Business Ethics and Social Responsibility Quiz
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Questions and Answers

Which of the following best defines ethics?

  • Different ethical standards followed by different cultures, businesses, and industries
  • A set of guidelines for maintaining ethical standards
  • Rules based on moral principles about how businesses operate
  • Moral principles by which people conduct themselves personally, socially, or professionally (correct)

    • What is an example of unethical behavior in the US?

  • Excessive gift giving (correct)
  • Creating jobs
  • Providing safe products
  • Treating employees fairly

    • What does the term 'bribery' refer to?

  • Creating jobs and treating employees fairly
  • Offering gifts, money, or favors to encourage a business deal (correct)
  • Protecting the environment
  • Maintaining ethical standards in business

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

    <p>To maintain ethical standards</p> Signup and view all the answers

    What is the relationship between ethics and personal conduct?

    <p>Ethics applies to both personal and professional conduct</p> Signup and view all the answers

    Which of the following best describes ethics?

    <p>A set of guidelines for maintaining personal integrity</p> Signup and view all the answers

    What is an example of unethical behavior in the US?

    <p>Offering money or favors to influence a business deal</p> Signup and view all the answers

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

    <p>To ensure businesses operate in an ethical manner</p> Signup and view all the answers

    What are some examples of ethical behavior in business?

    <p>Creating jobs and providing safe products</p> Signup and view all the answers

    What is the difference between ethics and personal conduct?

    <p>Ethics refers to personal behavior, while personal conduct refers to professional behavior</p> Signup and view all the answers

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