Chapter 4 Lesson 1 Post Test

Which of the following is a Voluntary Responsibility?

• Being Ethical; Doing what's right, and fair; Avoiding Harm

• Being a good corporate citizen; Contributing to the community and quality of life

• Obeying the law; Adhering to society's definition of what's right and wrong; Playing by the rules of the game

• Being profitable

Which of the following is an Ethical Responsibility?

• Being Ethical; Doing what's right, and fair; Avoiding Harm

• Being a good corporate citizen; Contributing to the community and quality of life

• Obeying the law; Adhering to society's definition of what's right and wrong; Playing by the rules of the game

• Being profitable

Which of the following is a Legal Responsibility?

• Being Ethical; Doing what's right, and fair; Avoiding Harm

• Being a good corporate citizen; Contributing to the community and quality of life

• Obeying the law; Adhering to society's definition of what's right and wrong; Playing by the rules of the game

• Being profitable

Which of the following is an Economic Responsibility?

• Being Ethical; Doing what's right, and fair; Avoiding Harm

• Being a good corporate citizen; Contributing to the community and quality of life

• Obeying the law; Adhering to society's definition of what's right and wrong; Playing by the rules of the game

• Being profitable

The duty of a business to contribute to the well-being of a community is called:

• Ethics

• Social responsibility

• Business ethics

• Code of ethics

Principles of morality or rules of conduct are called:

• Ethics

• Social responsibility

• Business ethics

• Code of ethics

Rules about how businesses and their employees ought to behave are called:

• Ethics

• Social responsibility

• Business Ethics

• Code of Ethics

A set of rules for guiding the actions of employees or members of an organization is called:

• Ethics

• Social responsibility

• Business ethics

• Code of ethics

A natural resource that cannot be replaced when used up such as oil, natural gas, coal, nuclear energy, and minerals such as copper and iron ore is called:

• Non-renewable resource

• Scarce resource

The following are social responsibility issues businesses face except:

• Environmental Protection

• Workplace Diversity

• Job Safety

• Employee Wellness

• All of the above are social responsibility issues.