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