Question 1

In some economically developed countries and in most developing countries around the world, genetically modified food was:

Question options:


looked upon with caution but generally accepted.


welcomed as a way to increase crop yields.


rejected by most governments.


viewed with extreme cautions.

Question 2

We are currently in which phase in the development of technology?

Question options:


Industrial


Service


Information


Semantic

Question 3

The __________ website received a favorable review because they limited the ability of hackers to take advantage of one another.

Question options:


Hackers for Hire


Hacker's List


Facebook


ISIS

Question 4

Bill Joy, Sun Microsystems' chief scientist, stated that the rapid advances in technology:

Question options:


solve every surmountable problem in no time flat.


move too fast, and can take on a life of their own.


are the safest and most human friendly known to civilization.


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:

Question options:


27 percent.


52 percent.


60 percent.


65 percent.

Question 6

Which country recently required all video-streaming sites to be approved by the government or risk having their content banned?

Question options:


Iran


Pakistan


North Korea


China

Question 7

Which of the following is TRUE respecting the U.S. government's PRISM program?

Question options:


Technology companies could voluntarily turn over individual private communications.


The clandestine program was hidden by Edward Snowden.


Critics of the program called it an unwarranted intrusion by Big Brother.


Google challenged the program rules and won.

Question 8

__________ is the practical applications of science and knowledge to commercial and organizational activities.

Question options:


Technology


E-commerce


Digital semantics


Informational analysis

Question 9

Which of the following is NOT true respecting the service phase of technology?

Question options:


It was the fourth phase in the development of technology.


It emphasized providing services.


It required manual and intellectual skills.


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:

Question options:


hacking.


software piracy.


cybercrime.


Internet disruption.

Question 11

Which of the following statements MOST accurately describes a “web-junkie”?

Question options:


He plays video games for hours on end without a break.


She views the real world more realistically.


He is, overall, a fast learner.


She creates “mega-moments.”

Question 12

In 2013, North Korea opened Internet access to:

Question options:


all of its natural citizens.


residents of South Korea.


foreigners using mobile devices and lap tops.


investors of Koryolink, a state-owned telecommunications company.

Question 13

The buying and selling of goods and services electronically is called:

Question options:


M-commerce.


E-business.


teleprompting.


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?

Question options:


China


Japan


United Kingdom


Germany

Question 15

Software piracy is a major problem:

Question options:


globally.


only in North America.


only in Asia.


in North America and Asia.

Question 16

Hackers who intend to profit from their actions are motivated by:

Question options:


the need for media attention.


a desire to retaliate against the government.


the thrill of it.


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:

Question options:


cloud computing.


cyberspace.


a data server.


hyperspace.

Question 18

Hackers employed by businesses or government to intentionally discover weaknesses in information systems are called:

Question options:


Grey Hatters.


Black Hatters.


White Hatters.


Mad Hatters.

Question 19

The digital divide describes the gap between those:

Question options:


individuals who have access to technology and those who do not.


businesses who use e-business and those who do not.


hospitals who use online information and those who do not.


individuals who use broadband technology and those who do not.

Question 20

How has the increase in information technology affected criminal activities globally?

Question options:


Crime levels have remained about the same.


Crime has decreased due to better monitoring efforts.


The need for government cooperation has been reduced.


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?

Question options:


The executive committee works closely with top managers on business matters.


The audit committee reviews the company's financial reports.


The compensation committee administers and approves salaries and benefits.


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:

Question options:


increased.


grown, but only in the manufacturing sector.


decreased.


remained about the same.

Question 23

The “right to be heard” assures that the consumers' interests will:

Question options:


receive full and sympathetic consideration.


be protected against fraudulent or misleading information.


be assured satisfactory quality and service at a fair price.


be given all the facts needed to make an informed choice.

Question 24

How are directors (members of corporate boards) selected?

Question options:


Shareholders elect the directors from a list of candidates.


The company's CEO appoints the directors.


The nominating committee elects the directors.


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?

Question options:


It is involved in activities promoting the interests of consumers.


It conducts extensive tests on selected consumer products and services.


It is supported by the Federal government.


It publishes the results of tests online with ratings on a brand name basis.

Question 26

Reasons for increasing the level of employee monitoring do NOT include:

Question options:


achieving greater worker efficiency.


avoiding lawsuits resulting from inappropriate employee activities.


assuring that employees will not disclose confidential company information.


reducing employee health insurance premiums.

Question 27

All of the following are legal rights of shareholders, EXCEPT voting on:

Question options:


members for the board of directors.


major mergers and acquisitions.


changes in the corporate charter.


who will become the chief executive officer (CEO).

Question 28

Which of the following is NOT true regarding institutional investors?

Question options:


Institutions invest their funds by purchasing shares of stock in a corporation.


The proportion of individual ownership of stock in the U.S. has declined slowly since the 1960s.


Pension funds and university endowments are examples of institutional investors.


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?

Question options:


False Standards Act


Economic Priorities Act (as amended in 1999)


U.S. False Claims Act (as amended in 1986)


Fair Labor Standards Act

Question 30

Which law targeted regulation on issues of complex securities, especially those related to subprime mortgages?

Question options:


Sarbanes-Oxley Act


Dodd-Frank Act


Affordable Care Act


Securities and Exchange Act

Question 31

In the United States, which of the following agencies enforces the law prohibiting deceptive advertising?

Question options:


Congress


Consumer Product Safety Commission


Federal Trade Commission


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:

Question options:


flash cookies.


data aggregators.


Internet marketers.


360-degree viewers.

Question 33

According to the new social contract:

Question options:


the employer is obligated to provide long-term job security.


job security is based on seniority, but salaries may be lowered for poor performance.


companies try to attract workers by giving them interesting and challenging work.


employers have no fixed responsibilities toward employees.

Question 34

All of the following are examples of fulfilling social objectives through stock ownership, EXCEPT:

Question options:


selling stock of companies that did business in South Africa when it was ruled under Apartheid.


divesting from Chinese companies that made products with forced labor.


selling stock of companies with a below-market rate of return.


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:

Question options:


equals or exceeds the minimum wage established by law.


equals or exceeds one-and-a-half times the minimum wage established by law.


supports the basic needs of an average-sized family, based on local prices.


supports half the basic needs of an average-sized family, based on local prices.

Question 36

Warning consumers about possible side effects of pharmaceutical drugs is an example of consumer protection against:

Question options:


predatory pricing.


incomplete information disclosure.


hazardous products.


violations of individual privacy.

Question 37

Prior to deregulation, government agencies frequently:

Question options:


encouraged overseas trade, shielding businesses from competition.


held prices artificially high, shielding businesses from competition.


discouraged overseas trade, shielding consumers from selection.


held prices artificially low, shielding consumers from selection.

Question 38

Regarding random drug testing of employees, which statement is TRUE?

Question options:


It screens randomly-selected employees at various times through the year.


It randomly tests selected applicants before hiring, as a part of a physical examination.


It tests an employee believed to be impaired by drugs and, therefore, unfit for work.


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?

Question options:


Punitive damages should be limited.


Strict liability should be retained.


The burden of proof should be shifted to consumers.


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:

Question options:


social contracting.


electronic monitoring.


ergonomics.


task simplification.

       


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