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Q:
The__________ prohibits circumvention of any technical measures put in place to protect copyrighted works.
Q:
What is the second step in the assessment of safety?
A. Deciding how much safety is demanded with respect to a particular product or activity.
B. Determining how much safety is attainable and how to attain it in a given endeavor.
C. Ascertaining whether a particular instance of a product or activity comes up to standards of safety.
D. Lowering the level of risk until it is found, by the ordinary person, to be acceptable.
Q:
A systematic attempt to identify, measure, monitor, and evaluate a firm's performance with respect to its social efforts, goals, and programs is a(n)
A.Triple Bottom Line audit.
B.environmental audit.
C.social audit.
D.social impact statement.
Q:
What is the first step in the assessment of safety?
A. Deciding how much safety is demanded with respect to a particular product or activity.
B. Determining how much safety is attainable and how to attain it in a given endeavor.
C. Ascertaining whether a particular instance of a product or activity comes up to standards of safety.
D. Lowering the level of risk until it is found, by the ordinary person, to be acceptable.
Q:
Works that have not been fixed in a tangible form of expression and those that consist entirely of common information that contains no original authorship are not eligible for__________.
Q:
Management control includes all of the following steps except
A.setting standards.
B.revising budgets.
C.comparing actual performance to standards.
D.taking corrective action.
Q:
The__________ created the World Trade Organization.
Q:
Which of the following describes the relationship between managers and shareholders?
A. Individual shareholders exercise considerable control over managers.
B. Individual shareholders have little, if any, control over managers.
C. Individual shareholders have control over all of management functions.
D. Individual shareholders and managers are equally responsible for the actions of the other.
Q:
Which of the steps in the strategic management process informs all the rest?
A.goal formulation
B.strategy formulation
C.strategic control
D.environmental analysis
Q:
One frequent use of __________ for software is to modify an application that ran on one vendor's database so that it can run on another's.
Q:
Which of the following was set up by the Sarbanes-Oxley Act.
A. Generally Accepted Accounting Principles
B. Code of Professional Ethics
C. Generally Accepted Auditing Standards
D. Public Company Accounting Oversight Board
Q:
Which of the following is not one of the steps in the strategic management process?
A.goal formulation
B.strategy implementation
C.problem identification
D.environmental analysis
Q:
Together, copyright, patent, and__________ legislation form a complex body of law that addresses the ownership of intellectual property.
Q:
Which of the following is not an ethical issue facing accountants?
A. underreporting income
B. falsifying accounts
C. preparing audits of clients
D. taking questionable deductions
Q:
The deeply ingrained principles that guide all of a company's actions and decisions are the firm's
A.vision statements.
B.guiding lights.
C.core values.
D.mission statements.
Q:
The__________ was drafted to bring uniformity to all the states in the area of trade secret law.
Q:
During the 1990s, the primary form of corporate restructuring was which of the following?
A. downsizing
B. leveraged buyouts
C. corporate takeovers
D. bankruptcy
Q:
All of the following represent examples of enterprise-level thinking except
A.how a firm responds to a public crisis.
B.the extent to which a firm attempts to identify social issues, analyze them, and integrate them into its strategic management process.
C.the extent to which a firm has established board or senior management committees to grapple with social issues.
D.the extent to which a firm has studied its functional structure and made changes necessary to make its operations more efficient.
Q:
According to the Copyright Term Extension Act signed into law in 1998, for works created after January 1, 1978, copyright protection endures for the life of the author plus__________.
Q:
"Junk bonds" are attractive to a wide range of investors because they produce which of the following?
A. high risks
B. normal yields
C. high yields
D. below average risks
Q:
Corporate-level strategy decisions include all of the following except
A.mergers
B.acquisitions
C.divestitures
D.broad or narrow markets
Q:
In the 1980s, the prime rationale for takeovers was which of the following?
A. company valuation was accurate.
B. companies were overvalued.
C. company valuation was not a prime consideration.
D. companies were undervalued.
Q:
Trade secret law protects only against the__________ of trade secrets.
Q:
The enterprise-level strategy may addresses the firm's
A.Obligations to stockholders.
B.Role in society.
C.Implications of cohesion.
D.Competition strategy.
Q:
__________ is the use of illegal means to obtain business information not available to the general public.
Q:
Which of the following is a common rationale for mergers and acquisitions?
A. diversification
B. bankruptcy
C. monopolization
D. capitalization
Q:
____ level strategy attempts to integrate the firm's activities to accomplish its goals.
A.Enterprise
B.Corporate
C.Business
D.Functional
Q:
A(n)__________ is business information that represents something of economic value, has required effort or cost to develop, has some degree of uniqueness or novelty, is generally unknown to the public, and is kept confidential.
Q:
What type of mortgage involves an interest rate that rises to a specified amount after an initial period of (usually) three to seven years?
A. simple interest mortgages
B. fixed rate mortgages
C. compound interest mortgages
D. adjustable rate mortgages
Q:
____ level strategy seeks to determine how a firm should compete in a given industry.
A.Enterprise
B.Corporate
C.Business
D.Functional
Q:
The__________ was drafted in the 1970s to bring uniformity to all the United States in the area of trade secret law.
Q:
Which of the following is the popular name of the Federal National Mortgage Association?
A. Fannie Mae
B. Freddie Mac
C. Freddie Mae
D. Fannie Mack
Q:
The strategy level that asks what business the firm should be in is the ____ level.
A.enterprise
B.corporate
C.business
D.functional
Q:
__________ is the act of stealing someone's ideas or words and passing them off as one's own.
a. Plagiarism
b. Cybersquatting
c. Reverse engineering
d. Patent trolling
Q:
The overarching strategy level that asks what role the firm plays in society and what the firm stands for is the ____ level.
A.enterprise
B.corporate
C.business
D.functional
Q:
Which of the following is the popular name of the Federal National Mortgage Association?
A. Fannie Mae
B. Freddie Mac
C. Freddie Mae
D. Fannie Mack
Q:
Legally obtained information that is gathered to help a company gain an advantage over its rivals is called__________.
a. prior art
b. industrial espionage
c. competitive intelligence
d. trade secrets
Q:
Which of the following groups is not held accountable by the Sarbanes-Oxley Act?
A. Corporate boards
B. Management
C. Shareholders
D. Accountants
Q:
Which of the following is not one of the levels of strategy mentioned in the textbook?
A.enterprise-level
B.department-level
C.corporate-level
D.functional-level
Q:
Which of the following is not considered inside information?
A. Trade secrets
B. Company strategy
C. Company plans
D. Stock value
Q:
Under the__________, the U.S. patent system changed from a "firstÂtoÂinvent" to a "firstÂinventorÂtoÂfile" system.
a. Economic Espionage Act
b. Lanham Act
c. Uniform Trade Secrets Act
d. Leahy-Smith America Invents Act
Q:
The concept of enterprise-level strategy is the idea that best links
A.ethics to performance.
B.strategy to performance.
C.public policy to performance.
D.ethics to strategy.
Q:
The courts have ruled in favor of using reverse engineering to__________ .
a. allow the domination of a particular software market by a single manufacturer
b. provide access to protected elements of an original work
c. circumvent restrictive trade secrets
d. enable interoperability
Q:
The main idea behind corporate public policy is that
A.a firm must give specific attention to issues in which basic questions of right, wrong, justice, fairness, or public policy reside.
B.a firm must look out for its own best interests.
C.a firm should have a say in setting the political direction of the country.
D.a firm should be able to influence public policy when it can.
Q:
Until Ben Cohen retired as CEO of Ben & Jerry's, the cap on executive pay was which of the following?
A. Twenty times that of the average worker
B. Seven times that of the lowest paid worker
C. Fourteen times that of the average worker
D. Fifty times that of the lowest paid worker
Q:
What is the term that refers to compensation given the family of a CEO in the event that he dies in office?
A. the golden coffin
B. the golden parachute
C. the golden egg
D. the golden will
Q:
Cybersquatters__________.
a. frequently launch denial-of-service attacks against popular Web sites
b. register domain names for famous trademarks or company names to which they have no connection
c. remain connected to popular Web sites for extremely long periods of time making it difficult for others to obtain service
d. employ phishing tactics using the domain names of popular Web sites
Q:
Which of the following terms does not have the same basic meaning?
A.corporate public policy
B.corporate social policy
C.corporate social performance
D.corporate citizenship
Q:
A(n)__________ is a logo, package design, phrase, sound, or word that enables a consumer to differentiate one company's products from another's.
a. trade secret
b. watermark
c. trademark
d. earmark
Q:
At its height, the compensation of top executives at large companies was, on average, how much higher than the pay of the average worker?
A. 7 times greater
B. 20 times greater
C. Over 700 times greater
D. Over 300 times greater
Q:
Because public affairs management often appears nebulous and inconclusive, PA managers must make dealing with these issues easier for managers in other departments.
Q:
One key advantage that trade secret law has over the use of patents and copyrights in protecting companies from losing control of their intellectual property is__________ .
a. the time limitation for a trade secret is longer than for patents and copyrights
b. no royalties must be paid on trade secrets
c. trade secrets can become part of the prior art and be used to protect patents and copyrights
d. there is no need to file an application or disclose a trade secret to gain protection
Q:
For the public affairs function to be effective in representing issues affecting business decision making, they should have influence at the middle management level.
Q:
In the Diamond Shamrock and Occidental Petroleum Corporation deal, which of the following best describes the actions of Ivan Boesky and Michael Milken?
A. They shared inside information with intent to make a significant profit, but because of actions that neither foresaw, they lost money.
B. They shared inside information with the intent to make significant profit, but were found out and thus doomed the deal.
C. They traded inside information with intent to make significant profit, and, after the deal went through, both made substantial profits.
D. They traded insider information with intent to make significant profit, but decided that it was improper and so did not take advantage of the information.
Q:
Firefox and OpenOffice are all examples of__________ .
a. Web browsers
b. utility software
c. products developed through re-engineering
d. open source software
Q:
Martha Stewart was charged with which of the following?
A. Making an insider trade.
B. Lying in connection with making an alleged insider trade.
C. Failing to disclose the financial position of her company.
D. Obstructing justice by not providing proper documentation of workplace safety.
Q:
One of the reasons that public affairs departments have seen extensive growth over the past three decades is because they have been able to easily measure and document their results.
Q:
The redistribution of a program code with no copyright as a proprietary software can be avoided by using a(n)
__________.
a. nondisclosure clause
b. open source license
c. patent protection
d. copyright term
Q:
As environmental uncertainty increases, firms tend to increase their buffering and bridging activities.
Q:
Which of the following is a moral basis for disclosure of corporate information?
A. Each person has the right to know those actions of others that could benefit him.
B. Each person has the right to any information about a company he desires.
C. Each person has the right to enter a transaction fairly and thus is required to inform others of his intent.
D. Each person has the right to know those actions of others that will serious and adversely affect him.
Q:
A__________ claims as its invention some feature or process embodied in instructions executed by a computer.
a. trade secret
b. software patent
c. cross-licensing agreement
d. patent infringement
Q:
Which of the following was an employee complaint in the Enron case?
A. At the same time top executives were selling their stock, the same executives were encouraging employees to buy the stock.
B. During the period of the stock's collapse, Enron employees were encouraged to sell their stocks.
C. While top executives were buying stock in the company, they were encouraging employees to sell their stocks.
D. Top management was encouraging employees to hold their stocks because they felt the stock would rebound.
Q:
The__________ requires member governments to ensure that intellectual property rights can be enforced under their laws and that penalties for infringement are tough enough to deter further violations.
a. TRIPS agreement
b. DMCA
c. PROÂIP Act
d. WIPO Copyright Agreement
Q:
Public affairs evolved from public relations.
Q:
Which of the following was a result of the Enron failure?
A. The Rescue Bill
B. The Employee Compensation Act
C. The Sarbanes-Oxley Act
D. The Corporate Democracy Act
Q:
__________ was a legislator and former singer and entertainer who co-sponsored the Copyright Term Extension Act.
a. Frank Sinatra
b. Sonny Bono
c. Dean Martin
d. Sammy Davis Jr.
Q:
The public affairs function is an increasing component of the overall strategic management process.
Q:
Public affairs management focuses on the formalization and institutionalization of corporate public policy.
Q:
Which of the following is not a part of the "Triple Bottom Line?"
A. The financial bottom line
B. The environmental bottom line
C. The social/ethical bottom line
D. The human resources bottom line
Q:
The__________ enacted in 1999, allows trademark owners to challenge foreign cybersquatters who might otherwise be beyond the jurisdiction of U.S. courts.
a. ACPA
b. PRO-IP Act
c. Economic Espionage Act
d. CAN-SPAM Act
Q:
Which of the following is one of the moral responsibilities of management?
A. Management is responsible to the board.
B. Management is responsible to the workers.
C. Management is responsible to maximize profits.
D. Management is responsible to the shareholders.
Q:
The__________ of 2008 increased trademark and copyright enforcement and substantially increased penalties for infringement.a. Digital Millennium Copyright Act (DMCA)b. General Agreement on Tariffs and Tradec. Agreement on Trade-Related Aspects of Intellectual Property Rights d. Prioritizing Resources and Organization for Intellectual Property (PRO-IP) Act
Q:
To be most effective, a social audit should be isolated from other aspects of the strategic management process.
Q:
Which of the following is not true about the moral responsibilities of management?
A. Management is responsible to the board.
B. Management is responsible to the workers.
C. Management is responsible to maximize profits.
D. Management is responsible to the shareholders.
Q:
Motion picture companies supported the development and worldwide licensing of the__________, which enables a DVD player or a computer drive to decrypt, unscramble, and play back motion pictures on DVDs, but not copy them.
a. Time Warner Cable system
b. RIAA
c. DeCSS
d. Content Scramble System (CSS)
Q:
The Global Reporting Initiative (GRI) is attempting to overcome one of the major obstacles to the advance of effective social auditing by providing standardized measures for social reporting.
Q:
The concept that an idea cannot be copyrighted but the__________of an idea can be is key to understanding copyright protection.
a. expression
b. summary
c. variation
d. illustration
Q:
Which of the following is the general obligation derived from the system of free enterprise that covers the wide range of issues from just compensation to truth in advertising to providing the quality of goods or services that one represents oneself as providing?
A. the obligation to be fair in the transactions in which it engages
B. the obligation not to undermine the freedom and values of the system
C. the obligation to do no harm
D. the obligation to live up to the contracts into which one enters freely
Q:
Social performance reporting should be isolated in assessing social performance.
Q:
A patent is a grant of a property right issued by the__________to an inventor.
a. USPS
b. USPTO
c. FTC
d. SEC