Business Ethics Video Quiz

What does it mean for a business to be ethical?

• Operating in a way that is fair to employees, suppliers, customers, and the environment

• Operating within the legal requirements

• Maximizing profits at all costs

• Ignoring the impact on employees, suppliers, customers, and the environment

How can a business treat their employees well?

• Providing a safe working environment and fair wages

• Paying the minimum wage and offering no additional benefits

• Ignoring employee needs and concerns

• Focusing solely on employee productivity

Which company is known for its employee satisfaction?

• Google

• Starbucks

• Lush

• None of the above

How can a business act ethically towards its suppliers?

• Paying fair prices and making payments on time

• Exploiting suppliers for maximum profit

• Using materials from unethical sources

• Ignoring supplier needs and concerns

What does the fair-trade logo on packaging indicate?

• The business has paid the grower fairly for the product

• The product is of high quality

• The business is part of a fair-trade organization

• The product is environmentally friendly

Which company has an ethical buying policy and sources ethically produced materials?

• Lush

• Google

• Starbucks

• None of the above

Why is paying fair share of taxes important for a business?

• To be seen as ethical and avoid negative reputation

• To maximize profits by avoiding tax payments

• To take advantage of legal loopholes

• To support government initiatives

What are the financial benefits of being an ethical business?

• Improved public opinion, better brand image, and increased customer loyalty

• Lower costs and higher profits

• No financial benefits, only ethical benefits

• Decreased customer loyalty and negative brand image