1. In discussions of business and society, why is there a tendency to focus on large rather than 1 answer below »

1. In discussions of business and society, why is there a tendency to focus on large rather than small- or medium-sized firms? Have the corporate ethics scandals of the early 2000s affected small- and medium-sized firms? If so, in what ways have these firms been affected?

2. What is the one greatest strength of a pluralistic society? What is the one greatest weakness? Do these characteristics work for or against business?

3. Identify and explain the major factors in the social environment that create an atmosphere in which business criticism takes place and prospers. Howare the factors related to one another?

4. Give an example of each of the four levels of power discussed in this chapter. Also, give an example of each of the spheres of business power.

5. Explain in your own words the iron law of responsibility and the social contract. Give an example of a shared understanding between you as a consumer or an employee and a firm with which you do business or for which you work. Was Congress justified in passing the Sarbanes-Oxley Act in 2002 due to the business scandals of the early 2000s?

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