Business Ethics
Flashcard
•
Business
•
12th Grade
•
Practice Problem
•
Hard
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1.
FLASHCARD QUESTION
Front
What is the primary purpose of laws and regulations in business?
Back
To ensure fairness and protect stakeholders
2.
FLASHCARD QUESTION
Front
Which of the following best describes the "spirit" of a law? Options: The technical requirements of the law, The broad intention behind the law, The letter of the law without exceptions, The penalty for violating the law
Back
The broad intention behind the law
3.
FLASHCARD QUESTION
Front
A company must comply with both state and federal laws. What is this an example of?
Back
Legal compliance
4.
FLASHCARD QUESTION
Front
Which of the following is an example of a regulation a business must follow?
Taxes on goods sold,
Ethical marketing standards,
Environmental protection laws,
Employee vacation policies
Back
Environmental protection laws
5.
FLASHCARD QUESTION
Front
When a company does not comply with the regulations, which of the following is the most likely consequence? They will receive a warning from the government, They will be fined or sued, They will be publicly praised for their innovation, They will be exempt from further scrutiny
Back
They will be fined or sued
6.
FLASHCARD QUESTION
Front
Which of the following is an example of active listening?
- Reading a text message while someone speaks
- Nodding and maintaining eye contact while the other person is talking
- Thinking of your response before the speaker finishes talking
- Checking your watch during a conversation
Back
Nodding and maintaining eye contact while the other person is talking
7.
FLASHCARD QUESTION
Front
Which of the following is a barrier to effective listening?
- Repeating back what someone says
- Focusing on the speaker’s words and tone
- Distractions in the environment
- Asking for clarification when needed
Back
Distractions in the environment
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