FORMATIVE TEST in Business Ethics

MULTIPLE CHOICE: Circle the letter of the correct answer.

1. What is the term which describes the opportunity for share holders and potencial
investors to openly observe companies financial transactions.
A. Code of Ethics B. Social Audit C. Transparency D. Philanthropy
2. Which of the following occurs when an individual or organization is involved in multiple
interests, one of which could possibly corrupt the motivation for an act in the other?
A. Impropriety B. Multitasking C. Conflict of interest D. Ethical lapse
3. Which of the following does transparency imply?
A. Accountability B. Openness C. Communication D. All of the answer
4. It sometimes difficult to determine in the moment what is ethical and what is not
because the idea of ethics is ?
A. A dynamic concept B. A fallacy C. A rigid concept D. An appropriate guide
5. What notion should be at the heart of ethical theory, according to virtue ethics?
6. What is moral exemplar?
A. A non absolute moral rule B. A person who serves as a role model C. a situation thet
illustrate the consequences of moral principle. D. A person to whom the moral rules do
not pply.
7. What is the relationship between duty and virtue, according to the virtue of ethics.
A. Duty is define as what a virtous person would do.
B. Virtue is defined as a character trait that leads us to do our duty.
C. The two concepts are independent of one another.
D. If one does ones duty, virtue is unnecessary.
8. How do virtues people differ from vicious people?
A. Eudaimonia B. Ataraxia C. Pleasure D. Power
9. How did Aristotle virtue could be acquired?
A. It is born B. One must have a convertion experience C. Virtue is acquired through
education and training. D. It is impossible to become virtous.
10. What is tragic delimma?
A. A situation in whis one has two options, only one which will have a good outcome.
B. A situation in which a good persons life will be ruined, no matter what she does.
C. A situation in which one must choose between self-interst and morality.
D. A situation in which it is impossible te behave morally.
 FORMATIVE TEST in Business Ethics

II. TRUE OR FALSE. Write TRUE if the statement is correct and FALSE if
incorrect.

1. Wear safety shoes to prevent injury to your feet from a dropped

item.
2. Exercise regularly to keep your back strong and healthy.
3. Employers need not to orient workers and provide suitable
information in using tools and any piece of equipment.
4. Work alone when dealing with oversized loads.
5. To avoid electric shock or short circuit, expose equipment to rain or
water.
6. Employers should conduct Risk Assessment that covers the setting
up, use and maintenance of tools and equipment at work.
7. Schedule a regular check-up of equipment to prevent serious
breakdown.
8. To ensure safety in handling equipment, always follow the
manufacture’s operating instruction.
9. When carrying high loads, use a step stool or sturdy ladder to reach
loads that are above your shoulders
10. Handle equipment with care and make sure it does not bump on
hard surfaces.
 FORMATIVE TEST in Business Ethics

MATCHING TYPE:

1. PARTNERSHIP 2. ETHICS 3. BUSINESS ETHICS 4. CODE OF ETHICS

5. SOCIAL RESPOSIBILITY 6. SHARE HOLDERS 7. CORRUPTION

8. TRUST 9. CONFLICT OF INTEREST 10. FAIRNESS

a. THE QUALITY OF MAKING JUDGEMENT THAT ARE FREE FROM DISCRIMINATION OR

FREE FROM BIAS

b. A LACK OF HONESTY OR INTIGRITY; USING A POSITION OF TRUST OR AUTHORITY TO

RECEIVE FAVORS,OFTEN FINANCIAL BRIBES.

c. ANY PERSON, COMPONY OR OTHER INSTITUTION THAT OWNS AT LEAST ONE SHARE
OF A CORPORATION STOCK.

d. THE OBLIGATION OF A BUSINESS TO CONTRIBUTE TO THE WELL BEING OF A

COMMUNITY.

e. IT OCCURS WHEN A PERSON TAKES ADVANTAGES OF A SITUATION OR PIECE

INFORMATION FOR HIS OR HER OWN GAIN RATHER THAN FOR THE EMPLOYER’S
INTEREST

f. A STAYEMENT OF RULES GUIDING THE BEHAVIOR OF EMPLOYEES OR NUMBERS OF AN

ORGANIZATION.

g. RULES ABOUT HOW BUSINESS AND THE ORGANIZATIONAL MEMBERS SHOULD

BEHAVE.

h. PRINCIPLES OF MORALITY OR RULES OF CONDUCT.

I. A BUSINESS ORGANIZATION IN WHICH TWO OR MORE INDIVIDUALS MANAGE AND

OPERATE THE BUSINESS, BOTH OWNERS ARE EQUALLY AND PERSONALLY LIABLE THE
DEBTS FROM THE BUSINESS.

j. THE WELLINGNESS OF ONE PERSON OR GROUP TO HAVE FAITH AND CONFIDENCE IN

THE GOODWILL OF ANOTHER PERSON, EVEN THOUGH THIS PUTS THEM AT RISK.