1.) Which of the following statements about the U.S. economy is true?
a.) The two hundred largest manufacturing corporations control over half of al manufacturing assets.
b.) The two hundred largest financial organizations control over half of all financial activity
c.) Financial institutions hold over 30% of the shares of the two hundred largest manufacturing companies
d.) All of the above
e.) none of the above
2.) Which stage of corporate capitalism is abased on the practice of corporations owning shares in other firms, with interlocking directorates controlling much of the corporate landscape?
a.) Family capitalism
b.) managerial capitalism
c.) Institutional capitalism
d.) communism
e.) socialism
3.) Which of the following provides the best explanation for the decline in membership in labor unions in the United States?
a.) the increased political power of the republican party
b.) the high cost of union dues, relative to the lower wages
c.) the increase in the number of women employed int he manufacturing sector
d.) the increase in service jobs coupled with higher unemployment
e.) new constitutional amendments making more difficult to unionize workers
4.) When the managerial system of a corporation are integrated on a global basis, and higher managers are very mobile among the countries in which it operates, it is an example of
a.) family capitalism
b.) managerial capitalism
c.) an ethnocentric transnational
d.) a polycentric transnational
e.) a geocentric transnational.
5.) Billions of bits of information stored in computers, tracking an endless stream of currency exchanges, credit card transactions, insurance plans, and the buying and selling of stocks and bonds make up the _________ according to Richard Barnet and John Cavanagh.
a.) global cultural bazaar
b.)global shopping mall
c.) global workplace
d.) global financial network
e.) global positioning satellite
6.) Although some large corporations are still strongly centralized bureaucracies based in the united states, most today are
a.) smaller than they used to be
b.) more like an "enterprise web," with decentralized operations across the globe.
c.) investigating in factories and equipment in the united states that produce tangible products.
d.) all of the above
e.) none of the above