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Ch. 5: Business & Social Responsibility (POM)

Total questions: 25

Worksheet time: 13mins

Name
Class
Date
1.

Efforts to protect the public from unsafe products and deceptive business practices is called

a)

Capitalism

b)

Communism

c)

whistle blowing

d)

consumerism

2.

Lumberjacks and fishermen are examples of

a)

marketers

b)

manufacturers

c)

extractors

d)

eco-friendly occupations

3.

Organizations that are part of national, state, or local governments are known as the

a)

politicians

b)

private sector

c)

non-profit organizations

d)

public sector

4.

Those who buy from or sell to one another for business purposes

a)

industrial market

b)

public market

c)

private market

d)

public sector

5.

A process in which construction workers, farmers, and ballet dancers all participate

a)

sales

b)

marketing

c)

production

d)

management

6.

Managing money in also known as

a)

investing

b)

saving

c)

finance

d)

discounting

7.

Guidelines for honest and fair actions

a)

capitalism

b)

rules & regulations

c)

ethics

d)

consumerism

8.

Unpaid time away from a job to cope with births, deaths, and family illness without threat of job loss is called

a)

vacation

b)

sick leave

c)

family leave

d)

mental health leave

9.

A need for industrial goods that is created by consumers' needs and wants

a)

industrial market demand

b)

cause & effect

c)

derived demand

d)

supply & demand

10.

Accomplishing business goals by using resources wisely

a)

ownership

b)

consumerism

c)

capitalism

d)

management

11.

How would you describe a company that voluntarily commits some of its income to helping the community?

a)

socially responsible

b)

ethical

c)

consumer oriented

d)

nonprofit organizations

12.

Which government agency limited the use of chlorine as a pesticide to trained professionals?

a)

Occupational Safety & Health Administration

b)

Environmental Protection Agency

c)

Federal Trade Commission

d)

Consumer Product Safety Commission

13.

A physical therapist who works in a private orthopedic clinic is part of what segment of the industrial market?

a)

business and professional services

b)

retailers

c)

institutions and non-profit organizations

d)

wholesalers

14.

Employee turnover is usually reduced significantly when employers provide what benefit?

a)

preferred parking

b)

on-site child care

c)

base + commission salary

d)

paid vacations

15.

What is the term for distributors who obtain goods from manufacturers and sell the goods to other industrial users?

a)

retailers

b)

managers

c)

support staff

d)

wholesalers

16.

Lloyd is an interior decorator who specializes in creating displays for corporate businesses. In his work, Lloyd is involved in the business function called ______________________ .

a)

ethics

b)

production

c)

extraction

d)

pricing

17.

Samantha owns the Home Plate, which is a business that sells everything related to softball & baseball. Samantha belongs to the _________________ segment of the industrial market.

a)

non-profit

b)

wholesale

c)

retail

d)

public

18.

The directors of Future Leaders Academy use the income raised from tuition fees to pay teacher and staff salaries, buy materials, and maintain the school. All remaining money is used to assist local family health clinics. The preschool's financial practices indicate that it is a(n) __________________ organization.

a)

non-profit

b)

retail

c)

industrial

d)

public

19.

Libraries that are supported by taxes and are not associated with universities or similar institutions are said to be part of the __________________ sector.

a)

private

b)

industrial

c)

public

d)

educational

20.

____________________ is the business activity that organizes and controls a company's resources, labor, and capital.

a)

Manufacturing

b)

Management

c)

Marketing

d)

Pricing

21.

A company that is nationally known for helping families cope when children have cancer is ___________________ .

a)

Taco Bell

b)

Carl's Jr.

c)

YMCA

d)

McDonalds

22.

If a company's product is found to be impure or unsafe, the company is ethically obligated to _________________ the product from sale.

a)

reintroduce

b)

resell

c)

reboot

d)

recall

23.

DeAndre is a certified public accountant who specializes in tax preparation for health care facilities. DeAndre is part of the _________________ services segment on the industrial market.

a)

business

b)

employee

c)

corporate

d)

public

24.

One of the country's best-known supporters of consumerism is _______________________ , the author of Unsafe at Any Speed and a candidate for U.S. President in the year 2000.

a)

Donald Trump

b)

Barack Obama

c)

Ralph Nader

d)

Ronald McDonald

25.

Charitable institutions, like the YMCA, American Cancer Society, and the Red Cross are classified as ___________________ organizations.

a)

non-profit

b)

ethical

c)

public

d)

industrial