Reference no: EM132279104

1. The Takings Clause must have a taking:

for a compelling private purpose.

for a public purpose and the private property owner is entitled to just compensation.

that is justified by the supremacy clause while compensation is rarely required.

that prohibits private property owners from securing just compensation.

2. Which of the following scenarios best exemplifies groupthink?

Ten officers of Jekyll Inc. are planning a business enterprise they know to be highly profitable. Six know the plan to be illegal. Nevertheless, they do not voice their concerns, but go along with the team's plan.

Four officers of Bisk Corp. devise a highly profitable plan. David, a manager, points out to the group that the plan will likely get the company a high amount of negative publicity. David states that he will not sanction the team's plan.

Ned, Oliver, and Phoebe draft plans for a new software company. They have all thoroughly researched their plans and no one has any criticisms or concerns.

Barry, Ralph, and Ann are subordinates of a firm who report problems to their top managers without any fear.

3. In the United States, state power is restricted by:

procedural due process clause.

the Commerce Clause of the U.S. Constitution.

the equal protection clause.

the Sarbanes-Oxley Act.

4. Corporate social responsibility advocates argue that ethical guidance for corporate managers may come from:

corporate cultures that hold high concern for leading with fear.

corporate or industry codes of conduct.

corporations giving preference to their employees over other constituencies.

corporations promoting avoidance behavior among employees.

5. Entrepreneurs excel at generating new business ideas. Which of the following steps in the new business planning process occurs first??

A. Developing a business model.

B. Crafting a business plan.

C. Conducting an idea assessment.

D. Conducting a feasibility analysis.

E. Creating a strategic plan.