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Business Ethics and Government Regulation-4

Quiz by Laura Bookbinder

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36 questions
Show answers
  • Q1
    _______________________encourages competition in the marketplace and prevents unfair business practices such as false advertising, deceptive pricing, and misleading labeling.
    Code of Ethics
    Monopoly
    Social Responisbility
    Antitrust Laws
    30s
  • Q2
    ______________________ is the duty of a business to contribute to the well-being of society.
    Code of ethics
    Conflict of interest
    Business ethics
    Social responsibility
    30s
  • Q3
    A _______________________ company that controls all production and sales of a particular product or service
    public utility
    monopoly
    antitrust
    limited partnership
    30s
  • Q4
    A _________________ is a name, symbol, or other device identifying a product; it is officially registered with the U.S. government and its use is legally restricted to its owner
    patent
    design right
    trademark
    copyright
    30s
  • Q5
    A __________________ is an organization that supplies a service or product vital to all people including companies that provide local telephone service, water, and electricity.
    proprietorship
    public utility
    monopoly
    partnership
    30s
  • Q6
    A _________________________ is a set of rules for guiding actions of employees or members of an organization
    copyright
    contract
    code of ethics
    social responsibility
    30s
  • Q7
    A __________________ is an agreement to exchange goods or services for something of value, usually money
    code of ethics
    copyright
    public utiltiy
    contract
    30s
  • Q8
    Rules about how businesses and their employees ought to behave are refered to as _______________.
    corporate social responsibility
    business ethics
    conflict of interest
    morals and values
    30s
  • Q9
    A license that gives the inventor the exclusive right to make, use, or sell an invention for 20 years is called a____________________.
    design right
    trademark
    copyright
    patent
    30s
  • Q10
    What type of resource that cannot be replaced when used up ?
    nonrenewable resources
    human resources
    captial resources
    natural resource
    30s
  • Q11
    ___________________ protects the creative work of authors’, composer and artistic and lasts for the life of the person plus 70 years after the death of the creator of the property.
    Patent
    Copyright
    Design rights
    Trademark
    30s
  • Q12
    Principles of morality or conduct are called __________________.
    code of ethics
    values
    ethics
    business ethics
    30s
  • Q13
    Situation in which an employee must choose between a business's welfare and personal gain is called __________________________
    a antitrust violation
    social responsiblity
    conflict of interest
    a violation of business ethics
    30s
  • Q14
    Lumber is an example of a nonrenewable resource.
    false
    true
    True or False
    30s
  • Q15
    OSHA is a federal agency that regulates workplace safety standards.
    true
    false
    True or False
    30s

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