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