Scribd
Upload
82 views7 pages

Midterm For Business Ethics

This document contains a midterm exam for a Business Ethics course. It includes multiple choice, fill-in-the-blank, and enumeration questions testing knowledge of key concepts like the four major castes in Hinduism, the eightfold path of Buddhism, different types of business ownership and nonprofit categories, and core concepts in business ethics and corporate social responsibility.

Uploaded by

CJ WATTPAD
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
82 views7 pages

Midterm For Business Ethics

This document contains a midterm exam for a Business Ethics course. It includes multiple choice, fill-in-the-blank, and enumeration questions testing knowledge of key concepts like the four major castes in Hinduism, the eightfold path of Buddhism, different types of business ownership and nonprofit categories, and core concepts in business ethics and corporate social responsibility.

Uploaded by

CJ WATTPAD
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 7

Midterm for Business Ethics

A. Instruction: Choose the best answer.

1. _________ are the set of moral principles that guide a person’s behavior?
a. Moral
b. Mantra
c. Ethics
d. Behavior
2. ________ is used to signify “the set of beliefs of an individual and/or the system of
principles and judgement shared by society, culture or community”?
a. Morality
b. Mortality
c. Mantra
d. Etiquette
3. __________ converts materials into goods suitable for use and then sells those goods to
others?
a. Retailer
b. Service
c. Distributor
d. Manufacturing
4. A business that is owned and operated by one person?
a. Partnership
b. Business Venture
c. Corporation
d. Sole Proprietorship
5. It provides a wide variety of professional, technical, and everyday services that people
need and want?
a. Customer Service
b. Extra Mile Service
c. Service business
d. Technical Support
6. It is an unincorporated business with two or more owners who share the decisions,
assets, liabilities, and profit?
a. Partnership
b. Business Venture
c. Corporation
d. Sole Proprietorship
7. ___ may be understood as the systematic set of universally accepted rules and
regulation created by an appropriate authority such as government.
a. Code of Ethics
b. Law
c. Ordinance
d. Memo
8. ________ is a guide of principles designed to help professionals conduct business
honestly and with integrity?
a. Code of Ethics
b. Law
c. Ordinance
d. Memo
9. _______ are sold to other manufacturing businesses?
a. Product
b. Consumer Goods
c. Industrial Goods
d. Innovative Goods
10. _____ buys goods in large quantities, typically from manufacturers, and resells them in
smaller batches to retailers?
a. Online Seller
b. “Pakyawan”
c. Wholesaler
d. Manufacturing outlet
11. ______ is a self-regulating business model that helps a company be socially accountable
—to itself, its stakeholders, and the public?
a. Corporate Social Responsibility
b. Corporate Responsibility
c. Philanthropy
d. Shared Value
12. Only business can create ________?
a. Financial Independence
b. Profit
c. Prosperity
d. Income
13. Healthy businesses need a ______ community?
a. Professional
b. Healthy
c. Friendly
d. Nurturing
14. ______ buys goods, often from wholesalers, and resells them directly to consumers,
who are the end buyers?
a. Retailer
b. Reseller
c. “Suking Tindahan”
d. Online Seller
15. _____ is the oldest among the Hindu sacred scripture
a. Rag Veda
b. Rig Vada
c. Rag Vada
d. Rig Veda
16. Buddhism is a faith that was founded by?
a. Siddhartha Gautama
b. Sidhartha Gautama
c. Siddhartha Gaotama
d. Siddharta Gaotama
17. _______ a major tenet of Hinduism, is when the soul, which is seen as eternal and part
of a spiritual realm, returns to the physical realm in a new body?
a. Immortality
b. Aegis
c. Reincarnation
d. Eternal Life
18. It is a legal entity that makes money for reasons other than the owner’s profit; it can
make a profit, but the profit must remain within the company?
a. Partnership
b. Non-Profit Organization
c. Corporation
d. Sole Proprietorship
19. It is partial responsibility of a corporate shareholder; he or she is responsible only up to
the amount of his or her individual investment?
a. Limited Liability
b. Liability
c. General Partnership
d. Loan
20. _______ are the fundamental beliefs of a person or organization.
a. Core
b. Core Values
c. Values
d. Ethics
B. Instruction: Complet the following Diagram Note: TYPE YOUR ANWERS IN CAPSLOCK

22.
21.

23.

24.

21. PHILANTROPY
22. CREATING SHARED VALUE (CSV)
CREATING SHARED VALUE(CSV)
CREATING SHARED VALUE
23. VOLUNTEERING
24. SUSTAINABLITY

25.

26.

27.
25. CREATE EMPLOYMENT
26. SERVE AS ROLE MODEL
27. INTRODUCES INNOVATION
28.

29.

30.

31.

28. BHRAMIN
29. KSHATRYIA
30. SUDRA
31. UNTOUCHABLES

C. Enumerate the following Note: TYPE YOUR ANWERS IN CAPSLOCK

Eightfold Path of Buddhism ( EIGHT ITEMS)

32. RIGHT SPEECH


33. RIGHT ACTION
34. RIGHT LIVELIHOOD
35. RIGHT EFFORT
36. RIGHT MINDFULNESS
37. RIGHT CONCENTRATION
38. RIGHT THOUGHT
39. RIGHT UNDERSTANDING

Types of Business base on Ownership ( 3 items)

40. SOLE PROPRIETORSHIP


41. PARTNERSHIP
42. CORPORATIONS

A nonprofit corporation must fall within one of four categories ( 4 items):


43. RELIGION
44. CHARITY
45. PUBLIC BENEFIT
46. MUTUAL BENEFIT

Types of Business (4 items)


47. MANUFACTURING BUSINESSES
48. WHOLESALING BUSINESSES
49. RETAILING BUSINESSES
50. SERVICE BUSINESSES

You might also like