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Which of the following laws has the purpose of protecting competition?


A) Prevention and Enforcement Act
B) Clayton Act
C) Federal Trade Commission Act
D) Fair Trade Act
E) Unfair Practices Act

F) B) and D)
G) C) and D)

Correct Answer

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Technology can change existing products and the ways they are produced.Many companies are using technological developments to allow the __________ of products through the manufacturing cycle several times.


A) pruning
B) adding
C) recycling
D) precycling
E) refining

F) A) and C)
G) B) and E)

Correct Answer

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Remote suburbs are called __________.


A) exurbs
B) suburbia
C) outstate residents
D) subdivisions
E) minor statistical areas

F) A) and B)
G) A) and E)

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All of the following are commonly held values in the counties outside the U.S.EXCEPT:


A) the importance of rank and status.
B) the importance of tradition.
C) belief in fate.
D) equality.
E) acceptance of birthright.

F) A) and D)
G) C) and D)

Correct Answer

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Culture refers to the


A) moral and ethical beliefs of a family passed down from generation to generation.
B) set of values,ideas,and attitudes that are learned and shared among the members of a group.
C) pastimes associated with the fine arts,such as ballet,music,and theater.
D) standard or pattern of behaviors that is typical or expected of a group.
E) description of a population according to selected characteristics such as age,gender,ethnicity,income,and occupation.

F) A) and B)
G) None of the above

Correct Answer

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In 1998,President Clinton signed the Digital Millennium Copyright Act,which


A) limits access of children to online material considered to be inappropriate or harmful.
B) improves protection of copyrighted digital products.
C) allows the government to collect taxes if printed materials are sold online.
D) prevents the pirating of digital products that do not display the copyright symbol.
E) allows anyone with access to a computer to publish original materials online and seek remuneration (pay) .

F) A) and D)
G) None of the above

Correct Answer

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The Lays Kettle Cooked Chips photo shown above is targeted at which generational cohort?


A) echo-boomers
B) Generation Xers
C) baby boomers
D) Generation Yers
E) baby busters

F) A) and B)
G) All of the above

Correct Answer

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The population explosion has occurred


A) primarily in the developing countries of Latin America,Asia,and Africa.
B) evenly throughout the world.
C) primarily in the United States due to high birth rates and immigration.
D) primarily in the countries of the European Union due to high birth rates and immigration.
E) primarily in developed countries due to better economic,infrastructure,and healthcare conditions.

F) B) and E)
G) A) and B)

Correct Answer

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Which of the following is an action the Federal Trade Commission (FTC) can take to stop a company from continuing an unfair trade practice?


A) corrective advertising
B) a cease and desist order
C) a private ruling
D) a consent degree
E) a stay

F) B) and D)
G) A) and B)

Correct Answer

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Members of Generation Y are idealistic and eager to get started making the world a better place.One way they hope to achieve their goal is through __________.


A) environmental sustainability
B) political statism
C) intergenerational dialogue
D) fiscal conservatism
E) educational reform

F) A) and B)
G) A) and C)

Correct Answer

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Technological advances are difficult to predict.One great advance can replace or substitute for existing products in a relatively short period of time.As shown in the Logitech-Skype ad above,the Logitech Web TV HD camera with Skype connectivity are MOST LIKELY to replace or substitute for __________.


A) TV broadcasts
B) digital video recorders
C) telephones
D) printed books
E) online video games

F) A) and D)
G) B) and D)

Correct Answer

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