Ch. 4 Quiz

A major challenge facing businesses today involves learning how to manage a work force made up of the diverse cultures in society.

• True
• False

Socially responsible actions benefit employees and the community while costing the company nothing.

• True
• False

Top management has little impact on the ethical conduct of a business.

• True
• False

Larry's Trucking Company is located in Columbus, Ohio. The company delivers products to its sole customer, a factory in Toledo, Ohio, twice each day. Both the State of Ohio and the federal government are responsible for regulating the business actions of Larry's Trucking Company.

• True
• False

All written contracts are legal.

• True
• False

If you write an original song, your work can be protected with a copyright.

• True
• False

A public utility company, such as Ameren, is a company that is owned by the government.

• True
• False

Information the government collects in a census can help a business decide where most of its potential customers live.

• True
• False

Government is the single largest employer in the U.S. Economy.

• True
• False

These are principles of morality or rules of conduct.

• Customs
• Traditions
• Cultures
• Ethics