Intro to Business Chapter 4 Assessment Review

An example of a nonrenewable resource would be

• solar energy

• gold

• agricultural products

• a library book

The Americans with Disabilities Act (ADA) requires that a company

• provide training to people with disabilities

• find ways to help workers who are physically challenged

• hire a certain number of people with special needs

• adapt products manufactured for special needs customers

A code of ethics is designed to

• meet government regulations

• reduce operating costs of a company

• provide guidelines for proper behavior

• improve employee productivity

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

• ethics

• business ethics

• social responsibility

• none of the above

Ethics are also referred to as principles of morality or rules of conduct.

• True

• False

If one of the owners of a company persuades the other owners to only buy supplies from a supplier that he is part owner of, this is considered to be a (an)

• ethical dilemma

• conflict of interest

• code of conduct

• none of the above

Safety standards are regulated and enforced by

• Americans with Disabilities Act

• Occupational Safety and Health Administration

• none of the above

Which of the following is NOT a role of government/

• regulate utilities and promote competition

• raise revenue

• provide information to support business

• create monopolies

Business dealing involving companies in more than one state is called

• intrastate commerce

• interstate commerce

An agreement to exchange goods or services for something of value, usually money is called a

• civil case

• criminal case

• contract