dolution

1. Businesses and society are independent of one another.

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True or False

2.Government can be considered both a market and nonmarket stakeholder.

True or False

3.The external environment of business is static.

True or False

4.According to general systems theory, boundary exchanges are exemplified by which of the following?

1. An industrial company installs new equipment in its plant to comply with environmental regulations.

2. A software company develops an application for a client.

3. A purchasing department employee negotiates a price on parts with a supplier.

4. All of these answers are correct.

5. All of the following are external stakeholders of the firm except:

1. Managers

2. Customers

3. Shareholders.

4. Suppliers

6. Interactions between business and society occur:

1. Within a finite natural ecosystem.

2. Only during an environmental crisis.

3. When business employees and the community are of similar cultural backgrounds.

4. When legislation is passed requiring interaction.

7. In the case Insuring Uber’s App-On Gap, which type of power do Uber customers have?

1. Economic and informational.

2. Legal and economic.

3. Political only.

4. Voting and legal.