PART I. MULTIPLE CHOICE (35 items). Which business organization has a separate legal personality from its owners?

PART I. MULTIPLE CHOICE (35 items). Which type of business provides services rather than tangible products?

PART I. MULTIPLE CHOICE (35 items). A sari-sari store primarily belongs to what type of business?

PART I. MULTIPLE CHOICE (35 items). Which principle means giving what is due and listening to both sides before deciding?

PART I. MULTIPLE CHOICE (35 items). An employee admits losing company funds and takes responsibility. What principle is shown?

PART I. MULTIPLE CHOICE (35 items). A company opens its financial records to stakeholders. This practice shows:

PART I. MULTIPLE CHOICE (35 items). Which of the following BEST describes ethics?

PART I. MULTIPLE CHOICE (35 items). Refusing to hire applicants because of disability is an ethical issue in:

Overpricing products and misleading advertisements fall under ethical issues in:

A company bribing officials to reduce taxes is an ethical issue in:

Which philosopher believed that doing what is right is more important than the result?

The belief that “the greatest good for the greatest number” should guide decisions refers to:

Aristotle believed that the goal of life and business leadership is:

Which belief system emphasizes honesty in weights, measures, and fair pricing?

Charging interest on loans is prohibited in which religion?

Which Filipino value refers to starting enthusiastically but losing interest later?

Hiring relatives regardless of qualifications reflects which Filipino value system?

A businessman honors a verbal promise even without a written contract. This shows:

Giving discounts and trust-based credit to loyal customers reflects the:

Scenario-Based Multiple Choice: A manager listens to both employees involved in a conflict before deciding. What principle is applied?

Scenario-Based Multiple Choice: A cashier hides missing funds instead of reporting them. Which principle is violated?

Scenario-Based Multiple Choice: A business owner delays tasks and keeps saying “mamaya na.” This reflects:

Scenario-Based Multiple Choice: A company openly invites bidders for a construction project. This is an example of:

Scenario-Based Multiple Choice: A Christian vendor refuses to underpay a poor seller even if allowed. This reflects:

Scenario-Based Multiple Choice: A Muslim entrepreneur cancels a sale after discovering false claims were made. This shows:

A Buddhist entrepreneur prioritizes customer well-being and environmental care. This reflects:

A Hindu business owner ensures fair wages and fair pricing. This reflects:

A manager evaluates business strengths, weaknesses, opportunities, and threats. What tool is used?

Setting goals that are Specific, Measurable, Achievable, Relevant, and Timely is known as:

True or False: A corporation files taxes separately from its owners.

True or False: In a partnership, partners are personally liable for business debts.

True or False: Transparency allows hiding information to protect the company image.

True or False: Fairness means favoring close friends in business decisions.

True or False: Accountability involves admitting mistakes and taking responsibility.

True or False: Ethics deals only with legal compliance.

True or False: Discrimination in hiring is an ethical issue in HR management.

True or False: Utilitarianism focuses on the intention rather than the outcome.

True or False: Bahala na always means irresponsibility in business.

True or False: Utang na loob can create ethical dilemmas in business decisions.

True or False: Mañana habit can reduce business efficiency.

True or False: Delicadeza encourages doing what is right and ethical.

True or False: Suki system helps build long-term customer relationships.

True or False: Bayanihan promotes teamwork and cooperation in business.

True or False: SMART goals help improve business practices.