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Chapter 4: Social Responsibility of Business and Government

Total questions: 45

Worksheet time: 21mins

Name
Class
Date
1.

An example of a non-renewable resource would be:

a)

solar energy

b)

Gold

c)

agricultural products

d)

a library book

2.

The Americans with Disabilities Act (ADA) requires that a company:

a)

provide training to people with disabilities

b)

find ways to help workers who are physically challenged

c)

hire a certain number of people with special needs

d)

adapt products manufactured for special-needs customers

3.

A code of ethics is designed to:

a)

meet government regulations

b)

reduce operating costs of a company

c)

provide guidelines for proper behavior

d)

improve employee productivity

4.

International trade with other countries is the responsibility of state and local governments.

a)

True

b)

False

5.

An oral contract can be legally binding.

a)

True

b)

False

6.

Fire and police protection is the main responsibility of:

a)

local government

b)

state government

c)

federal government

d)

all levels of government

7.

A _?_ would protect the composer’s musical score.

a)

patent

b)

trademark

c)

Copyright

d)

Contract

8.

Antitrust laws are designed to:

a)

reduce utility rates

b)

lower taxes

c)

create more jobs

d)

maintain competition

9.

A(n) _?_ tax is a common source of revenue for state and local governments.

a)

sales

b)

import

c)

gift

d)

unemployment

10.

A monopoly is never a benefit to consumers.

a)

True

b)

False

11.

Fire Protection is a public service provided by the government. Is it the federal, state, or local government that would most likely have the responsibility for the service. (Some services may be provided by more than one level of government.)

a)

Federal government

b)

State government

c)

Local government

d)

Federal and State government

12.

Education is a public service provided by the government. Is it the federal, state, or local government that would most likely have the responsibility for the service. (Some services may be provided by more than one level of government.)

a)

Federal government

b)

State government

c)

Local government

d)

Local and State government

13.

Parks and recreation is a public service provided by the government. Is it the federal, state, or local government that would most likely have the responsibility for the service. (Some services may be provided by more than one level of government.)

a)

Federal government

b)

State government

c)

Local government

d)

Federal, State and Local government

14.

Water Supply is a public service provided by the government. Is it the federal, state, or local government that would most likely have the responsibility for the service. (Some services may be provided by more than one level of government.)

a)

Federal government

b)

State government

c)

Local government

d)

State and Local government

15.

Highways between cities is a public service provided by the government. Is it the federal, state, or local government that would most likely have the responsibility for the service. (Some services may be provided by more than one level of government.)

a)

Federal government

b)

State government

c)

Local government

d)

Federal and State government

16.

Assistance to low-income families is a public service provided by the government. Is it the federal, state, or local government that would most likely have the responsibility for the service. (Some services may be provided by more than one level of government.)

a)

Federal government

b)

State government

c)

Local government

d)

Federal and State government

17.

Sewage and trash disposal is a public service provided by the government. Is it the federal, state, or local government that would most likely have the responsibility for the service. (Some services may be provided by more than one level of government.)

a)

Federal government

b)

State government

c)

Local government

d)

State and Local government

18.

Public buses is a public service provided by the government. Is it the federal, state, or local government that would most likely have the responsibility for the service. (Some services may be provided by more than one level of government.)

a)

Federal government

b)

State government

c)

Local government

d)

Federal and State government

19.

Police protection is a public service provided by the government. Is it the federal, state, or local government that would most likely have the responsibility for the service. (Some services may be provided by more than one level of government.)

a)

Federal government

b)

State government

c)

Local government

d)

State and Local government

20.

Public libraries is a public service provided by the government. Is it the federal, state, or local government that would most likely have the responsibility for the service. (Some services may be provided by more than one level of government.)

a)

Federal government

b)

State government

c)

Local government

d)

Federal and State government

21.

Street maintenance is a public service provided by the government. Is it the federal, state, or local government that would most likely have the responsibility for the service. (Some services may be provided by more than one level of government.)

a)

Federal government

b)

State government

c)

Local government

d)

State and Local government

22.

National defense is a public service provided by the government. Is it the federal, state, or local government that would most likely have the responsibility for the service. (Some services may be provided by more than one level of government.)

a)

Federal government

b)

State government

c)

Local government

d)

Federal and Local government

23.

Principles of morality or rules of conduct.

a)

copyright

b)

ethics

c)

monopoly

d)

non-renewable resource

24.

The obligation of a business to contribute to the well-being of a community.

a)

non-renewable resource

b)

patent

c)

public utility

d)

social responsibility

25.

Rules about how businesses and their employees ought to behave.

a)

business ethics

b)

code of ethics

c)

contract

d)

copyright

26.

A natural resource, such as gas, coal, copper, or iron ore, that cannot be replaced once it is used up.

a)

copyright

b)

ethics

c)

monopoly

d)

non-renewable resource

27.

A statement of values and rules that guides the behavior of employees or members of an organization.

a)

business ethics

b)

code of ethics

c)

contract

d)

copyright

28.

A business that supplies a service or product vital to all people; the price charged for the service (or product) is determined by government regulation rather than by competition.

a)

patent

b)

public utility

c)

social responsibility

d)

trademark

29.

Laws designed to promote competition and fairness and to prevent monopolies.

a)

antitrust laws

b)

business ethics

c)

code of ethics

d)

contract

30.

Protection of the work of authors, composers, and artists.

a)

business ethics

b)

code of ethics

c)

contract

d)

copyright

31.

An agreement to exchange goods or services for something of value.

a)

contract

b)

copyright

c)

ethics

d)

monopoly

32.

The exclusive right given to a person to make, use, or sell an invention for a period of 20 years.

a)

ethics

b)

monopoly

c)

non-renewable resource

d)

patent

33.

A word, letter, or symbol associated with a specific product or company

a)

patent

b)

public utility

c)

social responsibility

d)

trademark

34.

A business that has complete control of the market for a product or service.

a)

ethics

b)

monopoly

c)

non-renewable resource

d)

patent

35.
Which of the following refers to the duty of a business to contribute to the well-being of a community?
a)
workplace diversity
b)
social responsibility
c)
code of ethics
36.
A code of ethics is designed to
a)
improve employee productivity
b)
meet government regulations
c)
provide guidelines for proper behavior
37.
Which of the following is business dealings involving companies in more than one state?
a)
interstate commerce
b)
intrastate commerce
38.
Which of the following must be included in order for a contract to be valid and enforceable?
a)
consideration
b)
regulation
c)
code of ethics
39.
Which of the following gives the inventor the sole right to make, use, or sell the item for 20 years?
a)
trademark
b)
patent
c)
copyright
40.
An oral contract can be legally binding.
a)
True
b)
False
41.
Which of the following is an organization that supplies a service or product vital to all people?
a)
antitrust laws
b)
public utility
c)
monopoly
42.
Which of the following is a word, letter, or symbol linked with a specific company or product?
a)
copyright
b)
patent
c)
trademark
43.
Copyright protection lasts for 
a)
20 years
b)
the life of the copyright holder, plus 70 years after his/her death
c)
50 years
44.
Which of the following refers to business dealings involving companies that do business in only one state?
a)
interstate commerce
b)
intrastate commerce
45.
Which of the following is an agreement to exchange goods or services for something of value, usually money?
a)
contract
b)
legality
c)
regulation