Business Ethics Quiz 1-2

What does corporate governance primarily aim to ensure in a business?

• Rapid decision-making

• Employee productivity

• Transparency and accountability in decision-making

• Higher profitability

Which of the following is NOT a fundamental aspect of fair treatment of employees?

• Equal opportunities

• Safe working conditions

• Biased hiring practices

• Fair compensation

Environmental responsibility in business ethics focuses on:

• Increasing product prices

• Minimizing environmental impact

• Maximizing resource use without concern for impact

• Reducing consumer protection standards

Consumer protection includes which of the following practices?

• Misleading advertisements

• Providing clear, honest product information

• Ignoring product safety standards

• Offering complex return policies

Data privacy in business ethics primarily deals with:

• Offering discounts to customers

• Protecting personal data from misuse

• Sharing customer information with third parties

• Minimizing customer complaints

What ethical concern is associated with the use of Artificial Intelligence (AI) in business?

• Improved customer satisfaction

• Employment displacement

• Increased transparency in all decisions

• Reduced efficiency in processes

Which concept promotes fairness and equality by encouraging diverse and inclusive work environments?

• Whistleblowing

• Data privacy

• Diversity and inclusion

• Corporate governance

Corporate Social Responsibility (CSR) involves a business’s commitment to:

• Maximizing profits only

• Reducing customer engagement

• Positively impacting the community and society

• Enhancing employee surveillance

Whistleblowing is important in business ethics because it:

• Discourages transparency in corporate culture

• Allows reporting of misconduct without fear of retaliation

• Improves employee productivity without accountability

• Increases corporate profits

Which of the following is a risk when AI is used unethically in business?

• Enhanced equality in employment

• Algorithmic biases

• Lower data security needs

• Increased employee wages