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WorksheetsEtsy case quiz
Total questions: 15
Worksheet time: 5mins
Where was Etsy founded ?
San Francisco
New York
Seattle
Toronto
What year was Etsy founded?
2000
2005
2010
2015
Etsy is best known as a platform for :
Handmade crafts and vintage items
Tech gadgets
Used electronics
Drop shipping businesses
Who was Etsy’s CEO mentioned in the case ?
Jeff Bezos
Elon musk
Chad Dickerson
Lisa De Simone
Etsy went public (IPO) in what year ?
2015
2010
2018
2020
What was the main ethical issue discussed in the case ?
Labor exploitation
Tax avoidance VS. social responsibility
Product safety concerns
CEO bounses
According to the case, what did Etsy pride itself on ?
Efficiency
Low prices
Authenticity and social purpose
Fast shipping
Which economist is quoted saying ‘The social responsibility of business is to increase its profits’ ?
Adam smith
John keynes
Warren Buffett
Milton Friedman
Etsy’s tax approach raised concerns because it used :
Offshore subsidiaries
High domestic tax rates
Internal trading losses
Government subsidies
What tension does Etsy’s case highlight ?
Product pricing issues
Technology development
Lebor market inequality
Balancing profits and ethics
What was Etsy’s mission according to its IPO filing ?
To maximize profits for shareholders
To dominate e-commerce
To foster a world of personal fulfillment and authenticity
To reduce costs globally
Why did critics say Etsy was being hypocritical ?
They sold fake products
They avoided taxes while promoting social responsibility
They underpaid employees
They misled customers
What leadership value did Chad Dickerson emphasize ?
Innovation only
Integrating social purpose with business purpose
Aggressive marketing
Tax reduction
What lesson can businesses learn from Etsy’s case ?
Avoid paying taxes whenever possible
Use complex tax havens
Balancing profitability with ethics builds trust
Focus on speed over values
What could Etsy have done to align its tax strategy with its mission ?
Hide more profits
Close operations abroad
Lay off workers
Increase transparency and pay fair taxes
