Ethical Business Practices Quiz

Which of the following is an example of honesty and transparency in business practices?

• Falsifying financial reports

• Reporting financial results honestly

• Ignoring environmental regulations

• Making false claims in marketing

What is a principle of fair treatment in ethical business practices?

• Favoring one group over another

• Treating all employees and customers with fairness and respect

• Using misleading information

• Ignoring laws and regulations

Which practice involves protecting sensitive information and maintaining confidentiality?

• Social Responsibility

• Deception and Misrepresentation

• Respect for Confidentiality

• Non-compliance with Laws

What is an example of unethical business practice related to discrimination?

• Implementing fair hiring practices

• Supporting charitable causes

• Favoring one group over another based on non-job-related criteria

• Securing customer data

Which of the following is a principle of social responsibility in business?

• Engaging in practices that contribute positively to society

• Using false information to deceive stakeholders

• Ignoring laws and regulations

• Making false claims about a product

What is a breach of confidentiality?

• Disclosing sensitive information without proper authorization or consent.

• Engaging in practices that exploit individuals.

• Making false claims to mislead customers.

• Using child labor in the supply chain.

Which of the following is an example of exploitation and harmful practices?

• Sharing customer information with third parties.

• Using child labor or unsafe working conditions.

• Advertising a product as 'clinically proven.'

• Disclosing sensitive information without consent.

What does misleading marketing involve?

• Making false or exaggerated claims to mislead customers.

• Engaging in practices that harm communities.

• Disclosing sensitive information without consent.

• Using unsafe working conditions.

According to TEKS, what are students expected to understand in business practices?

• Ethical standards, integrity, and social responsibility.

• Only legal compliance.

• Marketing strategies.

• Financial accounting.

What are ethical choices in business primarily guided by?

• Personal beliefs and values

• Cultural norms and practices

• Ethical principles or codes of conduct

• Legal requirements