Ethics and Social Responsibility Review

Question 1

Ethical behavior can best be described as _______________

Answer 1

Behaving Honestly

Question 2

A law that made it illegal to charge different prices to different wholesale customers

Answer 2

Clayton Act of 1914

Question 3

A law that guards against false advertising

Answer 3

Wheeler-Lea Act of 1938

Question 4

A law that can force a manufacturer to recall a product if found to be impure.

Answer 4

Federal Food, Drug, and Cosmetic Act of 1938

Question 5

The obligation that individuals or businesses have to help solve social problems.

Answer 5

Social Responsibility

Question 6

In some cultures _______________________ is expected, and failure to present them is considered an insult.

Answer 6

Gift Giving

Question 7

___________________ behavior helps employees gain the trust of the people with whom they work.

Answer 7

Ethical

Question 8

Over the years various _____________________ have been enacted that directly relate to the issue of ethics in business

Answer 8

Laws

Question 9

Submitting a false expense account is an example of ________________________

Answer 9

Employee Theft

Question 10

the rights of ideas, such as inventions, books, movies, and computer programs to the person who created it.

Answer 10

Intellectual Property

Question 11

A document that outlines the company’s policies on the way you should conduct yourself at work or when representing your business.

Answer 11

Code of Ethics

Question 12

a set of moral principles and values that govern the way a person behaves.

Answer 12

Ethics

Question 13

the exclusive right granted by a government to an inventor for a limited time period

Answer 13

Patent

Question 14

Is a Word, letter or symbol linked to specific company and registered with the government

Answer 14

Trademark

Question 15

Protects creative works like music, writing, etc.

Answer 15

Copyright