Civics Today Citizenship, Economics, & You

Chapter 22: Business and Labor

Self-Check Quizzes

1
The most common form of business organization in the United States is the _____.
A)nonprofit organization
B)corporation
C)partnership
D)sole proprietorship
2
One disadvantage of a corporation is _____.
A)the problem of raising enough capital
B)the difficulty of transferring ownership
C)double taxation
D)unlimited liability
3
An example of a nonprofit organization would be _____.
A)Ford Motor Company
B)the American Red Cross
C)Enron
D)Microsoft
4
Workers who perform the same skills would join _____.
A)industrial unions
B)guilds
C)master halls
D)trade unions
5
Negotations between labor and management that focus on wages and benefits are called ____.
A)mediation
B)arbitration
C)collective bargaining
D)injunctions
6
When a(n) ____ is called, all workers in a union refuse to go to work.
A)strike
B)injunction
C)boycott
D)seizure
7
State governments that ban union shops have _____ laws.
A)right-to-work
B)Taft-Hartley
C)National Labor Relations
D)collective bargaining
8
When management blocks workers from entering its buildings until they agree to contract terms it is called _____.
A)a strike
B)arbitration
C)a lockout
D)mediation
9
The requirement that corporations publish information on sales, expenses, and profits is called _____.
A)transparency
B)an open door policy
C)translucency
D)arbitration
10
Businesses are required to treat their workers without ____, which means that they cannot treat employees differently on the basis of race, religion, color, gender, age, or disability.
A)nepotism
B)racial profiling
C)discrimination
D)social responsibility
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