Question 111 pts

Which of the following social issues would LEAST affect the environment in which U.S. businesses operate?

an aging American population

the popularity of reality television

increasing ethnic diversity in the workforce

emergence of the green movement

diversity initiatives including gender and sexual orientation

Question 121 pts

A(n) ________ is the process by which products, information, and money move between supplier and consumer.

operational flow

delivery system

funneling mechanism

supply chain

product flow

Question 131 pts

Providing temporary disability insurance for employees is a federal requirement imposed on companies that operate in the United States.

True

False

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Question 141 pts

Which of the following problems is potentially posed by an aging population?

higher taxes

lower deficit

labor surpluses

fewer business opportunities

decreased demand for social services

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Question 151 pts

Competition affects companies in all of the following ways EXCEPT ________.

forcing them to deliver customer satisfaction

forcing them to improve their products

forcing them to aggressively promote their brands

forcing them to lower their prices

forcing them to increase their production levels

Question 161 pts

The economy of the United States is ________.

market-based

government-owned

socialistic

not-for-profit

noncompetitive

Question 171 pts

Labor is a factor of production that refers to any physical or ________ work people contribute to a business's production.

intellectual

emotional

unionized

entrepreneurial

technological

Question 181 pts

As more profit is generated, a company is able to increase its productivity.

True

False

Question 191 pts

Which of the following is often imposed by governments on multinational companies operating in their countries?

laws regarding product diversity

laws regarding tax exemptions

laws regarding minimal profits

laws regarding quality control

law regarding promotional strategies

Question 201 pts

Diversity initiatives in businesses are essential to a company's ability to be competitive.

True

False