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BPA Chapter 4--Social Repsonsibility Flashcards | StudBud
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BPA Chapter 4--Social Repsonsibility
BPA Chapter 4--Social Repsonsibility
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Business Principles Chapter 4--Social Responsibility #socialresponsibility #ethicsinbusiness
Flashcards
24 cards
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Practice quiz
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Questions
24
Answers
1
Socially responsible actions benefit employees and community without costing the company
True
False
2
Which question should you NOT ask yourself when considering the ethics of a business situation?
Can I get away with this action?
Is the action legal?
Does the action violate professional standards?
Who is affected by the action?
3
Federal and state government regulate trucks that deliver in the state where they reside.
True
False
4
The Age Discrimination in Employment Act protects people aged_and older from age discrimination
30
60
40
50
5
Valid, enforceable contracts must contain consideration, which is defined as
the contract must be for a legal product or service
wording that is kind and unobjectionable to the parties
something of measurable value that must be exchanged
those entering into the contract must be of legal age
6
Suppose one company owned all of the grocery stores in our state. This would be a(n)
competitive environment
cartel
union
monopoly
7
A public utility company is a company that is owned by the government.
False
True
8
Which of the following is the copyright symbol?
â
©
®
All of these answers are types of copyright
9
A major challenge to business is learning how to manage a workforce made up of diverse cultures
True
False
10
In the US, police and fire protection is usually provided by
the local government
the state government
the federal government
large corporations
11
Top management has little impact on the ethical conduct of a business
True
False
12
_____ are principles of morality or rules of conduct.
Ethics
Customs
Cultures
Traditions
13
Government plays a role in all economic systems.
False
True
14
Government is mainly concerned with all of these roles EXCEPT
making a profit
hiring public employees
regulating utilities
providing services to citizens
15
How does the US government get involved in business activities?
It attempts to prevent unfair business practices.
It tells businesses what to produce and what to charge.
It owns almost all of the factors of production.
It orders certain people to take specific jobs.
16
You write an original song. Your work is protected with a copyright.
False
True
17
Government is the single largest employer in the US economy.
True
False
18
A patent gives an inventor of a new product the right to make, use, or sell the item for
50 years
20 years
25 years
7 years
19
Antitrust laws protect consumers from all of these EXCEPT
misleading labeling
deceptive packaging
public utilities
false advertising
20
All of the following are nonrenewable resources EXCEPT
coal
gas
oil
lumber
21
Census information collected by the government can help a business find where customers live.
False
True
22
If a company has a code of ethics, they can more easily identify proper ____ behavior
employer
work
employee
supervisor
23
Which of the following is a utility company?
a gas station
Kroger grocery store
an electric company
Rue 21
24
All written contracts are legal.
False
True