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Ch. 4 Social Responsibility of Business and Government

Total questions: 40

Worksheet time: 20mins

Name
Class
Date
1.

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

2.

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

3.

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

a)

True

b)

False

4.

True or False. An verbal contract can be legally binding.

a)

True

b)

False

5.

Fire and police protection is the main responsibility of

a)

local government

b)

state government

c)

federal government

d)

all levels of government

6.

A ______ would protect the rapper's new hit single.

a)

patent

b)

trademark

c)

copyright

d)

contract

7.

Antitrust laws are designed to

a)

reduce utility rates

b)

lower taxes

c)

create more jobs

d)

maintain competition

8.

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

a)

sales

b)

import

c)

gift

d)

unemployment

9.

True or False. A monopoly is never a benefit to consumers.

a)

True

b)

False

10.

To be valid and enforceable, contracts must be in writing and signed by both parties.

a)

True

b)

False

11.

A logo is a trademark linked with a specific company or product.

a)

True

b)

False

12.

Government income is called revenue.

a)

True

b)

False

13.

The duty of a business to contribute to the well-being of a community

a)

Social responsibility

b)

Conservation

c)

Compassion

d)

Environmental consciousness

14.

Starbucks providing healthcare to their coffee farmers around the world is an example of

a)

Social responsibility

b)

Environmental protection

c)

Workplace diversity

d)

Job safety

15.

Principles of morality or rules of conduct

a)

ethics

b)

business ethics

c)

work ethic

d)

social responsibility

16.

Rules about how businesses and their employees ought to behave

a)

business ethics

b)

work ethic

c)

antitrust laws

d)

human resources

17.

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

a)

nonrenewable resources

b)

renewable resources

c)

nonrenewable capital

d)

renewable elements

18.

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

a)

code of ethics

b)

human resources

c)

employee management

d)

social responsibility

19.

Laws designed to promote competition and fairness and to prevent monopolies

a)

antitrust laws

b)

monopoly laws

c)

code of ethics

d)

trademark

20.

Protection of the work of authors, composers, and artists

a)

copyright

b)

trademark

c)

ethics

d)

contract

21.

an agreement to exchange goods or services for something of value

a)

contract

b)

code of ethics

c)

patent

d)

social responsibility

22.

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

a)

patent

b)

trademark

c)

copyright

d)

monopoly

23.

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

a)

trademark

b)

copyright

c)

patent

d)

contract

24.

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

a)

monopoly

b)

copyright

c)

trademark

d)

antitrust laws

25.

Which of these services would not be considered a public utility

a)

Baldwin EMC

b)

Riviera Utilities

c)

Cox Cable

d)

Foley Police Department

26.

Your favorite music artist seeks to protect their new album from being replicated without their permission. Which of the following will be used?

a)

copyright

b)

trademark

c)

patent

d)

monopoly

27.

The owner of Touch Up Cup used what to protect the design of his product from being copied?

a)

patent

b)

copyright

c)

trademark

d)

contract

28.

The apple logo on the back of all Apple products is an example of a

a)

trademark

b)

copyright

c)

slogan

d)

patent

29.

Which of the following is NOT one of the four areas of social responsibility for businesses

a)

Government Regulation

b)

Environmental Protection

c)

Workplace Diversity

d)

Employee Wellness

30.

True or False. OSHA is the agency that encourages workplace diversity.

a)

True

b)

False

31.

Jamal allows his design team at Google to have Fridays off every week. This an example of which area of social responsibility?

a)

Employee Wellness

b)

Environmental Protection

c)

Workplace Diversity

d)

Job Safety

32.

True or False. Companies who take social responsibility seriously have a better public image.

a)

True

b)

False

33.

Which of the following is not a question to ask when writing a code of ethics?

a)

Is it legal?

b)

Does it violate company standards?

c)

Who is affected by the action?

d)

Is it convenient for the company?

34.

Matt owns a trucking company that delivers products all over the country. What level of government regulates his commerce?

a)

Federal

b)

State

c)

Local

d)

Judicial

35.

An airplane engine manufacturer in Mobile, AL receives electrical equipment from a company in Birmingham, AL. What type of commerce is this?

a)

Interstate Commerce

b)

Intrastate Commerce

c)

Local Commerce

d)

International Commerce

36.

Carson negotiating the terms of the contract with the Shark investors is best described as

a)

consideration

b)

competency

c)

agreement

d)

legality

37.

True or False. Carson's contract with the Sharks isn't valid until it's written down.

a)

True

b)

False

38.

Which of these is not a tax that the government collects from individuals or businesses?

a)

Income Tax

b)

Property Tax

c)

Sales Tax

d)

Tariff Tax

39.

Paying tax on a can of paint from Lowes is an example of which tax?

a)

sales tax

b)

property tax

c)

income tax

d)

tariff tax

40.

An example of a non-renewable resource would be

a)

solar energy

b)

gold

c)

agricultural products

d)

a library book