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First Validating Quiz in Business Ethics and Social Responsibility

Quiz by ANDREA BADILLA ADUL

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15 questions
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  • Q1

    What is an entity formed for the purpose of carrying on commercial enterprise?

    Business Organization

    Partnership

    Corporation 

    Business

    30s
  • Q2

    The advantage of this form of business includes the undivided authority, low organizations cost and license fees, and tax savings.

    Sole Proprietorship

    Cooperative

    Corporation

    Partnership

    30s
  • Q3

    Which of the following have owners who do not enjoy limited liability? 

    partnership

    corporation

    both b and c

    sole proprietorship

    30s
  • Q4

    The Sole proprietorship form of business organization

    must have at least two owners

    has an indefinite life

    means that the owner is personally liable for business debts

    is  easy to transfer ownership

    30s
  • Q5

    The following pertains to the corporation, except?

    not taxed as a separate entity

    transferable ownership rights

    have limited liability

    separate legal existence from its owners

    30s
  • Q6

    moral principles that guide the conduct of individual

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    30s
  • Q7

      It is the study of appropriate business policies and practices regarding potentially controversial subjects including corporate governance, insider trading, bribery, discrimination, corporate social responsibility, and fiduciary responsibilities. (Use Capital letter)

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    Type an Answer
    30s
  • Q8

    Professional ethics guide the individual on proper personal conduct that is imposed by society and moral duties

    false
    true
    True or False
    30s
  • Q9

    It guides the individual on proper personal conduct that is imposed by society and moral duties

    Ethics

    Professional ethics

    General Ethics

    Business Ethics

    30s
  • Q10

    is the quality of making judgments that are free from discrimination. It also involves balancing the interests involved in all decision-making. (Use  Capital letter in writing your answer)

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    30s
  • Q11

    Implies openness, communication, and accountability.

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    30s
  • Q12

    It is the process of explanation and justification.

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    30s
  • Q13

    Accountability implies______________?

    honest

    equity

    openness

    responsibility

    30s
  • Q14

    Type of business ethics where each person who works for a business, whether on the executive level or the entry-level, will be expected to show personal responsibility.

    Environmental Responsibility

    Personal Responsibility

    Community Responsibility

    Corporate Responsibility

    30s
  • Q15

    Business Ethics applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations.

    true
    false
    True or False
    30s

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