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my commerce ethics quiz

Authored by Nanzelela Dube

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12th Grade

my commerce ethics quiz
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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the importance of business ethics in commerce?

Business ethics in commerce is important for building trust, enhancing reputation, reducing legal risks, and fostering a positive work environment.

Business ethics in commerce is irrelevant and unnecessary

Business ethics in commerce leads to decreased profits

Business ethics in commerce only benefits large corporations

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Explain the concept of corporate social responsibility (CSR) in business ethics.

Corporate Social Responsibility (CSR) in business ethics refers to the idea that companies should act in a socially responsible way by considering the impact of their activities on customers, employees, communities, and the environment.

Corporate Social Responsibility (CSR) is solely focused on benefiting shareholders

Corporate Social Responsibility (CSR) is not relevant in today's business environment

Corporate Social Responsibility (CSR) is only about maximizing profits

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Discuss the role of ethical leadership in maintaining business ethics.

Unethical leadership promotes dishonesty and corruption in business practices.

Ethical leadership has no impact on business ethics.

Business ethics can be maintained without ethical leadership.

Ethical leadership is essential for maintaining business ethics as it sets the example for employees to follow, fostering a culture of integrity and trust.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can businesses ensure ethical decision-making in their operations?

By bribing government officials to overlook unethical practices

By establishing a code of ethics, providing ethics training, promoting transparency, conducting audits, and fostering a culture of integrity.

By promoting a toxic work environment that encourages unethical behavior

By ignoring ethical considerations and focusing solely on profits

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Provide examples of ethical dilemmas that businesses may face in the commercial world.

Tax evasion

Environmental concerns, labor practices, bribery, discrimination, product safety, data privacy

Price fixing

Insider trading

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