Question 1

What is the purpose of a code of ethics in business?

Accepted Answer

To provide guidelines for ethical behavior

Answer

To increase profits

Answer

To hide unethical practices

Answer

To establish monopoly power

Question 2

What is the purpose of whistleblowing in business?

Accepted Answer

To expose wrongdoing or unethical practices

Answer

To protect shareholder interests

Answer

To promote competition

Answer

To increase profits

Question 3

What is the purpose of a diversity and inclusion initiative in business?

Accepted Answer

To promote equality and create a more inclusive work environment

Answer

To increase competition among employees

Answer

To maximize shareholder profits

Answer

To minimize employee turnover

Question 4

What is the purpose of a social audit in business?

Accepted Answer

To assess and measure the social impact and performance of a company

Answer

To avoid legal liabilities

Answer

To increase market share

Answer

To reduce employee turnover

Question 5

What is the term used to describe the significant increase in the number of babies born during a specific period of time?

Accepted Answer

Baby boom

Answer

Millennial surge

Answer

Generation X

Answer

Population surge

Question 6

What is the term for a company that is owned and operated by one person?

Accepted Answer

Sole proprietorship

Answer

Partnership

Answer

Limited liability company

Answer

Corporation

Question 7

What is the term used to describe a situation where there is a high demand for skilled workers but a shortage of available talent?

Accepted Answer

Skills gap

Answer

Generation gap

Answer

Wage gap

Answer

Opportunity gap

Question 8

What is the term used to refer to the generation born between the mid-1990s and early 2010s?

Accepted Answer

Generation Z

Answer

Generation X

Answer

Millennials

Answer

Baby Boomers

Question 9

How does the 'baby bust' affect the labor market?

Accepted Answer

It results in a decrease in the number of potential workers.

Answer

It causes a surge in the retirement age.

Answer

It has no impact on the labor market.

Answer

It leads to an increase in job opportunities for parents.

Question 10

What is the main factor contributing to the 'baby bust' phenomenon?

Accepted Answer

Declining birth rates.

Answer

Increasing birth rates.

Answer

Improvements in healthcare for infants.

Answer

Government incentives for having children.

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