BUSINESS ETHICS - SECOND DAY REVIEW
Quiz
•
Business
•
11th Grade
•
Hard
Joanne Marie Biso
Used 4+ times
FREE Resource
12 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which of the following is a commonly used model of corporate social responsibility?
Stakeholder Theory
Supply and Demand Model
Maslow's Hierarchy of Needs
Theory of Relativity
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following best defines stakeholder theory?
focuses on maximizing profits for shareholders
prioritizes the interests of all individuals or groups affected by a business
emphasizes the importance of corporate social responsibility
promotes unethical behavior in business
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is an example of an ethical dilemma in stakeholder theory?
Deciding whether to give employees a raise
Choosing a color scheme for the company logo
Setting the location for a new branch
Determining the number of employees
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What are the potential consequences of ignoring stakeholder interests?
Increased trust and loyalty from stakeholders
Decreased profitability for the business
Enhanced reputation and positive public perception
Improved employee satisfaction
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is NOT a key principle of stakeholder theory?
Accountability
Transparency
Profitability
Fairness
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A company engaging in fair labor practices and providing a safe working environment is most likely addressing the concerns of which stakeholder group?
Customers
Employees
Shareholders
Government Regulators
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
According to stockholder theory, the primary goal of a corporation is to:
Maximize customer loyalty
Maximize social welfare
Maximize employee satisfaction
Maximize shareholder wealth
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