Podcast
Questions and Answers
How does the world of work and business relate to society?
How does the world of work and business relate to society?
- They influence each other and interact (correct)
- They merge purely from economic activities alone
- They are separate spheres with their internal mechanisms
- They are parallel and have no interaction
What is responsible for structuring much of the society surrounding business?
What is responsible for structuring much of the society surrounding business?
- The exchange influence between business and society
- Internal logic and rationality
- Social forces external to business (correct)
- Economic activities alone
Why is it important to understand society in order to understand economic models?
Why is it important to understand society in order to understand economic models?
- Society has no influence on economic models
- Economic models are purely based on internal logic
- Understanding society is not important for understanding economic models
- Society influences the way we do business (correct)
How does the text describe the relationship between business and society?
How does the text describe the relationship between business and society?
Which of the following statements is true according to the text?
Which of the following statements is true according to the text?
True or false: The world of business is completely separate from society and has no influence on it.
True or false: The world of business is completely separate from society and has no influence on it.
True or false: Understanding society is not necessary to understand economic models.
True or false: Understanding society is not necessary to understand economic models.
True or false: Social forces external to business structure much of the society surrounding it.
True or false: Social forces external to business structure much of the society surrounding it.
True or false: The way things happen in society has no impact on how we do business.
True or false: The way things happen in society has no impact on how we do business.
True or false: Economic models are considered natural and cannot be changed.
True or false: Economic models are considered natural and cannot be changed.