Intro to Business Ch 4 Review

What is another word for ethics?

• Dishonesty

• Recycling

• Integrity

• Cheating

Which might indicate that a company is not operating according to ethical standards?

• Employees are treated fairly

• The government investigates the company's accounting practices

• Employees are paid equal for the same job

• Employees have a clean working environment

Which is true of ethics in business?

• Everyone is ethical nowadays

• Everyone agrees to the same code of ethics

• Companies are not interested in ethics training

• Sometimes laws are needed to uphold ethics

Which one is a characteristic of a sweatshop?

• 8 hours a day

• Competitive Wages

• unhealthy and unsafe conditions

• Snacks provided

Which is one result of the Triangle Shirtwaist Fire

• Overcrowded conditions

• A famous tragedy

• Recycling

• New laws making sweatshops safer

Which is a consequence of unethical business practices?

• Having a well trained employee

• Employees showing up on time

• Losing employees

• Employees work there for a long time period

How might an employer treat an employee unfairly?

• Provide good training

• Encourage the employee to leave

• Offer competitive wages

• Offer great health insurance

Which is a good way for an employer to handle a decision that leads to conflict of interest?

• Get upset and yell at the employees

• Ignore and cover up the problem and look out for themself

• Fix the problem as soon as the employer realizes the mistake

• Pay someone to cover up the problem

Which is NOT an example of how you can be socially responsible?

• Promote recycling in the workplace

• Consider ethics only when necessary

• Volunteer for a cause that interests you

• Treat others well

What does FTC stand for?