Business Ethics

Front

What is the primary purpose of laws and regulations in business?

Back

To ensure fairness and protect stakeholders

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

Front

A company must comply with both state and federal laws. What is this an example of?

Back

Legal compliance

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

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

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

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

Front

Active listening can help build trust in relationships by:

Back

Demonstrating attentiveness and empathy

Front

How can you show empathy in communication?

Back

Validate the feelings and perspective of the other person

Front

Which of the following behaviors demonstrates effective communication in a group setting? Speaking without considering others’ opinions, Interrupting frequently to offer your perspective, Listening actively and responding thoughtfully, Ignoring non-verbal cues

Back

Listening actively and responding thoughtfully