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First Validating Quiz in Business Ethics and Social Responsibility
Quiz by ANDREA BADILLA ADUL
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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
Users enter free textType an Answer30s - 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)
Users enter free textType an Answer30s - Q8
Professional ethics guide the individual on proper personal conduct that is imposed by society and moral duties
falsetrueTrue or False30s - 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)
Users enter free textType an Answer30s - Q11
Implies openness, communication, and accountability.
Users enter free textType an Answer30s - Q12
It is the process of explanation and justification.
Users enter free textType an Answer30s - 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.
truefalseTrue or False30s