WorksheetsREVIEW FOR OLCAE01
Total questions: 31
Worksheet time: 16mins
Name
Class
Date
1.
1. What is the primary characteristic of over-persuasion that makes it unethical in business?
a)
a. Using emotional appeals in marketing
b)
b. Manipulating emotions to sell unnecessary items
c)
c. Helping customers make informed decisions
d)
d. Promoting business relationships
2.
2. Which of the following is NOT a form of direct misrepresentation?
a)
a. Deceptive packaging
b)
b. False advertising
c)
c. Caveat emptor
d)
d. Adulteration
3.
3. What does "Caveat Emptor" mean in business ethics?
a)
a. Buyer must prove deception
b)
b. Seller must disclose all information
c)
c. Let the buyer beware
d)
d. Trust in business relationships
4.
4. Which unethical practice involves board members receiving excessive compensation?
a)
a. Insider trading
b)
b. Plain graft
c)
c. Interlocking directorship
d)
d. Negligence of duty
5.
5. What characterizes interlocking directorship as unethical?
a)
a. Excessive salaries for directors
b)
b. Failing to attend meetings
c)
c. Trading company shares illegally
d)
d. Holding positions in companies doing business together
6.
6. Which of these is an example of indirect misrepresentation?
a)
a. False advertising
b)
b. Deceptive packaging
c)
c. Deliberate withholding of information
d)
d. Shortchanging customers
7.
7. What constitutes an ethical dilemma?
a)
a. Breaking company rules
b)
b. Making a difficult business decision
c)
c. Choosing between right and wrong in challenging situations
d)
d. Following corporate policies
8.
8. Which unethical practice by executives involves personal benefit at company expense?
a)
a. Claiming personal vacations as business trips
b)
b. Implementing internal controls
c)
c. Following labor laws
d)
d. Conducting regular meetings
9.
9. What is the first step in resolving ethical dilemmas according to the framework?
a)
a. Evaluate consequences
b)
b. Obtain facts
c)
c. Explore alternatives
d)
d. Identify issues
10.
10. Which employee behavior represents a conflict of interest?
a. Following company procedures
b. Maintaining workplace integrity
c. Prioritizing personal gain over employer interests
d. Meeting performance standards
a)
a. Following company procedures
b)
b. Maintaining workplace integrity
c)
c. Prioritizing personal gain over employer interests
d)
d. Meeting performance standards
11.
11. What form of direct misrepresentation involves product quality manipulation?
a)
a. Misbranding
b)
b. Adulteration
c)
c. Shortchanging
d)
d. False packaging
12.
12. How does passive deception differ from direct misrepresentation?
a)
a. It's more obvious
b)
b. It's less noticeable but still harmful
c)
c. It's always legal
d)
d. It doesn't affect business trust
13.
13. Which unethical practice involves unfair advantage in stock trading?
a)
a. Plain graft
b)
b. Negligence of duty
c)
c. Insider trading
d)
d. Interlocking directorship
14.
14. What is a key consideration when evaluating ethical dilemma consequences?
a)
a. Company profit only
b)
b. Personal gain
c)
c. Impact on all affected parties
d)
d. Legal requirements only
15.
15. Which executive malpractice directly affects employee compensation?
a)
a. Loose internal controls
b)
b. Falsifying losses to avoid compensation
c)
c. Sexual harassment
d)
d. Assigning unrelated work
16.
16. What type of misrepresentation occurs with tampered scales?
a)
a. Quantity understatement
b)
b. Weight understatement
c)
c. Measurement understatement
d)
d. Quality understatement
17.
17. When is persuasion considered ethical in business?
a)
a. When it maximizes profits
b)
b. When it helps buyers make informed decisions
c)
c. When it creates emotional pressure
d)
d. When it increases sales volume
18.
18. Which board practice demonstrates negligence?
a)
a. Regular meeting attendance
b)
b. Voting on company matters
c)
c. Irregular attendance at board meetings
d)
d. Reviewing financial statements
19.
19. What characterizes deliberate withholding as unethical?
a)
a. Providing partial information
b)
b. Omitting significant information
c)
c. Sharing company secrets
d)
d. Discussing product features
20.
20. Which employee practice most directly affects workplace integrity?
a)
a. Taking scheduled breaks
b)
b. Following company policies
c)
c. Dishonest behavior
d)
d. Meeting deadlines
21.
1. (a) it involves wrong doing on the part of an authority or powerful party through means that are illegitimate, immoral or incompatible with ethical standards.
22.
The intellectual rights laws covers the following except one
a)
a. Protection of over
b)
b. Patents
c)
c. Industrial designs
d)
d. Lay-out design
23.
7. 7. The consumer act of the Philippines was approved last
a)
a. April 13, 1990
b)
b. April 13, 1991
c)
c. April 13, 1992
d)
d. April 13, 1993
24.
8. 8. The Code of Ethics for the Philippine Business is issued of
a)
a. Makati Business Club
b)
b. European Chamber of Commerce
c)
c. Bishops Businessmen’s Conference Philippines
d)
d. Answer not given
25.
9. 9. This act criminalizes active and passive bribery, embezzlement, extortion, abuse of office and
conflict of interest.
a)
a. Anti-Red Tape Act
b)
b. Anti-Graft and Corrupt Practices Act
c)
c. Anti-Money Laundering Act
d)
d. The Government Procurement Reform Act
26.
10. 10. The act forbids office holders from accepting any gifts or material benefits in exchange for
any government permit or license.
a)
a. Anti-Red Tape Act
b)
b. Anti-Graft and Corrupt Practices Act
c)
c. Anti-Money Laundering Act
d)
d. The Government Procurement Reform Act
27.
11. 11. Corruption may take place in any of the following forms or ways except one
a)
a. A salesman bribing the purchasing manager of a company to give preference to his products.
b)
b. Public official embezzling funds for school renovation to build his private villa
c)
c. A politician redirecting investments to his hometown
d)
d. Financial problem caused by illness, loss of property
28.
12. 12. The following includes the characteristics of corruption except one
a)
a. Extortion
b)
b. Judicial system
c)
c. Lubricant in society
d)
d. Culture
29.
13. 13. A code of conduct should have the following except
a)
a. Guide directors and senior executives
b)
b. Authorized the employees to the meetings
c)
c. Promote responsibility and accountability
d)
d. Ensure compliance with legal and other obligations
30.
14. 14. In the interest of the owners and other providers of capital, business shall have the following
except one
a)
a. Provide an adequate rate of return to those contributing capital to the enterprise
b)
b. Use their financial resources to provide goods and services responsible and efficiently
c)
c. Pursue the specific objectives of the owners and other providers of capital
d)
d. All of the above
31.
15. 15. The food, drug and cosmetics was approved last
a)
a. June 22, 1956
b)
b. June 23, 1960
c)
c. June 21, 1962
d)
d. June 22, 1963
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