40 questions
The Americans with Disabilities Act (ADA) requires that a company
provide training to people with disabilities
find ways to help workers who are physically challenged
hire a certain number of people with special needs
adapt products manufactured for special-needs customers
A code of ethics is designed to
meet government regulations
reduce operating costs of a company
provide guidelines for proper behavior
improve employee productivity
True or False. International trade with other countries is the responsibility of state and local governments.
True
False
True or False. An verbal contract can be legally binding.
True
False
Fire and police protection is the main responsibility of
local government
state government
federal government
all levels of government
A ______ would protect the rapper's new hit single.
patent
trademark
copyright
contract
Antitrust laws are designed to
reduce utility rates
lower taxes
create more jobs
maintain competition
A(n) _____ tax is a common source of revenue for state and local governments.
sales
import
gift
unemployment
True or False. A monopoly is never a benefit to consumers.
True
False
To be valid and enforceable, contracts must be in writing and signed by both parties.
True
False
A logo is a trademark linked with a specific company or product.
True
False
Government income is called revenue.
True
False
The duty of a business to contribute to the well-being of a community
Social responsibility
Conservation
Compassion
Environmental consciousness
Starbucks providing healthcare to their coffee farmers around the world is an example of
Social responsibility
Environmental protection
Workplace diversity
Job safety
Principles of morality or rules of conduct
ethics
business ethics
work ethic
social responsibility
Rules about how businesses and their employees ought to behave
business ethics
work ethic
antitrust laws
human resources
A natural resource, such as gas, coal, copper, or iron ore, that cannot be replaced once it is used up
nonrenewable resources
renewable resources
nonrenewable capital
renewable elements
A statement of values and rules that guides the behavior of employees or members of an organization
code of ethics
human resources
employee management
social responsibility
Laws designed to promote competition and fairness and to prevent monopolies
antitrust laws
monopoly laws
code of ethics
trademark
Protection of the work of authors, composers, and artists
copyright
trademark
ethics
contract
an agreement to exchange goods or services for something of value
contract
code of ethics
patent
social responsibility
The exclusive right given tot a person to make, use, or sell an invention for a period of 20 years
patent
trademark
copyright
monopoly
A word, letter, or symbol associated with a specific product or company
trademark
copyright
patent
contract
A business that has complete control of the market for a product or service.
monopoly
copyright
trademark
antitrust laws
Which of these services would not be considered a public utility
Baldwin EMC
Riviera Utilities
Cox Cable
Foley Police Department
Your favorite music artist seeks to protect their new album from being replicated without their permission. Which of the following will be used?
copyright
trademark
patent
monopoly
The owner of Touch Up Cup used what to protect the design of his product from being copied?
patent
copyright
trademark
contract
The apple logo on the back of all Apple products is an example of a
trademark
copyright
slogan
patent
Which of the following is NOT one of the four areas of social responsibility for businesses
Government Regulation
Environmental Protection
Workplace Diversity
Employee Wellness
True or False. OSHA is the agency that encourages workplace diversity.
True
False
Jamal allows his design team at Google to have Fridays off every week. This an example of which area of social responsibility?
Employee Wellness
Environmental Protection
Workplace Diversity
Job Safety
True or False. Companies who take social responsibility seriously have a better public image.
True
False
Which of the following is not a question to ask when writing a code of ethics?
Is it legal?
Does it violate company standards?
Who is affected by the action?
Is it convenient for the company?
Matt owns a trucking company that delivers products all over the country. What level of government regulates his commerce?
Federal
State
Local
Judicial
An airplane engine manufacturer in Mobile, AL receives electrical equipment from a company in Birmingham, AL. What type of commerce is this?
Interstate Commerce
Intrastate Commerce
Local Commerce
International Commerce
Carson negotiating the terms of the contract with the Shark investors is best described as
consideration
competency
agreement
legality
True or False. Carson's contract with the Sharks isn't valid until it's written down.
True
False
Which of these is not a tax that the government collects from individuals or businesses?
Income Tax
Property Tax
Sales Tax
Tariff Tax
Paying tax on a can of paint from Lowes is an example of which tax?
sales tax
property tax
income tax
tariff tax
An example of a non-renewable resource would be
solar energy
gold
agricultural products
a library book