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Duplicate of Business Ethics Unit 37 Flashcards | StudBud
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Duplicate of Business Ethics Unit 37
Duplicate of Business Ethics Unit 37
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A quiz of Key Terms relating to Level 3 BTEC Extended Diploma in Business Unit 37 Business Ethics
Flashcards
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Questions
14
Answers
1
What is the Stock Exchange?
Market place where consumers can buy products
Market Place where company shares are bought & sold
Market place where consumers can exchange their products
2
Who are Stakeholders?
Individual/group who can be affected by a business
Individuals who own a share in the business
3
What are Operational Activities?
Day-to day actions to achieve primary actions
A general list of duties
The aim of the business
<p>Activities of a functional area</p>
4
Which are examples of Trading ethically?
Having a healthy and safe workplace
Paying workers a fair wage
Not forcing employees to work long hours
5
Which of the following is NOT a type of unethical human resource management
Worker Surveillance
SAafety in the workplace
Adhering to the Working Time Directive
Discrimination
6
What makes a group a Pressure Group?
Private groups create a case to be heard by everyone
Voluntary groups create a case to be heard by everyone
Public groups create a case to be heard by everyone
7
What is Malpractice?
Any occasion where normal practice is not followed
Minimum Wage
Minimum working hours
A mistake
8
What is Corruption?
Attempting to persuade by using cash or opportunity
Business is carried in an open manner
Comsumer do not feel secure with the quality of the product
Asking someone to do something your way
9
What does CSR stand for?
Corporate System Responsibilty
Corporate Social Responsibility
Current Social Responsibilty
Corporate Social Recreation
10
Which of the following is NOT a pressure group
Friends of the Forest
Friends of The Earth
Greenpeace
PETA
11
What is a Whislteblower?
Informant of unethical practises within an organisation
Informant of ethical practices within an organisation
Informant of the press
Informant of activities within an organisation
12
What is Corporate Governance?
Health and Safety
People & Procedures for making minor decisisons
Government policies
People & Procedures for taking major decisions
13
What is Global Warming?
Carbon Monoxide
Deforestation
Effect of climate short term
<p>Weather patterns and temperatures changing rapidly</p>
14
What are Ethicial Values
Standards set to raise prices
Standards set to control behaviour
Business Objectives
