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Chapter 3

Total questions: 18

Worksheet time: 6mins

Name
Class
Date
1.

What is a Certified B Corporation?

a)

A new kind of company that works to maintain a balance between purpose and profits.

b)

A designation given to someone who has passed a rigorous exam.

c)

Payment for work performed.

d)

A company's ability to gain access to and use resources to given them an advantage.

2.

The code of (a)   is a statement of commitment to certain ethical practices.

3.

What is CSR?

(a)  

4.

This is when a company donates a portion of it's profits or resources to charitable organizations.

a)

profit sharing

b)

not for profit

c)

corporate philanthropy

d)

donations

5.

This is the study of moral principles.

(a)  

6.

When one company joins other companies to agree that they will all set the price high.

a)

oligopoly

b)

monopolistic competion

c)

price fixing

d)

price gouging

7.

When one company joins other companies to agree that they will all set the price high.

a)

oligopoly

b)

monopolistic competion

c)

price fixing

d)

price gouging

8.

These are the principles that guide the decisions you make in your life.

(a)  

9.

This refers to a common set of basic values shared across both Jewish and Christian religious traditions.

a)

Moral relativism

b)

Judeo-Christian ethics

c)

situational ethics

d)

amoral behavior

10.

This refers to a common set of basic values shared across both Jewish and Christian religious traditions.

a)

Moral relativism

b)

Judeo-Christian ethics

c)

situational ethics

d)

amoral behavior

11.

This is a written statement of a company's commitment to ethical principles.

a)

Mission statement

b)

Rules and regulations

c)

Employee handbook

d)

Code of ethics

12.

Amoral behavior is...

a)

any illegal activity.

b)

not caring about the moral consequences of your action.

c)

when a person has a strong conviction behind his or her actions.

d)

part of most religious traditions.

13.

This means that a company meets all local, state, and federal regulations.

a)

legal compliance

b)

social audit

c)

unethical behavior

d)

legal regulations

14.

This strives to improve our quality of life but also protect the earth.

(a)  

15.

This is a statement about why a company exists.

a)

amoral behavior

b)

corporate philanthropy

c)

code of ethics

d)

mission statement

16.
What are the benefits of a company being known as ethical?
a)
Impact on competitiveness
b)
Enhances reputation
c)
Value added
d)
All of these
17.
What does CSR mean?
a)
Company Social Reputation
b)
Computer Security Regulations
c)
Canine Secure Reality
d)
Corporate Social Responsibility
18.

You decide not to take a certain action because you know it’s the wrong thing to do. You have made this decision based on your

a)

Peers

b)

Ethics

c)

Regulations

d)

Laws