WorksheetsBAFIN CH 13
Total questions: 24
Worksheet time: 12mins
Name
Class
Date
1.
The study of appropriate business policies and practices regarding potentially controversial subjects.
a)
Business Ethics
b)
Ethical behavior
c)
Corruption
2.
It is a system of moral standards or values.
a)
Business Ethics
b)
Ethical behavior
c)
Corruption
3.
It refers to behavior that is generally accepted within a specific culture.
a)
Business Ethics
b)
Ethical behavior
c)
Corruption
4.
It entails, in addition to following the rule of law, attending to the values, norms, and concerns of both the home and host environment.
a)
Business Ethics
b)
Ethical behavior
c)
Corruption
5.
The following ethical challenges are more common in international business rather than domestic business:
a)
Dealing with diverse legal and moral contexts
b)
Different expectations from corporate players
c)
The need to accommodate diverse and often conflicting values and norms under the same corporate umbrella
6.
Giving or obtaining advantage through means which are illegitimate, immoral, and/or inconsistent with one’s duty or the rights of others.
a)
Business Ethics
b)
Ethical behavior
c)
Corruption
7.
It is the illegitimate exchange of power into material remuneration primarily on the part of the office holders who take advantage of their position to grant undeserving favors
a)
Business Ethics
b)
Ethical behavior
c)
Corruption
8.
Developed economies are more prone to corruption.
a)
True
b)
False
9.
Eight key elements of reform in the anti- corruption fight (E, T, P/C, P, J, C, C, L) (kung tamad mo i-type lahat, lagay mo nalang "k")
(a)
10.
Actions that governments take to cover the systems in the many areas of government interventions into the economy.
a)
Economic policy
b)
Trasparency
c)
Public sector/civil service reform
d)
Public finance
11.
A situation in which information about a decision-making process is made publicly available and can easily be verified both in terms of the rules and the identities of the decision makers
a)
Economic policy
b)
Trasparency
c)
Public sector/civil service reform
d)
Public finance
12.
Refers to movements for the improvement of the civil service in methods of appointment, rules of conduct, etc.
a)
Economic policy
b)
Trasparency
c)
Public sector/civil service reform
d)
Public finance
13.
Deals with the areas of taxation, government expenditure and borrowing, and financial deficit.
a)
Economic policy
b)
Trasparency
c)
Public sector/civil service reform
d)
Public finance
14.
The body of law that applies to the rights, relations, and conduct of persons and businesses engaged in commerce, merchandising, trade, and sales
a)
Judicial
b)
Commercial law
c)
Civil society
d)
Law enforcement
15.
In law, it is the system of courts that administers justice in the name of the sovereign or state.
a)
Judicial
b)
Commercial law
c)
Civil society
d)
Law enforcement
16.
Space for collective action around shared interests, purposes and values, generally distinct from government and commercial for-profit actors.
a)
Judicial
b)
Commercial law
c)
Civil society
d)
Law enforcement
17.
Activity of some members of government who act in an organized manner to enforce the law by discovering, deterring, rehabilitating, or punishing people who violate the rules and norms governing that society.
a)
Judicial
b)
Commercial law
c)
Civil society
d)
Law enforcement
18.
Drawbacks of Corruption (OMIU)
a)
Corruption OBSTRUCTS firm growth and development
b)
Corruption causes MISALLOCATION of resources and capital
c)
It produces INCOMPLETE, distorted, and undisclosed info.
d)
Corruption UNDERMINES trade and FDI
19.
Types of corrupt practices (S, P & C, B) (kung tamad mo i-type lahat, lagay mo nalang "k")
(a)
20.
Secret movement of goods across national borders to evade customs duties or import or export restrictions.
a)
Smuggling
b)
Couterfeit
c)
Piracy
d)
Bribe paying
21.
A ___ good is an unauthorized imitation of a branded good.
a)
Smuggling
b)
Couterfeit
c)
Piracy
d)
Bribe paying
22.
It consists of making an unauthorized exact copy–not a simple imitation–of an item covered by an intellectual property right.
a)
Smuggling
b)
Couterfeit
c)
Piracy
d)
Bribe paying
23.
Offer or acceptance of anything of value in exchange for influence on a government/public official or employee.
a)
Smuggling
b)
Couterfeit
c)
Piracy
d)
Bribe paying
24.
Some of the international responses against corruption (FGOI)
a)
Foreign Corrupt Practices Act (FCPA)
b)
The Globalization of fight against corruption
c)
The OECD convention
d)
International Anti-Corruption Efforts (IACE)
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