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Intro to Business Chapter 4 Flashcards | StudBud
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Intro to Business Chapter 4
Intro to Business Chapter 4
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Chapter 4
Flashcards
36 cards
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Practice quiz
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Questions
36
Answers
1
a set of guidelines for maintaining ethics in the workplace
sweatshop
code of ethics
conflict of interest
OSHA
2
The Age Discrimination in Employment Act protects all people aged what and older from employers
60
50
30
40
3
A _________ exists when a business has gained control of the market for a product or service
proprietorship
trademark
income tax
monopoly
4
rules based on moral principles about how businesses and employees ought to conduct themselves
sweatshop
ethics
business ethics
conflict of interest
5
Top Management has little impact on the ethical conduct of a business
False
True
6
requires that men and women be paid the same wages for doing equal work
OSHA
social responsiblity
EPA
Equal Pay Act
7
A ___________ is a word, letter, slogan, or logo linked with a specific brand of product
patent
trademark
copyright
lease
8
Our government gets involved in some areas of business activities which include
deciding what goods and services each business will produce.
telling consumers what to buy.
regulating utilities & preventing unfair business practices.
regulating airlines.
9
a shop in which workers are employed for long hours at low wages and under unhealthy conditions
OSHA
sweatshops
Step 1 of the Ethical Decision-Making Process
Step 4 of the Ethical Decision-Making Process
10
The major challenge facing business today involves learning how to manage a diverse workforce
False
True
11
conflict between self-interest and professional obligation
Step 5 of the Ethical Decision-Making Process
social responsibility
ethics
conflict of interest
12
Which of these is TRUE regarding taxes?
Taxes only benefit the government
Property tax dollars help pay for our national military
The only tax paid by citizens is an income tax
Paying taxes is a duty of citizens and businesses
13
Who is the single largest employer in the U.S. economy?
Wal-Mart
The government
ConAgra
Coca-cola
14
If you write an original song, your work can be protected with a copyright
False
True
15
A ___________ gives an inventor the exclusive right to make,use, or sell an item for 17 years
patent
copyright
trademark
contract
16
discover alternative actions
social responsibility
sweatshop
Step 5 of the Ethical Decision-Making Process
Step 2 of the Ethical Decision-Making Process
17
federal government agency that protects consumers from dangerous or falsely advertised products
social responsibility
FDA
business ethics
EPA
18
An employee who is stealing company money is committing ______________.
forgery
intellectual property
ethical behavior
embezzlement
19
list the probable effects of the alternative
OSHA
social responsibility
EPA
Step 4 of the Ethical Decision-Making Process
20
identify the ethical dilemma
EPA
Step 3 of the Ethical Decision-Making Process
ethics
Step 1 of the Ethical Decision-Making Process
21
Which question should you NOT ask yourself when considering the ethics of a situation?
Who is affected by the action?
What if I can make some big money?
Does this violate professional standards?
Is this action legal?
22
decide who might be affected
Step 3 of the Ethical Decision-Making Process
sweatshop
FDA
ethics
23
_________ refers to the duty of a business to contribute to the well-being of a community
pollution
social responsibility
public utility
conservation
24
Which of the following demonstrates ethical behavior?
lowering expense amounts on an income statement
embezzlement of funds
taking company supplies for use at home
stopping production of a product that has a minor defect
25
moral principles by which people conduct themselves personally, socially, or professionally
ethics
sweatshop
code of ethics
business ethics
26
An example of unethical behavior at work includes:
all of these answers would be considered unethical.
using the Internet to research data for a personal use
taking office supplies from the supply closet for home use
making personal phone call during work.
27
Socially responsible actions benefit employees while costing the company nothing
True
False
28
What is the purpose of the Americans with Disabilities Act?
hire a minimum number of people with disabilities
provide training to employees with disabilities
help accommodate workers who are physically handicapped
provide as many vacation days a disabled worker requests
29
the duty to do what is best for the good of society
ethics
Step 2 of the Ethical Decision-Making Process
social responsibility
FDA
30
an agency that enforces rules that protect the environment and control pollution
sweatshop
Equal Pay Act
EPA
OSHA
31
If a company has a code of ethics
all of the above
employees will always know how to behave
it will be worded to stress forbidden actions
the company can identify proper behavior
32
division of the U.S. Department of Labor, who sets & enforces work-related heath & safety rules
sweatshop
ethics
conflict of interest
OSHA
33
select the best alternative
ethics
Step 1 of the Ethical Decision-Making Process
conflict of interest
Step 5 of the Ethical Decision-Making Process
34
Protections on creative and artistic works of authors, composers, and artists is called a _____
patent
copyright
trademark
public utility
35
Which of these is a social responsibility program that promotes healthy living of workers?
environmental protection
diversity and multiculuralism
employee wellness
philanthropy
36
Which of these is
NOT
an example of social responsibility by a business?
operating a safety program that rewards employees
health and wellness program for employees
failing to investigate a discrimination report
volunteering at a clothing drive
