1. John Kenneth Galbraith describes the Dependence Effect as the creation of wants by the very processes that satisfy these wants. In other words, the manufacturing of demand through advertising is as important as the manufacturing of the product.

Group of answer choices

 

True

 

False

 

 

2. What  distinguishes  Buddhist economics from the economics of modern materialism?

 

A:  A Buddhist economics would support the total mechanization of the workplace so humans can be freed from labor to enjoy the bliss of leisure.

 

B:  A Buddhist economics would pursue human well-being by maximizing the consumption of goods.

 

C:  A Buddhist economics would prefer the production use of renewable materials to non-renewable ones.

3. According to RAN (the Rainforest Action Network) and AFAN (the African Forest Network), the Chad/Cameroon Pipeline would have the following effect:

A: Transform the economy of Chad by doubling its revenues per year, allowing Chad to invest in health, education, environment, infrastructure and rural development

 

B:  Open up the territory of the indigenous people, so the Bagyeli people can fully and fairly participate in the Cameroonian society

 

C:  Help West African countries forge economic bonds with Western MNC's rather than form alliances with the anti-Western countries of Libya and Sudan

D:  Endanger forest, mangroves and coral reefs

E:  All of the above

F:  A & B

4. How would Florian Wettstein view Apple, Inc.'s relationship with Foxconn Technology Group based in China?

A:  Direct complicity

B:  Beneficial complicity

C; Silent Complicity

D:  A & C

 

E:  B & C

 

F:  All of the above

 

5. Ian Maitland considers three levels of wages and labor standards in international sweatshops.  Which standard does he defend?

A:  “Living wage” standard:  subsistence wages and as much above that as workers and their dependents need in order to live with reasonable dignity, given the general state of development of the society.

B:  Classical liberal standard:  a wage or labor practice freely chosen by informed workers in a society.

C:  Home country standards:  the same wages and labor standards of the corporation's home country regardless of where the international corporation operates.

 

6. Thorstein Veblen claims that the tradition of giving presents, gifts and feasts was not just an expression of hospitality and friendliness but also had the economic function of displaying and so increasing the social status of the "gentleman" who shared his wealth with others.  What does Veblen call this phenomenon?

A:  conspicuous consumption

B:  vicarious consumption

Group of answer choices

7, C.K. Prahalad analyzes “creating the capacity to consume“in terms of "The Three-A's".

They are:

 

A: affordability, access & aesthetics

 

B: affordability, aesthetics & availability

 

C: affordability, access & availability

 

D: access, availability & aesthetics

8. James Rachels claims that all viable human societies share core values/norms even if their practices are widely diverse.

Group of answer choices

True

False

9. How would Deborah Johnson view Fingerhut's state-of-the-art databank?

A:  as an innovative way of creating, gathering, moving and using customer information so customers can be provided with personalized catalogs that reflect what they most want and need

B:  as a digital Panopticon that gives a commercial interest the power to shape and determine customer behavior

C:  as an unethical practice of information-gathering since customers are not protected by a wide array of legislation that prevents misuse of private data

D:  All of the above

E:  B & C

F:  A & B

 

10. How would Richard DeGeorge and Donaldson & Dunfee each evaluate the EXXONMOBIL OIL PIPELINE IN CHAD & CAMEROON CASE? For D&D, use the ISCT paper - not Donaldson's "Values in Tension")

IN YOUR OWN WORDS, develop moral evaluations for each theorist.

1.  FRAME THE CASE:  Identify & describe the main features of the case.

2.  DEVELOP THE THEORIST'S REASONING:  Identify & describe the theorist's main concepts and explain how they work together to create a particular theoretical perspective.

3. APPLY THEORIST'S REASONING TO THE CASE: Explain why particular features of the case are relevant to shaping the theorist's perspective.

NO QUOTES! ORIGINAL WORK ONLY! 400-500 word minimum