ANS: D PTS: 1 DIF: Difficulty: Moderate REF: pp. 51-52 OBJ: LO: 2-7 NAT: BUSPROG: Ethics TOP: Consumerism KEY: Analysis 125. The motion picture industry uses a rating system to describe the content of its movies. Movies are accompanied by ratings such as PG (parental guidance suggested) or R (not suitable for under 17). This rating system satisfies consumers’ right to a. be heard. b. safety. c. be informed. d. censorship. e. watch what they want to watch. ANS: C PTS: 1 DIF: Difficulty: Challenging REF: pp. 51-52 OBJ: LO: 2-7 NAT: BUSPROG: Ethics TOP: Consumerism KEY: Analysis 126. A credit card company is offering an annual percentage rate of 3.9 percent. However, the company fails to mention that this is an introductory rate, and when consumers receive their bills after six months the rate increases to 21.9 percent. The consumers feel their right to ____ has been abused. a. be treated fairly b. be informed c. safety d. be heard e. service ANS: B PTS: 1 DIF: Difficulty: Challenging REF: pp. 51-52 OBJ: LO: 2-7 NAT: BUSPROG: Ethics TOP: Consumerism KEY: Bloom's: Analysis 127. One reason American business must be concerned about product safety is that a. labor unions will demand better contracts. b. the government will increase its requirements for disclosure. c. consumers demand safe products. d. companies will be banned from competing. e. limitations will be placed on the sale of products. ANS: C PTS: 1 DIF: Difficulty: Moderate REF: p. 51 OBJ: LO: 2-7 NAT: BUSPROG: Ethics TOP: Consumerism KEY: Bloom's: Analysis 128. Product labels on detergent that indicate ingredients and laundering methods are examples of provision of Kennedy’s consumer bill of rights? a. The right to be heard b. The right to choose c. The right to purchase d. The right to be informed e. The right to safety
ANS: D PTS: 1 DIF: Difficulty: Moderate REF: pp. 51-52 OBJ: LO: 2-7 NAT: BUSPROG: Ethics TOP: Consumerism KEY: Analysis 125. The motion picture industry uses a rating system to describe the content of its movies. Movies are accompanied by ratings such as PG (parental guidance suggested) or R (not suitable for under 17). This rating system satisfies consumers’ right to a. be heard. b. safety. c. be informed. d. censorship. e. watch what they want to watch. ANS: C PTS: 1 DIF: Difficulty: Challenging REF: pp. 51-52 OBJ: LO: 2-7 NAT: BUSPROG: Ethics TOP: Consumerism KEY: Analysis 126. A credit card company is offering an annual percentage rate of 3.9 percent. However, the company fails to mention that this is an introductory rate, and when consumers receive their bills after six months the rate increases to 21.9 percent. The consumers feel their right to ____ has been abused. a. be treated fairly b. be informed c. safety d. be heard e. service ANS: B PTS: 1 DIF: Difficulty: Challenging REF: pp. 51-52 OBJ: LO: 2-7 NAT: BUSPROG: Ethics TOP: Consumerism KEY: Bloom's: Analysis 127. One reason American business must be concerned about product safety is that a. labor unions will demand better contracts. b. the government will increase its requirements for disclosure. c. consumers demand safe products. d. companies will be banned from competing. e. limitations will be placed on the sale of products. ANS: C PTS: 1 DIF: Difficulty: Moderate REF: p. 51 OBJ: LO: 2-7 NAT: BUSPROG: Ethics TOP: Consumerism KEY: Bloom's: Analysis 128. Product labels on detergent that indicate ingredients and laundering methods are examples of provision of Kennedy’s consumer bill of rights? a. The right to be heard b. The right to choose c. The right to purchase d. The right to be informed e. The right to safety
test-bank-business-12th-edition-pride.docx