12 Questions
Which of the following scenarios best exemplifies a company with a strong ethical culture?
The top management at Randy's company clearly communicates to all employees the ethical behavior expected of them.
What is insider trading?
Insider
To be successful in the long run, a business must treat its customers, employees, and community with social:
Responsibility
At the peak of the Pyramid of Social Responsibility is:
Philanthropic responsibilities
What is one of the most important actions companies can take to curb global warming?
Planting more trees worldwide
Of the following, which is NOT a good way to reduce daily carbon and greenhouse gas output?
Increasing reliance on fossil fuels for energy needs
What is the concept referred to when a sole proprietor is not able to pay their business debts using personal assets such as home and retirement savings plans?
Unlimited liability
Why is a sole proprietorship a popular form of business?
It is easy to form.
Which structure is the easiest and quickest way to start a business?
Sole proprietorship
What are the characteristics of entrepreneurs?
All the choices are characteristics of many entrepreneurs.
What type of business is Baubles and Bangles, which acquires jewelry from producers and wholesalers to sell to consumers?
Retailer
Which of the following is not part of a business plan?
Training program
Test your knowledge on identifying a strong ethical culture in companies based on different scenarios and behaviors exhibited by employees and management.
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