Corporate Class - Social Stratification - Quiz, Exercises for Sociology. Biju Patnaik University of Technology, Rourkela
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naghm11 January 2013

Corporate Class - Social Stratification - Quiz, Exercises for Sociology. Biju Patnaik University of Technology, Rourkela

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These are the important key points of quiz of Social Stratification are: Gender Inequality, Sociologists, Culturally Constructed, Female or Male, Women Mostly Work, Downsizing Tended, Increase, Sales Workers, Gender Gap,...
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Sociology 411

The Corporate Class: Seventh Quiz

True/False (Circle one): Five points each 1. T F Kerbo distinguishes the corporate class from the upper class by control,

rather than ownership, of the means of production 2. T F Kerbo reports (citing Useem), that the corporate class lacks the shared

interests, unity, organization, and power to qualify as a class 3. T F Kerbo reports that "the proportion of total corporate stock held by

individuals and families is declining steadily" 4. T F Kerbo and Hogan present data to indicate that large banking corporations

tend to be the top voting stock owners in other large banking corporation 5. T F Kerbo and Hogan report that corporate interlocks reduce competition and

represent outside influence over corporation 6. T F Kerbo's figure indicating the dense network of corporate interlocks is

focused on the interlocks from the largest petrochemical companies 7. T F Kerbo and Hogan report the characteristics of corporate inter-

organizational leaders, indicating that, unlike the upper class, they rarely belong to elite social clubs

8. T F Kerbo and Hogan report that corporate inter-organizational leaders rarely

represent corporate interests in foundations, universities, or governments Multiple Choice (circle one): ten points each 1. Kerbo reports that the U.S. corporation with the highest sales (in billions of dollars) a. was a bank b. was a petrochemical company c. was an auto manufacturer d. was Wal-Mart 2. Hogan presents the critique of the ruling class theory by comparing the upper and corporate

classes by a. class, status, and power

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b. interests, organization, and power c. wealth, family status, and authority d. occupation, authority, and power 3. Kerbo explains the rise of the corporate class as based on a. the size of major corporations and their ability to dominate the market b. the concentrated control of stock in major corporations by other corporations c. the network of interlocking directorates d. all of the above 4. Kerbo defines corporate interlocks as a. joint ownership of other corporation b. shared executive officers c. mutual stock ownership d. shared board members 5. Kerbo reports that inter-organizational leaders a. tend to have positions on multiple corporate boards b. tend to be on the boards of larger corporations c. often represent large banks on corporate boards d. all of the above 6. Kerbo explains that critical and functional elite theory a. disagree on the need for elites b. disagree on the existence of elites c. agree on the consequences of elites d. disagree on the question of present elite dominance

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