BUS 475 QUIZ 8
BUS 475 Quiz 8
This quiz consist of 30 multiple choice questions. The first 15
questions cover the material in Chapter 14. The second 15 questions
cover the material in Chapter 15
1.
The Securities
and Exchange Commission outlaws:
2.
Which of the
following is not a function of board committees?
3.
A reason for
institutions becoming more assertive in promoting the interests of their member
investors is:
4.
The board
committee that administers and approves salaries and benefits of high-level
managers in a company is called the:
5.
Which of the
following is not an argument for high executive compensation?
6.
Corporate
governance involves the exercise of control over a company’s:
7.
The mission of
the Securities and Exchange Commission (SEC) is to:
8.
Which of the
following arguments opposes the idea of high executive pay?
9.
The paramount
duty of the board of directors of a public corporation is to:
10.
The activism of
institutional investors in other countries has been spearheaded by:
11.
The directors of
a company are a central factor in corporate governance because they:
12.
Institutional
investors are sometimes referred to as:
13.
In response to
concerns about the lack of transparency in financial accounting, Congress
passed a new law called the:
14.
How are
directors (members of corporate boards) selected?
15.
The main reason
that American executives are paid so much is:
16.
A prime social
responsibility of business is to safeguard consumers:
17.
When businesses
adopt voluntary policies for protecting the privacy of individuals’ information
disclosed during electronic transactions, this is called:
18. In some cases, businesses have banded together to agree on how they will
treat their customers. This is called:
19.
Online shoppers
have always been concerned that:
20.
The law
requiring that toys and infant products be tested before sale is called the:
21.
Consumers have
become more dependent on businesses for product quality because:
22.
Which
organization brings together 300 nonprofit groups to espouse the consumer
viewpoint?
23.
The act that
requires lenders to inform borrowers of the annual rate of interest to be
charged, plus related fees and services charges is called:
24.
Advertising that
is targeted to particular customers, based on their observed online behavior,
is called:
25.
Which of the
following is not a goal of consumer protection laws?
26.
Manufacturers
making false or misleading claims about a competitor’s product is:
27.
An identifying
marker placed on a user’s computer hard drive during visits in order to
identify the user during each subsequent visit and to build profiles of their
behavior over time is called a:
28.
Which of the
following limits the collection of information online from and about children
under the age of 13?
29.
One alternative
to product liability lawsuits is called:
30.
In the United
States, which of the following agencies enforces the laws prohibiting deceptive
advertising?
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