Free Printable SGS Business 2.1.5 Ethics and Business

Worksheets

SGS Business 2.1.5 Ethics and Business

Total questions: 20

Worksheet time: 10mins

Name

Class

Date

What are the benefits of a company being known as ethical?

Impact on competitiveness

Enhances reputation

Value added

All of these

What is a stakeholder?

Someone who has an interest in the company

Someone who eats lots of meat

Someone who stabs people with sticks

A vampire slayer

What does CSR mean?

Company Social Reputation

Computer Security Regulations

Canine Secure Reality

Corporate Social Responsibility

Moral principles by which people conduct themselves personally, socially, and professionally.

integrity

ethics

code of conduct

social responsibility

Rules based on moral principles about how businesses and employees ought to conduct themselves.

Guidelines

Employee Handbook

Laws

Business Ethics

Which of the following is NOT one of the three types of ethics?

Environmental

Personal

Social

Professional

A shop or factory in which working are employed for long hours at low wages in unhealthy conditions.

School

Post Office

Sweatshop

The Gym

A conflict between self-interest and a professional obligation.

Obligation

Conflict of Interest

Problem Solving

Rule Enforcement

Which is NOT a step in the ethical decision making process?

Identify the ethical problem

Decide who will be affected

Select the best alternative

Choose the worst alternative

10.

Businesses are socially responsible to all of the following groups except...

Customers

Owners/Creditors

Vendors

Employees

11.

This law requires that men and women be payed equal wages for equal work.

Equal Pay Act

Equality in Wages Act

Equality for All Act

Pay Equality Act

12.

What is Fairtrade all about?

better prices and better working conditions

more trade for less money

less money for workers

less crops

13.

Who does Fairtrade really support?

The richest earners

The poorest earners

The crops

The countries wanting the crops

14.

What is a campaign?

Raising awareness of poor decision-making that has positive impacts on the environment.

A planned group of activities that are intended to achieve a specific aim.

15.

Who are Greenpeace?

Greenpeace is a pressure group, who aims to help to protect the environment.

Greenpeace is a pressure group, who aim to help to protect large companies from environmental impact.

16.

Which option is an example of a business behaving ethically?

Paying employees above the living wage

Buying non fair trade products rather than the fair trade alternative

Paying suppliers the lowest possible price for raw materials

Setting high retail prices as the only producer of an essential product

17.

Which statement best describes the term ethical behaviour? When a business behaves in a way that:

Is classed as morally wrong

Minimises costs

All stakeholders consider fair and honest

Maximises profits

18.

Which of the following behaviours by a car manufacturer could be classed as unethical?

Producing vehicles with high fuel consumption

Researching alternative, environmentally friendly, fuel types

Producing energy efficient hybrid cars

Researching new, advanced, vehicle safety features

19.

Businesses often face a trade-off between ethics and profit. Which is an example of a business prioritising ethics over profit?

Paying the lowest possible price for raw materials to increase profits

Paying a higher price for fair trade supplies at the expense of profit

Paying suppliers late to improve cash flow

Paying employees the lowest wage possible to increase profits

20.

Which two of the following are possible drawbacks to a business of behaving ethically?

Positive advertising

Higher costs

Motivated workforce

Easier to recruit new employees

May have to accept lower profits

Reset

SGS Business 2.1.5 Ethics and Business

Total questions: 20

Worksheet time: 10mins

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