of a company's financial records to determine their conformance with GAAP
b. a program to promote consumer activism
c. an analysis by the government of a company's compliance with employment laws
d. an analysis of a firm's success in using funds earmarked for meeting its social responsibility goals
e. a check on consumer rights

Q30. What is it called when two or more firms agree to collaborate on wrongful acts?
a. monopolizing
b. consumerism
c. collusion
d. brokering
e. business as usual

Q31. The World Trade Organization (WTO) was created to encourage international trade.
a. True
b. False

Q32. Globalization refers to the process by which countries around the world are becoming more self-sufficient.
a. True
b. False

Q33. Free market economies often establish some system of quotas and/or tariffs.
a. True
b. False

Q34. ABC Company in the United States has given exclusive rights to XYZ Company in Switzerland to manufacture its products. What is this is an example of?
a. a foreign direct investment
b. a licensing arrangement
c. a branch office setup
d. a strategic alliance
e. an import-export relationship

Q35. Which of the following is the name for the overall flow of money into or out of a country?
a. exchange rate
b. trade rate
c. balance of exchange
d. balance of payments
e. balance of trade

Q36. In some South American countries, it is sometimes legal to bribe other businesses and government officials, while this practice is illegal in the United States. Which of the following refers to this type of policy?
a. protectionism
b. business practice laws
c. free trade agreements
d. fair trade agreements
e. local content laws

Q37. Critics of protectionism charge that it drives up prices by reducing competition.
a. True
b. False

Q38. Which of the following refers to the practice of selling a product abroad for less than the cost of production?
a. exporting
b. importing
c. dumping
d. safeguarding
e. offshoring

Q39. Which of the following refers to tariffs that are imposed strictly to raise money for the government?
a. revenue tariffs
b. protectionist tariffs
c. quota tariffs
d. subsidy tariffs
e. labor tariffs

Q40. Which of the following statements best describes the effects of subsidies?
a. A subsidy essentially lowers the prices of foreign goods rather than raising the prices of domestic goods.
b. A subsidy essentially raises the prices of domestic goods rather than lowering the prices of foreign goods.
c. A subsidy essentially lowers the prices of domestic goods rather than raising the prices of foreign goods.
d. A subsidy essentially raises the prices of foreign goods while also raising the prices of domestic goods.
e. A subsidy essentially lowers the prices of foreign goods while also lowering the prices of domestic goods

Reference no: EM131139801

Questions Cloud

Why is real gdp targeting the riskier of the two strategies : How does nominal GDP targeting differ from real GDP targeting? Why is real GDP targeting the riskier of the two strategies?
Compute the new wacc and briefly discuss in your report : Calculate the New WACC and briefly discuss in your report if this new WACC and capital structure might signal the market and investors.
Explain the possible ethical dilemmas : Explain how the social situation with Travon and Elliot could impact the work environment. Develop a policy that you would implement to minimize ethical concerns related to social activities between colleagues while supporting collegial relationshi..
Determine the ratio of hydraulic time to sedimentation time : If the model study indicates that dredging of the model channel is required every 100 hours, calculate the frequency with which the prototype channel will require dredging.
What type of stance has ibp adopted to social responsibility : IBP, a leading meat-processing firm, has a long record of breaking environmental protection, labor, and food processing laws and then trying to cover up its offenses. What type of stance has IBP adopted to social responsibility?
Determine the required model sediment sizes : Determine from the Shields diagram whether or not sediment transport will occur in both the model and the protoype.
What particular features of the internal control environment : Why is it important to consider the internal control environment of even a small company such as US Clothing Store?
Derive the equivalent of the fundamental growth : Derive the equivalent of the fundamental growth accounting equation in this case and explain how one might use available data to estimate TFP growth using this equation.
Do you think a companys annual report is useful : Do you think a company's annual report is useful? Why/why not? - As an investor, which sections of the annual report do you believe are the most useful and why?

Reviews

Write a Review

Corporate Finance Questions & Answers

  Impact of the global economic crisis on business environment

This paper reviews the article of ‘the impact of the global economic crisis on the business environment' that is written by Roman & Sargu (2011).

  Explain the short and the long-run effects on real output

Explain the short and the long-run effects on real output, price, and unemployment

  Examine the requirements for measuring assets

Examine the needs for measuring assets at fair value in accounting standards

  Financial analysis report driven by rigorous ratio analysis

Financial analysis report driven by rigorous ratio analysis

  Calculate the value of the merged company

Calculate the value of the merged company, the gains (losses) to each group of shareholders, NPV of the deal under different payment methods. Synergy remains the same regardless of payment method.

  Stock market project

Select five companies for the purpose of tracking the stock market, preparing research on the companies, and preparing company reports.

  Write paper on financial analysis and business analysis

Write paper on financial analysis and business analysis

  Intermediate finance

Presence of the taxes increase or decrease the value of the firm

  Average price-earnings ratio

What is the value per share of the company's stock

  Determine the financial consequences

Show by calculation the net present value for the three alternatives (no education, network design certification, mba). Also, according to NPV suggest which alternative you advise your friend to choose

  Prepare a spread sheet model

Prepare a spread sheet model for the client that determines NPV/IRR with and without tax.

  Principles and tools for financial decision-making

Principles and tools for financial decision-making. Analyse the concept of corporate capital structure and compute cost of capital.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd