Business Ethics and Social Responsibility
Quiz
•
Business
•
12th Grade
•
Practice Problem
•
Easy
Reallyn Mores
Used 3+ times
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35 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which of the following is NOT a form of business organization?
Sole proprietorship
Partnership
Corporation
Monopoly
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A sole proprietorship is characterized by:
Limited liability
Single ownership
Double taxation
Board of directors
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which form of business organization is owned by shareholders?
Partnership
Corporation
Sole proprietorship
Cooperative
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which of these is an example of a corporation in your locality?
A local bakery owned by a family
A multinational fast-food chain
A neighborhood grocery store
A freelance graphic designer
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which business organization form is most suitable for a small family-owned restaurant?
Corporation
Partnership
Sole proprietorship
Franchise
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
In terms of business ethics, fairness relates to:
Equal treatment of all stakeholders
Maximizing profits at any cost
Ignoring employee concerns
Reducing transparency
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Accountability in business ethics means:
Taking responsibility for one's actions
Passing blame to others
Avoiding decision-making
Focusing solely on profits
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