PBM Module 4 Test: Social Responsibility of Biz & Gov't
Quiz by Pa'Trice Day Owens
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20 questions
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- Q1All of the following are non-renewable resources EXCEPTLumberCoalOilGas60s
- Q2_________________________ are principles of morality or rules of conduct. Doing the right thing, even if no one is looking.CultureCustomsEthicsTraditions60s
- Q3In the United States, police and fire protection is usually provided byFederal GovernmentState GovernmentLarge CorporationsLocal Government60s
- Q4Which of the following is a way the United States government gets involved in business activities?It orders certain people to take specific jobsIt tells business what they should produce and what they should chargeIt orders certain people to take specific jobsIt attempts to prevent unfair business practices.60s
- Q5Which of the following would NOT be considered a utility company?gasoline stationtelephone companyelectric companywater company60s
- Q6Antitrust laws protect consumers from all of the following EXCEPTfalse advertisingdeceptive packagingproducts becoming out of date too quicklymisleading labels60s
- Q7Suppose one company owned all of the grocery stores in Virginia. This is an example ofcompetionuniocartelmonopoly60s
- Q8Governments borrow money by sellingpromissory notesall of the abovebondsstocks60s
- Q9A state or local tax on good or services that is collected by the seller is called aincome taxproperty taxexcise taxsales tax60s
- Q10The largest source of revenue for the federal government is theexcise taxinheritance taxindividual income taxcorporate taxes60s
- Q11If a company has a code of ethicsthe company will more easily be able to identify proper employees behaviorall of the aboveit should be worded in such a way as to stress forbidden actionsemployees will always know how to behave under all circumstances60s
- Q12Government is mainly concerned with all EXCEPTproviding services to citizenshiring public employeesmaking a profitregulating utilities60s
- Q13Which question should you NOT ask your self when considering ethics of a business situationDoes the action violate professional standards?Can I get away with this action?Is this action legal?Who is affected by the action?60s
- Q14The AGE Discrimination in Employment Act protects all persons aged5030406060s
- Q15All contracts are legalfalsetrue60s