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1.3 Key Terms Quiz

Authored by r T

Social Studies

12th Grade

Used 1+ times

1.3 Key Terms Quiz
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does CSR mean in a business context?

Decisions and actions that impact society positively

Only actions to increase profit

Legal obligations to shareholders

Short-term business tactics

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an ethical code of practice?

A guide outlining acceptable behaviors for stakeholders

A marketing plan for the business

A set of financial targets

Company mission and vision statements

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Ethical objectives refer to:

Goals based on moral guidelines

Targets to maximize profit

Short-term tactical goals

Government regulations

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are ethics in business?

Moral guidelines for good behaviour

Financial targets

Legal documents only

Marketing strategies

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In business, what does growth refer to?

Increase in size and operations

Only increasing profit

Employee satisfaction

Reducing costs

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a mission statement?

Declaration of purpose and identity

Long-term financial plan

Short-term tactical plan

A legal document

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Business objectives are:

Clearly defined targets to achieve business aims

The company’s mission statement

Only profit-related goals

Random daily decisions

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