PBMF Business Ethics Quiz

How do ethics in business help?

• They define appropriate behavior in a business setting

• They increase company profits

• They ensure employee satisfaction

• They reduce operational costs

What does integrity refer to?

• The honesty of a person's actions

• The ability to make decisions

• The level of intelligence

• The creativity of a person

Morals are an individual's idea of what?

• Success and failure

• Right and wrong

• Wealth and poverty

• Strength and weakness

Which of the following best describes ethics?

• Personal preferences.

• Rules of behavior based on right and wrong ideas.

• A scientific theory.

• A financial strategy.

What is a Code of Ethics?

• A document guiding how business should be conducted.

• A set of laws for business operations.

• A financial report of a company.

• A marketing strategy plan.

Morals guide what aspect of an individual?

• Financial decisions.

• Overall behavior.

• Physical health.

• Academic performance.

What question ensures the information used is accurate?

• Is the information factual and honest?

• Is the information entertaining?

• Is the information colorful?

• Is the information lengthy?

What is the purpose of a Code of Ethics in business?

• To guide how business should be conducted.

• To increase profits.

• To reduce employee numbers.

• To expand globally.

How does a Code of Ethics help in decision-making?

• By providing questions to analyze decisions.

• By offering financial advice.

• By suggesting marketing strategies.

• By predicting future trends.

Which aspect of an action is evaluated by asking if privacy is protected?

• Confidentiality.

• Profitability.

• Popularity.

• Complexity.