WorksheetsBUSINESS ORGANIZATION AND MANAGEMENT
Total questions: 100
Worksheet time: 52mins
What's ethics all about?
An ethnic minority
A person who's a bit daft
Morally correct behavior
Making lots of money out of customers, bleeding them dry!
What jobs have unwritten codes of Ethics?
Professional Gamer
Teacher
Doctor
People who commit identity theft
unauthorized use of a trademark in a manner which is likely to cause confusion, deception or mistake about the source of goods or services
Trademark Infringement
Privacy Invasion
Policies and Regulations
Open Source
symbol which identifies a particular source of goods or services from others
Patent Infringement
Trademark
Non Disclosure Agreement
Laws
one of several public copyright licenses which enables the free distribution of an otherwise copyrighted work
Creative Common License
Defamation
Ethics
Intellectual Property Agreement
use of a patented invention without permission from the patent holder
Patent Infringement
Code of Ethics
Fair Use
Laws
property (as an idea, invention or process) that derives from the work of mind or intellect
Defamation
Fair Use
Intellectual Property Agreement
Intellectual Property
any copying of copyrighted material done for a limited and transformative purpose, such as to comment upon, criticize or parody
Intellectual Property
Fair Use
Laws
Patent
What is Copyright Infringement?
using someone work without permission
copying of someone work
liking someone's work
a picture of someones work
An unethical business practice when service providers are guilty of charging more than the actual price for the services given
MISLEADING ADVERTISEMENTS
OVERBILLING
MAKING FALSE CLAIMS
CUSTOMER SERVICE FAILURE
A core principle of business ethics where there is the exercise of compassion and sincere concern for others.
honesty
integrity
caring
respect
A core principle of business ethics wherein managers act with impartiality in all their transactions and do not exercise their power for their own personal advantage.
FAIRNESS
ACCOUNTABILITY
INTEGRITY
HONESTY
An unethical business practice showing poor customer service like failure to replace a damaged product or serving a warranty
ACCOUNTING MANIPULATIONS
MAKING FALSE CLAIMS
ACCOUNTING MANIPULATION
CUSTOMER SERVICE FAILURE
A component of the code of ethics wherein all legal requirements of the code should be met. Any licensing requirements, including but not limited to reporting of financial statements, should be done.
COMPLIANCE
VALUES
MANAGEMENT SUPPORT
PRINCIPLES
Having high level of ________ means that the company has earned the trust of its stakeholders because it has been consistent in all of its actions, decisions, and character.
HONEST
INTEGRITY
LOYALTY
RESPECT
Being ethical also means that employees should strive to achieve excellence in all their tasks.
INTEGRITY
BEING A LEADER
HONESTY
EXCELLENCE
Business organizations should comply with reportorial requirements as mandated by government for ethical practices.
TRUE
FALSE
Company property or assets are for business purposes and not for personal use
TRUE
FALSE
Employees should use communication infrastructure properly and appropriately
TRUE
FALSE
How can a company benefit from the ethical practices of its employees?
What are moral principles that governs behavior?
facts
ethics
codes
social responsibilities
What is a guide of principles designed to help professionals conduct business honestly and with integrity?
resume
coat of arms
social responsibility
code of ethics
Choose 3 that are part of the 5 points of ethics? Choose all that apply.
Integrity
communication
professional behavior
confidentiality
collaboration
Choose 3 factors that influence business ethics:
Individual moral and values
Opportunity...code of ethics and compliance requirements
competition
Managers and coworkers influence
Choose 3 that are ethicals issues in business:
misuse of company time
profit margin
conflict of interest
abusive and intimidating behavior
When a company contributes to society in a positive way, this is called
ethics
social responsibility
code of ethics
social studies
What is the number one cause of unethical behavior in business?
bad morale
social responsibility
employee turnover
overly aggressive financial goals
Which one is NOT a good way to improve ethical behavior in business?
code of ethics
more authoritarian management style
training
promote whistle-blowing
Which is the 3 main factors that influence ethics in business?
code of ethics, religion, gender
self-discipline, autonomy, mastery
individual morals & values, social responsibility, profit margin
individual morals & values, coworker's influence, opportunity
Which is NOT a good question to consider if you are deciding if something is ethical or unethical?
Are there any potential legal restrictions or violations?
Does your company have a code of ethics or policy against it?
Would the activity be accepted by your coworkers?
Will it make the company more profitable?
THIS IS AN ORGANIZED EFFORT TO PRODUCE GOODS OR SERVICES
BUSINESS
SERVICES
SERVICE BUSINESS
RETAILERS
The day-to-day activities for continued business functioning.
Operations
Customer Relations
Finance
Human Resources Management
Production
The economic process or activity of producing goods and services
The process of coordinating resources in order to accomplish an organization's goals
An organized effort to produce and/or distribute goods and services.
Ethics is
The basic principles that govern your behavior
An established set of rules
Defined as the moral or ethical problems that can arise in a business setting; and any special duties or obligations that apply to people who are engaged in business.
The lines of authority in an organization, who reports to whom
Chain of command
Delegation
Authority
Accounting
When a business keeps and interpret financial records.The process of gathering, recording, organizing, and reporting financial data
ACCOUNTING
HUMAN RESOURCES MANAGEMENT
MARKETING
BUSINESS ETHICS
Responsibility to Employees:
Value, Honesty, and Communication with Customers.
Creating Jobs that Work.
Fair Stewardship and Full Disclosure with Investors.
Give them reasonable salary
What is corporate responsibility.
Polluting
Not giving back to the community.
Doing business to meet the needs of the current generation, without harming the ability of future generations.
Business contributions to the community.
Carbon footprint refers to the amount of non harmful greenhouse gasses.
False
True
Which of the following is not considered a stakeholder?
employees
investors
company
customers
Producing high-quality products is an example of what?
legal and illegal
legal and unethical
illegal and unethical
legal and ethical
Social responsibility is a broader concept than (a) Responsibility.
An organization must behave as a good citizen. This is an example of the responsibility towards:
a. Owners
b. workers
c. Society
d. Government
Right to information about the products produced is the responsibility towards which interest group?
a)Employees
b) government
c) consumer
d) shareholders
“it is the concept of highest goal as ‘ services to society’ when a firm stand in a long run and earn maximum profits”. This statement relates to one of the arguments for society responsibility.
a) Maintenance of society
b) availability of resources
c) long term interest
d) better environment
Business people have the skills to solve:
a. All social Problems
b. some Social problems
c. No any Social problem
d. All economic problems
To generate more employment opportunities is the social responsibility of business towards _____________________________
society
customer
shareholder
Kuch bhi nahi
Social responsibility is:
Same as legal responsibility
Broader than legal responsibility
Narrower than legal responsibility
None of these.
CSR stand for ____
Corporate Society Responsibility
Company Society Responsibility
Corporate Social Responsibility
Company Social Responsibility
In India, the concept of CSR is governed by Clause ____ of the Companies Act, 2013.
135
145
125
130
Which of the following can explain the need for pollution control:
Cost Savings
Reduced risk of liability
Reduction of health hazards
All of the above
Which responsibility of the business is not the responsibility of the business to the government:
Following the pollution laws as set by the government
Establishment of the industrial undertaking as per the government norms
Providing after-sales service
Payment of the fees, tax, surcharge, etc. with honesty.
Which work is ethical:
Adulteration in goods
Selling of duplicate goods with brand names
Exploitation of the employees
Honesty in dealing with customers.
Which one of the following is the social responsibility of the business:
Giving fair return to the investors
Fair remuneration
Consumer based production
All of the above.
Which of the followings justifies the existence and growth of the business:
Maximum service to society
Charging high margin
Selling adulterated goods at a heavy discount
Avoiding government regulation
Which of the following is not an argument for Social Responsibility?
Avoidance of Government Regulation
Better Environment for doing business
Long-term interest of the firm
Burden on consumer
Which one of the below initiatives was not taken by TATA Motors as CSR activity?
Arogya
Vidyadhanam
Kaushalya
Vasudha
What is the best ethical choice when dealing with angry customers?
Being short with the customer and telling them you are right and to deal with it.
Being patient and work out a compromise with the customer.
Give the customer everything they want
Define Ethics
Simple moral principle system to better yourself and company
Being nice
A word I heard a couple times in Intro to Buisness
Hard way to deal with other people when a problem occurs
Ethics is used EVERYWHERE in your life
False
True
In order to make the right ethical decision you should,
(a)
Check ALL the ways to take responsibility when you ruin someone else's item
Run away asap
Leave a note for the owner with personal information
Upfront apologize and pay them money to fix the item
Blame it on another person
Make up excuses why you should not have to pay for it
Social responsibility is
(a)
What is something you can do to be more socially responsible?
Telling other people to do more for the community but not doing anything yourself
Nothing
Buying people things
Giving back to your community and participate in an event to benefit others(or start your own)
If you were a boss of a company, would you establish a reward system or a penalty system?
Yes
No why would I? The customer is always right
Maybe a penalty system but not a reward system
