BUSI 100 Review Questions (from polls) with correct answers 100% 2026

BUSI 100 Review Questions (from polls) with correct answers 100% 2026 In 1970, Andrew Carnegie wrote an influential article in the New York Times arguing "there is one and only one social responsibility of business - to increase profits without description or fraud." - Correct Answer False The key argument in Friedman's essay is that the manager is the ___________ of the individuals who own the corporation and her primary responsibility is to them - Correct Answer agent Andrew Carnegie argues that the law of competition has resulted in several economic outcomes. Which of the following outcome does he not include? - Correct Answer The living conditions of the apprentice and the master are made more qual Ayn Rand notes "Money is a living power that dies without its root. Money will not serve the mind that cannot match it." Which other author have we read in class that also speaks about this idea of who is best fit to spend money? - Correct Answer Andrew Carnegie According to John Burr Williams, what do all prices ultimately depend on? - Correct Answer Someones estimate of future income If Milton Friedman were sailing the ship described in the Famine at Rhodes story, do you believe he is most likely to operate in accordance with the strategy given by Antipater or Diogenes? - Correct Answer Diogenes According to the PT Barnum reading, what is crucial for companies who sell products to the public? - Correct Answer Creating goods that are genuine and give satisfaction to consumers In the PT Barnum reading, the story of Genin, the hatter, illustrates the importance of ... - Correct Answer Being creative and noticeable in advertising In The Souls of Black Folk, W.E.B. Du Bois writes, "The keynote of the Black Belt is debt." What does he describe this debt to be? - Correct Answer The continued inability for the population to have their income cover their expenses