CHAPT 6 QUIZ Flashcards
(70 cards)
1
Q
- What Republic Act addresses sexual harassment in the Philippines?
A. RA 6725
B. RA 7877
C. RA 9003
D. RA 10918
A
B. RA 7877
2
Q
- “Quid Pro Quo” harassment means:
A. Friendly advice
B. Sexual favor in exchange for something
C. Office teasing
D. Company gift-giving
A
B. Sexual favor in exchange for something
3
Q
- A just wage is one that:
A. Is the same across all industries
B. Reflects company profit
C. Supports the worker’s needs with reasonable comfort
D. Comes with non-cash benefits only
A
C. Supports the worker’s needs with reasonable comfort
4
Q
- Gift-giving becomes unethical when:
A. It is too frequent
B. It creates a conflict of interest
C. It is meant to thank someone
D. It includes discounts
A
B. It creates a conflict of interest
5
Q
- Bribery is defined as:
A. Giving tips
B. Exchange of gifts
C. Offering money for unethical gain
D. Business networking
A
C. Offering money for unethical gain
6
Q
- Advertising becomes immoral when it:
A. Is humorous
B. Is lengthy
C. Is misleading or deceptive
D. Includes testimonials
A
C. Is misleading or deceptive
7
Q
- Weasel words are used in advertising to:
A. Inform clearly
B. Mislead through ambiguity
C. Entertain consumers
D. Cite references
A
B. Mislead through ambiguity
8
Q
- Workplace romance becomes a problem when it:
A. Enhances morale
B. Leads to favoritism
C. Promotes teamwork
D. Boosts productivity
A
B. Leads to favoritism
9
Q
- The phrase “let the buyer beware” refers to:
A. Fair trade
B. Consumer law
C. Caveat emptor
D. Honest packaging
A
C. Caveat emptor
10
Q
- Which of the following is direct misrepresentation?
A. Ambiguous terms
B. Caveat emptor
C. Mislabeling a product
D. Incomplete answers
A
C. Mislabeling a product
11
Q
11.A strike where workers report but do not work is:
A. General strike
B. Sympathy strike
C. Sit-down strike
D. Slow-down strike
A
C. Sit-down strike
12
Q
- Whistleblowing is:
A. Cheering a team
B. Reporting unethical practices
C. Conducting interviews
D. Corporate greeting
A
B. Reporting unethical practices
13
Q
- What is the main cause of unethical behavior in business?
A. Competition
B. Greed
C. Education
D. Lack of Capital
A
B. Greed
14
Q
14.Conflict of interest occurs when:
A. A company hires too many employees
B. Personal interest interferes with professional duties
C. The company competes internationally
D. A business fails to meet its quota
A
B. Personal interest interferes with professional duties
15
Q
- Which ethical problem involves deceiving customers about product quality?
A. Discrimination
B. Product misrepresentation
C. Insider trading
D. Conflict of interest
A
B. Product misrepresentation
16
Q
16.A whistleblower is someone who:
A. Commits fraud
B. Manages finances
C. Reports unethical behavior
D. Leaks marketing strategies
A
C. Reports unethical behavior
17
Q
- An example of unethical labor practices is:
A. Timely promotion
B. Gender equality
C. Child labor
D. Regular training
A
C. Child labor
18
Q
- Which of the following promotes ethical culture in organizations?
A. Ethical training
B. Financial incentives
C. Aggressive advertising
D. Profit maximization
A
A. Ethical training
19
Q
- Bribery undermines:
A. Business competition
B. Organizational profits
C. Employee training
D. Fair judgment
A
D. Fair judgment
20
Q
- Discrimination in the workplace can be based on:
A. Job performance
B. Educational attainment
C. Race, gender, or religion
D. Work hours
A
C. Race, gender, or religion
21
Q
- Ethical companies prioritize:
A. Profit only
B. Shortcuts
C. Social responsibility
D. Marketing campaigns
A
C. Social responsibility
22
Q
- Which is an unethical advertising practice?
A. Honest labeling
B. Deceptive endorsements
C.Informative ads
D. Environmental messages
A
B. Deceptive endorsements
23
Q
- Corporate social responsibility aims to:
A. Increase profit
B. Avoid taxes
C. Contribute to society
D. Expand the business globally
A
C. Contribute to society
24
Q
- Lying to customers about services is a form of:
A. Marketing tactic
B. Product recall
C. Misrepresentation
D. Sales strategy
A
C. Misrepresentation
25
25.A socially responsible business:
A. Maximizes shareholder wealth only
B. Hides product flaws
C. Supports community initiatives
D. Ignores environmental laws
C. Supports community initiatives
26
26. What fosters trust among employees and management?
A. Secrecy
B. Dishonesty
C. Ethical policies
D. Profit orientation
C. Ethical policies
27
27.Ethical codes in business serve as:
A. Suggestions
B. Professional guidelines
C. Legal contracts
D. Job offers
B. Professional guidelines
28
28. What helps prevent ethical misconduct?
A. Fear of punishment,
B. Clear ethical standards
C. Lack of Supervision
D. Corporate Secrecy
B. Clear ethical standards
29
29. Corporate governance is primarily concerned with:
A. Profit sharing
B. Investor relations
C. Ethical management and oversight
D. Marketing
C. Ethical management and oversight
30
30. A wage sufficient for the worker's basic needs is called:
A. Standard wage
B. Living wage
C. Just wag
D. Legal wage
B. Living wage
31
31. Which of the following is not a factor in determining a just wage?
A. Cost of living
B. Education level
C. Industry rate
D. Job performance
B. Education level
32
32.Bribery involves:
A. Voluntary donations
B. Offering tips to staff
C. Giving money for unfair gain
D. Corporate sponsorships
C. Giving money for unfair gain
32
33. Workplace romance becomes an issue when it leads to:
A. Motivation boost
B. Better performance
C. Favoritism and bias
D. Increased teamwork
C. Favoritism and bias
33
34.Which of the following is not a type of strike?
A. Sit-down strike
B. General strike
C. Bonus strike
D. Wildcat strike
C. Bonus strike
34
35.Multilevel Marketing (MLM) becomes pyramiding when:
A. Products are overpriced
B. Income depends only on recruiting
C. It advertises online
D. Employees work part-time
B. Income depends only on recruiting
34
36.Money laundering disguises:
A. Legal transactions
B. Legitimate money
C. Illegal funds as legal
D. Debt as income
C. Illegal funds as legal
34
37.A conflict of interest arises when:
A. One supports the company
B. Actions benefit both employer and employee
C. Personal gain outweighs company interest
D. Contracts are signed
C. Personal gain outweighs company interest
35
38.Insider trading is considered unethical because of the following statements below:
i. It gives an insider an unfair advantage over ordinary investors having no access to privileged information
ii. Insiders are entrusted with confidential company information, and using it for personal gain breaches that trust.
iii. It promotes investor confidence and the integrity of financial markets, making them seem rigged or corrupt
iv. Investors who trade without access to insider information can suffer losses, while the insider profits unfairly.
A. Only i and ii
B. Only i and iii
C. Only i, iii and iv'
D. All of the above
A. Only i and ii
36
39. Tax evasion is:
A. Minimizing taxes legally C. Illegal avoidance of taxes
B. Ignorance of tax laws
C. Illegal avoidance of taxes
D. Postponing payments
C. Illegal avoidance of taxes
37
40. Tax avoidance is:
A. Failing to report income
B. Reducing tax liability using legal means and loopholes
C. Deliberately hiding income
D. Underreporting income, inflating expenses, hiding money
B. Reducing tax liability using legal means and loopholes
37
41.Short changing means:
A. Lower prices
B. Giving less than what is due
C. Giving discounts
D. Wrong labeling
B. Giving less than what is due
37
42.An example of internal whistleblowing is:
A. Posting on social media
B. Reporting to media
C. Informing a supervisor
D. Filing a public lawsuit
C. Informing a supervisor
37
43. The PANA Code of Ethics does not allow:
A. Honest promotions
B. Comparative pricing
C. Disparagement of competition
D. Educating consumers
C. Disparagement of competition
37
44.An example of a type of whistleblowing:
A. Alumni Whistleblowing
B. Anonymous Whistleblowing
C. Only letter A
D. Both A and B
B. Anonymous Whistleblowing
38
45. The seller gives the consumer the quantity by a piece of the product less than the number he has paid for is called:
A. Short weighing
B. Short changing
C. Short measuring
D. Short numbering
D. Short numbering
39
1. Sexual harassment is illegal in the Philippines.
True
39
2. Just wage only considers the company's profit.
False
39
3. Giving any gift is unethical.
False
40
4. Deceptive advertising is immoral.
True
40
5. Workplace romance never causes problems.
False
40
6. All advertising is immoral.
False
41
7. Trade secrets must be protected.
True
42
8. Weasel words make ads ambiguous.
True
43
9. Caveat emptor puts the burden on the seller.
False
44
10. Misbranding is a form of misrepresentation.
True
45
11.All labor strikes are illegal.
False
46
12. Whistleblowers always disclose their names.
False
47
13.Pyramiding and MLM are the same ethically.
False
48
14. Money laundering is a legal financial practice.
False
49
15. Conflict of interest affects impartiality.
True
50
16.Insider trading involves public information.
False
51
17.Deceptive packaging is a kind of misrepresentation.
True
52
18. Misrepresentation can be intentional or unintentional.
True
53
19. Discrimination in hiring is an ethical practice.
False
54
20.A conflict of interest can compromise objectivity.
True
55
21.Stealing office supplies is not considered unethical.
False
56
22.Labor exploitation is a common ethical issue.
True
57
23. Deception is acceptable in competitive marketing.
False
58
24. Good corporate governance encourages ethical practices.
True
59
25.Business ethics is important for long-term success.
True
