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Ch 3 Social Responsibility & Business Ethics

Total questions: 12

Worksheet time: 6mins

Name
Class
Date
1.

__________ refers to the duty of a business to contribute to the well-being of a community

a)

Conservation

b)

Social Responsibility

c)

Business Ethics

d)

Worker Protection

2.

Three levels of government

a)

Federal, State, Municipal

b)

International, Federal, State

c)

Federal, State, Local

d)

International, State, Local

3.

An agreement to exchange goods or services for something of value, usually money

a)

Taxes

b)

Contract

c)

Civil Case

d)

Trademark

4.

Give the inventory the sole right to make, use, or sell the item for 20 years.

a)

Invention

b)

Patent

c)

Trademark

d)

Copyright

5.

Rules about how businesses and their employees ought to behave

a)

Ethics

b)

Code of Ethics

c)

Business Ethics

d)

Social Responsibility

6.

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

a)

Social Responsibility

b)

Ethics

c)

Code of Ethics

d)

Business Ethics

7.

Which of the following is NOT one of the four areas of social responsibility?

a)

Employee Wellness

b)

Job Protection

c)

Contract Enforcement

d)

Environmental Protection

8.

Four parts of a contract

a)

Agreement, Competent Parties, Legality, Signature

b)

Agreement, Competent Parties, Consideration, Legality

c)

Legality, Consideration, Digital Signature, Competent Parties

d)

Signature, Agreement, Competent Parties, Consideration

9.

Enforces laws and government regulations

a)

Civil Case

b)

Judge

c)

Legal System

d)

Police

10.

Government Income

a)

Revenue

b)

Loans

c)

Credit Cards

11.

Prevents unfair business practices such as false advertising, deceptive pricing, and misleading labeling.

a)

Monopoly

b)

Antitrust Laws

c)

Legal System

d)

Corporate Police

12.

Exists when a business has control of the market for a product or service.

a)

Contract

b)

Monopoly

c)

Trademark

d)

Corporation