Chapter 4 Review: Question Preview (ID: 32662)

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Which is NOT another word for ethics?
a) principles b) honor c) recycling d) integrity
Which might indicate that a company is run according to ethical standards?
a) Employees are treated fairly. b) The cost of making products increases. c) The government investigates the company's accounting practices. d) Environmental problems related to manufacturing are not addressed.
Which is true of ethics in business?
a) Everyone is ethical nowadays. b) Everyone agrees to the same code of ethics. c) Companies are not interested in ethics training. d) Sometimes laws are needed to uphold ethics.
Which is NOT necessarily characteristic of a sweatshop?
a) long hours b) low wages c) production of clothes d) unhealthy or unsafe conditions
What is one result of the Triangle Shirtwaist fire?
a) overcrowded conditions b) a famous tragedy c) recycling d) new laws making sweatshops safer
Which is NOT a consequence of unethical business practices?
a) losing repeat business b) having a well-trained employee c) being fined by the government d) losing employees
How might an employer treat an employee fairly?
a) provide good training b) offer less than average pay for the job c) encourage the employee to leave d) ask the employee to do another's work
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) Apologize to any employees involved. d) Ignore or cover up the problem and look out for himself .
Which is NOT an example of how you can be socially responsible?
a) promote recycling in the workplace b) consider ethics only when necessary c) volunteer for a cause that interests you d) treat others well
Who protects consumers from dangerous or falsely advertised goods?
a) businesses b) Earth-friendly products c) other consumers d) Federal Trade Commission
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.
What group of workers are NOT necessarily protected by American law?
a) workers who volunteer b) children c) women d) those with disabilities
What is NOT true about the Americans with Disabilities Act?
a) It affects about 50 million workers. b) It bans discrimination against those with disabilities. c) It protects children from working. d) It protects people.
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
Why was the EPA formed?
a) to enforce laws in society b) to protect the environment c) so that big businesses would be more truthful about finances d) to help corporations with their accounting
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