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BUS 210 Week 3 Individual Assignment Knowledge Check

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Complete the Week Three Knowledge Check.
Which of the following people or groups supply a company with productive resources and
are affected by the way a company does business?
A. Stakeholders
B. Customers
C. Employees
D. Managers
Who has a claim on a company because they own shares?
A. Employees
B. Stockholders
C. Customers
D. Managers
Important issues can arise concerning how and when payments are made to this group of
A. Stockholders
B. Customers
C. Employees
D. Suppliers and distributors
Which of the following impact ethical practices in business at home and abroad?
A. Societal ethics, occupational ethics, individual ethics, and
organizational ethics
B. Legal ethics, environmental ethics, individual ethics, and
organizational ethics
C. Societal ethics, occupational ethics, legal ethics, and
environmental ethics
D. Cultural ethics, occupational ethics, legal ethics, and
organizational ethics
Which ACT prohibits U.S. companies from paying bribes in order to win contracts
A. Investment Company Act
B. Securities Exchange Act
C. U.S. Foreign Corrupt Practices Act
D. Sarbanes-Oxley Act
There are several advantages a company can gain over its competition by behaving in an
ethical way. The main advantage is
A. improved reputation
B. decreased costs
C. increased sales
D. employee loyalty
What rules can managers employ as guidelines to analyze the effects of their business
decisions on stakeholders?
A. Utilitarian, social contracts, virtue, and practical rules
B. Utilitarian, moral rights, justice, and practical rules
C. Relativism, moral rights, justice, and social contracts
D. Pragmatism, moral rights, justice, and practical rules
This is the effect of unethical behavior on business commerce.
A. Stakeholders internalize the unethical values.
B. Unethical behavior becomes a social norm.
C. Less capital and wealth are accrued in the government
D. Less capital and wealth are created in society.
The utilitarian rule bases a business decision on which of the following?
A. What produces the greatest good for the greatest number
of people.
B. What distributes benefits and harm among people in
equitable and impartial manner.
C. What maintains and protects the fundamental rights and
privileges of people.
D. What a manager has no hesitation to communicate to
people outside the company, because the typical person
in a society would think the decision is acceptable.
Anti-trust legislation exists
A. to make it illegal for companies to conspire with one
another to limit supply
B. because it is the express aim of the U.S. government to
foster competition
C. to protect consumers from shortages
D. because it is the government’s job to regulate business
This Act was passed by congress to protect air quality and motivate companies to pollute
A. Comprehensive Environmental Response, Compensation,
and Liability Act
B. Pollution Prevention Act
C. Energy Policy Act
D. Clean Air Act
Which law was enacted to force companies to more fully disclose their financial results
and to protect stockholders of the company?
A. Investment Company Act
B. Sarbanes-Oxley Act
C. Dodd-Frank Wall Street Reform and Consumer
Protection Act
D. Securities Exchange Act
Concept: Laws Affecting Business Occupation
This type of law exists to ensure that people have the skills they need to properly serve
the public interest.
A. Laws governing business diversity
B. Laws regulating occupational qualifications
C. Laws relating to the public interest
D. Laws promoting employee health and safety
Laws governing diversity endeavor to motivate employers to
A. consider the skills, experience, and ability to do the job
versus employee ethnicity, religion, gender, age, and so
B. specify the skills, qualifications, and experience people
must possess to be hired for government occupations
C. govern how a company should behave to further the
public interest
D. help promote their survival and increase the profitability
of business enterprises
The U.S. Department of Labor Occupational Safety and Health Organization (OSHA) is
the government agency primarily responsible for
A. how companies recruit, promote, and retain people for
B. how companies determine the occupational requirements
needed by employees to protect the well-being of society
C. how the rights of consumers are protected in the
D. how companies protect their employees from harm while
on the job
Concept: Laws Affecting Business Organization
Which two types of laws have been enacted to promote a company’s continued existence
and profitability?
A. Occupational health and safety
B. Incorporation and bankruptcy
C. Business and environmental stewards
D. Occupational qualifications and diversity
This is a process of dissolution of a business through which its assets are sold to repay its
A. Chapter 7 bankruptcy
B. Chapter 9 bankruptcy
C. Chapter 11 bankruptcy
D. Chapter 13 bankruptcy
What is a copyright?
A. It is a word, name, symbol, or device which is used in
trade with goods to indicate the source of the goods and
to distinguish them from the goods of others.
B. It is a form of protection provided to the authors of
books, videogames, poems, and songs produced by
authors, poets, software experts, and musicians.
C. It is the grant of a property right that is issued to its
D. It is the creations of the mind including inventions,
literary and artistic works, and symbols, names, images,
and designs used in commerce.

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