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Business Ethics

Total questions: 20

Worksheet time: 9mins

Name
Class
Date
1.

All unethical business practices are covered by the law.

a)

True

b)

False

2.

What is a consequence of good business ethics?

a)

Increase in demand

b)

High employee turnover

c)

Good word of mouth from customers

d)

Low employee turnover

3.

The beliefs, qualities, or standards that you consider important or desirable.

a)

Honestly

b)

Trust

c)

Code of Ethics

d)

Values

4.

Problems involving conflict between moral imperatives.

a)

Ethical Dilemas

b)

Honestly

c)

Reputation

d)

Scruples

5.

Treating employees fairly means the company is likely to show what turnover (employee retention) results?

a)

Moderate

b)

High

c)

Low

d)

Concentrated

6.

A feeling of responsibility or remorse for committing a wrong.

a)

Role Model

b)

Happy

c)

Guilt

d)

Trust

7.

This image is best an example of

a)

Ethical Decision Making

b)

Workplace Policy

c)

Social Responsibility

d)

Code of Ethics

8.

Conflict between self financial interest and professional obligation is called?

a)

Being irresponsible

b)

Conflict of interest

c)

Mixing business with pleasure

d)

Being unprofessional

9.

What is not considered unethical business practice?

a)

Training employees unfairly

b)

Treating employees unfairly

c)

Selling substandard product

d)

Lying about a price to make a bigger profit

10.

Which would describe the act of offering another money to agree to a business deal?

a)

Ethical behavior

b)

Conduct unbecoming

c)

Good business

d)

Unlawful bribery

11.

What is NOT a belief system? Belief system is ___________________

a)

A powerful force that affect lives of people

b)

Merely focus on religion

c)

Shaped and influenced by a number of different factors

d)

Formed through experiences, inferences, and accepting what others tell us to be true

12.

Who is known for his Nicomachean Ethics?

a)

Betham and Mill

b)

Plato

c)

Aristotle

d)

Socrates

13.

A person whose behavior, example, or success is emulated by others, especially by younger people.

a)

Scruples

b)

Role Model

c)

Ethical Dilemas

d)

Reputation

14.

If you work for an ethical, socially responsible company you will never be faced with an ethical issue or dilemma.

a)

True

b)

False

15.

Truthfulness, sincerity, or frankness.

a)

Values

b)

Trust

c)

Honestly

d)

Code of Ethics

16.

A set of rules for guiding the actions of employees or members of an organization.

a)

Mission Statement

b)

Social Responsibility Policy

c)

Corporate Ethics

d)

Code of Ethics

17.

A manager hires his wife's young nephew instead of hiring a more qualified applicant. This is

a)

Nepotism

b)

Cronyism

c)

Conflict of Interest

d)

Analysis

18.

Activities that individuals, groups, & organizations undertake to protect their rights as consumers.

a)

Ethical Issue

b)

Plagiarism

c)

Whistle blowing

d)

Consumerism

19.

Professional groups such as doctors, lawyers and teachers have their own code of ethics.

a)

True

b)

Flase

20.

Which of the following refers to the duty of a business to contribute to the well-being of a community?

a)

Workplace diversity

b)

Code of Ethics

c)

Laws and Regulations

d)

Social responsibility