An example of an ethical business practice would be

keeping accurate financial records

The following are examples of conflicts of interest except

business hiring an accounting firm to oversee record-keeping

Occupational Safety and Health Administration

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Review for Ethics Assessment

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This is an assessment of the knowledge obtained by students in Introduction to Business during the first couple of weeks of school.

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Questions 15

Answers

1
When making business decisions, employees ethical obligation is to act in the best interest of
the customers
the employees
the company
none of the others
2
An example of an ethical business practice would be
inaccurate advertising.
keeping accurate financial records
not paying overtime to workers.
requiring employees to work on holidays.
3
Ethics are moral principals by which people conduct themselves
personally
professionally
socially
all of the others
4
The characteristic businesses desire most in employees is
needed skill
experience
dedication
likeability
5
The Triangle Shirtwaist Factory fire resulted in
improved working conditions
better product design.
increased immigrant labor
longer working hours
6
Think about supply and demand; when a company does not have to compete
its productivity remains the same
its productivity increases
its productivity decreases
none of the others
7
The legislation that holds CEOs more accountable for actions of financial managers of a firm is
Taft-Wheeley Act
Feinstein-Frist Act
Sarbanes-Oxley Act
Kennedy-DeLay Act
8
Some firms limit the damage they do to the environment by
installing filtration systems to reduce pollutants
using recycled paper
using renewable energy sources
any of the above
9
Bribery normally occurs when gifts, money, or favors are offered
as bonuses to managers
to encourage business deals
instead of wages
instead of taxes
10
Turning someone elses work as your own is
plagiarism
unethical
cheating
all of the others
11
We are spending a lot of time working in groups because
groups tend to get better solutions to problems
all of the others
we'll work in groups in our careers
we'll work in groups in college
12
Ethics are moral principals by which people conduct themselves
socially
all of the others
personally
professionally
13
The following are examples of conflicts of interest except
an politician awarding a contract to his business partner
a judge hearing a case defended by his former l partner
a principal hiring their spouse to teach at their school
business hiring an accounting firm to oversee record-keeping
14
A conflict of interest is a conflict between a self-interest and
another person's self-interest
a professional obligation
a personal obligation
unfair practices
15
OSHA stands for
Occupational Site and Health Administration
Occupational Safety and Humanity Administration
none of the above
Occupational Safety and Health Administration

Review for Ethics Assessment Flashcards | StudBud