Business Essentials Mid-Term Review

Front

Which is a way to show transparency?

Back

XYZ Company is always upfront about the financial situation of the company.

Front

Tayshaun acts with honesty in all situations. He is demonstrating:

Back

integrity.

Front

Which ethical dilemma is Piper facing when she looks up to her new boss, tries to learn from her behavior, but knows some of her boss’s actions are unethical?

Back

a bad role model

Front

Which question should one ask himself/herself to determine whether one is facing a true ethical dilemma? Options: Is there money at stake?, Could someone be hurt by the actions?, Does the action make me look good to others?, Is my choice based on the most popular option?

Back

Could someone be hurt by the actions?

Front

Jasmine thinks it is OK to steal a few things from work. Which ethical principle would help her realize that the long-term repercussions of her actions could create an ethical dilemma?

Back

trustworthiness

Front

Shayla is not breaking any laws, but her behavior still is unethical. How is this possible?

Back

Because doing what is legal can also be considered unethical.

Front

When Tori considers taking something that belongs to someone else, which ethical principle could help her recognize that she is facing an ethical dilemma?

Back

integrity

Front

What do service businesses sell?

Back

intangible goods and services

Front

The two main divisions of the trade industry are:

Back

wholesalers and retailers.

Front

A business that buys goods or services and sells them to the ultimate consumer is a:

Back

retailer.