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Chapter 4.1 Business Ethics
Test Description: Business Ethics
Instructions: Answer all questions to get your test result.
1) Bribery occurs when gifts, money, or favors are offered
A
instead of payment of taxes
B
in lieu of wages
C
to encourage business deals
D
as bonuses to managers
2) All business have the same code of ethics
A
True
B
False
3) Decisions between self-interest and professional obligation.
A
principle
B
integrity
C
conflict of interest
D
ethics
4) Standards are moral principles by which people conduct themselves personally, socially, and professionally.
A
False
B
True
5) Rules based on moral principles about how businesses and employees should conduct themselves.
A
code of ethics
B
business ethics
C
personal ethics
D
laws
6) Set of guidelines for maintaining ethics in the workplace
A
code of ethics
B
business ethics
C
laws
D
moral principles
7) In some countries, excessive gift giving is considered ethical.
A
True
B
False
8) Most businesses tend to follw their industry's code of ethics.
A
False. Each business follows their own.
B
True.
9) What does OSHA stand for?
A
Occupational Safety and Health Administration
B
Occupational Safety and Health Agency
C
Occupationals Safety and Honesty Administration
D
Occupational Site and Health Agency
10) Business ethics focus on decisions considered good or bad, correct or incorrect.
A
True
B
False
*select an answer for all questions
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