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Chapter 4 Review
Test Description: Chapter 4 Review
Instructions: Answer all questions to get your test result.
1) Which is NOT another word for ethics?
A
recycling
B
principles
C
honor
D
integrity
2) Which might indicate that a company is run according to ethical standards?
A
Environmental problems related to manufacturing are not addressed.
B
Employees are treated fairly.
C
The government investigates the company's accounting practices.
D
The cost of making products increases.
3) Which is true of ethics in business?
A
Everyone agrees to the same code of ethics.
B
Sometimes laws are needed to uphold ethics.
C
Companies are not interested in ethics training.
D
Everyone is ethical nowadays.
4) Which is NOT necessarily characteristic of a sweatshop?
A
long hours
B
production of clothes
C
unhealthy or unsafe conditions
D
low wages
5) What is one result of the Triangle Shirtwaist fire?
A
overcrowded conditions
B
a famous tragedy
C
recycling
D
new laws making sweatshops safer
6) Which is NOT a consequence of unethical business practices?
A
losing employees
B
being fined by the government
C
having a well-trained employee
D
losing repeat business
7) How might an employer treat an employee fairly?
A
offer less than average pay for the job
B
provide good training
C
encourage the employee to leave
D
ask the employee to do another's work
8) Which is NOT a good way for an employer to handle a decision that leads to conflict of interest ?
A
Consider the decision carefully and not make it in the first place.
B
Fix the problem as soon the employer realizes the mistake.
C
Ignore or cover up the problem and look out for himself .
D
Apologize to any employees involved.
9) Which is NOT an example of how you can be socially responsible?
A
promote recycling in the workplace
B
volunteer for a cause that interests you
C
treat others well
D
consider ethics only when necessary
10) Who protects consumers from dangerous or falsely advertised goods?
A
Federal Trade Commission
B
Earth-friendly products
C
businesses
D
other consumers
11) How are consumers affected when companies restrict competition?
A
They have fewer choices in products and pricing.
B
They pay less.
C
They can determine the price.
D
They can buy out the company.
12) What group of workers are NOT necessarily protected by American law?
A
women
B
those with disabilities
C
workers who volunteer
D
children
13) What is NOT true about the Americans with Disabilities Act?
A
It bans discrimination against those with disabilities.
B
It affects about 50 million workers.
C
It protects children from working.
D
It protects people.
14) What kind of responsibility does a business have to its owners and creditors?
A
ethical, but not financial
B
financial, but not ethical
C
financial and ethical
D
creditors have a responsibility to a business
15) Why was the EPA formed?
A
so that big businesses would be more truthful about finances
B
to help corporations with their accounting
C
to protect the environment
D
to enforce laws in society
*select an answer for all questions
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