ANSWER QUESTIONS

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quiz_402.docx

1.  

When it comes to monitoring electronic communication, especially e-mail:

Answer

80% of all organizations read employees' e-mail.

supervisors may not read employees' e-mail without cause.

only 15% of all companies have policies governing the use of e-mail.

most employees don't know employers may read their e-mail without permission.

2 points   

Question 2

1.  

The ________ suggests that the channels of communication between companies and their customers run in both directions.

Answer

right to education

right to be heard

right to know

right to choice

2 points   

Question 3

1.  

________ consists of the fundamental moral values and behavioral standards that form the foundation for the people of an organization as they make decisions and interact with stakeholders.

Answer

Business ethics

Social responsibility

Moral responsibility

Law

2 points   

Question 4

1.  

Choose the option that offers the greatest good for the greatest number of people is an example of:

Answer

the professional ethic.

the utilitarian principle.

Kant's categorical imperative.

the professional ethic.

2 points   

Question 5

1.  

If the small business owner wants to demonstrate that the company is serious about its responsibility toward employees, he/she should:

Answer

focus on creating the maximum return on investment.

listen to employees and involve them in decision making.

begin a reengineering effort to improve productivity.

decrease the cultural diversity in his/her company.

2 points   

Question 6

1.  

A(n) ________ is a company-provided benefit designed to help reduce workplace problems such as alcoholism, drug addiction, a gambling habit, and other conflicts and to deal with them when they arise.

Answer

employee assistance program (EAP)

substance abuse policy

drug testing program

employee education program

2 points   

Question 7

1.  

Regarding sexual harassment, employers should realize that they:

Answer

can be held responsible for third-party sexual harassment.

are protected from liability if they are aware of a harassment problem, even if they don't take action.

are not liable for sexual harassment in the workplace if they have a formal policy against it.

are not liable if they didn't know it was taking place, even if one could reasonably expect them to know.

2 points   

Question 8

1.  

If your ethical conduct is based on treating other people the way you expect them to treat you, you are using:

Answer

the family test.

the professional ethic.

the Golden Rule.

Kant's categorical imperative.

2 points   

Question 9

1.  

Managing diversity in the workforce means managers need to:

Answer

hire more minorities and fewer non-minorities.

create an environment in which all types of workers can flourish.

establish affirmative action programs.

strive for more homogeneity in the workforce.

2 points   

Question 10

1.  

________ is any unwelcome sexual advance, request for sexual favors, and other verbal or physical sexual conduct made explicitly or implicitly as a condition of employment.

Answer

Hostile Harassment.

Quid Pro Quo Harassment

Nonemployee Sexual Harassment

Sexual Harassment

2 points   

Question 11

1.  

Cultural diversity in the small business brings several benefits to its owner, including:

Answer

less government scrutiny of his/her business practices.

local and state tax breaks.

a smaller but better educated and skilled labor force from which to hire new employees.

a rich blend of perspectives, skills, and talents.

2 points   

Question 12

1.  

The ethical standards test of ethical behavior in businesses that prioritizes acting in such a way that the action taken under the circumstances could be a universal law or rule of behavior is called:

Answer

the family test.

the professional ethic.

the Golden Rule.

Kant's categorical imperative.

2 points   

Question 13

1.  

Ethical lapses caused by a chance to "get ahead" by taking some unethical action come about because of:

Answer

a "bad apple."

a "bad barrel."

opportunity pressures.

competitive pressures.

2 points   

Question 14

1.  

"Everybody does it." is an example of:

Answer

moral blindness.

justice.

consequences and outcomes.

public justification.

2 points   

Question 15

1.  

Business ethics consist of the fundamental ________ values and behavioral standards that form the foundation for the people of an organization as they make decisions and interact with stakeholders.

Answer

religious

moral

societal

legal

2 points   

Question 16

1.  

Passed in 1976 to deal with the disposal of solid waste, the ________ specifies how landfills should be managed and hazardous waste disposed of.

Answer

Resources Conservation and Recovery Act

Clean Water Act

Clean Air Act

Environmental Protection Act

2 points   

Question 17

1.  

________ was passed to strengthen the Clayton Act, specifically to address price discrimination because many businesses were circumventing the original rules.

Answer

The Federal Trade Commission Act

The Sherman Act

The Robinson-Patman Act

The Miller-Tydings Act

2 points   

Question 18

1.  

A(n) ________ insures a buyer that the goods will be of average quality and that they are fit for the ordinary purposes for which such goods are used.

Answer

implied warranty of merchantability

implied warranty of fitness for a particular purpose

express warranty

warranty of title

2 points   

Question 19

1.  

What are, if any, the possible defenses against a valid contract which may cause it to be unenforceable?

Answer

Genuineness Of Assent And Form

Control and Offer

Agreement and Legal

Agreement and Offer

2 points   

Question 20

1.  

________ frequently attempt to free one party of all responsibility and liability for an injury or damage that might occur.

Answer

Intent clauses

Conditional clauses

Exculpatory clauses

Liability clauses

2 points   

Question 21

1.  

A(n) ________ is a promise or a set of promises for the breach of which the law gives a remedy, or the performance of which the law recognizes as a duty.

Answer

agreement

UCC

warranty

contract

2 points   

Question 22

1.  

A ________ is any distinctive work, symbol, name, logo, etc., that a company uses to identify the origin of a product or to distinguish it from other products.

Answer

patent

copyright

trademark

warranty

2 points   

Question 23

1.  

To have an agreement, a contract must have:

Answer

a promise by one party to do something in the future.

the ability to contract.

an intention to be bound by the contract.

an offer and an acceptance.

2 points   

Question 24

1.  

A ________ is a grant giving the inventor of a product the exclusive right to make, use, or sell it for a specific time.

Answer

patent

copyright

trademark

warranty

2 points   

Question 25

1.  

________ is a remedy for breached contracts that deal with unique items and is designed to make the injured party "whole again."

Answer

Consequential damage

Specific performance

Remedy at law

Monetary damage

2 points   

Question 26

1.  

If a contract for the sale of goods omits the place for delivery, the Code states that delivery will take place at:

Answer

the seller's place of business.

the seller's residence.

the buyer's place of business.

the buyer's residence.

2 points   

Question 27

1.  

The act that is the foundation on which antitrust policy in the United States is built is:

Answer

the Clayton Act.

the Sherman Anti-Trust Act.

the Robinson-Patman Act.

the Miller-Tydings Act.

2 points   

Question 28

1.  

The Uniform Commercial Code:

Answer

significantly revised Merchant Law.

is based on case law and overturns much of the common law that merchant law was based on.

makes minor changes to merchant law, largely making the law more uniform and consistent.

is the most significant revision of commercial law since the Napoleonic Code.

2 points   

Question 29

1.  

The ________ requires lenders and sellers who extend credit to disclose fully the terms and conditions of credit arrangements to enable consumers to "shop around."

Answer

Fair Credit Reporting Act

Truth-In-Lending Act

Consumer Product Safety Commission

Equal Credit Opportunity Act

2 points   

Question 30

1.  

The type of warranty a seller creates when making statements about the condition, quality, and performance of the good that the buyer substantially relies on?

Answer

Sales Warranty

Verbal Warranty

Express Warranty

Warranty of merchantability