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1. Chapter 1—The Business and Society Relationship Question TF #1 Business can do just about anything it wants because we do not live in a socially conscious environment.

a. True
*b. False

2. Chapter 1—The Business and Society Relationship Question TF #2 The business environment in current times, the first decade of the 21st century, can best be described as turbulent.

*a. True
b. False

3. Chapter 1—The Business and Society Relationship Question TF #3 When speaking of business in the collective sense, the textbook will most often be focusing on big business.

*a. True
b. False

4. Chapter 1—The Business and Society Relationship Question TF #4 Pluralism is a condition in which there is a concentration of power among society's groups and organizations.

a. True
*b. False

5. Chapter 1—The Business and Society Relationship Question TF #5 Stakeholders are the owners of shares in a corporation.

a. True
*b. False

6. Chapter 1—The Business and Society Relationship Question TF #6 Common Cause and the U.S. Chamber of Commerce are examples of general purpose interest groups.

*a. True
b. False

7. Chapter 1—The Business and Society Relationship Question TF #7 Business interacts with only a limited number of stakeholder groups.

a. True
*b. False

8. Chapter 1—The Business and Society Relationship Question TF #8 Affluence refers to the level of wealth, disposable income, and standard of living of a society.

*a. True
b. False

9. Chapter 1—The Business and Society Relationship Question TF #9 The authors of the textbook lay the primary responsibility for business's problems on the media.

a. True
*b. False

10. Chapter 1—The Business and Society Relationship Question TF #10 The common perception of business power is that there is too little of it to provide a balance with other social institutions.

a. True
*b. False

11. Chapter 1—The Business and Society Relationship Question TF #11...
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