Question 1

is the duty to do what is best for the good of society

Accepted Answer

social responsibility

Question 2

is when a business is tempted to put profits before social welfare.

Accepted Answer

conflict of interest

Question 3

a government agency, protects consumers from dangerous or falsely advertised products.

Accepted Answer

Food and Drug Administration

Question 4

requires that men and women be paid the same wages for doing equal work

Accepted Answer

Equal Pay Act

Question 5

a federal agency that enforces rules that protect the environment and control pollution

Accepted Answer

Environmental Protection Agency

Question 6

is a business started by someone who notices a need for a product or service

Accepted Answer

entrepreneurship

Question 7

is a business that operates on the Internet

Accepted Answer

dot-com company

Question 8

is a person who recognizes a business opportunity

Accepted Answer

entrepreneur

Question 9

is the money left over after a business has paid all costs of producing its goods or services

Accepted Answer

profit

Question 10

independently owned business that usually has the owner as its manager

Accepted Answer

small business

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