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| 1 | |
The rightful use of power is known as: |
| | A) | authoritarianism. |
| | B) | control. |
| | C) | legitimacy. |
| | D) | tyranny. |
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| 2 | |
The force behind a company's actions is called its: |
| | A) | pluralism. |
| | B) | economic power. |
| | C) | business power. |
| | D) | social contract. |
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| 3 | |
The ability of corporations to influence events through control over resources is known as: |
| | A) | economic power. |
| | B) | political power. |
| | C) | legal power. |
| | D) | technological power. |
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| 4 | |
The ability to influence the consequences of physical innovations as they develop is: |
| | A) | economic power. |
| | B) | technological power. |
| | C) | political power. |
| | D) | cultural power. |
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| 5 | |
The ability to influence governments is known as: |
| | A) | environmental power. |
| | B) | political power. |
| | C) | economic power. |
| | D) | technological power. |
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| 6 | |
The force to shape the laws of society is known as ______ power. |
| | A) | technological |
| | B) | legal |
| | C) | cultural |
| | D) | environmental |
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| 7 | |
Cultural power is the ability: |
| | A) | to influence institutions such as the family. |
| | B) | to influence governments. |
| | C) | to shape the laws of society. |
| | D) | to influence the consequences of physical innovations. |
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| 8 | |
The impact of a company on nature is known as ______ power. |
| | A) | technological |
| | B) | political |
| | C) | cultural |
| | D) | environmental |
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| 9 | |
Activity in the _____ sphere is the primary force for change. |
| | A) | economic |
| | B) | political |
| | C) | social |
| | D) | technological |
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| 10 | |
The idea that business controls wealth and that its power is inadequately checked in American society is known as: |
| | A) | pluralist theory. |
| | B) | social interest theory. |
| | C) | dominance theory. |
| | D) | state autonomy theory. |
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| 11 | |
The pluralist theory is the basis of the: |
| | A) | stakeholder model. |
| | B) | countervailing forces model. |
| | C) | dominance model. |
| | D) | market capitalism model. |
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| 12 | |
The idea that business power is exercised in a society in which institutions such as markets, labor unions, and public opinion also have great power constitutes the: |
| | A) | pluralist theory. |
| | B) | social interest theory. |
| | C) | dominance theory. |
| | D) | countervailing forces model. |
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| 13 | |
According to this theory, the growth of large corporations creates a business elite that exercises inordinate power over public policy. |
| | A) | Pluralist |
| | B) | Dominance |
| | C) | Market capital |
| | D) | Social justice |
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| 14 | |
According to this theory, asset concentration creates monopoly or oligopoly in markets that reduces competition and harms consumers. |
| | A) | The stakeholder theory |
| | B) | The labor theory of value |
| | C) | The pluralist theory |
| | D) | The dominance theory |
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| 15 | |
According to the dominance theory: |
| | A) | the rise of huge corporations creates a business elite. |
| | B) | asset concentration creates monopoly in markets that increases competition. |
| | C) | corporations cannot alter their environments in self-interested ways. |
| | D) | business power is counterbalanced, controlled, and subject to defeat. |
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| 16 | |
The power elite is a: |
| | A) | small group of individuals in control of the economy, government, and military. |
| | B) | broad term encompassing a range of actions and institutions. |
| | C) | network of human relations composed of ideas, institutions, and material things. |
| | D) | preindustrial society in which economic and cultural values are based on agricultural experience. |
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| 17 | |
Within such a society no entity or interest has overriding power, and each may check and balance others. |
| | A) | Public interest groups |
| | B) | Power elite |
| | C) | Pluralistic society |
| | D) | Consumer interest groups |
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| 18 | |
A society that has many groups and institutions which exercise power is known as a: |
| | A) | postmodern society. |
| | B) | modern society. |
| | C) | pluralistic society. |
| | D) | generic society. |
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| 19 | |
Social interest groups: |
| | A) | are the ultimate arbiters of legitimate behavior. |
| | B) | represent every segment of society and use many methods to restrain business. |
| | C) | can act forcefully to blunt the exercise of corporate power that harms the public. |
| | D) | believe that the market allocates resources more efficiently than political pressures. |
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| 20 | |
According to this theory, governments and laws, social interest groups, social values, markets, and economic stakeholders are the boundaries of managerial power. |
| | A) | The pluralist theory |
| | B) | The dominance theory |
| | C) | The stakeholder theory |
| | D) | The labor theory of value |
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