Question 1 |
In some economically developed countries and in most developing countries around the world, genetically modified food was:
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looked upon with caution but generally accepted. |
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welcomed as a way to increase crop yields. |
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rejected by most governments. |
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viewed with extreme cautions. |
Question 2 |
We are currently in which phase in the development of technology?
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Industrial |
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Service |
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Information |
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Semantic |
Question 3 |
The __________ website received a favorable review because they limited the ability of hackers to take advantage of one another.
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Hackers for Hire |
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Hacker's List |
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ISIS |
Question 4 |
Bill Joy, Sun Microsystems' chief scientist, stated that the rapid advances in technology:
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solve every surmountable problem in no time flat. |
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move too fast, and can take on a life of their own. |
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are the safest and most human friendly known to civilization. |
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must be controlled by the companies that invest in them, in order to protect society. |
Question 5 |
In 2014, the percentage of Americans who believed that stem cell research is morally acceptable was:
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27 percent. |
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52 percent. |
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60 percent. |
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65 percent. |
Question 6 |
Which country recently required all video-streaming sites to be approved by the government or risk having their content banned?
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Iran |
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Pakistan |
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North Korea |
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China |
Question 7 |
Which of the following is TRUE respecting the U.S. government's PRISM program?
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Technology companies could voluntarily turn over individual private communications. |
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The clandestine program was hidden by Edward Snowden. |
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Critics of the program called it an unwarranted intrusion by Big Brother. |
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Google challenged the program rules and won. |
Question 8 |
__________ is the practical applications of science and knowledge to commercial and organizational activities.
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Technology |
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E-commerce |
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Digital semantics |
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Informational analysis |
Question 9 |
Which of the following is NOT true respecting the service phase of technology?
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It was the fourth phase in the development of technology. |
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It emphasized providing services. |
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It required manual and intellectual skills. |
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It was dominant from 1900 to 1960. |
Question 10 |
Downloading illegal files, spreading computer viruses, and stealing from online bank accounts is, collectively, referred to as:
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hacking. |
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software piracy. |
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cybercrime. |
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Internet disruption. |
Question 11 |
Which of the following statements MOST accurately describes a “web-junkie”?
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He plays video games for hours on end without a break. |
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She views the real world more realistically. |
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He is, overall, a fast learner. |
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She creates “mega-moments.” |
Question 12 |
In 2013, North Korea opened Internet access to:
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all of its natural citizens. |
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residents of South Korea. |
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foreigners using mobile devices and lap tops. |
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investors of Koryolink, a state-owned telecommunications company. |
Question 13 |
The buying and selling of goods and services electronically is called:
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M-commerce. |
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E-business. |
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teleprompting. |
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telemarketing. |
Question 14 |
In which country was anti-spam legislation passed making it a crime to send unsolicited e-mail messages to people's private e-mail addresses or cell phones?
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China |
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Japan |
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United Kingdom |
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Germany |
Question 15 |
Software piracy is a major problem:
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globally. |
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only in North America. |
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only in Asia. |
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in North America and Asia. |
Question 16 |
Hackers who intend to profit from their actions are motivated by:
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the need for media attention. |
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a desire to retaliate against the government. |
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the thrill of it. |
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financial incentives. |
Question 17 |
The place where information is stored, ideas are described, and communication takes place in and through an electronic network of linked systems is called:
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cloud computing. |
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cyberspace. |
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a data server. |
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hyperspace. |
Question 18 |
Hackers employed by businesses or government to intentionally discover weaknesses in information systems are called:
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Grey Hatters. |
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Black Hatters. |
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White Hatters. |
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Mad Hatters. |
Question 19 |
The digital divide describes the gap between those:
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individuals who have access to technology and those who do not. |
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businesses who use e-business and those who do not. |
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hospitals who use online information and those who do not. |
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individuals who use broadband technology and those who do not. |
Question 20 |
How has the increase in information technology affected criminal activities globally?
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Crime levels have remained about the same. |
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Crime has decreased due to better monitoring efforts. |
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The need for government cooperation has been reduced. |
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New mechanisms for stealing data, trafficking contraband and laundering money have emerged. |
Question 21 |
Which of the following is NOT a function of board committees?
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The executive committee works closely with top managers on business matters. |
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The audit committee reviews the company's financial reports. |
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The compensation committee administers and approves salaries and benefits. |
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The finance committee works closely with the human resources department to fund employee salaries. |
Question 22 |
Since the mid-1950s the proportion of American workers represented by a union has:
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increased. |
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grown, but only in the manufacturing sector. |
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decreased. |
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remained about the same. |
Question 23 |
The “right to be heard” assures that the consumers' interests will:
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receive full and sympathetic consideration. |
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be protected against fraudulent or misleading information. |
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be assured satisfactory quality and service at a fair price. |
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be given all the facts needed to make an informed choice. |
Question 24 |
How are directors (members of corporate boards) selected?
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Shareholders elect the directors from a list of candidates. |
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The company's CEO appoints the directors. |
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The nominating committee elects the directors. |
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Shareholders with the greatest proportional ownership in the company become directors. |
Question 25 |
Which of the following statements is NOT true regarding the Consumer Reports organization?
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It is involved in activities promoting the interests of consumers.
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It conducts extensive tests on selected consumer products and services.
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It is supported by the Federal government.
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It publishes the results of tests online with ratings on a brand name basis.
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Question 26 |
Reasons for increasing the level of employee monitoring do NOT include:
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achieving greater worker efficiency. |
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avoiding lawsuits resulting from inappropriate employee activities. |
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assuring that employees will not disclose confidential company information. |
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reducing employee health insurance premiums. |
Question 27 |
All of the following are legal rights of shareholders, EXCEPT voting on:
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members for the board of directors. |
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major mergers and acquisitions. |
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changes in the corporate charter. |
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who will become the chief executive officer (CEO). |
Question 28 |
Which of the following is NOT true regarding institutional investors?
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Institutions invest their funds by purchasing shares of stock in a corporation. |
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The proportion of individual ownership of stock in the U.S. has declined slowly since the 1960s. |
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Pension funds and university endowments are examples of institutional investors. |
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Institutions accounted for 63 percent of the value of all equities owned in the U.S. in 2010. |
Question 29 |
Which law allows individuals who sue federal contractors for fraud to receive up to 30 percent of any amount recovered by the government?
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False Standards Act |
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Economic Priorities Act (as amended in 1999) |
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U.S. False Claims Act (as amended in 1986) |
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Fair Labor Standards Act |
Question 30 |
Which law targeted regulation on issues of complex securities, especially those related to subprime mortgages?
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Sarbanes-Oxley Act |
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Dodd-Frank Act |
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Affordable Care Act |
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Securities and Exchange Act |
Question 31 |
In the United States, which of the following agencies enforces the law prohibiting deceptive advertising?
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Congress |
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Consumer Product Safety Commission |
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Federal Trade Commission |
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Department of Justice |
Question 32 |
Groups that collect and combine data from various sources into individual profiles that are sold to retailers and advertisers are called:
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flash cookies. |
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data aggregators. |
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Internet marketers. |
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360-degree viewers. |
Question 33 |
According to the new social contract:
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the employer is obligated to provide long-term job security. |
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job security is based on seniority, but salaries may be lowered for poor performance. |
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companies try to attract workers by giving them interesting and challenging work. |
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employers have no fixed responsibilities toward employees. |
Question 34 |
All of the following are examples of fulfilling social objectives through stock ownership, EXCEPT:
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selling stock of companies that did business in South Africa when it was ruled under Apartheid. |
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divesting from Chinese companies that made products with forced labor. |
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selling stock of companies with a below-market rate of return. |
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choosing not to invest in Burmese companies that had been accused of human rights abuses. |
Question 35 |
A living wage has been defined as a wage that:
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equals or exceeds the minimum wage established by law.
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equals or exceeds one-and-a-half times the minimum wage established by law.
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supports the basic needs of an average-sized family, based on local prices.
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supports half the basic needs of an average-sized family, based on local prices.
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Question 36 |
Warning consumers about possible side effects of pharmaceutical drugs is an example of consumer protection against:
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predatory pricing. |
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incomplete information disclosure. |
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hazardous products. |
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violations of individual privacy. |
Question 37 |
Prior to deregulation, government agencies frequently:
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encouraged overseas trade, shielding businesses from competition. |
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held prices artificially high, shielding businesses from competition. |
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discouraged overseas trade, shielding consumers from selection. |
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held prices artificially low, shielding consumers from selection. |
Question 38 |
Regarding random drug testing of employees, which statement is TRUE?
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It screens randomly-selected employees at various times through the year. |
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It randomly tests selected applicants before hiring, as a part of a physical examination. |
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It tests an employee believed to be impaired by drugs and, therefore, unfit for work. |
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It regularly tests employees from randomly-selected job categories or job levels. |
Question 39 |
Consumer groups have generally opposed the idea of product liability reform using which of the following arguments?
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Punitive damages should be limited. |
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Strict liability should be retained. |
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The burden of proof should be shifted to consumers. |
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Losers should be made to pay some of the other side's legal bills. |
Question 40 |
The practice of adapting a job to the worker is referred to as:
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social contracting. |
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electronic monitoring. |
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ergonomics. |
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task simplification. |